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high interest savings account
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*update* My bank has opened the account for me and I can freely transfer the funds in and out online. I will transfer the funds once Ive entered Thailand in a few days. Thank you for everyone's input.
Hello fellow DTV holders,
I am a Canadian currently in Canada visiting back home. My bank has informed me that I can place my funds in a high interest savings account where I can get a 4 or 5% interest rate. This account will be accessible online and I can transfer funds immediately to my regular checking and saving accounts in the event I need the funds right away. However I do not have access to this account with my debit card.
Question, if I transfer my funds to the high interest savings account will Thai immigration accept this like my regular account in the event I am asked to show proof of funds?
For obvious reasons getting a 4-5% rate on my 500,000 baht equivalent would be preferable but what I want is not what Thai immigration wants and fairly so.