@Luit ****************

not sure where you are getting 500k in a wise account? I never said that, and I in fact recommend NOT keeping funds in wise. Nowhere in our discussion here have I mentioned anything about keeping money in wise. Like I said, most people have multiple accounts for different purposes, and investments, so 500k left in a SINGLE account is not desirable.

@Luit ****************

well another issue is having to hold the funds in one single bank account and maintain a 500k baht balance for a month. For many people here that have investments and multiple accounts that’s not the most desirable option.

Do share an update in another post

@Greg *******

so yeah about my friend he now needs to fly up to chiang mai just to do something basic with a bank lol. Wild.

@Greg *******

My friend moved from chiang mai to bangkok and he needs something from his bank, some documents or update card I don’t remember. Anyways despite it being the same bank he has to “go back to the original bank branch that it was done at.” wtf?

Again I love Thailand and living here but this is another reason I don’t want to conduct local business and am happy to keep my business and work and professional life online “in” (from) America.

So weird… it’s the same bank too. In USA I moved across the country several states away and no issues conducting business at the same bank different branch…

@Dany *******

and extensions also didn’t use to be complicated… I remember back in 2019 tourist visa extension was like 1-2 hours. I think I recorded 40 minutes once. These days on the DTV it seems to be a whole or multi day ordeal to document collect and wait so even just time wise it seems faster to fly for a quick vacation in Malaysia, Vietnam, etc

@Marta ************

sharing for you also -

I don’t recall any specific cases but there have been reports of wise not being safe for keeping funds. It’s great for transferring but not a great idea to keep money IN the wise account. I don’t know about revolut.

@Aaron ********

I don’t know any specific cases but there have been reports of wise not being safe for keeping funds. It’s great for transferring but not a great idea to keep money IN the wise account. I don’t know about revolut.

@Greg *******

do you think an “official” western bank (ie. Charles Schwab?) would qualify?

I do have a local bank account but don’t exactly want to keep 500k baht sitting in it…

Anyways I’ve already decided to do the border run but this is interesting discussion.

Unfortunate… Dang. Well, as someone else on DTV in chiang mai nearing the 6 month part, thank you for sharing this information. Very useful! Border run definitely seems to be the way. Good luck!