OMGImInPattaya Posted May 22, 2013 Share Posted May 22, 2013 Just a comment on the Thais casual attitude to dealing with large amounts of cash. Many times I've been at a bank tellers doing some business ands someone pulls up to the next teller and pulls out 100, 200, or 300k for deposit. A friend sold his car to a tent for 800k and the dealer came by his house and dumps out the cash on his dining room table. I recently had to transfer one-million baht from one bank to another and the teller said the max they could do through the teller was 100k but she non-chalantly suggested she just give me the 1M baht in cash and I could just walk it over to the other bank branch (just down the mall) and make the deposit. I don't know about you but even just walking to tho her side of the mall with that much money would make e nervous. (I ended up doing the transfer online.) I guess so much cash transactions to avoid the tax-man Link to comment Share on other sites More sharing options...
norrona Posted May 22, 2013 Share Posted May 22, 2013 always been this way, I used to regularly have to handle cash in the job that I was in over there, taking 3 mil baht from one bank to another as the clients didn't trust each other-the banks 'cashier cheque' and the banks don't trust each other to recognise a swift transfer in one day.....standing down the land office with 5 mil baht in a sports bag and the owners of the land counting every single 1000 baht note to make sure it's there....keeps you on your toes! also plenty of people got their tor-tor sam paper work this way on their dodgy cash they brought to Thailand in order to get their condo transferred into their own name.... those were the days.... Link to comment Share on other sites More sharing options...
bangkokstick Posted May 22, 2013 Share Posted May 22, 2013 I went to Switzerland to deposit 1 million euro that i carried by train from a neighboring country in a sport bad, what is the problem ? Link to comment Share on other sites More sharing options...
Naam Posted May 22, 2013 Share Posted May 22, 2013 I went to Switzerland to deposit 1 million euro that i carried by train from a neighboring country in a sport bad, what is the problem ? that was quite some years ago! Link to comment Share on other sites More sharing options...
Gerald14 Posted May 23, 2013 Share Posted May 23, 2013 The banks do not encourage this practice, when I bought my house I wanted to draw 3mil in cash to give to the seller, but the bank definitely insisted to give me a cashiers cheque Link to comment Share on other sites More sharing options...
hotandhumid Posted May 23, 2013 Share Posted May 23, 2013 You are possibly the most sensible man in Thailand. You sound like one wild dude. And why would a 'tent' buy a car. Did it fold itself up and put itself in the boot? 1 Link to comment Share on other sites More sharing options...
OMGImInPattaya Posted May 23, 2013 Author Share Posted May 23, 2013 You are possibly the most sensible man in Thailand. You sound like one wild dude. And why would a 'tent' buy a car. Did it fold itself up and put itself in the boot? Wow that's some wit...as sharp as a bowling ball you are. Link to comment Share on other sites More sharing options...
hotandhumid Posted May 23, 2013 Share Posted May 23, 2013 You are possibly the most sensible man in Thailand. You sound like one wild dude. And why would a 'tent' buy a car. Did it fold itself up and put itself in the boot? Wow that's some wit...as sharp as a bowling ball you are. Well ok then, what is a 'tent' Mr Sensible? Link to comment Share on other sites More sharing options...
ktm jeff Posted May 23, 2013 Share Posted May 23, 2013 TENT = Roadside buyer of cars / bikes at 75% of their value. Link to comment Share on other sites More sharing options...
brummiebob Posted May 24, 2013 Share Posted May 24, 2013 The second hand car lots used to be under a tent, even though they have moved to semi-permanent roof, the term 'tent' is still used and reflects the nature that they could fold up and disappear at any minute Link to comment Share on other sites More sharing options...
MrWorldwide Posted May 24, 2013 Share Posted May 24, 2013 I wonder how the Cypriots view the Thai 'cash economy' right around now ? I admit that it's an eye-opener when you see someone with a huge 'brick' of 1K notes, or the tightly wrapped roll held in place with a rubber band, but obviously that's the way they prefer to operate. Their country, their choice. Link to comment Share on other sites More sharing options...
Gone Posted May 24, 2013 Share Posted May 24, 2013 Try stealing the cash from a Thai and then you will know why they are not worried. Link to comment Share on other sites More sharing options...
AnotherOneAmerican Posted May 24, 2013 Share Posted May 24, 2013 100kbht = $3,000 $3k isn't that much cash, even small time drugs dealers walk around with that. Link to comment Share on other sites More sharing options...
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