THAIPHUKET Posted August 19, 2011 Share Posted August 19, 2011 (edited) This all I know= Edited August 19, 2011 by Lite Beer Link Removed as per forum rules. Link to comment Share on other sites More sharing options...
12DrinkMore Posted August 19, 2011 Share Posted August 19, 2011 Krungsri will give you 3.5% for five month deposit and 3.7% for an eleven month deposit. Interest credited monthly. Link to comment Share on other sites More sharing options...
THAIPHUKET Posted August 19, 2011 Author Share Posted August 19, 2011 and what about a risk premium for Krungsri? Link to comment Share on other sites More sharing options...
12DrinkMore Posted August 19, 2011 Share Posted August 19, 2011 (edited) and what about a risk premium for Krungsri? Zero Government guarantee for depositors. And don't forget to claim your 15% withholding tax back. TMB will give 2.5% on their "no fixed", but limited number of free monthly withdrawals, no withholding tax up to 10,000 Baht interest, but no ATM facility. Edited August 19, 2011 by 12DrinkMore Link to comment Share on other sites More sharing options...
THAIPHUKET Posted August 19, 2011 Author Share Posted August 19, 2011 (edited) and what about a risk premium for Krungsri? Zero Government guarantee for depositors. And don't forget to claim your 15% withholding tax back. TMB will give 2.5% on their "no fixed", but limited number of free monthly withdrawals, no withholding tax up to 10,000 Baht interest, but no ATM facility. You are correct, it's B50m guaranteed until sometime mid next year, after that B1m per bak and depositor, ? TMB =This opens interesting combination options. Edited August 19, 2011 by THAIPHUKET Link to comment Share on other sites More sharing options...
Darrel Posted August 19, 2011 Share Posted August 19, 2011 TMB will give 2.5% on their "no fixed", but limited number of free monthly withdrawals, no withholding tax up to 10,000 Baht interest, but no ATM facility. I wonder why the cashier in TMB offered me an ATM card when I opened my "no fixed" account the other day? She was very keen about it being the only card that allows for free withdrawals from any bank's ATM machines. Link to comment Share on other sites More sharing options...
12DrinkMore Posted August 20, 2011 Share Posted August 20, 2011 TMB will give 2.5% on their "no fixed", but limited number of free monthly withdrawals, no withholding tax up to 10,000 Baht interest, but no ATM facility. I wonder why the cashier in TMB offered me an ATM card when I opened my "no fixed" account the other day? She was very keen about it being the only card that allows for free withdrawals from any bank's ATM machines. Did you take the card and does it work? The website http://www.tmbbank.com/personal/deposits/nofixed/tmb-no-fixed-account-en.php says no Transactions through TMB ATM and TMB Phone Banking is not allowed for TMB No Fixed Account and my local bank told me no ATM card available for this account.. Link to comment Share on other sites More sharing options...
janverbeem Posted August 20, 2011 Share Posted August 20, 2011 And don't forget to claim your 15% withholding tax back. Please enlighten me a little more as this is the first time I heard about and it sounds interesting. In which cases should it be possible to reclaim the witholding tax on interests and what is the procedure? Link to comment Share on other sites More sharing options...
Darrel Posted August 20, 2011 Share Posted August 20, 2011 Did you take the card and does it work? The website says no and my local bank told me no ATM card available for this account.. I didn't take the card and that is what I understood from the website also. I may go in there next week and ask her about it. Link to comment Share on other sites More sharing options...
chiangmaibruce Posted August 20, 2011 Share Posted August 20, 2011 just type 'withholding tax' into the forum search above ... here is one recent thread on the topic http://www.thaivisa.com/forum/topic/489397-tax-withheld-on-interest/page__p__4613553 And don't forget to claim your 15% withholding tax back. Please enlighten me a little more as this is the first time I heard about and it sounds interesting. In which cases should it be possible to reclaim the witholding tax on interests and what is the procedure? Link to comment Share on other sites More sharing options...
Card Posted August 21, 2011 Share Posted August 21, 2011 TMB will give 2.5% on their "no fixed", but limited number of free monthly withdrawals, no withholding tax up to 10,000 Baht interest, but no ATM facility. I wonder why the cashier in TMB offered me an ATM card when I opened my "no fixed" account the other day? She was very keen about it being the only card that allows for free withdrawals from any bank's ATM machines. Not true - Citibank card allows free withdrawals in Thailand and overseas from PLUS and a couple of other ATMs Link to comment Share on other sites More sharing options...
Darrel Posted August 21, 2011 Share Posted August 21, 2011 Not true - Citibank card allows free withdrawals in Thailand and overseas from PLUS and a couple of other ATMs Best tell TMB about that. Link to comment Share on other sites More sharing options...
THAIPHUKET Posted August 21, 2011 Author Share Posted August 21, 2011 Back to the subject matter= B of Thailand claims it's offer is better than that from banks. Unusual. Link to comment Share on other sites More sharing options...
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