Tom ******
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Tom ******
's contributions to the platform. They have posed 15 questions and added 317 comments.

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COMMENTS

Tom *******
@Robert ***********
Sorry but I’m afraid you’ll have to do the research yourself. I would start by getting an account set up with OKX crypto exchange
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and thru P2P swaps, you can have money sent into Thai baht directly via a stablecoin like USDT e.g. the stablecoin called Tether. It’s really very easy but you’ll need a Thai bank account or know someone you trust to receive the money on your behalf. Good luck.
Tom *******
@John **********
There is little to no volatility in stablecoins, hence their name. That’s because they are pegged to national currencies like the US dollar, the British pound and the Euro etc.
Tom *******
The fastest and easiest way is to transfer it into a cryptocurrency and, once you get into Thailand, cash it out into Thai baht.
Tom *******
It’s a lottery. For some it’s a breeze; for others, a nightmare.
Tom *******
@Stéfan *******
totally agree. My Thai wife and I loved it there. The Chocolate Museum was fab as was the fort with the Genral Cornwallis story. The place is full of history. Our hotel had its own beach and the food was really special—-full of all Asian fusion—a mix of Malay, Chinese and other places. After 25 years of being in and out of Thailand, via the Middle East, we had a really nice time in Penang. Definitely worth a visit.
Tom *******
@Michael ******
yes, you don’t report from outside the country from e.g. outside Thailand.
Tom *******
You said, “I already have 800K in the bank for two months,” but by that I assume you mean in a foreign bank account? it needs to be in a Thai account, in any Thai bank.
Tom *******
@Maya ******
me too. I also have UK bank account-—Barclays-—and I have not lived in the UK for a long time, either. I get my mail sent to a friend’s place in Somerset and I can check my balance on the Barclays app, so I can still use it. Very easy.
Tom *******
There used to be a place in Sukumvit, Bangkok a few years ago that bought all of these coins and turned them into cash.