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Dan *********
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Dan *********
@Kerry ********
That's overly simplistic. Saving accounts pay negligible or even negative interest all over the world. Thailand is not worse than most others. Fixed term interests are relatively low but that's explained (and offset) with the low inflation and stronger THB.
Dan *********
@Nongnuch *******
Actually BKK Bank did that on a large scale, eg. selling accounts for a 5K insurance fee to tourists (or for more when agents were also involved), thus apparently flouting the Thai rules. Now they are trying to clear up the mess, only that their crude approach is causing 'inconvenience' to their legit customers as well.
Dan *********
@David ******
For the OA visa, I believe compulsory Thai insurance is required, which can be costly. On the other hand, insurance for the O visa is optional. Lately, obtaining the O visa has been problematic due to other moronic rules, namely the challenges in opening a Thai bank account, necessary for transferring the 800k.