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Michael ******
This is a summary of
Michael ******
's contributions to the platform. They have posed 12 questions and added 725 comments.

QUESTIONS

COMMENTS

Michael *******
@Duncanc *********
yip exactly why I jumped on a plane, thankfully only from Phuket. Bank staff were actually very helpful, friends we were staying with explained a money laundering scandal in HK prompted all banks to freeze accts with no local address……Dubai did the same following year also HSBC…..I now leave my fate in the j
Michael *******
Read my comment carefully - if it’s a current account that remains dormant - yes it will eventually be closed, but not a deposit account , particularly if the said owner of the account visits the bank every year for a statement and letter for immigration - it’s active once a year.
Michael *******
@Duncanc *********
HK clamped down on foreign account holders without a HK address - different issue, I had to deal with this issue 6 years ago took a visit and a few cups of tea.
Michael *******
@Frank **********
nonsense you visit the bank every year to get a letter and statement for visa renewal - why would they close it, especially if it’s a deposit account - I can understand if it’s an arbitrary amount and the account remains inactive for several years….fearmongering
Michael *******
@Greg **********
not if it’s a deposit account - current accounts it is understandable
Michael *******
SCB Easi Pass - all on line doesn’t come with passbook , you can keep two accounts , one savings for Visa and one day to day - paperwork for visa renewal is issued same day for B100 we switched from BBK which was a nightmare…..
Michael *******
Use SCB Easi Pass and earn 2.5% immig are happy with this acct.
Michael *******
@Henk ********
mine was full of stamps when I came here as a tourist , I was traveling everywhere on business - only got 30 days exemption - on the one occasion I came longer to plan retirement I got the correct visa from Thai Embassy in South Africa ……..these immig guys deal with this all day, lots of people trying to milk the system . I guess you will be wiser next time ……👍