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financial security
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An update for those following the Bangkok Bank debacle.
Yesterday after 31 days of my account being frozen, I made my fourth trip back to the bank and they said they were unlocking the account and I then withdrew the funds and closed the account.
I asked the bank manager and the assistant manager why they had frozen my account. They responded, "we don't know". I asked them if they were personally okay with having their own banking account frozen for 30 days with no notice or explanation. They shrugged and avoided the question and moved on to the next customer.
My experience with Bangkok Bank has been nothing but miserable and alarming. Locking up a customers account and telling them they have 30 days advance notice but in fact had zero notice before locking the account then later providing no explanation why the account is locked breeds uncertainty, insecurity, massive inconvenience for daily living and distrust of the Thai banking system. This is a slap in the face to customers who depend on having access to the funds they entrust to the bank for safe keeping. Don't say you weren't warned about this unethical bank. I'll never go back again.
Bank account opened on medical grounds, while on medical DTV. Poke the bear or not.
Ive had a Bangkok Bank account for about a year now. Getting a bit anxious with all the issues now.
While I am on DTV, my account was opened based on “paying medical treatment with treatment above 3 months” It was internal clause a thai friend found for me. And account opened at first branch i tried. 1 year ago. I am under ongoing long term treatment.
I am tempted to go to my Branch with my new condo lease, AIS verification, treatment plan from hospital, Thai Driver License, Passport with visa and stamps.
BUT am I better NOT poking the bear while things are working? So far no issues, recently bought a new car for 1m, about to make another large expense.
Thing is I will leave Thailand for about 6 weeks soon, and I have around 1m in emergency funds on this account. I keep slowly taking out cash just in case. And I do have other backups payment methods and funds.
Poke the bear or leave it sleeping?
Edit: Thanks all. Definitely letting the beat sleep