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    Internet banking in Thailand

    By dillpickles98, Created on: 08/08/2009, Last updated on: 06/01/2014

    » Internet Banking in Thailand For the last 6 months i have tried to set up ACH banking from the U.S. to Thailand. The problem was when the trail deposits were posted from my U.S. Bank to BKK Bank of course they were only in Thai Baht. To complete verification one must enter the exact amount of the...

    • paddy commented : [quote="Silaworld":3k5cw021]I have a Euro-account and 3 ThaiBaht-accounts (in different provinces) since about 5 years without problems with Bangkok Bank. Recently I opened Bualuang Ibanking and this works entirely to my satisfaction. Transferring money from Euro to Baht or inverse is a piece of cake. Transfers happen online and you know your rate. Transfer limit is 500.000 Baht/dayly. At the beginning when I opened something new, Bankstaff always asked for workpermit... but when I told them No Workpermit, everything still Ok. Actually, many westerner banks might take some lessons from major Thai banks.[/quote:3k5cw021] 500,000 baht daily limit on transfers out of Thailand ? How does that work? I tried to transfer 200 euros from my SCB bank to my Euro bank. SCB confirmed that i could not do it at their branch (it was not authorized), but that I could do this online, to save on fees. When I tried to make the online transfer, SBC's Easynet screen requested me to prepare and submit a request form to BOT, explaining what the purpose was for the use of the funds. Yes, that was for 200 euros! I gave up, afer my bank branch said they had no reply from the BOT. In the coming months of the new year, I will have a significant amount of cash which I want to transfer to a long-standing bank account in another country.

    • 12 replies, 35,102 views

  • News & article

    From poverty to the lower middle class in Thailand

    Jon Fernquest, Published on 16/09/2010

    » Construction and factory work are typical paths from poverty to the lower middle class in Thailand. Economist Sethaput Suthiwart-Narueput uses research findings to explain how it works.

  • News & article

    Impediments to income mobility in Thailand

    Jon Fernquest, Published on 17/09/2010

    » Education and capital are the major impediments to income mobility in Thailand and some regions such as the northeast face significant barriers. Economist Sethaput Suthiwart-Narueput uses research findings to explain why this is the case.

  • News & article

    Baht appreciation: What can be done?

    Jon Fernquest, Published on 09/11/2010

    » Economist Sethaput Suthiwart-Narueput takes a thorough look at what can be done about the rising value of the Thai baht which threatens Thailand's export competitiveness.

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    • Forum

    Two Forty Eight Café & Bar introduces the Party Menu

    By prnews, Created on: 19/11/2010, Last updated on: 19/11/2010

    » [color=#FF0000:3ow1p6ks][size=150:3ow1p6ks][b:3ow1p6ks]Two Forty Eight Café & Bar introduces the Party Menu[/b:3ow1p6ks][/size:3ow1p6ks][/color:3ow1p6ks] Bangkok, Thailand (November 18, 2010) "Two Forty Eight Café & Bar", the trendy new restaurant and latest addition to Ratchadapisek...

    • 0 replies, 1,729 views

  • News & article

    Flood damage costs rise

    Jon Fernquest, Published on 10/10/2011

    » Floods hit Ayutthaya with 7% of Thailand's economy & 15% of manufacturing output. Floods in Bangkok could add 50 billion baht of damage or more.

  • News & article

    SET up 1% on China optimism

    Online Reporters, Published on 28/09/2012

    » Thai stocks rose 1% on Friday in line with other Asian markets as investors speculated that China's central bank would act soon to spur the world's second-largest economy.

  • News & article

    SET index drops 3.50 points

    Online Reporters, Published on 19/10/2012

    » Thai stocks dipped slightly on Friday in the absence of new local catalysts, while foreign investors reacted indifferently to a sketchy agreement to create a single European banking supervisor.

    • Forum

    SCB organizes third "SCB SME: (No) Secret to Success"

    By prnews, Created on: 10/06/2013, Last updated on: 10/06/2013

    » Siam Commercial Bank, led by President Mrs. Kannikar Chalitaporn and Senior Executive Vice President Mr. Sirichai Sombutsiri, presided over the opening ceremony of the "SCB SME: (No) Secret to Success" seminar titled "First Movers Get Richer". Focusing on how to adopt creativity...

    • 0 replies, 1,223 views

  • News & article

    Condo bubble danger ahead?

    Jon Fernquest, Published on 21/06/2013

    » As foreign capital flowed into Thailand recently, many feared stock & real estate prices were far above true value, a bubble ready to burst...

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