Can I deposit 800,000 Baht in Citibank or other foreign banks for visa purposes in Thailand?

I bank with citibank thailand - but they have been taken over now by UOB

yea kinda

No card ? You have wise debit card?

Download the Wise app. Obtain their debit card. Transfer your home funds to your Wise “account” into your Baht “jar” or into your US$ “jar” (for a better rate later?). Arrive at Bangkok airport, go to nearest ATM and withdraw baht from your baht jar. It’s that simple. You can use it at any ATM…some have 20k limits but the “yellow” ATMs had 30k limits for 220 Baht fee. Once your bank account is open you simply transfer your baht funds from Wise to your bank and use their ATMs for no fee. I found the Wise exchange rate to be by far the best. From Canada I tried my TD bank direct and the rate offered was ridiculous. Wise is widely used in Asia…oodles of YouTube videos to familiarize yourself.

The problem is the Indians play "pass the parcel" with the money, so one uses it to get a visa, then withdraw it and give it to someone else etc.

As a foreigner I would recommend Bangkok Bank. But you’ll need an address in Thailand to open up the account. If you buy an apartment in Thailand they’ll open up the account and you can use this adress.

I called Bangkok Bank in New York to see if I deposited money there could I access it in Thailand. Said nope you would still have to pay for a transfer of funds

Never seen any branches of the Banks outlined above!!! With this said,I don’t really look for them!

Just get a Thai Bank Account that deals with the general public. It took a little work, but just relax & pop into a few different Banks (even different branches of the same Bank)

Just do a bit of research first & gather all the required documentation first!

All the best 👍

Nope . No personal accounts from them

If you're the owner of a Fortune 500 company, yes.

Needs fund depositing into a bank that is situated in Thailand 🇹🇭

None of those banks hold retail banking licenses in Thailand. Citi did but exited the market.

For example, use Bangkok Bank. That is the one which immigration accept. Maybe other also. Agency helped me open account there.

Nice try, but no.

Thanks for the question because I was just wondering the same thought this morning.

I do not think there are any foreign banks here doing retail banking. You have to put the money in a thai bank, keep it there for at least 3 months and the balance can never go below 400k and must be back at 800k 3 months before renewal.

None of these banks do business with individuals in Thailand.

The Thailand entities are not the same as the ones in other countries. You cannot deposit your money in these banks because you cannot get an account in Thailand with these banks