Unanswered2 years ago
Can digital nomads from India open NRE accounts and complete KYC while working outside India?
Anyone from India here who working as Digital nomad
I am already holding NRE account.
Bank is asking for RE kyc.
Has anyone opened NRE account or done KYC while working outside India as Digital nomad .? 🙏🙏🙏
I am already holding NRE account.
Bank is asking for RE kyc.
Has anyone opened NRE account or done KYC while working outside India as Digital nomad .? 🙏🙏🙏
Summary so far
The discussion revolves around the challenges faced by Indian digital nomads regarding the KYC process for NRE accounts while working outside India. Users express concerns about ongoing visa regulations affecting foreign nationals in Thailand and share personal experiences related to banking and legal issues.
39 repliesnewest first
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Patrick **********
My friend stayed at a temple for 5 weeks until his money arrived in Rayong
Casa ********
You should know by now that farangs living in Thailand have hatred against others especially Indians. You better post in other sensible NRI forum to get reasonable answers. Even better if you can communicate with your bank directly.
Phil ******
@Casa *******
jeez a bit harsh some of my best friends are Indians
James ******
The sad part is that because of all the foreign fights and people working illegally, and cheating on their visas, the PM is looking into changing all the visa rules for farangs. scary
****************************************************************************************
*****
10/pm-orders-revision-of-visa-free-schemeGoel ********
OP@James *****
i need profile filtering also like Singapore and hong kong so that cheapsters like we have in this group and already filtered and we don't mess Around with thai culture or country. U guys have destroyed your country and now don't destroy South east asia.James ******
@Goel *******
I agree they do need to check closer but I am afraid they're going to go over the top because of all the fraud going on with 50% of the foreigners hereGoel ********
OP@James *****
most low class crowd from all the nations is coming to Thailand now. Europe and UK is already destroyed. Now don't destroy SEA countries. Now these bunch of Brit will also ask what is sea countries
A.c. ***********
@James *****
What's so scary about that? It only says that they'll be reviewing the visa-exempt entry scheme. If they remove that, at worst tourists would simply have to apply for visas before coming. That's not a huge problem.
Gary ***********
DTV is a mess, Indian (pretend) tourism is worse, Thailand really needs to sort this shit out
Satvik *********
@Gary **********
lol check yourself , getting smoked up and fighting with ladyboys . Go back to your country don’t come back if you think you’re so wellUpadhyay *********
Well I am on DTV and working as a digital nomad and I am not sure if I qualify for, or need a NRE bank account. 🤔
Anyway, most private banks these days offer means for online KYC from internet banking or mobile apps.
Anyway, most private banks these days offer means for online KYC from internet banking or mobile apps.
Goel ********
OP@Upadhyay ********
u qualify as per the rules if u stay out of country for more than 183 days and u save taxes being an NRI and use those saved taxes to live in Thailand. So u pay zero taxes. But only thing is documents. I know its online but lot of documents are requiredCasa ********
@Goel *******
You are giving out more information than you should here in this forum. Better PM outside this forum else there are people waiting to pounce at you because of your nationality and skin color.Goel ********
OP@Casa *******
i understand i can't change ppl but i thought i will see if ppl have come across this situation and can learn from them. But what i learnt is Thailand has destroyed itself by calling all low class tourists from all over the world and providing them visa to settle for long termGoel ********
OP@Casa *******
i have worked in all top companies in UAE, Singapore And Us. Anf the cheapsters think they have class. I have golden visa of uae alreadyCasa ********
@Goel *******
when did you go to my favorite place Dubai and Burj Khalifa and Jumeirah Beach ? I love Dubai ! Which Visa type u went there ?Casa ********
@Goel *******
why u want to waste your precious time ..ur computer science can't change how people are programmed to think and behave! You might as well use your time in doing something constructive which will enhance your knowledge time and money. Discuss in intellectual group having knowledge about your NRI kyc tax topic. While this group have expertise in Thailand Visa topicGoel ********
OP@Casa *******
so u agree that u guys are racist. And on what'l basis u r racist. I know how to deal with these cheapsters and a**holes.Upadhyay *********
@Goel *******
Understood. For a regular bank account, I have been able to do reKyc online several times in the past - using Aadhar authentication and basic information. Same might apply to NRE account. maybe - not sure.
You might also consider checking Indian banks operating in Thailand catering to NRIs.
