This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
high interest savings account
Showing 1 questions
This page displays all the results for the High Interest Savings Account tag, sorted by the most recent activity. There are a total of 1 questions that have been tagged with High Interest Savings Account. Explore the questions to find discussions and information relevant to this topic.
*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.
The ask:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.