How can I successfully open a bank account in Thailand with an O-A visa?

Jul 20, 2021
3 years ago
Jess ********
ORIGINAL POSTER
Looking for help please, trying open a Thai bank account . Seems like im.getting the run around at these Thai Banks. I have an O-A visa , went to SCB and told me i had show that i was retired and i explained to them its a retirement Visa. They said it wasnt and wanted something said retirement on it. Any suggestions or ideas . Thans for any help
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TLDR : Answer Summary
The post discusses the difficulties faced by an expat trying to open a bank account in Thailand with an O-A visa. The individual encountered problems with banks, particularly SCB, which did not recognize the O-A visa as a valid retirement status. The comments provided various suggestions, including trying different banks and branches, obtaining a residence certificate from immigration, and the importance of bringing cash or a Thai partner for assistance. Many users shared their experiences with banks like Bangkok Bank, Kasikorn, and Krungsri, noting variations in acceptance and requirements.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Garrett ********
Each branch for each bank can be different
Joe ************
Maybe you could find an agent.Some Visa agent can help you to open an account.
Colin ********
Kungsri or Kasikorn are best. Easy and no hassle. They are also the best for transferring out.
Nils *****************
Krungsri bank
Mitchell *******
Keep searching. K bank and Bangkok Bank seem to be the most accepting, from when I did my research.

When I did mine (Bangkok Bank), I just took my Thai gf, about $500 USD to deposit, and my passport. They checked my passport to see how often I actually travel to Thailand, since I didn't have an address other than my gf's.

The only other thing they wanted was a foreign account from where most of the funds would come from
Mark ***********
Always ask for the manager, when a peon says no. Work your way to the top. When they say no to me, I tell them that NO is not what I do. And since you continue to say only NO, find me someone who can help me. Preferably YOUR boss.

Unfortunately, no is part of the underling culture here. Do not accept it. Give them a very, very hard time. Do not be nice, once you start getting the No, No, No. I really make them suffer. I do not let it go.

I cause embarrassment, grief, suffering, agony, regret and misery. I heap it out. And it not only works, but it might make them slightly less arrogant, next time.
Jean *****************
Go another bank.. Bangkok bank is easy
J ******************
Sounds a bit of a hassle keep trying at different branches , one of them will 👍, In Prasat once I was even given a cup of tea cake or sandwich + only opened with 500 baht 👍💥

- 👊💯🇦🇺🤠
J ******************
@Jess *******
- Ive been asked for marriage certificate + work permit , I find every 3rd Branch will , Siam Bank are pretty fair 👍 , but the way they are running the country now ‼️💥 anything possible over there now -

👊💯🇦🇺🤠
Jess ********
ORIGINAL POSTER
@J *****************
yeah it hassle. You would think to be happy to let me transfer money to a Thai bank account . So I can spend money in Thailand. It's not like it's going gang busters here
John **********
I opened a BKK account on a tourist visa. Easy peasy took about 20 mins.
Jess ********
ORIGINAL POSTER
@John *********
what documents did you have other than a tourist Visa? Did you have a rental lease agreement ?
Jess ********
ORIGINAL POSTER
They didn't consider my O-A as a retirement viss
Jess ********
ORIGINAL POSTER
Been 2 banks they wanted a letter from the embassy was at one bank and other wanted something stating I was retired
Jess ********
ORIGINAL POSTER
Proof of income like a bank statement or your retirement account like a 401k account ?
John **********
@Jess *******
. I just showed them visa. And i wrote down address of hotel i was staying at. Also showed proof of and out of country income. I later updated my address when i started renting a house
John **********
Maybe get the hotel or where ever you are staying type out a letter just incase. Maybe benifical.
Anthony ********
Bangkok and kasikorm jo
Helio *****
Anyone opened a bank account with Bangkok Bank in Phuket on tourist visa? Thanks
Kristen ********
@Helio ****
Did you have any luck opening an account? We are heading to Thailand in another month hoping to open an account in Phuket and wondering what we need to show? Thanks
Kristen ********
@Helio ****
thanks so much! Appreciate it as it is somewhat confusing!
Helio *****
@Kristen *******
yep, very easy, get the place you stay to register you and then go to immigration office to get a residency paper - with that paper and passport go to BB branch in Karon and ask to open a savings account. They will try sell you insurance but you say you don't need it. That's all. Let me know :)
Helio *****
Any recommendations in Chiang Mai? (On Tourist Visa) Thanks
Ivan ************
@Helio ****
it should be unless something has changed recently.
Helio *****
Ivan ************
@He***
the branch in Kad Suan Kaew is helpful to foreigners. You need a residence cert from immigration or via an agency.
Helio *****
@Ivan ***********
thanks. Will it be okay to open on a tourist visa?
Ricky *********
I read all the answers with interest since your situation illuminates a glaring gap in the Thai "retirement" visa process. The bank is following the law, they are NOT permitted to open an account unless you have the visa. The fact that you need the account to get that visa is not their prob -its the govt's.. whiich means 'its our problem"! Youtube has vids of lawyers talking about it. According to my research, your other comments are right: keep going from branch to branch.
Casa ********
I had similar problem opening with other banks while SCB Exchange Tower Branch near Sukhumwit BTS, Bkk opened immediately!
Melanie ***********
Kasikorn no problem.
Karim ***************
Go krungsri like everyone is saying.
Chester ********
I went BKK bank.. 25mins had card and online everything done
Jess ********
ORIGINAL POSTER
@Chester *******
i just came from their , no luck . Went to currency exchange first. Then i want to open a bank account . They want something from Thai embassy saying i am retired
Jess ********
ORIGINAL POSTER
They want a document
Robert ******
Had exactly the same problem with SCB, went next door to Krungsri and 30 minutes later had a bank account 🤷‍♂️
Jeffrey ************
Go to kasikorn bank...
Andrew ********
Go to a Kasikorn main office thats what I had to do. It was easy there. No bulshit.

