Can I use TrueMoney as a bank alternative in Thailand?

Using TrueMoney as a bank

If you can't open a bank account or had to close it, and you have cash, then you can deposit your cash to TrueMoney at any True or Dtac or 7eleven shop, then you can:

- Pay via scan (PromptPay, TrueMoney) anywhere in Thailand (including individuals) with few limits

- Get a virtual MasterCard that you can use to pay online (e.g. App Store bills, AirBnB bills, etc)

- Transfer it to your True or Dtac balance to pay your mobile bills (it also works to pay your App Store bills via phone number)

- Transfer to a foreign bank account (EUR, USD, etc) via Swift

You just have to download the TrueMoney app and do a KYC (identity verification) and that's it