Jump to content
IGNORED

Retirement Visa problem - New Rules


Recommended Posts

I find this hard to believe but i was speaking to the Austrian Consul this afternoon and he said the British Embassy in Bangkok is no longer providing letters confirming your Pension/Income. If true you had better start saving your pennies to get 800,000 baht in the bank.

Anyone else heard this.

Sex without love is an empty experience;

 

But as empty experiences go, it is one of the best.

Link to post
Share on other sites
  • Replies 791
  • Created
  • Last Reply

Top Posters In This Topic

  • Scuba+

    96

  • Soi7

    62

  • davidge

    56

  • Oukiva

    52

Top Posters In This Topic

Popular Posts

I ordered up a bank statement showing the last 12 months of FTT entries in my account. As said, it is supposed to take about a week coming up from Bangkok. My renewal isn't up until August, but though

Perfect example of immigration making their own RULES up as they go. They refused you they have always accepted mine the right hand doesn't know what the left hand is doing if only everybody we're on

I have some information that may help a small percentage of the BMs who are affected by these changes. This is my situation, I have a Thai wife that I am separated from but still on good terms wi

Posted Images

5 minutes ago, Billyboy294 said:

I find this hard to believe but i was speaking to the Austrian Consul this afternoon and he said the British Embassy in Bangkok is no longer providing letters confirming your Pension/Income. If true you had better start saving your pennies to get 800,000 baht in the bank.

Anyone else heard this.

Maybe he meant it’s not available in person. By post only.

"Life is what happens to you while you're busy making other plans."

 

Link to post
Share on other sites
24 minutes ago, davidge said:

Maybe he meant it’s not available in person. By post only.

Yes i told him you now have to get it by post or email and he said  "not now".

I think possibly he misunderstood what he heard. I hope so.

Sex without love is an empty experience;

 

But as empty experiences go, it is one of the best.

Link to post
Share on other sites
I find this hard to believe but i was speaking to the Austrian Consul this afternoon and he said the British Embassy in Bangkok is no longer providing letters confirming your Pension/Income. If true you had better start saving your pennies to get 800,000 baht in the bank.
Anyone else heard this.


Why does the Austrian Consul give advice on British Embassy matters ?

Sent from my SM-T535 using Tapatalk

  • Like 2
Link to post
Share on other sites
21 hours ago, Billyboy294 said:

I find this hard to believe but i was speaking to the Austrian Consul this afternoon and he said the British Embassy in Bangkok is no longer providing letters confirming your Pension/Income. If true you had better start saving your pennies to get 800,000 baht in the bank.

Anyone else heard this.

 

2 hours ago, gusincebu said:

 


Why does the Austrian Consul give advice on British Embassy matters ?

Sent from my SM-T535 using Tapatalk
 

 

He wasn't giving advice. He was just passing on information he had heard as he knew it would be of interest to me. He lives in my Condo.

Sex without love is an empty experience;

 

But as empty experiences go, it is one of the best.

Link to post
Share on other sites

Fair enough .. not from " the horses mouth " then , just hearsay .

Sent from my SM-T535 using Tapatalk

Link to post
Share on other sites

I checked the British Embassy link for downloading the forms to apply for the 'Letter' and there was no change.

You can still download the forms.

Sex without love is an empty experience;

 

But as empty experiences go, it is one of the best.

Link to post
Share on other sites
  • 3 weeks later...
14 minutes ago, Oukiva said:

Yes, I posted earlier today. I’d have started a new topic on it but I’m one of the BMs unable to do that at the moment due to technical issues.

"Life is what happens to you while you're busy making other plans."

 

Link to post
Share on other sites

 

image.png.f24d0886c179ec029e41ffda461ad790.png

Edited by Soi7
  • Like 1
  • Sad 2

I have to keep reminding myself its a job :GoldenSmile1:
At Babydolls we are serious about fun

 

 

babydollsaddict.gif

 

 

Link to post
Share on other sites
23 minutes ago, Soi7 said:

 

image.png.f24d0886c179ec029e41ffda461ad790.png

That is not good .... Means more money for Visa Agency . 

