Hey all,

I'm just wondering...if you open a savings account at Bangkok Bank in BKK w.o. a work permit and all that....could you hold your deposits in the currency you gave them?  I've heard of some banks holding your account in whatever local currency was depostied.  I was wondering if any other members knew anything about this..maybe a personal experience.  I was wondering because I know that you cannot take out more than 50,000 B, but there are no rules on the amount of foriegn currency taken in/out of LOS.  Thanks,

Jason

Hi Jason,

Any foreigner can open a foreign currency deposit account you only need your passport to apply, no work permit needed.

http://www.bangkokbank.com/Bangkok....ult.htm

This will give you all the details, but the interest rates are not very good .

Not sure about the limit of 50,000 baht going out the country I thought it was a lot higher than this, nearer 500,000  but I could well be wrong .

Whoops sorry

You also need a letter from either your bank or an existing Bangkok Bank customer saying that you are a nice person

and do not rob banks for a hobby.

Bah! Bigger amount can be taken out if you ask for Travellers Cheques, they are available in USD 1,000 as well. If you are a bit creative with your documention, the bank will accept air-ticket and/or iternary to issue T/C in higher amounts than the equivalent of THB 50,000.

I know that they issue 50 x 1,000 USD if the bank belive that your planned holiday are expected to be very expensive (luxury holiday for example).

How abau' 100 USD bills? Chinatown in BKK may have what you want.