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Author Topic: Bangkok Bank no on-line funds transfer thru NY Branch  (Read 71860 times)

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Offline BillH52

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #30 on: February 17, 2024, 01:15:33 PM »
Retirement, marriage or dependent child visa might also apply without handing over 50,000.
   

Offline urleft

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #31 on: February 17, 2024, 01:26:35 PM »
Agree those are options, but I'm trying to minimize visa/extension hassles.  Also, it may be in my best interest to have money outside of my country.  That said, trying up money for 10 years may not make economic sense, decisions decisions.

Offline BillH52

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #32 on: February 17, 2024, 01:38:20 PM »
Thinking the one you mentioned is the one where you pay Thai government 50,000 Baht; meaning, you don't get it back.

Offline BillH52

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #33 on: February 17, 2024, 01:44:14 PM »
Which isn't all that bad - around $1500

Offline Mod

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #34 on: February 17, 2024, 03:12:46 PM »
I'm considering moving back to Thailand and getting the 10 year visa, which means you need 3 million baht in a Thai Bank.  I just checked the transfer using Wise and OFX of $100K USD.  You Decide:

I hear from someone the 10 year visa is difficult to apply for.
« Last Edit: February 17, 2024, 03:14:24 PM by Mod »

Offline Gerry

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #35 on: February 17, 2024, 03:17:55 PM »
Thinking the one you mentioned is the one where you pay Thai government 50,000 Baht; meaning, you don't get it back.

That's 31000 Baht more than annual extensions.

Just wiped out the difference in money transfers, and more.

@Urleft, is there a fee at the receiving bank for OFX transfers? I ask as there are no such charges for Wise transfers.
« Last Edit: February 17, 2024, 03:19:59 PM by Gerry »

Offline urleft

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Re: Bangkok Bank no on-line funds transfer thru NY Branch
« Reply #36 on: February 17, 2024, 07:03:11 PM »
@Urleft, is there a fee at the receiving bank for OFX transfers? I ask as there are no such charges for Wise transfers.


No, I got exactly what OFX quoted at SCB. 


 

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