- hilarious...clearly you can't read you keep claiming things I never said :
1.
I never mentioned 800k but you did
2.
Everyone knows you have to retain 400k unless married.
3.
I said 1.5 - 2 % is better than nothing but somehow in your confused state of mind you keep mentioning 1%. You obviously like creating drama when there is none you must be so bored with your life.
Maybe you should stay off the pop for a while and read what people actually say and try not to twist things and make up quotes that were never there π
- I never said I get 2.5% I said it's the base rate. I think it's 1.5 to 2% I can't remember.
Either way it's some interest better than nothing on a large amount. You are wrong about the savings accounts it's actually encouraged by Immigration but it needs to have instant access.
I have also now had my account tagged. When I wrote to them I asked for all options to be tagged but they haven't specifically addressed that in their reply so my thoughts are that once your account is tagged I don't think it matters what option you choose from the list but common sense tells me to use 'Personal Expenses' because that's most apt given that it's for day to day living expenses.
I just hope it works when I do my next transfer.
I will continue to use Wise for now but will be asking my local office about this situation because Revolut are offering better returns now. Once I have clarification from my local office I will know if any other options are possible.
I do think Wise should have sent out a generic email about these changes prior to making them π
- if I was you I would go to Immigration as soon as possible and pick up the information sheet and ask all your questions there such as what are my options if the money doesn't mature in time and / or is a few days late. Each office seems to do their own thing and they don't always follow their own rules often none of it makes sense to us. Get it directly from the horses mouth and they will also probably appreciate you going in and asking them. If you don't know you must dress formally and be extremely polite and courteous. Naturally take someone with you who speaks Thai and can help you.
It will also help you familiarise yourself with the office, their procedures and the way the office is set out and where to go = less panic on the day! You will also get a feel about what they are like some people report a nice experience whilst others don't but that may also be down to the type of person reporting but you will get a vibe. At my local office I found them very helpful.
If nothing else it will put your mind at rest and you can focus on what you need to do. I know it's worrying I had exactly your situation last December 5th which is when mine will expire so going again around the same time.
Visit your local office and get the information sheet telling you what documents they want. You always have to have a letter from the bank dated on the actual day of application and everything else on the list.
Don't worry too much I had to go one day after mine expired because it expired on a Sunday. December 3rd is a Tuesday so you could go on the Monday.
- do you do a full comparison with Wise or others at the point of transfer using the live rates because that's the only way to tell. Fees are high for Wise hence companies like Revolut top then but most of us have stayed loyal to Wise ONLY because it did show up as in international transfer thus avoiding hassle proving this with Immigration. If it's now going to be more difficult then we do need to look at competitive alternatives so what's the fees and do you make a proper comparison?
NOTE : Someone yesterday showed a Wise transfer using option to buy property and it was saying it would take about a week!
I think we all just get on with our life so it's easy to make these mistakes. It's a shame that we have to do the 90 day reporting at all really hopefully in time it will go. Not sure what the purpose of it is anyway tbh.
We do live much better lives here though so that's why we are here. In the UK I just existed that's all here I actually live. I feel sorry for those stuck there especially with the new totalitarian government and impending taxes coming...all the seriously rich are already planning their escape routes π