Can I open a bank account in Thailand with a DTV visa?

Aug 28, 2024
3 months ago
Ege *******
ORIGINAL POSTER
Hello, I have a DTV visa, can I open a bank account in Thailand ?
4,030
views
5
likes
121
all likes
71
replies
0
images
26
users
TLDR : Answer Summary
Opening a bank account in Thailand with a DTV visa can be challenging as many banks are not familiar with this new visa type. Some banks may require a residency certificate and could attempt to sell expensive health insurance as a condition for account opening. Experiences vary, with some individuals successfully obtaining accounts through Bangkok Bank and KBank, while others face repeated refusals. It's suggested to consider using an agent who can assist in navigating the requirements, which often include proof of residence and possible financial obligations.
DTV VISA RESOURCES / SERVICES
Martha ****
Has anyone tried with HSBC Thailand?.
Mikkel *********
@Martha ***
that bank is closed for retail as well as citibank
Graham *******
Difficult these days without work permit. If no joy try an agent.
Raul ***********
I have TM30 so can I open one yes?
Ali ********
Selam dostum hangi konsolosluktan dtv yi cozdun ?
Batuh ****
@Ali *******
Ben de sordum henüz cvp yok 😃 2 hafta sonra randevum var ankarada ama dökümanlar türkçe mi ingilizce mi olmalı, noter onaylı mı olmalı hiçbir yerden bilgi alamıyorum. büyükelçilik telefonu banttan tayca birşeyler dinletip kapatıyor. klasik türkiye amk.
Ali ********
@Batuh ***
kesinlikle ya thai yada ingilizce her yerdeki kural.. b. Ben jakartada n cozucem .. bu otobuse bindik bindik kanun degisirse yayan kaldik 😅
Batuh ****
normalde nerdesin?
Batuh ****
@Ege ******
pls check dm bro
Denis **********
@Ege ******
Work with an agent. It’s easy for them. It costs between 4,000- 6,500 THB, but they can handle everything for you without any issues.
Martha ****
@Denis *********
What kind of agency? where do you find that?
Denis **********
@Martha ***
Almost all visa agencies have service to open a bank account, especially if you are in Pattaya.
Simon ********
if you need to open bank account you can pay to open one if you need to there’s a lot of agencies that will do this for you.
Salim *******
Simon ********
They are all differnt but i suggest going to the trendy centre in sukhumvit soi 13 theres a load of visa agencies in there that will all help you here
Tod *********
I believe the law service Siam Legal can help people open bank accounts

contact them and see;
@https://www.faceb*****************
Pham *****
Thanks for opening the thread. I was looking for opening a bank account too and kasikorn bank doesn’t know about DTV yet and they ask for work permit.

Hope it’ll open in the future
Naphaporn *******
If you want to do it, I have a service in Bangkok.
Ege *******
ORIGINAL POSTER
Danny *******
Wiz *******
@Naphaporn ******
please pm 🙏🏻
Naphaporn *******
@Wiz ******
ok ka dm,
Peter **********
Paulie ********
Go get a residency cert 300 b and the bkk bank on soi bukho they will ask you to pay for insurance just say no no no.
Robert ********
@Paulie *******
insurance isn't that bad or expensive if they do insist though, 500b/yr which gives you 5000b/incident, no excess, for accident insurance, i used it just had to show the debit card at the hospital. Good for small bumps and scratches at least
Paulie ********
@Robert *******
sure mine was,2k and that was a good few year ago.
Peter **********
I would like to get bank account too on DTV in Bangkok.

I learnt the following

Issue 1 - some banks require certificate of residence from immigration. This seems easy to get in Pattaya but difficult to get in Bangkok - even with 12 month Bangkok lease and TM30.

Issue 2 - even if you manage to find a bank to allow you to be a customer, they may force you to buy expensive health insurance

I’m told that using an agent in Pattaya solves both these issues, the account they get u, isn’t required to get the expensive insurance - so once you pay the agent costs it ends up around the same cost as if you did it yourself

Happy to hear from people that had different experiences, especially from Bangkok
Paul *******
@Peter *********
I'm sure an agent can help open a bank account anywhere in the country.
Peter **********
@Paul ******
I spoke to an agent in Bangkok - they wanted a crazy 17k baht.
Greg ********
@Peter *********
What you say is correct about agent and bank account in Pattaya. Many of them seem to use the Bangkok Branch close to Big C on Pattaya Klang. I have an account there and if I go to the branch I see the agent's workers in there. The cost is about 5k for them to open an account for you and no need to take out the insurance.
Hasan *******
I opened a bank account with a 3-month tourist visa. I am sure you can open a bank account with a DTV visa. I can recommend Bangkok bank as a bank. If you have a local friend, it will be useful to take it with you.
Ege *******
ORIGINAL POSTER
@Hasan ******
I will try 🙂
Hasan *******
I opened my bank account 15 months ago. Recently, many tourists have been caught opening a bank account with a tourist visa and trading P2P on Binance without a work permit. Maybe the new government may have banned it. Good luck mate 😇
Peter **********
@Hasan ******
with a DTV would this “online work” activity be allowed ?
Hasan *******
@Peter *********
The money has to come from outside Thailand. You cannot serve a Thai or a foreigner living in Thailand even over the internet.
Raphael ************
@Hasan ******
which branch?
Hasan *******
@Raphael ***********
Thung Khru near KMUTT but 15 months ago
Raphael ************
@Hasan ******
sorry, can you share bank name too?
Raphael ************
And whats kmutt
Hasan *******
@Raphael ***********
King Mongkut’s University of Technology Thonburi
Raphael ************
@Hasan ******
which bank? Ill go try thank you
Hasan *******
Bill ********
No.
Ibrahim ******
In the last 2 days, I have tried 2 KBanks and 2 Bangkok Banks, so far they all said no, seems like the DTV is so new they are not sure yet.

