Hello,
i am on a Privilege Visa and do payments with Wise. Now i want to rent a condo. Do i need a local bankaccount or can i pay monthly rent and electricity or water bills with Wise?
If i open a Bangkok Bank account is there a annual fee for the account?
Thx
TLDR : Answer Summary
You can pay rent using Wise, but having a local bank account would simplify transactions. Monthly utility bills can be paid via cash or online methods, depending on the provider. If you choose to open a Bangkok Bank account, there may be a minor annual fee, but the benefits like Promptpay and fee-free withdrawals make it worthwhile.