[Denver]

Originally Posted by gez

Is it possible for people living outside LOS to deposit money in Thai banks and receive interest on the deposit. What sort of return is available and how safe is the money i.e. do Thai banks go bankrupt very often?

Hi Gez,

I currently bank offshore in the Isle of Man (main salary paid into it etc) using a dollar account. I spend alot of my time in Croatia and have opened a normal high street bank account there and move money electronically (via internet banking) into that account from the IOM. I find it works for me and might be worth investigating if you can do something similar with a Thai bank?

In fact, can anybody tell me if they are currently doing this now?