laluji Posted November 9, 2008 Share Posted November 9, 2008 Hello Dear Friends. I have transfered some money from my country to Thailand to a bank in Bangkok where i have account. I had opened the account about two years ago when i was there on tourist visa. After that i went to thailand a few times and came back. In spetember 2008 i transfered money to buy a condo in Thailand . I have not yet bought it and i feel it may take another 3 months. All sorts of thought are coming to my mind. Is my money safe in bank account which was opened on tourist visa ? is it possible that they close my account and dont give me my money ? should i quickly buy or take out my money from that account. I wrote the address of a local friend in Bangkok in the application form for the opening of the account. That friend has never received any letter or anything from my bank so far. Is there any danger ? bank say that just dont worry . what you say ? Thanks Link to comment Share on other sites More sharing options...
LennyW Posted November 9, 2008 Share Posted November 9, 2008 Probably a lot safer in a Thai bank than in some other countries at present. Thai banks are far less likely to fail due to very strict lending policies over the last 10 / 11 years, consequently Thailand is far less at risk from the "credit crunch" currently affecting other countries right now. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now