Link to post
Share on other sites

Hi guys might be looking towards a retirement visa in a couple of years time, one of the criteria is 800bt/£20k in a Thai bank, I note Bangkok bank have a branch in London, would opening an account and depositing cash there qualify?

image.jpeg

Link to post
Share on other sites
4 minutes ago, ronthebrummie said:

Hi guys might be looking towards a retirement visa in a couple of years time, one of the criteria is 800bt/£20k in a Thai bank, I note Bangkok bank have a branch in London, would opening an account and depositing cash there qualify?

No. Has to be in Thailand.

"Life is what happens to you while you're busy making other plans."

 

Link to post
Share on other sites
8 hours ago, ronthebrummie said:

Hi guys might be looking towards a retirement visa in a couple of years time, one of the criteria is 800bt/£20k in a Thai bank, I note Bangkok bank have a branch in London, would opening an account and depositing cash there qualify?

I don't like commenting on these, but I will anyway. :-) For the American branch of Bangkok Bank that is in New York, an individual in the United States cannot open an account at the branch office in the United States. It's not the sort of bank branch that allows any individual accounts. 

However, an individual CAN open up a personal Bangkok Bank account from within Thailand. My Thailand Bangkok Bank account number is valid at the New York branch office of Bangkok Bank. So, with my Thailand account number, I can do direct deposits of my pension, or do domestic money transfers from another US bank, and have the funds automagically appear in my Thailand account. 

So, you sorta can. :-) Next trip to Thailand, open up a Bangkok Bank account at some location in Thailand. Then go read this link:

https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-UK-to-Thailand-via-London-Branch

Link to post
Share on other sites

I wonder if/when the American Embassy will do the same in the near future... They require absolutely NO paperwork proving your income that you swear to in front of a consular officer... if they required paperwork, it would take additional time to process and it would be difficult to prove the authenticity of the paperwork provided as proof of retirement income...  

Retired in Pattaya, Thailand - arrived April 1, 2014... Ohhhhh yeahhhhhh... LiveN my dream!

:GrinNod1:  :GoldenSmile1:  :24:

Link to post
Share on other sites

So reading this correctly I can open an account in Thailand? (Im out in 3 weeks) can deposit Sterling via my UK bank to London and it will show up in Thailand? Will it automatically transfer to  Bht? 

What documents will I require in Thailand to open an account?

cheers thanks for your assistance.

image.jpeg

Link to post
Share on other sites
44 minutes ago, Garzan said:

I can do direct deposits of my pension, or do domestic money transfers from another US bank, and have the funds automagically appear in my Thailand account.

this will end as of April 1st 2019 that came straight from the horses mouth. But SS direct deposits will still be allowed

I have to keep reminding myself its a job :GoldenSmile1:
At Babydolls we are serious about fun

 

 

babydollsaddict.gif

 

 

Link to post
Share on other sites

 

7 minutes ago, Soi7 said:

this will end as of April 1st 2019 that came straight from the horses mouth. But SS direct deposits will still be allowed

Use of domestic ACH transfers will end, but if the US bank allows international ACH transactions (IAT) then you'll still have an easy, and inexpensive method of transferring money. Unfortunately for me, Chase bank responded to my inquiry that they will not support IAT. I'm hoping that will change by April 1.

Bangkok Bank has updated their website with more info on what is changing as of April 1st.
 

Advice to senders using US bank internet banking services

If you have a U.S. bank account, you can conveniently transfer funds to a recipient's bank account at Bangkok Bank in Thailand via the internet by completing the steps described below for an international ACH transaction (IAT). International ACH payments are processed in accordance with operating RULES and formats developed by the Electronic Payments Association (NACHA).


The IAT is a special code (a Standard Entry Class or “SEC” Code) for ACH payments that enables financial institutions such as Bangkok Bank to identify and monitor international ACH payments and to perform screening to ensure compliance with Office of Foreign Assets Control (OFAC, U.S. Department of the Treasury) requirements.  The NACHA  RULES require Bangkok Bank’s New York Branch which serves as intermediary, to ensure that payments that are transmitted to account of beneficiary in other country are appropriately classified as IATs and contain information as described below.

