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Every $600 transaction reported

Posted: October 9th, 2021, 9:06 pm
by Tsar


That's what Biden and the Democrats want reported according to this clip.

Re: Every $600 transaction reported

Posted: October 9th, 2021, 11:03 pm
by jerryrigged
The only bank I use is bangkok bank. Even now that I don't live in thailand anymore.

Re: Every $600 transaction reported

Posted: October 10th, 2021, 12:37 am
by Tsar
I fact checked the article. It's a misrepresentation of the truth and facts by Republicans. I thought that it must be partly inaccurate.

https://www.factcheck.org/2021/10/repub ... quirement/

@jerryrigged How does FATCA impact you and your banking? How were you able to open an account in Thailand? Were you a resident or do they offer non-resident accounts? Is your account denominated in USD or Thai Baht?

Re: Every $600 transaction reported

Posted: October 10th, 2021, 6:12 am
by jerryrigged
Tsar wrote:
October 10th, 2021, 12:37 am
I fact checked the article. It's a misrepresentation of the truth and facts by Republicans. I thought that it must be partly inaccurate.

https://www.factcheck.org/2021/10/repub ... quirement/

@jerryrigged How does FATCA impact you and your banking? How were you able to open an account in Thailand? Were you a resident or do they offer non-resident accounts? Is your account denominated in USD or Thai Baht?
Don't trust any fact check site like that they're run by leftists. Especially with covid stuff. This really is a further federal takeover of the banking system. They're implementing stasi like control over everything. Most go along willingly with Google and Apple products but that's never enough. Im mostly dealing with FBAR with my Thai bank account. I keep it under the 10k limit the rest of my money I keep outside the system..

Re: Every $600 transaction reported

Posted: October 10th, 2021, 6:13 am
by jerryrigged
Oh I opened my Thai bank with the help of a law firm in bkk. Most provide this service

Re: Every $600 transaction reported

Posted: October 10th, 2021, 7:37 am
by Moretorque
Communal Dictatorship...... :D