#SHOCKED#
Bangkok bank 2nd road, Pattaya klang. Just been informed by many of the staff who had a long conversation. Foreigner can no longer open bank account until they're on a long stay visa (not 3 months). I asked even if I het permission letter from immigration? They said NO, because can buy, so we not accept, in other words cos some officials are corrupt and will produce the letter for 500-1000bt, they will not accept. I asked about the insurance policy purchase, no not available to you, only option they gave was a 50k per year life insurance policy, which u commit to for 8yrs, then wait +7 more years for it to mature and with interest it will return approx 450,000bt after 15yrs. Yeah no. Anybody successfully opened a bank account in Pattaya in last 2 months with letter from immigration? Staff were adamant "all banks same"
TLDR : Answer Summary
Recent changes in banking policies in Pattaya have made it significantly harder for foreigners to open bank accounts without a long-stay visa (such as a Non-O visa). Many banks, including Bangkok Bank, now refuse to accept short-term tourist visas for account openings, citing increased fraud and the need for stricter liabilities. Comments from various community members indicate that while some have managed to open accounts, often through agents or with specific documentation (like a residence certificate), the overall consensus is that these procedures have become more complicated and require a commitment to long-term financial products, such as life insurance policies.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.