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4
Transfering foreign currency between Thai banks
A bit more detail on this. I transferred Euros-to-Euros from one Thai bank to another Thai bank (as did my wife). Transfers we tried were: a. Bangkok Bank to SCB bank FCD - % fee was 0.60% b. Krungsri Bank to SCB bank FCD - % fee was 0.56% c. UOB Bank to SCB bank FCD - % fee was only 0.16% << however i am skeptical - as I think my wife may have omitted a fee? So its not cheap to do a swift to swift Euro transfer from one Thai bank to another. However if one is moving their Euros out of a Thai bank with 0% interest on the euro, to a Thai bank fixed account with 3.25% interest on the euro, despite a 0.6% fee, it clearly worth while to do the transfer (assuming the 3.25% is not some 3 month promotion). A qualification - I am not advocating keeping euro in Thailand banks. Everyone needs to make up their own mind up here. I moved some to Thailand when a non-tax-resident to Thailand some years back (so to avoid any potential tax implications of taxation when a Thai tax resident, and also possibly to purchase a condo unit (which did not happen)). Currently I live off these Euros (and some other funds in Thailand), watching what happens in the actual implementation of the Thai tax interpretations for remitting income to Thailand. Once what we see in practice what transpires for any Thai taxation of remitted funds (ie after all the dust settings from por.161/por.162 and any new regulations) I may or may not bring more into Thailand. Clearly the source of the funds, relevant DTAs, and one's Visa (such as an LTR-WP) play a factor here as well. -
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Thai Import Duties On Wine
Big C have a few Australian wines like 60 spokes and 5 friends for 209 baht, not bad at all. I dont know how they can sell at that price, cheaper than the UK -
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Trumps bald patch exposed
He has grown in one direction though......last I read he'd shot up to 6' 4"......praise the Lord. -
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Chronic disease in old age
200 years ago people ate all organic and only lived until 35 -
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Expat Discontent in Thailand
Fortunately, plenty of people can still write clear, logical, and well-structured text without relying on AI tools. Unlike the above attempt.- 1
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129
Middle East Israeli forces kill 63 Palestinians in Gaza within hours of ‘humanitarian pause’
The civilized way. They havent killed them all. Have you ever asked yourself, during your fevered dreams of guys in coal scuttle helmets screaming Raus raus at women and children, that if this is really a genocide, why are there any left?
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