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Posted

would it be ok to have my Thai holdings in an investment vehicle?

I am currently getting 1/2 % interest on my savings at Siam commercial

k bank is offering up to 4% yield on Korean govt bond funds but locked in for 2 years

could I use that as proof of all or part of my 800,000 baht holdings

what restrictions apply in regards to the 800k besides the 90 days in thailand?

thanks in advance

Posted

No it has to be in cash, instantly accessable.

The whole point is that you are showing you have enough money to support yourself for the next 12 months if necessary, would be a bit pointless if that was then tied up for 2 years. :)

Posted

I found that if your on yearly extensions then you will get the same as a Thai for Fixed account Rate.. eg: Bangkok Bank is 1.25% at the moment.

My rate was fixed in 2003 @ just over 3% and renewed at the same rate till July 2013, noticed that Bank are offering .60% only now for new customers.

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