Term Deposit

[Aussie69]

Can an expat on O-visa have a term deposit account (earning interest), or is this considered income?

[KhunBENQ]

Term deposit in Thailand? Yes.

I had and have multiple of those and used the accounts for extension at immigration.

Even got tax returned last year. Easy process at Thai revenue service.

[CharlieH]

Banking forum

MOVED

[Aussie69]

Thank you

[KhunBENQ]

And of course it's not just me using a fixed term deposit for purposes at Thai immigration (and some just for interest).

Many other reports in the forum.

Currently rates are not overwhelming though

[meatboy]

And of course it's not just me using a fixed term deposit for purposes at Thai immigration (and some just for interest).

Many other reports in the forum.

Currently rates are not overwhelming though

i too use fixed term accs.for the last 6yrs.of extensions.i try and fix it for a term that takes me past the extension date each time.if your not going to use it,you will find it quite easy.

[Gsxrnz]

And of course it's not just me using a fixed term deposit for purposes at Thai immigration (and some just for interest).

Many other reports in the forum.

Currently rates are not overwhelming though

"....rates are not overwhelming though."

If there was a TV award for understatement of the year, this would be up there in the final three.

[Aussie69]

Thanks for the replies. I can see rates on their sites, I just wasn't sure if I could have term due to earning interest.