We have until the end of March to file a tax return in Thailand for the past year. You can count on a fine for a later declaration.

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Reader submission: Is my money safe at the Thai bank?

By Submitted Message
Posted in Reader Submission
Tags: , ,
5 September 2018

I recently wrote about the attractive sides of the teaching profession, such as borrowing money cheaply and easily. Some bloggers responded and got me thinking. I did that based on assumptions and assumptions.

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Due to a technical problem, payment traffic at four banks came to a standstill yesterday. Cash machines (ATMs) failed and money transfer was also not possible.

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My wife and I would like to deposit a certain amount (1.000.000 THB) in an account with a Thai bank in the future, when we permanently live in Thailand, within a year or so. Can someone tell me which bank gives the most interest?

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Globalisation, the disappearance of national borders and deregulation on a global scale, is a development that cannot be stopped. Strangely enough, the (financial) authorities in the Netherlands seem to think differently. If you are no longer registered in the Netherlands, you risk becoming a kind of 'outcast'.

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Reader Question: Are Thai Banks Scammers?

By Submitted Message
Posted in Reader question
Tags: , , ,
November 26 2016

I ask myself this question after I went to withdraw money at an ATM of the Siam Commercial Bank (SCB) in Uthai near Ayutthaya yesterday. First, the ATM gave a rate of just over 35 baht, while the rate at their site was over 37 baht. In addition, I still got the costs for the ATM on the screen, I read 180 baht, but on my receipt the 200 baht was still nicely calculated.

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Can someone tell me if savings in Thailand are guaranteed in case of bank failure? In the Netherlands, according to the Consumer Association, it is a maximum of one ton in Euro.

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Today in Bangkok Post there is an article about the fact that only a few banks in Thailand have taken measures to protect customers against phishing, a form of internet fraud.

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A Dutch friend of mine reported that he had received a message from ABN-AMRO that Dutch banks have an advanced plan to close all accounts of Dutch people who live permanently outside the EU.

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A simple but effective weapon against debit card skimming will now also be used in Thailand: no longer a magnetic strip, but a chip.

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A balance on a savings account with a Dutch bank up to € 100.000 is guaranteed by the state, as far as I know. Do these kind of guarantee rules apply from the Thai state to the Thai banks? If not, would it be wise to put your money in two or three banks?

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How is a bank card skimmed? So so!

By Editorial
Posted in Background, News from Thailand, Featured
Tags: , ,
November 27 2013

Since the beginning of this year, skimmers have managed to take 70 to 80 million baht from bank accounts. A camera is no longer necessary; a fake keyboard is pasted on the keyboard.

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I am considering opening a Thai bank account as I am tired of paying 150 to 180 baht every time or finding a good exchange rate. Which bank is recommended?

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The following happened to me. I accidentally transferred money to the wrong bank account number in Thailand. The money was for my girlfriend in Udon Thani.

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Can someone let me know at which banks (branches) I could go to Pattaya to rent a bank safe, what the conditions are and at what price?

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Who has experience with credit cards from the major Thai banks? They want to offer it to me.

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News from Thailand – July 21, 2013

By Editorial
Posted in News from Thailand
Tags: , , ,
July 21, 2013

News from Thailand brings today:

• Passport 'jet-set' ex-monk revoked; DSI asks 20 countries for cooperation
• Commercial banks post net profit of 87,09 billion baht
• Suicide or murder? Nurse's mother fights for justice

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