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Quote from: KhunG on November 17, 2016, 12:01:31 PMQuoteCO-CO « on: Today at 11:28:08 AM »decided to apply to BKB in Buriram for Foreign Currency AccountsTotally OT, and we can take it to another thread, but what is the benefit of having a Foreign Currency Account in Thailand? This is an honest question.Immediate availability of funds to switch to Baht when the rate is favourable.
QuoteCO-CO « on: Today at 11:28:08 AM »decided to apply to BKB in Buriram for Foreign Currency AccountsTotally OT, and we can take it to another thread, but what is the benefit of having a Foreign Currency Account in Thailand? This is an honest question.
CO-CO « on: Today at 11:28:08 AM »decided to apply to BKB in Buriram for Foreign Currency Accounts
Quote from: CO-CO on November 17, 2016, 01:33:48 PMQuote from: KhunG on November 17, 2016, 12:01:31 PMQuoteCO-CO « on: Today at 11:28:08 AM »decided to apply to BKB in Buriram for Foreign Currency AccountsTotally OT, and we can take it to another thread, but what is the benefit of having a Foreign Currency Account in Thailand? This is an honest question.Immediate availability of funds to switch to Baht when the rate is favourable.+1, or having to close your account at your Home Country Bank because you are not a resident anymore
<snIp>On the second, my home country doesn't require residence to have an account. Thanks for the replies.
Quote from: KhunG on November 17, 2016, 04:39:11 PM<snIp>On the second, my home country doesn't require residence to have an account. Thanks for the replies.Offtopic.@KhunG, I have no idea which country you are from, but in the country where I am from, a lot of NON-Residents are being asked to close their accounts at their Bank mostly because they don't live there anymore.(This maybe is because of the forming of the Banking Union and could start effecting other EU countries as well.)This was in the news last weekhttp://www.dutchnews.nl/news/archives/2016/11/amro-abn-amro-to-close-the-accounts-of-15000-people-who-live-outside-europe/
Quote from: iammike on November 17, 2016, 05:17:07 PMQuote from: KhunG on November 17, 2016, 04:39:11 PM<snIp>On the second, my home country doesn't require residence to have an account. Thanks for the replies.Offtopic.@KhunG, I have no idea which country you are from, but in the country where I am from, a lot of NON-Residents are being asked to close their accounts at their Bank mostly because they don't live there anymore.(This maybe is because of the forming of the Banking Union and could start effecting other EU countries as well.)This was in the news last weekhttp://www.dutchnews.nl/news/archives/2016/11/amro-abn-amro-to-close-the-accounts-of-15000-people-who-live-outside-europe/I have 4 UK bank accounts and 6 UK credit cards.I haven't lived there for nearly 10 years.
Coco did you meet any resistance at Buriram BKB?? I did. I had to go to head office and open one there. The problem was they wanted leter of residence from Immigration which as we know they don't just hand out. Even with yellow book which they refused to acknowledge.
Coco did you get that account after all? I remember I had to also get a letter of reference from the branch I opened my account at originally.
At the end of the day, Tod, much of what you try to push upon people is nothing but you trying to prove something about your manhood.What you fail to see is that most expats live here because they want to. They enjoy living here and wish to continue to do so. If that involves a bitof hoop jumping once a year then so be it. It is a small sacrifice.I for one would rather you did not go to Buriram Immigration flexing your metaphorical muscules and exercising your inflated ego. It could, and would most likely, have a negative effect for the rest of the expat community here in Buriram.
Way cool!!