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Does anyone here use Kiatnakin Bank ?
They give a better rate of interest for fixed deposits and are covered by the same deposit protection scheme as the other thai banks so, on the surface, look like a suitable home for the amounts needed to qualify for an extension of stay.
Does anyone know of any problems with them ?
Interest rates here
http://www.kiatnakin.co.th/content_n...-21_fid490.pdf
always had good service from them, best deposit rates, lots of free calendars, calculators and sporty type water bottles at new year too.
We also deposited some money with them as their rates are much better than the rest.
A couple months ago they were offering 3% for 9 mo B/E
I steered away from the B/E because they are not covered by the deposit protection scheme.
I am current getting 3.6% pa for an 18 month time deposit
How much tax is due on the interest rates ?
WHT is 15%
It is possible to get a Tax number and claim it back if you think it is worth the effort
kasikorn just finished a promotion that gave us 4.5% on a 14 month time deposit.
Now you tell us.:rolleyes:Quote:
Originally Posted by raycarey
sorry.
i know bangkok bank had a similar offer going...don't know if it too has expired.
that was a stepped time depositQuote:
Originally Posted by raycarey
The apr working out at about 2.2%
I am sure you will see more of these promotions as all the banks try to gain market share. I am waiting for the next good promo to deposit a large sum. Anyone know of any good ones?
I checked around before I took the plunge and 3.6% is the best I could find.
TMB do a big splash about their 5.5% interest but it is just another step up deposit with a low APR
That's the best rate around, I think.Quote:
Originally Posted by Thetyim
And what bank was that again Thetyim?Quote:
Originally Posted by Thetyim