Can one establish a Thai bank account during their stay under a tourist visa with plans of acquiring a retirement visa later?
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TLDR : Answer Summary
Opening a Thai bank account under a tourist visa is possible but presents challenges. Several commenters note that it has become increasingly difficult due to stricter regulations and the requirement for proof of residency. However, options exist such as using agents, which can expedite the process for a fee. Recommendations include trying multiple banks, particularly Bangkok Bank, which some have found to be more accommodating. Having the right documents, including a letter from immigration, is crucial. While it can be done, many suggest waiting until securing a retirement visa for a smoother experience.
NON-O RETIREMENT VISA RESOURCES / SERVICES
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go to Siam Commerical Bank and say you are starting an import/export biz.
Pertti *************
Easy.
Use agent.
Pay few thousand fee.
Ned *******
I opened an account with Bangkok Bank several months ago on a 30 day extension
Went to Immigration, with proof of address, copies of passport, biometric and Visa extension pages ... . Completed a form, (ticking the box for Bank account )
Immigation gave me a letter/form ( all in Thai ) and immigration officer stated this would be sufficient to be allowed to open a bank account . ... bank account duly opened that same day .. ( without insurance and a small amount think it was 600baht )
. ..in Prachin Buri . ..no agents, no fees
not as difficult as I thought. . . . But as others have said, they do love their paperwork . .
Take many copies . ..even the bank wanted copies.. ..good luck
Shaughn ***********
Theses are the current requirements to open an account at any Bangkok Bank
Bernard *****
If you go with a Thai friend it is more easy
Michael *******
Very difficult now with agents and lawyers throwing (your) money at the problem - technically only residents can open a Thai bank account, BKK bank used to bend the rules if you spend 5k on an insurance policy.
Peter *********
Yes
Rob **********
It is possible, although it is getting harder, you just need to try a fair few banks and branches. In my opinion and experience Bangkok bank seems to make it somewhat easier than the other banks.
Daniel *********************
In Thailand every thing is possible $$$. Good luck
Malcolm *******
Chris ***********
Probably not
Dom *******
Open a bank account with a tourist visa
Jet ********
Each bank is different but bkk bank is the easiest for a savings account when I opened mine I needed 20k bht
Brian *********
It seems it was more possible in the past but more recent strict account management suggests no.
But nothing is absolutely impossible. There are sketchy services you could hire to get the result but unless there is some reason for urgency, why not wait?
As from what I can see you need to have the established bank account with funds for a period of time to be included in the retirement visa application.
And what you’re referring to is the non-O AFTER the 90 day which haven’t done yet.
It sounds like they’re trying to get the account before it’s really necessary.
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Dom *******
LAWYERS ALLIANCE THAILAND
Jeffrey ************
With an agent..
Brandon ************
It's possible, but not easy. You're probably going to need to try a lot of banks (10-20+), possibly have to buy insurance, or use an agent to get it done.
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Brandon ************
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