Can DTV visa holders open bank accounts in Thailand?

Oct 7, 2024
a month ago
Carlos *********
ORIGINAL POSTER
Has anyone on a DTV been able to open a bank account recently? I went to four banks, including Bangkok bank, and they all said that due to a recent policy they are not able to open bank accounts to DTV holders. I also asked an agent and he said the same thing 🤷🏻‍♂️
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TLDR : Answer Summary
The conversation discusses the difficulties DTV visa holders face in opening bank accounts in Thailand, with multiple users sharing their experiences. They mention that banks, including Bangkok Bank, are currently reluctant to open accounts for DTV holders due to a recent internal policy. Users suggest trying different banks and highlight that banks prioritize customers with stable and long-term residency as they face increased scrutiny related to money laundering. They also point out that the value of residence certificates has diminished, affecting bank assessments.
DTV VISA RESOURCES / SERVICES
Henrik *****
You simply haven’t been in Thailand long enough to be a customer.

Reconsider if a Thai bankaccount is need-to-have or nice-to-have.

Banks in Thailand are like everywhere in the world, interested in having good stable custormers, that have a permanent address, a steady easy traceable income, and use the account all year round.

That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.

Don’t expect to get a residence certificat, until you have stayed at a permanent adress in at least 3 month, since that is what the residence certificat should confirm.

Furthermore the added attention on whitewashing of money, is an added burden on the banks, so even depositing large amounts isn’t a guaranteed way to open an account.

The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.

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9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?
Jeff ********
@Henrik ****
This + the new Tax rules. No wonder DTV was implemented. $$$ Mo-money.
John **********
Every branch of every bank has its own policy. Get your walking shoes on
Carlos *********
ORIGINAL POSTER
@John *********
Thanks, I will
David ************
You need to get out and keep trying
Ray *****
"recent policy" is code for can't be bothered
Toni *******
@Ray ****
might be that their policy hasnt been updated yet and doesnt include dtv
Ray *****
@Toni ******
Or they don't have a policy is more likely