Job Discussion Forums

[Belgrove]

[tefl peasant]

[bobpen]

[The Mad Hatter]

Forgive my ignorance but I am genuinely confused about this conversation and topic.
I am taking issue with the topic- not the messenger(s)
Why would any English teachers need to be concerned with large amounts of cash in the range of six figures? In order to put things in perspective, let's be fair:
The ideas being suggested and advised about is bringing large amounts of money into Vietnam -that much is clear. Then how to situate it in a secure place, a bank in a country with a separate financial system that is removed from external scrutiny, and then be able to turn right around and easily take the same money out of Vietnam at a later date- at will. And ostensibly re-locate the money in one of many other international banks. Keep in mind it is being characterized as a process fraught with injustices and unnecessary obstacles.
In other words. The thread topic is about how to launder money through Vietnam while one happens to be employed as an English teacher. And decrying the lack of access to this service. One can see it in no other way. Given what one knows about the reality of the relationship of the Vietnamese bank and finance sector to the world, setting up scenarios for large money transfers and then, a short time after transfer outs IS money laundering for all intents and purposes since no one in the world will know where the money originated prior to Vietnam and as ELT teachers no one of the teaching community can vouch it could possibly be from income earned in Vietnam. This is a reasonable complaint. Lets see it for what it is. Perhaps local banks don't take kindly to being used in this way or laying themselves open to the appearance of such activity.
How can this affect or inform us ( teachers) in any way? I find it somewhat startling that it is being presented here as if it were a normal everyday occurrence for English teachers to be capable of making such transactions on such a scale. Unless the object is to transfer large sums of money purely by coincidence while one happens to be working abroad. Certainly one task would be less or more important to the goal of Education, ELT, academia and advancement of the skills of teaching.

[snollygoster]

The extent of my money "laundering" is certainly in the lower figures when compared to those quoted by some. To clear up the previous statements, I now have an "explanation" from my bank manager friend about what really happened in my small transaction.
It appears the bank employee was "mistaken" about the application of some bank fees, which were not supposed to accrue to this transaction, and "explained" their application to my mother in law as a change in the exchange rates. "So sorry, it won't happen again" etc.
Therefore we can rest contented that Vietcom bank DO apply the correct exchange rates, but that bank employees are subject to "mistakes" from time to time.
My intention in posting was just as inferred elsewhere, to point out official business practices that sometimes go astray.
Thanks Belgrove for your vote of confidence.

[Mr. Kalgukshi]

This thread is now locked due to deliberate disregard of a posted Moderator warning on the thread.

The offending member is now an ex-member.