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Answered2 years ago

Can I open a bank account in Thailand with a DTV visa, and if so, which banks allow it?

Mike ******
asked Nov 19, 2024
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Has anyone opened a bank account on a DTV visa? Which one and where? Thanks
Answer summary
Opening a bank account in Thailand on a DTV visa is challenging, and it's commonly advised that you may need to use an agent to facilitate the process, which can cost around 5,000 baht or more. Most banks are currently reluctant to open accounts for DTV visa holders without agent assistance. Experiences shared by users suggest that it's generally more manageable to have an agent handle this, whereas direct applications at banks have become increasingly difficult, especially for younger individuals.
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Marcels *********
Marcels *********
go to bangkok bank and make sure they arenr selling u an insurance with the bank account.

or get an agent. easy
Jim ********
Jim ********
It’s a struggle now even with an agent. Even agents are saying they cannot open an account unless you are over 50 so for the younger people it’s hard
Brandon **********
Brandon **********
There should be regulation that requires banks to open accounts for all legal adults in the country like many of the worlds countries have
Michael *******
Michael *******
Try opening an account in most western countries without residence, virtually impossible now, had to close my accounts in South Africa, Dubai and HK in last 5 years due to non residency, I keep my UK for now as I have a property there , still - that will be difficult when I sell up it’s a worldwide attempt to reduce money laundering.
Brandon **********
Brandon **********
@Michael ******
and funny the US doesn’t have an issue with this… the wording hq for anti money laundering .
John ********
John ********
@Brandon *********
even if its possible for that to happen you have to remember that this is Thailand and they will always have their own rules
Brandon **********
Brandon **********
@John *******
exactly . I said should. That’s why the economy is failing here in Thailand. Empty apartment complexes . No innovation or productivity .
Stuart ***********
Stuart ***********
You will probably need to use an agent for this, I believe it costs about 5,000 baht.

It's probably the only time you need to use an agent as everything else is really easy.
Lothar *************
Lothar *************
@Stuart **********
yes, only with agent. but will be more expensive. In chiang mai not under 10k.
Stuart ***********
Stuart ***********
@Lothar ************
ouch!

I was lucky, I opened my account about 3 years ago, when it was still possible to open an account on a tourist visa, without using an agent.
Lothar *************
Lothar *************
@Stuart **********
good old times 😃
Jet ********
Jet ********
I say use agent for everything your visa your apartment rentals whatever you need it’s well worth the money and it’s cheap if you’re American or a foreigner it’s not like using a service in the United States for example, last service I used they charge me $50 and did all the work for me for my visaand the realtor we use when we bought our condo her commission was next to nothing compared to American realtors
Jim ***********
Jim ***********
Agent use. Same as the other thousand guys ask sane question
Mike ******
Mike ******
OP
Recommend agent
Mark ***********
Mark ***********
@Mike *****
Nans Services but unfortunately she is in Pattaya
Jim ********
Jim ********
@Mark **********
I messaged her the other day and she can only open for over 50’s now. Rules have changed apparently
Jim ********
Jim ********
@Mark **********
yes luckily I got mine many years ago but have been communicating with agent again on my friends behalf
Mark ***********
Mark ***********
@Jim *******
fair enough, lucky for me I’m over 50 plus did mine 2 years ago when I believe it was a bit easier.
Mark ***********
Mark ***********
No bank will open a bank account on a DTV visa

Just use an agent
Phil ******
Phil ******
@Mike *****
cannot use an agent to assist you

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