I've been denied entry to Thailand - Now What ! ?

[expatsupreme]

In the past I have seen many great interest rates, like over 3 % for like 9 months, any still available now?

But what about Bht loosing power, in this case you can lost more then 3% easily in 9 months, any idea?

[PattayaPhom]

If your money is here in Baht and you are living here, then Baht is Baht..L&H I noticed yesterday are doing 3% for a year....closes end of June. Was metinoed a few weeks ago Islam bank is 3.6% for 12 months

[belg]

islam banking, yes, 3.6%, but they have tonnes of non performing loans, and a big loss in 2012, with small profit in 2013

[ofer1218]

pls. contact me,

i m looking for a personal loan and willing to give %5

[email protected]

[Daniel Boon]

10% per annum (in Australia)

[Brevity]

pls. contact me,

i m looking for a personal loan and willing to give %5

[email protected]

I would like to make 5% guaranteed. What are you offering for collateral?

[1staudiovisual]

Hi,

I am looking for a personal loan against my property and will pay 7%.

Contact me if interested

Thanks

[Daniel Boon]

If you are after just interest, 10% per annum, dependent on amount

if you are after a continuous stream, I will hear from you (have references).

[Naam]

10% per annum (in Australia)

by diluting Bundaberg Rum with water at a ratio 1:3.695

[laislica]

Talk to Kasikorn, a mutual fund opens this month 18-24, 3.6%

SCB also have offers at about the 3.6% level.

(If it sounds too good to be true.....)

[whoisyourdaddy]

i have foreign currency account, AUD, 3 months at 3.2, 6 months 3.4 and i believe 9 months is 3.6

[Daniel Boon]

no Bundy Rum ... stainless steel linear length drains and grates ...

[Estrada]

I cashed in my time deposit paying 3.25%/annum with Bangkok Bank and put the money in the Stock Exchange of Thailand (SET) and made 3.5% in 5 days. Now is the time to buy equities. The Bank Interest rate is probably going to be cut soon. I aim to look at time deposits around August time when I want to take profit on from the SET and by that time the interest rates possibly will be higher.

[sniffdog]

I think CIMB has a 2.88% pa offer for 8 months.

Do other members think it's safe to deposit amounts into Thai banks at the moment?

Edited February 17, 2014 by sniffdog

[PattayaPhom]

Hi,

I am looking for a personal loan against my property and will pay 7%.

Contact me if interested

Thanks

3% per month can be had that way....only trouble is as a Foreigner not being able to own land you cant have a charge placed on the property. Visit any land office and these transactions are common amongst the Thai community

[Pinot]

I shop around every couple of months to see what's new. I put 50k in the pink bank (Gov) for the last few months when the $ was favorable to the baht. Still is but falling. I'm getting 3.25% for a 9 month deposit. There is a thread on here somewhere that features the best rates.

I have to have my wife put it her account. Hard to find a bank that will let a farang (especially an American because of the reporting requirements,) open a savings account.

[55Jay]

This is the thread for Bank Savings Interest Rates. Folks update as they come across new info.

http://www.thaivisa.com/forum/topic/560837-bank-savings-interest-rates/page-41

[Naam]

I shop around every couple of months to see what's new. I put 50k in the pink bank (Gov) for the last few months when the $ was favorable to the baht. Still is but falling. I'm getting 3.25% for a 9 month deposit. There is a thread on here somewhere that features the best rates.

I have to have my wife put it her account. Hard to find a bank that will let a farang (especially an American because of the reporting requirements,) open a savings account.

people who were normal socks have no problem to open an account in Thailand.

question: when they pay you that huge amount of interest (1,219 Baht and 75 Satang) how will you spend it? tick appropriate box please (multiple choice allowed).

O gold and diamonds for wife

O replace Honda Click with Bentley

O a mansion for the inlaws

O invest in Thai stockmarket

O send children to Harvard and Yale

O buy propert in London / Manhattan

Edited February 17, 2014 by Naam

[meatboy]

I shop around every couple of months to see what's new. I put 50k in the pink bank (Gov) for the last few months when the $ was favorable to the baht. Still is but falling. I'm getting 3.25% for a 9 month deposit. There is a thread on here somewhere that features the best rates.

I have to have my wife put it her account. Hard to find a bank that will let a farang (especially an American because of the reporting requirements,) open a savings account.

I have had fixed accs.with,bkk.bank,scb,thai gov.savings bank,and just opened a fixed with land and house[jan 21-15mon.]

[Brevity]

Hi,

I am looking for a personal loan against my property and will pay 7%.

Contact me if interested

Thanks

3% per month can be had that way....only trouble is as a Foreigner not being able to own land you cant have a charge placed on the property. Visit any land office and these transactions are common amongst the Thai community

I knew some people who were doing this. It was a foreigner and his Thai wife. They made some good money but got burned once. After that, they brought a high-ranking Thai cop into the picture. They gave him 10% of the profit just to have an official presence in the deal and have someone who could put heavy pressure on any deadbeats. It worked like a charm.

[SheungWan]

The experience over the last 12 months is that the loss in the exchange rate has trumped the exchange rate return.

[expatsupreme]

The experience over the last 12 months is that the loss in the exchange rate has trumped the exchange rate return.

yes exactly, so you lost money if you kept it in THB

[expatsupreme]

lending money to others is the stupidest things to do, usually they never pay back because they gamble it away,

[expatsupreme]

10% per annum (in Australia)

what do you mean, that is impossible, are you joking or what you drink aussie?

[expatsupreme]

I was checking this link

http://fixed.deposits.org/

India 10%

Camboda 7%

Do they have such a big inflation?

[Daniel Boon]

expatsupreme (and others)

if you were a Banker in Argentina, you live elsewhere now

if you were a Banker in Iceland, you are in jail

if you are a Banker in Cyprus, you should be in jail

earning 10% interest is fair and reasonable (banks make far more than that)

anything around 3% effectively means you are going backwards ... a sure bet on a horse that you think can keep pace with inflation, deflation, exchange rates, buying power and many other market place games still being played

I don't gamble (not even on the Melbourne Cup) ... 10% reflects an equitable return for both parties

[davejones23]

lending money to others is the stupidest things to do, usually they never pay back because they gamble it away,

That is not true at all. Money lending is one of the best businesses around. Why do you think banks are so rich.

[davejones23]

The experience over the last 12 months is that the loss in the exchange rate has trumped the exchange rate return.

yes exactly, so you lost money if you kept it in THB

I have money in THB and didn't lose any of it. It's all still there in my bank account. You are talking BS.

[SheungWan]

The experience over the last 12 months is that the loss in the exchange rate has trumped the exchange rate return.

yes exactly, so you lost money if you kept it in THB

I have money in THB and didn't lose any of it. It's all still there in my bank account. You are talking BS.

I did not say the total number of baht you hold has gone down. I referred to the exchange rate.

[davejones23]

The experience over the last 12 months is that the loss in the exchange rate has trumped the exchange rate return.

yes exactly, so you lost money if you kept it in THB

I have money in THB and didn't lose any of it. It's all still there in my bank account. You are talking BS.

I did not say the total number of baht you hold has gone down. I referred to the exchange rate.

But that's irrelevant for someone who lives here and has their money in baht.