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Funds "Frozen" in Thai Banks: Immigration Connection?
Transcript of the above video:
As the title of this video suggests, we are discussing Banks which are being frozen, or I should say bank accounts which are being “frozen” and the Immigration connections associated therewith. I thought of making this video after reading a recent comment on our channel, quoting directly: "Can you discuss Banks freezing funds and if the election might ease current restrictions. I recently visited my bank and was told 400k assets were frozen, but I could close my account and get the full amount immediately. I use the auto pay with electric company to pay condo bills while I'm out of the country most of the year. Currently auto pay still works, yeah so I left everything as is, hoping for some new regulation. I may need an Attorney when I return to ensure a proper visa for this purpose. Any comments would be appreciated, and the hair looks fine. I need a haircut too." Yeah, I mentioned that in a prior video that, yeah, my hair, I just haven't found anybody new to cut it; I think here quite shortly, I'm going to need to go ahead and do that. But yeah, that's the reason for that little aside right there.
But with regard to the freezing if you will of accounts. So I've been up in arms about this for 6 months now, ever since we first started seeing this nonsense, and it is nonsense. I was just dealing with some banking here today this morning and it really is, it's just Orwellian, totalitarian nonsense. I mean I have got a Thai ID Card and stuff, and to open a new account, they want all sorts of biometrics and things. It's none of your business. At the end of the day, it's just not. I don't agree with that stuff. I've gone into detail about it why and how I don't agree with that stuff, and I very much hope Thailand pushes back against this because if not, it's going to get worse; this isn't going to get better in any sense of the term.
Now that said, the reason for "freezing" of accounts, 400,000 Baht in this case, I'm presuming that person is on an O Marriage Visa. Yeah now the banks have sort of unilaterally decided or with “guidance” from probably at the end of the day the OECD, the undue foreign influence of the Organization for Economic Cooperation and "so-called" Development, which the only thing I can figure out that they are trying to do is develop their own balance sheets by sucking money out of the jurisdictions that joined them essentially, and by making everything more totalitarian, so they can, I don't know, accomplish their goal of supranationalist, semi-globalist superiority.
Hey by the way guys, and Thailand would be wise to bear this in mind as well, Marco Rubio was just recently commenting on the state of international trade. Time to act accordingly and the best thing that could happen for Thailand is to knock this OECD stuff just aside and move along and do things in a Thai way at a national level, rather than worrying about what a bunch of bureaucrats back in Europe have to say about it.
Now that said, the reasoning behind this person bringing up the account freeze has to do with immigration. These Banks, in the past there have been all kinds of sleight of hand if you will - that some would say a sleight of hand, nothing illegal - but in the past you would see situations where money would be placed in an account temporarily in order to show the balance and then Visa benefits would be garnered, and then the money would quickly thereafter not be in the account. Some of these measures are here for that; that's the primary reason for this. But again, where it's a bank freezing your money, for whatever reason, if there's not a warrant from the government saying that they need to do that, short of that - and in some cases I would like to see the warrant - but short of that I don't think they should be able to do this. But that said, that is the reasoning behind it. They are freezing the account, that's why they'll say, "oh you close it, take the money with you", but they are freezing the accounts in order to be more in compliance with what they feel Immigration compliance should look like notwithstanding the fact Immigration has not asked for any of this. If you talk to Immigration Officers, they don't care about any of this stuff; they have issues with it as well.
So that's the reason for account freezing and that is the Immigration connection associated with that scenario.
