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Andy ***********
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Andy ***********
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Andy ************
@Wylie ******
Because people do it off a tourist visa or free entry stamp. Those who enter with a non-O have no problem. A drinking buddy of mine did it just two weeks ago. No issues at all
Andy ************
@Paul *******
I'm not quite sure what super has to do with anti-money laundering regulations, but I'd hazard a guess and say your Thai bank wouldn't give a stuff about your super tax!
Andy ************
@Paul **********
It could most certainly construed that way. A mystery bank account receiving 800,000 from an unlicensed agent, and the same 800,000 suddenly disappearing from the account a week or so later
Andy ************
@Paul *******
Under CRS banks have ability to exchange information, so my bank can request information from the Australian Tax Office to ensure I'm paying tax somewhere.
Andy ************
@Wylie ******
It's only the agency accounts which are affected. Legitimate applications for bank accounts won't be affected
Andy ************
@Sue *********
It'll only be a problem for those who previously used agents to forego the 800k in the Thai bank account. For others, no problem
Andy ************
@Charles *******
What's changed is the freezing of mule accounts, so agents can no longer provide the 800k required for extensions of stay. This has only occured in the last few weeks. I think bank staff have been told to stop taking bribes
Andy ************
@Paul **********
What they're doing is seeking tax residency status. Bangkok Bank requested my Australian tax file number about a month ago and also took a photo of me!
Andy ************
Non-O visas can be obtained from an immigration office 😂😂😂