@Heikki *********

I’ll type really slow so you might have a chance to understand

But we have explained interest to you many times and you refuse to accept the facts presented

That is the very definition of the word ‘stupid’

Thank you for your demonstration of stupidity

You have 800k baht earning like 0.3% interest

That means you make only 2400 baht, or $74

We have our 800k in a US bank giving 4%

That’s 32,000 baht made every year

Compared to 2400

Can you grasp the numbers now? Or are you still defining the word stupid?

Or are you even keeping 800k in a static Thai bank account?

@Jeremy *******

you seem very confused

Going to an agent and paying a bit under $500 a year is not the skins life

If YOU had any real money you would understand what is being said here

But it appears YOU are the one struggling to do it all yourself to save a couple bucks

That’s the skint life right there

So look in the mirror pal

@Todd ********

I want to personally thank you for opening my eyes and showing me exactly what I have been looking for

Less than $500 a year to not only avoid the lines and BS you always have to deal with, you Make Money this way

So really, thank you as I know what to do now

With the dollar being so weak and the baht so strong, I don’t want to transfer any funds at all right now

@Greg **********

you are correct

Not limited to Russians at all

But it appears the majority of the accounts closed were Russian

@Heikki *********

you just don’t get it

People don’t want to put money into a Thai bank

If paying an agent $500 a year to avoid that doesn’t make sense to you it’s because you don’t get economics

For $30k USD (to make it simple) you can get at least 4% a year, or $1200 from US banks

For Thailand you would get less than 1%

So why would you advise people to have a Thai bank account?

Your step 4 is what an agent can help you avoid

Sorry you do t seem to get basic economics

@Heikki *********

not sure where you are getting the DJT connection?

Just check out his page, it’s not trumpy

You seem to be very angry

Calm down

@Stuart ********

the government is closing any account made with a tourist visa

Mostly Russian the article says

@Nick ***********

oh look, it’s everyone’s least favorite dickhead

I did not and have never used an agent to come to to Thailand over the last 30 years

So swing and a miss Mr Moron

Sorry you flunked out of high school

@Heikki *********

and you don’t get paid much interest at all on that $800k

@Nick ***********

I am not sure you understand

Thai banks pay little to no interest

If we round up to 30k US, 4% gives you $1200 a year that you make on that

In a Thai account, you get much less than 1%

If you do a million baht you can get 1.5 to 2%

As to a license, I am on a tourist visit and I got both my Thai car and moto license

So while it seems you do t mind losing money, others prefer to make money off their money