Flashermac Posted January 20, 2009 Report Share Posted January 20, 2009 Does anyone have a foreign currency account [color:red]here[/color] in Thailand? If so, where and what does it take to get one? Link to comment Share on other sites More sharing options...
Mentors Posted January 20, 2009 Report Share Posted January 20, 2009 For an EURO Account Bank of Ayudhya wants to see just travel dsocuments, Kasikorn wants to see a work permit. Different from bank to bank, as usual. The first current deposit should be not less as 5'000 EUR/USD/CHF. Link to comment Share on other sites More sharing options...
CTO Posted January 20, 2009 Report Share Posted January 20, 2009 And also sent from overseas (as per our local bank YMMV) Link to comment Share on other sites More sharing options...
Flashermac Posted January 20, 2009 Author Report Share Posted January 20, 2009 That's the problem. The money is already here. Link to comment Share on other sites More sharing options...
CTO Posted January 20, 2009 Report Share Posted January 20, 2009 Then that is a problem - however to "Open" the account the FIRST amount had to come overseas (I think $1000, will ask tomorrow) then I could deposit and withdraw here from then on Link to comment Share on other sites More sharing options...
Faustian Posted January 20, 2009 Report Share Posted January 20, 2009 What are the benefits of such an account? Link to comment Share on other sites More sharing options...
cavanami Posted January 21, 2009 Report Share Posted January 21, 2009 None, at least from what I was told and the printed info I was provided at BKK Bank, two years ago (or so). The account cannot be handled online, meaning if I have a US dollar account an want to transfer $$$ to Thai Baht, I have to go a BKK Bank, withdraw the $$$, exchange to Thai Baht at the bank (or elsewhere). I wanted to play the "currency game" but need to do so online to have a chance to make $$$, as I can not always travel to the bank, especially if I am out of LOS. Link to comment Share on other sites More sharing options...
CTO Posted January 21, 2009 Report Share Posted January 21, 2009 Usefull if your buying and selling things in another currency so receiving funds in say US$, then paying for them - you avoid the currency exchange for each transaction Link to comment Share on other sites More sharing options...
bust Posted January 21, 2009 Report Share Posted January 21, 2009 I have one with HSBC Link to comment Share on other sites More sharing options...
Mentors Posted January 21, 2009 Report Share Posted January 21, 2009 I have one with HSBC :thumbup: Link to comment Share on other sites More sharing options...
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