Hello! Has anyone successfully opened a bank account with the DTV Visa? And if so what bank and what branch?
Thanks!
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TLDR : Answer Summary
Many users have shared their experiences about opening bank accounts in Thailand with a DTV Visa. Kasikorn Bank was mentioned as a possible option. However, it is advised to wait a couple of months after arriving in Thailand and to have a stable residency for successful account opening. Banks are cautious about granting accounts to those on short-term visas due to regulatory scrutiny related to money laundering.
The article does not detail any new measures/restrictions on p[ening a bank account.
Henrik *****
Wait a couple of months after you arrived in Thailand.
Reconsider if a Thai bankaccount is need-to-have or nice-to-have.
Banks in Thailand are like everywhere in the world, interested in having good stable custormers, that have a permanent address, a steady easy traceable income, and use the account all year round.
That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.
Don’t expect to get a residence certificat, until you have stayed at a permanent adress in at least 3 month, since that is what the residence certificat should confirm.
Furthermore the added attention on whitewashing of money, is an added burden on the banks, so even depositing large amounts isn’t a guaranteed way to open an account.
The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.