Keep it simple and leave your money in your UK bank. Register with someone like Wise, who I've been using for years to transfer money to a Thai account. Then if you've got a retirement visa, or visa extension you can find out how to open a Thai bank account, add the account to your payees in your UK internet banking, then just transfer money from your UK account to your Thai account, as and when you need it. With Wise, two partner banks they have in Thailand are SCB & Kasikorn. With SCB if you transfer from the UK, SCB make a charge of 400 THB per transfer. I believe Kasikorn do not. Hope this helps, or at least gives you some guidance.
Cary Dean Roger that, I wanted to transfer only 5250 GBP in 2013 from my Thai SCB account to my UK HSBC account. I was in a bank in a smallish town and although a bank official eventually figured out how to do the transaction, it was a long drawn out affair. Keep it simple and leave your money in your UK bank. Register with someone like Wise, who I've been using for years to transfer money to a Thai account. Then if you've got a retirement visa, or visa extension you can find out how to open a Thai bank account, add the account to your payees in your UK internet banking, then just transfer money from your UK account to your Thai account, as and when you need it. With Wise, two partner banks they have in Thailand are SCB & Kasikorn. With SCB if you transfer from the UK, SCB make a charge of 409 THB per transfer. I believe Kasikorn do not. Hope this helps, or at least gives you some guidance.
Well you'll get worse than that in Thailand. Also if you've got that much accessible money why don't you have a lot of it in twelve months ISA's or other deals that give you better than 1.6% return. Not trying to teach you how to suck eggs so to speak, but there are plenty in Thailand as well as the rest of the world that would love to relieve you of the stress of having Β£200,000 π
I agree about the Thai culture thing, but I presume some people that enrol on this, they do it for one of two reasons. 1. To keep fit. 2. Two for access to getting the DTV visa. The keep fit and/or competing why would you go to all the expense of travelling and getting setup in Thailand, when there are Muay Thai or the other name it's known by in Western countries, kick boxing. So number one reason for applying on the basis of doing MT., seems at least to me, to being used for getting the visa. Just my opinion. Also the climate for extreme exercise as opposed to a country with a much cooler climate seems a bit drastic.
ok, I think they probably scrutinise more on remote working, although I believe some Embassies are getting a bit particular now about the Soft Power route.
The money has to be in an account in your name, so at least you can't lose that 400,000 THB. Once your married, it's the same as getting married in any country, bloody expensive ππππππ. Then later along comes the divorce and it gets much more expensive π‘π‘π‘