Answereda year ago
How can I open a bank account in Thailand with a DTV Visa?
Hello everyone, any tips on how can we open a bank account in Thailand? So far I was rejected at 2 branches (Kbank and Bangkok Bank)
Answer summary
Opening a bank account in Thailand can be challenging, especially for those holding a DTV (Digital Nomad Visa). Most commenters agree that it is nearly impossible to open a traditional bank account under this visa category. However, there are alternative solutions such as using apps like True Money or Wise for local transactions without a Thai banking account. Some contributors mentioned the necessity of having a Thai marriage or property ownership for easier banking procedures. Overall, traditional banking options are limited for DTV holders, while digital alternatives are increasingly viable.
27 repliesnewest first
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John *********
A friend of a friend in the MFA said they’re going to revise the DTV program.
Ultimately making Workcation easier and Soft power harder to maintain.
Even pre book in-country renewals so you appear in person and spend 30 minutes tops at immigration. Everything else is digital. Only appearing for a recent photo and the stamp.
Banking to be included with a Thai driver license (even temporary) plus a resident certificate.
Priority immigration at all airports.
Sundays half price BTS before 5pm. Weekdays Thai admission price to national parks with an accompanying Thai.
No taxes on first $100k earned per year and then 10% up to $500k
Free repatriation of remains if you choose cremation.
Can buy land and own it until death if Thai nominee appointed as inheritor.
Ultimately making Workcation easier and Soft power harder to maintain.
Even pre book in-country renewals so you appear in person and spend 30 minutes tops at immigration. Everything else is digital. Only appearing for a recent photo and the stamp.
Banking to be included with a Thai driver license (even temporary) plus a resident certificate.
Priority immigration at all airports.
Sundays half price BTS before 5pm. Weekdays Thai admission price to national parks with an accompanying Thai.
No taxes on first $100k earned per year and then 10% up to $500k
Free repatriation of remains if you choose cremation.
Can buy land and own it until death if Thai nominee appointed as inheritor.
Ossie *********
Open a wise account or download TagThai you don’t need to have a Thai bank account to live in the land of smiles
Harry *********
@Ossie ********
Hi tag Thai ????Ossie *********
@Harry ********
it’s an app download it Kasikorn Banks support it
Andi ***********
@Harry ********
The app name
Anonymous ******************
I think everything is possible in Thailand if you pay enough 💰
Thai ************************************************
You can’t open a bank account on a DTV Visa.
Anonymous ******************
Anyone with DTV, I would recommend True Money, can easily top up at 7eleven. Can do most of the local payments and also it provides a digital master card to do local online shopping.
John **************
I was looking to open a Bank account, & i could of secured one with BKK Bank many moons ago *but had to purchase Insurance so was 8k in theory as I didn't need the insurance etc...
So in a way I'm glad I didn't open one as chances are they may well of Shut it down by now....
Between the use of :-
Wise
Revoult
Moreta Pay (Scan App)
True Money Wallet
I don't see the point or use of a Thai Bank Account anymore there's hardly any great benefits at the Moment and with them Shutting & blocking the use of accounts so often lately & more risky....
Yeah I almost Detest paying the 220b withdrawal fee to Get cash but seriously limit that to emergencies etc...
I usually send a Friend with Thai Account 15,000-20,000b a Month to give me cash or Via ATM code for cardless withdrawal....
Peace 😎🙏🏾
So in a way I'm glad I didn't open one as chances are they may well of Shut it down by now....
Between the use of :-
Wise
Revoult
Moreta Pay (Scan App)
True Money Wallet
I don't see the point or use of a Thai Bank Account anymore there's hardly any great benefits at the Moment and with them Shutting & blocking the use of accounts so often lately & more risky....
Yeah I almost Detest paying the 220b withdrawal fee to Get cash but seriously limit that to emergencies etc...
I usually send a Friend with Thai Account 15,000-20,000b a Month to give me cash or Via ATM code for cardless withdrawal....
Peace 😎🙏🏾
Pete *******
You cannot open a bank account on a DTV.
Jef ********
The only way you will get it on a DTV is by Thai marriage and or condo ownership. Even then it will be tricky
Anonymous *************
OPthis is the point, to buy a condo it would be useful to have an account in thailand.
Anonymous *************
OPthanks!
Jef ********
Anonymous participant yeah so buy a condo , get the necessary paperwork then you will have about. A 90% chance of getting and account.
You won’t get one before , since buying a condo as a foreigner is under a “foreign investor scheme” meaning the money has to be paid to the owner from an offshore account and to have the condo transferred to your name you have to prove the money was sent from overseas eg letter from you home bank, letter from receivers bank.
You can’t just save 3 million baht in a Thai bank and then go buy a condo.
Hope that makes sense !
You won’t get one before , since buying a condo as a foreigner is under a “foreign investor scheme” meaning the money has to be paid to the owner from an offshore account and to have the condo transferred to your name you have to prove the money was sent from overseas eg letter from you home bank, letter from receivers bank.
You can’t just save 3 million baht in a Thai bank and then go buy a condo.
Hope that makes sense !
Anonymous ******************
@Jef *******
no you can buy cash.My foreigner friend paid cash and bought it
Delfina *********
Your visa is a tourist visa , come and go ecery 180days , with foreign funding .no bankaccount for tourist
Anonymous ******************
It's pretty unlikely you'll open an account with a DTV.
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