Send Money To Thai Bank Versus Leaving It Home.

[iansc]

AM MARRIED TO THAI, I AM AN AUSTRALIAN ....I AM 44 YEARS OLD AND WILL OPT FOR RETIREMENT VISA WHEN TURN 50...I AM CURRENTLY CHANELING FUNDS ON A MONTHLY OR BI MONTHLY BASES TO A THAI BANK ACCOUNT AND HOPE TO HAVE IT UP T AROUND 2,000,000 BAHT OR MORE BY THEN, I THOUGHT I WOULD START NOW BECAUSE I AM CONCERNED WHERE THE THAI BAHT MAY GO..WE ARE CURRENTLY GETTING NEALLY DOUBLE THE EXCHANGE RATE THAT WHAT WE GOT IN THE 1980'S. NOW WHEN IT COMES TO PRESENTING THE BANK ACCOUNT TO THAI IMMIGRATION WILL THERE BE QUESTIONS REGARDING WHEN IT WAS SENT OR IS A BALANCE GOOD ENOUGH, I KNOW 400,000 PLUS ON A YEARLY BASES IS ENOUGH ...OR AM I BETTER TO KEEP MONEY HERE IN AUSTRALIA, LETTING IT BUILD UP THEN SEND IT AT THE TIME ITS REQUIRED.

[lopburi3]

The money has to come from overseas so if you put in long before you will be using it for immigration purpose the trail may have been lost. Better to put it in within the year required. Also it is normally much cheaper to make large transfers rather than monthly or bi-monthly types. As the interest rates are very low on passbook savings accounts you may not want to keep more than you need here in Thailand.

FYI: If you can type in lower case it will be much easier for others to read your posts. I date back to the M-28 Teletype days so reading is not a problem but for the computer age group it is an eyestrain.