http://www.cuencahig...e-not-true.aspx

Is the 30% Federal withholding tax associated with the HIRE Act going to affect you if you have funds in an account overseas?

Short answer: No.

Honestly, after reading this article, I'm still kind of confused, but maybe it will be more clear to others.

I am also concerned about the possibility that some Thai banks may refuse to do business with Americans.

I guess we'll see what happens.

I have 5 savings accounts at SCB and the bank manager told me the other day that there may be a problem since I was American. He said he would let me know as soon as he had more details.

I have 5 savings accounts at SCB and the bank manager told me the other day that there may be a problem since I was American. He said he would let me know as soon as he had more details.

That is certainly disturbing. I use my SCB account for visa qualifying purposes. Please folks as any hard NEWS comes on what banks here are actually doing. Cheers.