Guest Posted February 24, 2002 Report Posted February 24, 2002 I have a passbook savings account at Thai Farmers Bank. I needed only passport and 500 Thb opening amount to open the account. I chose ATM-card that I can use only in Thailand, otherwise there is never money. Very simply.
Guest Posted February 25, 2002 Report Posted February 25, 2002 I have an account at BKK Bank that was opened many years ago when I live there. I left a little $ in the account. The thing is that it has been inactive for several years. I wonder if it is still open or if they closed it. Anyone have any ideas on this?
Guest Posted February 25, 2002 Report Posted February 25, 2002 All-- I've used TFB for some time now. I opened the account at the HQ branch (Ratburana) as that office has a "international department". The account can be opened at any TFB branch. They also offered to open a cheking account for me, but as many of you know, checks (personal ones) are virtually unheard of for person-to-person transactions. My TFB global card works in US, Africa, Europe, South America and Australia/NZ. So far tested it in these places... Also, TFB maintains a limited number of overseas branches. I deposit a US Dollar check into my account twice a month with no hassles thru their Los Angeles office. I read in TFB's rules and regulations, if you fail to maintain the "minimum" balance or the account becomes dormant (6 months w/o activity) then the bank reserves the right to charge you a fee to maintain it and/or close it. Any funds left over are kept by the bank on their general ledger account. I am not sure about your right of recovery in these cases. It appears to be on a bank-by-bank basis. --UPSer
phiketpete Posted February 25, 2002 Report Posted February 25, 2002 I ahve a passbook savings account with Bangkok Bank and an Asia Convenience account with Bank of Asia (belongs to ABN-AMRO) Both opened with simply a passport and deposit and opened in a few minutes including ATM card with each. Asia Convenience account provides checking account, savings account and fixed account in one fell swoop. Money sits in savings account and is moved to checking as and when necessary. Check books provided. With interest rates as they are it makes little difference right now, but who knows later. Service at BOA (Amarin Plaza branch) has been fine throughout. I have had little interaction with Bangkok Bank (Silom road HQ) thus no comment one way or tother [ February 25, 2002: Message edited by: phiketpete ]
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