groovyc Posted December 2, 2008 Share Posted December 2, 2008 The frustrated public has started boycotting products/services of PAD-supporting organizations. According to a thai web blog, Bangkok bank is having big withdrawals taking place recently. Someone who wanted to close her 20mil bhat account was told she cannot withdraw more than 2mil per day. mm, I smell trouble...lucky I don't have an account with them. Link to comment Share on other sites More sharing options...
Bizz Posted December 2, 2008 Share Posted December 2, 2008 I was just about to transfer €25.000 thank y for letting us know Link to comment Share on other sites More sharing options...
mommysboy Posted December 2, 2008 Share Posted December 2, 2008 The frustrated public has started boycotting products/services of PAD-supporting organizations. According to a thai web blog, Bangkok bank is having big withdrawals taking place recently. Someone who wanted to close her 20mil bhat account was told she cannot withdraw more than 2mil per day. mm, I smell trouble...lucky I don't have an account with them. They'll all be in trouble soon as the Thai economy is set to plummet. Link to comment Share on other sites More sharing options...
dotcom Posted December 2, 2008 Share Posted December 2, 2008 I was in a DTAC shop (big one at Seacon) on Saturday. We got the VIP treatment. Orange juice etc. Link to comment Share on other sites More sharing options...
rainman Posted December 2, 2008 Share Posted December 2, 2008 Someone who wanted to close her 20mil bhat account was told she cannot withdraw more than 2mil per day. Since it's so trendy these days ....what's the source link??? Link to comment Share on other sites More sharing options...
mommysboy Posted December 2, 2008 Share Posted December 2, 2008 I was in a DTAC shop (big one at Seacon) on Saturday. We got the VIP treatment. Orange juice etc. How does this relate to the subject under discussion. What an inane posting, lol. Are you drunk. I certainly am. Link to comment Share on other sites More sharing options...
Maverell Posted December 2, 2008 Share Posted December 2, 2008 I popped into the branch of Bangkok Bank where I have an account - they were very friendly, more than normal, but I could say that for Carrefour, my condo security, all of whom have been very nice. They are embarrassed by the recent turmoil. Link to comment Share on other sites More sharing options...
wasabi Posted December 2, 2008 Share Posted December 2, 2008 I have an account with them but I only wire over as much as a I need for one month at a time. I've always known never to depend on anything in Thailand. Link to comment Share on other sites More sharing options...
jdinasia Posted December 2, 2008 Share Posted December 2, 2008 http://www.set.or.th/set/historicaltrading...&country=US down the past 2 days on average with other companies and the NYSE and mixed trading over the month Link to comment Share on other sites More sharing options...
Maverell Posted December 2, 2008 Share Posted December 2, 2008 I also only get my monthly needs into Bangkok Bank..... but if they go tits up I could do with out it !! Link to comment Share on other sites More sharing options...
Enjibenji Posted December 2, 2008 Share Posted December 2, 2008 thailand will be going into a bit of trouble - on the news it has been said a few times they will need to drop interest rates Link to comment Share on other sites More sharing options...
jdinasia Posted December 2, 2008 Share Posted December 2, 2008 I do not think Bangkok Bank PCL is in any trouble. Just rumor mongering speclation and silliness for the most part. Some people think that they may have been funding the PAD. Pretty unlikely in a publicly traded company Link to comment Share on other sites More sharing options...
torrenova Posted December 2, 2008 Share Posted December 2, 2008 Bangkok Bank not in trouble and deposits guaranteed by statute (changing to lower limits I know). Not sure how valid that would be for westerners but no differentiation in the terms s I understand it. Link to comment Share on other sites More sharing options...
PattayaParent Posted December 3, 2008 Share Posted December 3, 2008 I was in a DTAC shop (big one at Seacon) on Saturday. We got the VIP treatment. Orange juice etc. That's just their normal customer service, nothing to do with a sign of the times. Link to comment Share on other sites More sharing options...
bkkjames Posted December 3, 2008 Share Posted December 3, 2008 I will keep an eye out for unusually acts of friendliness towards the ever increasing rare species in the city known as farang. BK Bank over the years (to me, must be my cologne) has never been that user friendly for us farang types. Link to comment Share on other sites More sharing options...
MJP Posted December 3, 2008 Share Posted December 3, 2008 The frustrated public has started boycotting products/services of PAD-supporting organizations. According to a thai web blog, Bangkok bank is having big withdrawals taking place recently. Someone who wanted to close her 20mil bhat account was told she cannot withdraw more than 2mil per day. mm, I smell trouble...lucky I don't have an account with them. They'll all be in trouble soon as the Thai economy is set to plummet. I remember recent wild claims the Thai banks did not participate in CDS/CDO/MBS etc. Anyone believe this? Link to comment Share on other sites More sharing options...