Us *****
Okay, I am going to be honest here. The group is low key racist toward Indians. I wouldn't be so offended by their comments.
Nongnuch ********
@Us ****
well this guy gives us all the reasons to be low key about him 😄😅
Phil ******
@Goel *******
wtf know your customer but this visa you cannot get a bank account so KNOW THE RULES FOR THAILANDGoel ********
OP@Phil *****
seriously you guys are educated or not. Kyc is banking term and legal term. Its used in all financial aspectsPhil ******
@Goel *******
different term but still relevant and same same but different
Jeffrey ********
@Goel *******
know your customer.....KYCNongnuch ********
@Goel *******
KYC (Kentucky Your Chicken) not in the English speaking world. Can you please educate us?Abhishek ******
@Goel *******
@upadhyay sumanBottom Line:
KYC is "universal in banking", but "NOT in public awareness". Since each country implements it differently (and "rarely calls it "KYC"), foreigners often only learn about it when they’re forced to comply.
KYC Exists Everywhere, But It’s Rarely Called "KYC" in Daily Life
- In many countries, banks and financial institutions don’t explicitly use the term "KYC" when dealing with customers.
- Instead, they say:
- **"Identity Verification"** (US, Europe)
- **"Account Opening Requirements"**
- **"Proof of Address"**
- **"Customer Due Diligence (CDD)"** (formal term in EU/UK)
- So, unless someone works in finance, they may "never hear the term "KYC" even though they go through the process.
Digital vs. Traditional Banking Differences
- **India’s fintech boom** made KYC a common term (thanks to Paytm, PhonePe, gpay, HumpDay etc.).
- But in **Western countries**, traditional banks "hide KYC behind "security checks" without explaining it."
- Neobanks (Revolut, N26, Chime) simplify it but still don’t always call it "KYC."
Language & Cultural Barriers..
- A Spanish speaker in Germany may not recognize **"KYC"** but understands "Identitätsprüfung" (ID check).
- In some countries, "no public awareness campaigns" explain KYC (unlike India, where Aadhaar-linked services made it mainstream).
Why Does This Confusion Happen?
- Banks assume customers "just know" what documents are needed.
- Regulators don’t enforce simple terminology—just compliance.
- Most people don’t care about KYC until it stops them
Can elaborate further, but you get the drift...
👍
P.S -- let's have some cheapster fun as well, no harm there, is there in living?😉
Goel ********
OP@Upadhyay ********
i worked with many banks and institutions. Kyc is universal term. But these cheapsters and low standards guys just know marijunaa, cheap beer and ladyboys. Its just a playground for them to enjoy. Atleast we contribute and do business here. They just Want to retire and be burden hereGoel ********
OP@Abhishek *****
ohh u finding my comments funny and u don't know who started that. Read their language and tone. Kyc is not indi. Get ur facts right. And u know our history and SEA history then u should know what i told is correct. And u r not a principal teaching me what i need to do. My reactions depends the way u behave and comment. I didn't invited these farangs my posts clearly mentioned indians.Upadhyay *********
@Abhishek *****
Bro FYI, KYC is not an Indian term. I have seen it at places like Binance, Stripe, PayPal, Citi Bank, JP Morgan. Just to name a few.
Abhishek ******
@Satvik ********
terms ? What terms ?? Ah, you mean basic courtesy?
Precisely, Either the English accent is funny or the grammar is funny or both. & if folks treated each other with basic courtesy & accepted difference, things could go long way...
Satvik *********
@Abhishek *****
it’s not . It’s basic termsSatvik *********
@Hans ********
at least not smoking and fighting on the streets with lady boys.Abhishek ******
@Goel *******
take a chill pill, your English was funny and smhw your tantrums too - & that's why folks getting a tad bit rowdy.& Please KYC is Indi term and least you could do is explain briefly WTF it even means.
I agree many a folks have a default colonial superiority Bug they're not aware of, & even worse that colonial history wasn't taught to them right, But well those are the Truths currently folks need to deal with including you.
Hans *********
@Goel *******
not sleeping on the beach in PattayaGoel ********
OP@Upadhyay ********
they call themselves educated /civilized and from developed country and we can see from their knowledge and behavior what they are really uptoUpadhyay *********
@Nongnuch *******
Well the question starts with “Anyone from India”.Phil ******
@Nongnuch *******
agree....I'm 72 and never heard beforeActivity
14 joined14
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