 

Bangkok Bank, New York Branch, is required to receive the ACH transactions in the required IAT format.  This means that we must require that senders who wish to transmit funds to recipients at Bangkok Bank in Thailand to provide certain identifying information.
...

source: https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-US-to-Thailand-via-Bangkok-Bank-NewYork-branch

Link to post
Share on other sites
3 minutes ago, forcebwithu said:

Unfortunately for me, Chase bank responded to my inquiry that they will not support IAT.

My bank wont as well and I have been told most will not seems too much paper work involved

I have to keep reminding myself its a job :GoldenSmile1:
At Babydolls we are serious about fun

 

 

babydollsaddict.gif

 

 

Link to post
Share on other sites
2 hours ago, ronthebrummie said:

So reading this correctly I can open an account in Thailand? (Im out in 3 weeks) can deposit Sterling via my UK bank to London and it will show up in Thailand? Will it automatically transfer to  Bht? 

What documents will I require in Thailand to open an account?

cheers thanks for your assistance.

Yes, you should be able to open an account but it’s become more difficult and varies from branch to branch. Many now require a long-term visa as well as a Residence Certificate so it can be difficult if you’re on a Tourist Visa. If you’re patient and try lots of branches then you can end up with an account eventually. May even get lucky first time! Alternatively, there are agents who can get one for you for a fee.

As for sending money, just do a normal International Transfer from your UK bank account. Fee varies. I pay £9.50 with Lloyds. It can be done on internet banking. You’ll get a routing number for your Thai branch when you open the account along with, obviously, your account number and ask for the SWIFT code for that bank. Recently, if I send money on a Monday it’s generally in my Thai account on Wednesday morning.

"Life is what happens to you while you're busy making other plans."

 

Link to post
Share on other sites
1 minute ago, davidge said:

Yes, you should be able to open an account but it’s become more difficult and varies from branch to branch. Many now require a long-term visa as well as a Residence Certificate so it can be difficult if you’re on a Tourist Visa. If you’re patient and try lots of branches then you can end up with an account eventually. May even get lucky first time! Alternatively, there are agents who can get one for you for a fee.

As for sending money, just do a normal International Transfer from your UK bank account. Fee varies. I pay £9.50 with Lloyds. It can be done on internet banking. You’ll get a routing number for your Thai branch when you open the account along with, obviously, your account number and ask for the SWIFT code for that bank. Recently, if I send money on a Monday it’s generally in my Thai account on Wednesday morning.

Good info. I'll also add they may try to sell you insurance as a requirement for opening an account, but that's just BS.

Link to post
Share on other sites
3 hours ago, ronthebrummie said:

So reading this correctly I can open an account in Thailand? (Im out in 3 weeks) can deposit Sterling via my UK bank to London and it will show up in Thailand? Will it automatically transfer to  Bht? 

What documents will I require in Thailand to open an account?

cheers thanks for your assistance.

 

41 minutes ago, davidge said:

Yes, you should be able to open an account but it’s become more difficult and varies from branch to branch. Many now require a long-term visa as well as a Residence Certificate so it can be difficult if you’re on a Tourist Visa. If you’re patient and try lots of branches then you can end up with an account eventually. May even get lucky first time! Alternatively, there are agents who can get one for you for a fee.

As for sending money, just do a normal International Transfer from your UK bank account. Fee varies. I pay £9.50 with Lloyds. It can be done on internet banking. You’ll get a routing number for your Thai branch when you open the account along with, obviously, your account number and ask for the SWIFT code for that bank. Recently, if I send money on a Monday it’s generally in my Thai account on Wednesday morning.

Forgot to say, always send in £ not in baht. The UK bank will try to default to baht so they do the exchange before sending. You’ll get a worse rate if you do it this way. Make sure you have it set to send in £.

  • Like 2

"Life is what happens to you while you're busy making other plans."

 

Link to post
Share on other sites
  • davidge locked this topic

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • COVID-19

    Any posts or topics which the moderation team deems to be rumours/speculatiom, conspiracy theory, scaremongering, deliberately misleading or has been posted to deliberately distort information will be removed - as will BMs repeatedly doing so. Existing rules also apply.

  • Advertise on Pattaya Addicts
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.