Ulysses G. Posted December 3, 2008 Share Posted December 3, 2008 I do not think Bangkok Bank PCL is in any trouble. Just rumor mongering speclation and silliness for the most part. Sounds right to me! Link to comment Share on other sites More sharing options...
cmsally Posted December 3, 2008 Share Posted December 3, 2008 Be interesting to see how sales of Chang beer do, in the N & NE in the coming months. Link to comment Share on other sites More sharing options...
h90 Posted December 3, 2008 Share Posted December 3, 2008 I popped into the branch of Bangkok Bank where I have an account - they were very friendly, more than normal, but I could say that for Carrefour, my condo security, all of whom have been very nice. They are embarrassed by the recent turmoil. They were friendly Never saw that before....bad sign.... Link to comment Share on other sites More sharing options...
bdenner Posted December 3, 2008 Share Posted December 3, 2008 I was in a DTAC shop (big one at Seacon) on Saturday. We got the VIP treatment. Orange juice etc. How does this relate to the subject under discussion. What an inane posting, lol. Are you drunk. I certainly am. In defence of this post I'm guessing to guy is referring to a post yesterday where someone was asking for a list of PAD related businesses to boycott, both Bangkok Bank and DTAC were on the list. Link to comment Share on other sites More sharing options...
sabaijai Posted December 3, 2008 Share Posted December 3, 2008 Boycotting businesses to punish the PAD makes about as much sense as occupying the airport to punish the PPP. Hurts a lot of innocent people who have nothing to do with the conflict. Link to comment Share on other sites More sharing options...
bkkjames Posted December 3, 2008 Share Posted December 3, 2008 Boycotting businesses to punish the PAD makes about as much sense as occupying the airport to punish the PPP. Hurts a lot of innocent people who have nothing to do with the conflict. not sure if i totally agree. if someone took money out of my pocket (directly or indirectly), i would be sure not to support them in the future. Link to comment Share on other sites More sharing options...
neverdie Posted December 3, 2008 Share Posted December 3, 2008 Most banks around the world require notice or have limits in relation to large withdrawals.....having said that I know I wouldnt keep 20 million baht in BKK Bank @ the rates they are paying interest Link to comment Share on other sites More sharing options...
jadran Posted December 3, 2008 Share Posted December 3, 2008 their credit rating has been downgraded to negative http://www.marketwatch.com/news/story/SP-F...2-2A1B0624536C} Link to comment Share on other sites More sharing options...
younghusband Posted December 3, 2008 Share Posted December 3, 2008 Boycotting businesses to punish the PAD makes about as much sense as occupying the airport to punish the PPP. Hurts a lot of innocent people who have nothing to do with the conflict. Well by the logic of the PAD thugs hurting innocent people doesn't matter a dam. I certainly think Sondhi's business interests are worth boycotting....oh wait aren't his creditors about to seize his assets? Link to comment Share on other sites More sharing options...
tgeezer Posted December 3, 2008 Share Posted December 3, 2008 Most banks around the world require notice or have limits in relation to large withdrawals.....having said that I know I wouldnt keep 20 million baht in BKK Bank @ the rates they are paying interest Exactly true and there isn't a bank in the world that actually has every depositers money available for withdrawal, arn't they supposed to set it to work and make profits? If you want your bank to fail then get everybody with deposits to ask for their money, its called a 'run on the bank'. Link to comment Share on other sites More sharing options...
neverdie Posted December 3, 2008 Share Posted December 3, 2008 their credit rating has been downgraded to negativehttp://www.marketwatch.com/news/story/SP-F...2-2A1B0624536C} I just checked the S & P website and Bangkok Banks credit rating with them has remained unchanged since 2005....there its CREDIT RATING is said to be BBB+/Negative/A-2 & has been that way since 27/9/2005. I don't understand what Market Watch is talking about???? Link to comment Share on other sites More sharing options...
sabaijai Posted December 3, 2008 Share Posted December 3, 2008 Boycotting businesses to punish the PAD makes about as much sense as occupying the airport to punish the PPP. Hurts a lot of innocent people who have nothing to do with the conflict. not sure if i totally agree. if someone took money out of my pocket (directly or indirectly), i would be sure not to support them in the future. That's you as an individual. Bangkok Bank represents lots of people who have nothing to do with conflict. Link to comment Share on other sites More sharing options...
sabaijai Posted December 3, 2008 Share Posted December 3, 2008 Boycotting businesses to punish the PAD makes about as much sense as occupying the airport to punish the PPP. Hurts a lot of innocent people who have nothing to do with the conflict. Well by the logic of the PAD thugs hurting innocent people doesn't matter a dam. Same logic, both hurt innocent people. Link to comment Share on other sites More sharing options...
samiinjapan Posted December 3, 2008 Share Posted December 3, 2008 Banks are broke every where ... look at citibank its better to money in hand now... Link to comment Share on other sites More sharing options...
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