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bank policies
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I was told by my visa agent today that if I deposit 500,000 into my Bangkok Bank Account, they will hold that money for 90 to 120 days. Regardless of where it came from or where it is going.
If that is true, What the Fck is going on here?
I have seen reports that differ... Can anyone comment with actual first hand knowledge of the situation? Please don't waste my time with comments that are unrelated to the question asked.
I see now that immigration requires a letter from your Thai bank stating that your balance has come from overseas. Is this a long process or can they do it for you immediately.
I hope this post is okay here, even though it’s not directly about the DTV Visa. I’m seeking advice on investing in mutual funds or ETFs in Thailand as a DTV Visa holder. I have Krung Thai Bank account and I found some mutual funds there but it might need to open mutual funds account.
Are there others here in a similar situation? For context, I’m from Asian Country not from Europe or US just from Myanmar and currently living in Thailand. I’d like to know about the policies, tax implications, and options available for someone with my visa type.
I’m planning to invest a portion of my monthly income and would greatly appreciate any insights or experiences you can share or get some advice.
Went to SCB today to open a bank account. We have a lease agreement and a 90 day non O Visa. They said their policy changed and no longer open accounts unless you have a visa for longer than 6 months. She said after we get our 1 year extension (retirement) we can open an account there...hmmm