Will keep trying.
Xiang *******
Xiang *******
I am looking forward to your bank account opening result. Theoretically, I think it should be possible. You will also need address proof and TM30 form.
Hasan *******
15 months ago I opened a bank account at KMUTT Bangkok Bank branch. Today I will have my girlfriend call the branch for you and ask again. I will tag you if I get positive news.
Kevin ********
@Hasan ******
I’ve been here since May17th still haven’t managed and need to put money in to get visa. Did 1 border run, but will go back to UK in a month and will apply from there so I have when I come back and can open.
Hasan *******
@Kevin *******
They even accept your bank account in the UK for 500k in the visa procedure. It does not necessarily have to be a local bank account.
Kevin ********
@Hasan ******
I know. But I have 3 different visas available to me by way of DTV Retirement and marriage.
Hasan *******
@Kevin *******
As far as I have seen on forums and social media, many people staying on the Married and Retired visa are trying to convert to DTV. It is almost equivalent to Thai Elite visa. They think DTV is the best visa type.
Kevin ********
@Hasan ******
rules changed 1st June this year.
Hasan *******
@Kevin *******
They want to make us all taxpayers but they don't even allow us to open a bank. 😥
Ned *******
@Hasan ******
that’s not what’s going on at all. The new tax laws are to bring Thais who have foreign assets into the Thai tax system. Don’t listen to the YT hype. Most Thailand YouTubers have 0 idea what they’re talking about.
Hasan *******
@Ned ******
At Aseannow we have been talking about the new tax law for almost a year. Some people even claim that after we sent large sums of money from abroad to a Thai bank, the bank started to call the customer and ask if they paid the tax on the amount. Everyone is waiting to see what will happen at the end of the year. The vast majority say that they will be forced to leave Thailand and started looking for alternative locations.
Ibrahim ******
If you haven't watched this about the DTV, I watched this and immediately applied afterwards. Give it a watch, it's an exclusive interview with the man in the Thai Government who oversees the entire Visa program.

************************************************
Ege *******
ORIGINAL POSTER
@Ibrahim *****
Evet ne yazıkki bende de aynı durum 3 banka da benden work permit istedi denemeye devam edeceğim
Greg ********
@Ibrahim *****
I think you have hit on a key issue. They have no idea about the DTV as yet. Thai friends had not heard of it till I mentioned it.
Ibrahim ******
@Greg *******
yep, they ask for long term visa, show them the DTV and then they get confused. 1 of them was aware and said they are waiting to learn more but currently cannot offer an account.
Greg ********
@Ibrahim *****
Like many things in Thailand they will wait for instructions from above to filter down. Then there will be certain branches more liberal in their interpretation of the rules in order to get numbers up.
Sean *********
Try in Kbank or Bangkok Bank, in Bangkok only. Go there being well dressed.

If it doesn't work in some branch, try another one.
Ege *******
ORIGINAL POSTER
@Rachid ******
yess maybe Dressing well can help :)
Raphael ************
@Ege ******
bank policy can’t stand infront of a well shaved guy with zara shirt and long pants. 😂
Sean *********
@Raphael ***********
that's what i heard from a guy who was allowed to open an account there.

He said it could play a role in the chances of success, so it costs nothing to do it 🤷🏼‍♂️ (except some hundreds of baths for buying clothes^^)
Sean *********
But having a thai friend who comes with you to explain all is the best
Ege *******
ORIGINAL POSTER
@Raphael ***********
hahaha real facts :D
Graham *******
not enough DTV have been issued and feedback received to give a considered response, let us all know how you get on.
Ege *******
ORIGINAL POSTER
@Graham ******
I applied to open an account at 3 different banks, but they asked me for a work permit
Graham *******
@Ege ******
that is a draw back with the DTV you cannot work for a Thai company. If has been reported that if people have a tourist stamp they cannot get bank account.
Graham *******
@Ege ******
yes, but only because of your age and not having any form of retiree visa.
John **********
@Ege ******
every branch of every bank has its own rules. Some say a residence certificate helps but it shouldn't be necessary. Just keep trying different branches until you find one that allows you or find someone to help