thai baht rate update

[MrDevil]

Originally posted by cyrus
Yup, I activated my on-line banking over here just with my bank account and pin ... and already viewing my accounts ... here in Sillypore.

Interesting... is it Bangkok Bank? I understand too only foreigner residing in Thailand could apply?

Bank Account
If you are working or living in Thailand or just moving here, we can help to set up a new bank account for you quickly and easily. With a long-term visa and a work permit or a Certificate of Residence, you can apply for access to our additional banking services like phone banking, mobile phone banking and internet banking.

Once you have opened your account you will receive a Bangkok Bank passbook which can be updated at our handy terminals in our branches. Your passbook is a handy way of tracking your account movements and takes the place of an account statement.

With a Bangkok Bank account, you can also apply for a Bualuang ATM card.

Non-Resident Baht Account

This account is for personal and corporate foreign customers who want to have an account that enables funds to be transferred into and out of Thailand for specific purposes including investments. It helps save your time when you want to send your funds to a foreign country or make payments or repayments to overseas recipients.

With a Non-Resident Baht Account, all sources of funds and the purpose of the deposit or withdrawal must be declared according to the Bank of Thailand's regulations.

You can open the account at our head office on Silom Road where our Marketing Officers are available to give you more information and help you with your needs.

This account operates at Bangkok Bank's head office on Silom Road by counter service only.

How to open a Non-Resident Baht Account

Individual customers need to bring along their passport and evidence declaring the source of funds.

Corporate customers need to bring along the following documents:
- Copy of Registration Certificate (not more than 1 month old)
- Memorandum and Articles of Association
- Minutes of a Board of Directors Meeting stating the account opening, names of authorized signatories and conditions of signing
- Passports of the Directors and the authorized signatories
- Power of Attorney (required when the signatory is not a director of the company)

All documents must be verified by the Notary Public and attested to by the Royal Thai Embassy in the country of company registration. The original documents with their certified true copies must be submitted when opening an account.

[siamcutey]

Originally posted by MrDevil
Interesting... is it Bangkok Bank? I understand too only foreigner residing in Thailand could apply?

Bank Account
If you are working or living in Thailand or just moving here, we can help to set up a new bank account for you quickly and easily. With a long-term visa and a work permit or a Certificate of Residence, you can apply for access to our additional banking services like phone banking, mobile phone banking and internet banking.

Once you have opened your account you will receive a Bangkok Bank passbook which can be updated at our handy terminals in our branches. Your passbook is a handy way of tracking your account movements and takes the place of an account statement.

With a Bangkok Bank account, you can also apply for a Bualuang ATM card.

Non-Resident Baht Account

This account is for personal and corporate foreign customers who want to have an account that enables funds to be transferred into and out of Thailand for specific purposes including investments. It helps save your time when you want to send your funds to a foreign country or make payments or repayments to overseas recipients.

With a Non-Resident Baht Account, all sources of funds and the purpose of the deposit or withdrawal must be declared according to the Bank of Thailand's regulations.

You can open the account at our head office on Silom Road where our Marketing Officers are available to give you more information and help you with your needs.

This account operates at Bangkok Bank's head office on Silom Road by counter service only.

How to open a Non-Resident Baht Account

Individual customers need to bring along their passport and evidence declaring the source of funds.

Corporate customers need to bring along the following documents:
- Copy of Registration Certificate (not more than 1 month old)
- Memorandum and Articles of Association
- Minutes of a Board of Directors Meeting stating the account opening, names of authorized signatories and conditions of signing
- Passports of the Directors and the authorized signatories
- Power of Attorney (required when the signatory is not a director of the company)

All documents must be verified by the Notary Public and attested to by the Royal Thai Embassy in the country of company registration. The original documents with their certified true copies must be submitted when opening an account.

In short, its a work permit needed to open the internet banking facilities.

SC

[thaiboy]

3rd March Thai bhat rate at golden mile

TT to thai account less than S$3000 is 22.92 , above S$3000 is 22.98.

GM money changer 22.87

[keet]

Originally posted by siamcutey
In short, its a work permit needed to open the internet banking facilities.

SC

yes work permit, even if i open a joint account with my wife also cannot. so in the end just use her old account to get a internet facility.

i have a Thai Citibank Ready Credit a/c and able to view from internet, but this was available during the time i had a work permit and is still active.
But the Citibank's internet option only allows me to view balance and transfer to Bangkok bank a/cs, as compared with many functions with the Sg website.

[forumer]

any one changed thai baht recently? rate? thanks

[liquidman]

23.1 right in front of the 4-face Budda @ GM

[forumer]

Originally Posted by liquidman

23.1 right in front of the 4-face Budda @ GM

thank you

[tirak69]

don muang was offering 23.11 over the weekend. could get better this week as the USD is still trading at levels of 1.68.

[moses_limp]

Hey SC,

If I were to need a sum of money, say S$30K- S$40K, how can I transfer the money to thailand safely??? Read up from Bkkbank website that U need to have work permit or etc to open an account. Wat R the options I have??

Originally Posted by siamcutey

In short, its a work permit needed to open the internet banking facilities.

SC

[Aanok]

Exchange Rate dated 10 Apr 04

Location: Golden Mile
Rate: 23.05

If terrorist strike tomorrow during Songkran, the exchange rate will move up to Sin dollars advantage.

[siamcutey]

Originally Posted by moses_limp

Hey SC,

If I were to need a sum of money, say S$30K- S$40K, how can I transfer the money to thailand safely??? Read up from Bkkbank website that U need to have work permit or etc to open an account. Wat R the options I have??

Wah, you bringing for business or for personal use? Business easier to transfer funds.

SC

[Sornporn]

30k - 40k if for personal use do wat?

[siamcutey]

Originally Posted by Sornporn

30k - 40k if for personal use do wat?

Bring by hand lor. And frankly, for personal use do you need to bring in 30K and 40K for one shot to use them?

Or can try using your ATM card on different ATM banks. Of course charges and exchange rate applies.

Or can open a bank account beforehand in Thai Farmers Bank, then go Golden Mile and transfer by remittance. But provided you can pass the "interview" when the bank staff ask you why you want open a bank account in thailand.

SC

[moses_limp]

I would say both lah. I try not to use ATM card, as you've said, the rates, i suppose are not that attractive.On top of that, they charge a fee for every withdrawal made.

HOw about Banngkok bank? They do have a branch at Cecil Street. Can I open an account wif them in SG and then withdrawal monies using their ATM card??

Originally Posted by siamcutey

Bring by hand lor. And frankly, for personal use do you need to bring in 30K and 40K for one shot to use them?

Or can try using your ATM card on different ATM banks. Of course charges and exchange rate applies.

Or can open a bank account beforehand in Thai Farmers Bank, then go Golden Mile and transfer by remittance. But provided you can pass the "interview" when the bank staff ask you why you want open a bank account in thailand.

SC

[tirak69]

Originally Posted by moses_limp

I would say both lah. I try not to use ATM card, as you've said, the rates, i suppose are not that attractive.On top of that, they charge a fee for every withdrawal made.

HOw about Banngkok bank? They do have a branch at Cecil Street. Can I open an account wif them in SG and then withdrawal monies using their ATM card??

as far as i know the branch in sg is for commercial purposes. it does not cater to consumer needs. you can perhaps open a company account with them.