I do it the legit way and it hasn't affected me one little bit. But there again, I don't have 800k going in and out of my account once a year. It only affects those who abuse the banking system. If tellers want to take the chance, it's their prerogative and their loss when they are sacked for violating bank policy
I can't beat around the bush. Bangkok Bank is sick of maintaining accounts that for 364 days of the year are almost empty. On one day of the year 800k is suddenly deposited, an agent shows up at the bank requesting a letter certifying the balance as 800k. Once the letter is issued, the 800k mysteriously disappears again. It's no wonder they've got the raging sh1ts!
Keep in mind those three people could soon have their accounts frozen and suspended. Having an account on a tourist visa doesn't guarantee it will stay that way
Not quite correct. Thailand isn't a "tax haven" so any money you bring into the country is subject to taxation if you're here for more than 180 days in the calendar year. I say "subject" to tax, because it's possible for several reasons that tax won't be payable in Thailand, but money brought in might still have to be declared