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Old 18-07-2007, 01:09 PM
84gunner 84gunner is offline
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Re: thai baht rate update

Quote:
Originally Posted by chujiarensg View Post
Hi Bro
Not to be rude but I kinda disagree in the issue of opening an acc. I'm not sure what is the regulation for a foreigner to open a bank account in Thailand but I believe not all thai banks will allow it. Unless you are a big spender in Thailand, else I do not see the need to do so. Also, Unless U put a real huge amount of money (10,20KSGD) into the account 2 to 3 year back, else anyone with a Thai Bank account with 2~3KSGD will still be subjected to the influence of the exchange rate. Anyway, I will not encourage anyone to do so rite now as the Baht is already too high. I rather put my money into the dollar(US)

No Offence. Just my thought
If I'm not wrong, anybody can juz go to the bank in LOS wif his passport & open a bank savings acct.

Banks in PRC may be different (financial & monetary control still rather tight), I can't really remember. But besides my payroll acct, I think I opened accts wif several other banks in PRC using my ID document only, several years back.

Banks in HK oso, juz yr passport can open bank acct liao.

Actually, quite good idea oso, can start buying some USD while it is quite low now. But, as far as I see, USD isn't going the upside direction in at least the next few months. There's potential for further downtrend for USD.
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