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  1. #1
    The Pikey Hunter
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    Planning a Bank Job?

    Not sure which branch to target? - Helpful information from the Bangkok Post.


    In this day of ATMs and internet banking, safe deposit boxes seem a throwback to another age.
    But not in Yaowarat, where customers may wait years before a box becomes available.
    For many investors in Chinatown, local safe deposit boxes are their main repository for gold bars bought and sold each day.
    What's inside? The family wealth
    ''We have plenty of customers on our waiting lists for a box. Most just want a place to keep their gold,'' said an official at the Sampeng branch of Bangkok Bank, where all 200 boxes are in use.
    He said confidentiality rules precluded bank staff from knowing what customers kept in their deposit boxes. ''But it's pretty obvious when you see customers walk in with heavy bags. Particularly for upcountry residents, they use the boxes to hold their gold purchased from local shops.''
    Gold has become a major asset for retail investors thanks to the sharp rise in prices in recent years and the metal's traditional use as a buffer against inflation.
    For banks, deposit boxes are a service offered to valued, long-term clients. Most banks would just as well do away with the service, considering that the small fees received hardly cover the security and maintenance costs.
    At Siam Commercial Bank's Yaowarat branch, a branch official said all 100 boxes were in use under long-term contracts.
    ''We've seen some increase in transaction volume as more customers come in to check their boxes and store or take out gold thanks to greater activity in the market,'' he said.
    Some boxes had been rented out to the same customer for 20 to 30 years, and in some cases, passed directly to descendants. ''A safe deposit box is almost like a family heirloom for some.''

    Bangkok Post | Business news | Bullish on boxes
    You, sir, are a God among men....
    Short Men, who aren't terribly bright....
    More like dwarves with learning disabilities....
    You are a God among Dwarves With Learning Disabilities.

  2. #2
    I am in Jail

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    I love going into the vault and the private room.

  3. #3
    Not a Mod.
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    I was musing on this when in the SCB in Chiang Mai the other day watching bundles of thousand baht notes being passed over the counter. There's not a security guard in sight. While every small gold shop seems to host an armed off duty cop, the banks don't seem to have any security at all.

    Banks in europe have bullet proof screens and a security tray for passing money back and forth. Here a counter.

  4. #4
    I don't know barbaro's Avatar
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    Planning a bank job?

    Not really. I'd probably have to start work as a teller. I don't like dealing with the public.

  5. #5
    Cenosillicaphobiac
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    ^ How about a nice safe job?

  6. #6
    pompeybloke
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    Went into kk bank in buriram the other day to make a withdrawal, went to the desk to fill out a slip and there was a young woman next to me flicking and re-arranging her hair all over the place seemingly in another world, I glanced down o to the desk and there was a wad right there of 1,000 baht notes, a real thick bundle, must have been 100k at a guess. She wasn't even looking at it she was so caught up with her hair job and it would have been so easy just to have....

    but I didn't.

  7. #7
    I don't know barbaro's Avatar
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    Quote Originally Posted by Plan B View Post
    ^ How about a nice safe job?
    There is not a lot of security these days, but it would be nice.

  8. #8
    Cenosillicaphobiac
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    This one hasn't got much security... in fact it's already open.


  9. #9
    Thailand Expat
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    The PI have the right idea, with shotgun totting guards outside and inside not just banks but any other establishment that has anything worth stealing.

  10. #10
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    Quote Originally Posted by Begbie View Post
    ...the banks don't seem to have any security at all.

    Banks in europe have bullet proof screens and a security tray for passing money back and forth. Here a counter.
    They have the spirit house constantly topped up with bottles of fanta and durian, and the manager always wears an amulet, they even have a buddha on the wall. What could possibly happen?

  11. #11
    I am in Jail

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    BTW, the recent movie, set in London, "The Bank Job" starring Jason Strathom is a very good watch. I loved the 3some opening scene.

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