Can a foreigner open a joint bank account with a Thai citizen in Thailand?

Jun 1, 2021
3 years ago
Puma **********
ORIGINAL POSTER
Can you (as a foreigner) open a Thai bank account with a Thai person as a joint owner of that account?
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TLDR : Answer Summary
Yes, a foreigner can open a joint bank account with a Thai person in Thailand. However, many participants in the discussion express concerns about the potential risks involved, such as lack of trust or financial exploitation. They recommend caution and suggest alternative banking arrangements, such as keeping separate accounts and using instant transfers, to mitigate risks. There are also differing opinions on whether a joint account is necessary for visa financial requirements.
Keith ******
I have an American neighbour who has a Thai wife & they had a joint bank account with his American pension being paid directly into it.

Her family and friends were always asking her for loans (some were paid back & some weren’t).

Another Thai made an allegation of serious assault against his wife & she was arrested and jailed whilst police investigated the incident and the bank account was frozen for the duration of the investigation & trial, because her name was on the joint account. This meant that he no longer had access to any money from their only Thai bank account, yet his pension was still being paid into it. She was later found not guilty and the bank account was unfrozen again. They now have separate bank accounts and instantly transfer between then as required.
Justin *******
You can open an account without a Thai person.. Just pay 6000 baht for travel insurance from the bank beside tesco and they give you an account
Frédéric ******************
@Justin ******
Don't need to buy an insurance.
John-Paul ******
John-Paul ******
You do not need a thai person to open bank account. Use BKK Bank or K bank. Former is easy.

NEVER open a bank account with someone else... a Joint Account... always keep things like that separate from others (credit cards also!) no matter what country you are in or what nationality the other person is. Joint accounts are never a good idea!
Ya *****
@John-Paul *****
sorry which branch did you open location. Bkk bank and k bank
Adam *******
You do not need a Thai person to open an account in Bkk Bank, Krungsri Bank or the Green Bank , just open it in your own name
Kevin ***********
@Adam ******
I know this 🤔🙄
Walter **********
You can. But you put your Thai partner in big trouble. Because all friends and relatives will ask your partner to help out with a "loan" immediately. And "no" is no answer to such requests 🤔
Frédéric ******************
@Walter *********
He didn't mention with whom he wanted to open the account.
Peter ********
Why would you LOL
Kevin ***********
I have my own Thai bank account with Bangkok Bank. My Thai girl helped me with the process.
Roger ********
What would be the advantage?
Dave ***********
Most of the guys who post on here have been burnt by their ex Soi 6 bar girlfriends hence so many negative replys.....in fact how they accumulated money in the first place to lose it beats me.

Do what you what is your money.
Gerhard ***********
You can but watch the women
Baz ******
Only if you trust them 100%

Be very careful
Marc ********
Not a good idea but yes you can
Frédéric ******************
Yes, I did it twice.
Jon ********
@Frédéric ****************
Didn't learn the first time 🤣
Frédéric ******************
@Jon *******
I've got one with my girl for house, car and food expenses (added value when she requested Schengen, US and Canadian visas) and one with my business partner to put the shop profit. I have my own account as well of course.
Brad **********
⬆️ 2 U 😉
Channel **********
@Brad *********
...do people still get called “Brad” anymore? Got to be the all time stupid name...accept if the parents are dumb and dumber.
Brad **********
@Channel *********
Not sure that was called for? Just stating the obvious!!

I have a Thai Bank account & a joint bank account with my wife!

Have a nice day 😃
Ross ********
Yes but why would you
Ciarán *******
While not all thai(or from anywhere) women will sell your socks shoes and blood, there are a few good ones out there. At the same time when it comes to cash...
Rod *********************
Simple answer yes
Lisa ********************
Can also open single account in your name and transfer money to joint account, as and when
Steve **********
Account in your name only ! Ya, We, know, your different. YOUR NAME.
Nicky ******
Me love you long time baby! 😘

Well, I will at least until I have raped your bank account! 😜
Simon **********
Don’t listen to all these naysayers with their negativity. If you go to Soi 3 Sukhumvit in Bangkok with your passport and cash you will find any number of beautiful and charming individuals willing to help you. Best of luck.
Alan **********
Yes
John *********
It satifies my immigration for ret. Visa
Ross ********
Retirement visa $$ has to be in an account your name only
John *********
@Ross *******
it isnow .first visa 6 years ago .lady let me off
Giorgio ******
@John ********
so you'll need twice more money for your visa 🤔
John *********
@Giorgio *****
no . 1900 as per visa
David *********
Why would you want to do this? Certainly it won’t satisfy immigration financial requirements for retirement visa. The Thai person can use your bank card if you give her your pin. That is the safest way.
Ryan ******
Yes
Stuart **********
Yes you can and you can have it set so that both you and the Thai have to sign in order to make withdrawals. This type of account is useful if for example you have a half Thai child and want to save in a bank account for them even though they are not old enough to hold the account themselves
Robert ********
Steady there tiger. Just open two separate accounts. Money transfer is instantaneous these days so no need for joint accounts.
Puma **********
ORIGINAL POSTER
Aww! Maybe I need to reconsider joint bank account. I asked because I have seen worse case scenario from a bank side. If the account holder died, it’s very hard to retrieve the funds out of the deceased’s account. The bank will try to hold it as long as possible. Even your next to kin can’t get it easily.

Maybe the best solution is to get an ATM code out of your loved one.
Alan *******
Jody Dayton Peace My thoughts too.
Dave *********
@Puma *********
just have an ATM card and code ..im sure the third party will empty the account without even informing the bank..
Ryan ******
@Puma *********
That can be even worse. They can go to jail. You should have a Will.
Puma **********
ORIGINAL POSTER
@Ryan *****
thank you. I think the will can eventually finalized everything.
Kool *******
@Puma *********
if that is your reasoning then just write out a Will, with all your bank accounts clearly listed along with the rest of your property.
Robert ********
@Puma *********
if you unfortunately pass away then your partner will survive without your money. Don’t worry. Most people have their money in their home country anyway.
John *********
Is this a wind up???
Dev *******
Dont
Ivan ************
Yes, say bye bye to your money doe
Oor ********
Paul *****************
Yes you can, you put all your Money in Bank and She takes it out and run far away with it. Bye Bye Farang
Kevin *****
You can, but unless you have 20 years together....
Keith ******
A joint bank account with a Thai means you depositing the money & them withdrawing it immediately…
Frédéric ******************
@Keith *****
you racist.
Joe *******
@Frédéric ****************
Im offended that your so easily offended 😁
Frédéric ******************
@Joe ******
I'm not offended. I just discribed his comment.
Joe *******
Mate social media FB especially is a living piss take you want a serious conversation/debate join a Book Club mate
Joe *******
@Frédéric ****************
racist/keeping it real.
Frédéric ******************
@Joe ******
I don't know what kind of Thai you're acquainted with.

Blaming a whole nation for the guilt of some is racism. Imagine if I said all Brits were drunkard, or all White Americans inbred red necks?
Nigel *************
@Frédéric ****************
You ARE offended because you called him racist... all people that are offended use that word in defence, because that's all you have. You must be offended because you can't let it go...
Frédéric ******************
Keith ******
@Frédéric ****************
I think someone’s had a sense of humour

by-pass operation…
Ivan ********
Be careful!!!
Harvey **********
Yes
Garrett ***********
Yes, you can have a joint bank account.
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