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Don ********
This is a summary of
Don ********
's contributions to the platform. They have posed 8 questions and added 161 comments.

QUESTIONS

COMMENTS

Don *********
@Chris **********
you’ll need either considerable capital invested in Thailand, be on a very tight list of occupations or work for a sizeable foreign entity listed on a stock exchange for I think 3 years
Don *********
@Todd ********
incorrect - as soon as the Visa has been issued you are free to enjoy as much or as little of your THB as you choose
Don *********
@Todd ********
because that’s how long the money needs to stay in your account…
Don *********
@Todd ********
so 800k at 5% for 2 months = 6.7k. Still cheaper to DIY if we’re making a financial comparison…
Don *********
@Martin **********
also I read that Binance has had a Thai license approved so hopefully they will setup on / off ramps with Thai banks this year
Don *********
@Martin **********
wasn’t a problem for me - I do have a tabian ban and Thai ID, maybe that’s why
Don *********
Transfer USD to Binance. Buy USDT and send to Bitkup. Buy THB and transfer to Bangkok Bank.

Can all be done in a few minutes and I pretty much always beat the Wise quote
Don *********
So… if you did return to Oz and do your 2 years in purgatory and then escaped to paradise, how much could you expect to receive and are there any gotchas ?
Don *********
Krungsri in Phuket are delightful: queues in their branches are maybe
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of most of the others (next time you are at Central Festival have a look for yourself), the staff are super helpful, the app works well, and yes they offer foreign currency accounts
Don *********
@Kool ******
thanks very much, greatly appreciated.

Is there any fee to send USD outside Thailand ?

And can the USD to THB conversion be done within the app, or does it have to be done at a branch ?