tpiety2 Posted January 4, 2011 Share Posted January 4, 2011 I have a lot of cash US$ and I don't want to leave it in my home, car, or on my person. I want to wait until the dollar is over 30 again (29.90 at Super Rich today) before converting. Bangkok bank wants 1%, SCB wants 2% for every deposit/withdrawal in a foreign currency acct.. SCB acted like they had never heard of safe deposit boxes let alone renting them and the BKK bank branches in Pattaya and Bang Lamung have them but none are available. Any suggestions? Link to comment Share on other sites More sharing options...
PoorSucker Posted January 4, 2011 Share Posted January 4, 2011 The USD is more likely to drop to 25 baht than ever going over 30 again. Link to comment Share on other sites More sharing options...
Boater Posted January 4, 2011 Share Posted January 4, 2011 The USD is more likely to drop to 25 baht than ever going over 30 again. would agree there, i would change now, or you might be sitting on it for a very long time !, but you are better to keep in a secure safe in your home, and DONT TELL ANYONE that you have that amount stored there... Link to comment Share on other sites More sharing options...
jimbeam1 Posted January 4, 2011 Share Posted January 4, 2011 I'm in the same position as you. I went to Bangkok Bank last week to open a foriegn currency account, they were asking 2% on all transactions. Depending on how much you are talking about. A safe might be a good Investment. jb1 Link to comment Share on other sites More sharing options...
Thongkorn Posted January 4, 2011 Share Posted January 4, 2011 On A lighter side , don't do what a person i know did , he thought he was being clever , he put his stash of baht notes in a hole in the ground , After a few months he returned to get some money only to find half of it had been eaten by Insects. so just be aware, about insects , mildew, and worse still robbers. Link to comment Share on other sites More sharing options...
MSingh Posted January 4, 2011 Share Posted January 4, 2011 On A lighter side , don't do what a person i know did , he thought he was being clever , he put his stash of baht notes in a hole in the ground , After a few months he returned to get some money only to find half of it had been eaten by Insects. so just be aware, about insects , mildew, and worse still robbers. Bwahahahahahaah top class, prized Idiot is your Friend !! But whilst there are people like him on this Planet, the rest of us have a real chance of cracking it.. Link to comment Share on other sites More sharing options...
tpiety2 Posted January 6, 2011 Author Share Posted January 6, 2011 The USD is more likely to drop to 25 baht than ever going over 30 again. would agree there, i would change now, or you might be sitting on it for a very long time !, but you are better to keep in a secure safe in your home, and DONT TELL ANYONE that you have that amount stored there... I got 30.13 baht to $1 today at Super RICH. The dollar has been over 30 for most of the past 2 or 3 weeks. Link to comment Share on other sites More sharing options...
Ricardo Posted January 7, 2011 Share Posted January 7, 2011 (edited) We have a safety-deposit-box with SCB Mae-Jo, just outside Chiang Mai, costs us about B2k per year. Perhaps your local SCB-staff need to be made aware of this very-profitable service their employer offers ? I'd be happy to sub-let part of mine ! Edited January 7, 2011 by Ricardo Link to comment Share on other sites More sharing options...
angiud Posted January 7, 2011 Share Posted January 7, 2011 Here in Koh Phangan I have a safety box in a small vault at Siam City Bank. I pay around 600 Baht/year. Link to comment Share on other sites More sharing options...
bunnaag Posted January 7, 2011 Share Posted January 7, 2011 branch of krung thai bank in Had Yai 500 Bath /year.Do you have a branch nearby? Link to comment Share on other sites More sharing options...
mario299 Posted January 7, 2011 Share Posted January 7, 2011 We have a safety-deposit-box with SCB Mae-Jo, just outside Chiang Mai, costs us about B2k per year. Perhaps your local SCB-staff need to be made aware of this very-profitable service their employer offers ? I'd be happy to sub-let part of mine ! I don't know about Thai safety deposit boxes, but I do know that safety deposit boxes are not insured in banks in the U.S. You might want to check on that as well, although the incidence of loss from a deposit box might be quite small. Just a thought. mario299 Link to comment Share on other sites More sharing options...
steve187 Posted January 7, 2011 Share Posted January 7, 2011 Kasikorn bank sattahip, small 1000baht per year, large 2000baht per year, have to open account with that branch. Link to comment Share on other sites More sharing options...
CheGuava Posted January 7, 2011 Share Posted January 7, 2011 The USD is more likely to drop to 25 baht than ever going over 30 again. would agree there, i would change now, or you might be sitting on it for a very long time !, but you are better to keep in a secure safe in your home, and DONT TELL ANYONE that you have that amount stored there... Too late. Link to comment Share on other sites More sharing options...
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