Small branches are unsure what to do so make up any old excuse to not do it.
Frank ******
Go Bangkok Bank Solon HQ bring passport ‘, lease or proof of where you reside,?takes 15 minutes and ton of signatures on paper need 500 baht deposit ( not fee)to open initial account
Jack ******
I went to Krungsri when all I had was the Visa-exempt stamp in my passport, they hesitated until I said I needed an account to qualify for the retirement Visa. As soon as I said 'for retirement Visa' they were happy and opened the account.
Graeme **********
Krungsri is good. Never had a problem opening and account with them on Non OA
James ***********
Never had a problem with krungsri I agree

Keep trying
Duncanc **********
Just speak to somebody else
Mike *******
I just opened Bangkok bank yesterday in Pattaya, took all of 35 minutes to complete and now I have a Thai bank account 😁 I just showed my Passport and 45 day tourist visa.
Helio *****
@Mike ******
that's great. It always depends on the branch so if one doesn't do it try next one
Nick *******
@Mike ******
Which branch did you go to?
Mike *******
@Nick ******
Hi Nick.. I just sent you a PM...
Dale *******
walk into a bank with a brown paper bag full of cash and drop it on the counter. They,ll come a runnin. Worked for me at Krungsri bank
Ricky *********
@Dale ******
Hi, I'm sure you are a nice guy but..FYI: It is my instinct..as an Italian-American from Queens, NY to rob anybody near a bank with a paper bag. You see, paper baggers can't run to the police! -every inner city kid worldwide knows that!
Tony *******
@Dale ******
cash is always a door opener
Incognia **********
@Dale ******
i liked your solution 😁
Paul ********
There is no such thing as a retirement visa it’s an extension of stay so people keep telling me
Frédéric ******************
David Broadfoot if you are in Thailand and you can't work in Thailand, you're not working. Remember those laws were made in the 60s when internet didn't exist and traveling wasn't so easy.
John ******
@Paul *******
if you meet the credentials you get a retirement visa I've just done one
Paul ********
@John *****
you have an extension of stay based on an o’ or oa’ status. So I’m told. Mine say retirement on the stamp but people say otherwise
Frédéric ******************
@Paul *******
So does mine
Dale *******
David Broadfoot correct, I've been on a non O retirement extension/ visa for 6 years and still work offshore
Frédéric ******************
@Dale ******
Of course, in reality you can work because you bypassed the aim of the visa, the spirit of the law.
Dale *******
@Frédéric ****************
didn't bypass any laws, I am over 50 with the correct amount of cash in a Thai bank account.
Frédéric ******************
David Broadfoot There is a requirement that you will not work, making you a de facto retiree.
Bobby ********
David Broadfoot. Correct. It's a bit of a misnomer. Officially there's no "retirement" visa, although many immigration offices refer to it as such.
Bobby ********
Paul Durkan. It's an extension of stay based on a retirement visa
Frédéric ******************
Technically, if you quit working to be indefinitely on leisure, it's retirement, even if you aren't entitled to a pension. You retired to live in Thailand.
Steven ********************
I found kasikorn the best
Bob **********
If your from the USA try a different bank they don't open accounts for us
Jess ********
ORIGINAL POSTER
@Bob *********
yeah i know , went to 3 banks already , no luck yet
Frédéric ******************
Frédéric ******************
Sometime a little gift and a dinner at your place can help 😘
Incognia **********
Frédéric ******************
Frédéric ******************
Here is the KEYWORD
Frédéric ******************
Snow them the web page of the Thai Ministry of Foreign Affairs

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Jonas *************
Bangkok banks in Bangkok. You need a "proof of address", the easiest is to get that from your embassy. They also require that your passport is certified by the embassy.

You'll get full account, ATM card w visa debit built in. Done in 1h. Internet banking etc.

I tried other banks and branches and they were all impossible in silom/Sathorn area.

Banks in malls may be closed as of today....
Nick *******
Not an expert here but have been investigating this visa as I’m also looking to stay long term in the near future.

My understanding is that the ‘initial’ OA visa is a multiple entry long stay visa. After ‘one year’ you apply for an ‘extension’ based on ‘retirement’. Could that be the issue??

Happy to be corrected if wrong as this information will be of help to me in due course.
Rick ********
I love my Krungsi Bank in Rawai (across from Bank Bar). Never a problem, always helpful!
Wyn **********
Kasikorn bank with visa and certificate of resedency
Prince *******
@Wyn *********
same with Bangkok Bank
Brian ***********
Go to krungsri no problem
Malcolm *************
You don't even after living Thailand to get a Thai bank account you just need an address.
Ian ***********
Try Kasikorn. Very switched on usually
Jeffrey *********
@Ian **********
Yes, Kasikorn usually insists on a "retirement visa", but they seem to have a binder for staff with examples of what falls under that category - including the OA that the OP has (since it doesn't have the word "RETIREMENT" stamped on it the way an extension does).
Bobby ********
I'll wager you didn't take a Thai person with you?
Bobby ********
David Broadfoot. They seem to be. There's been a lot more reports lately of people finding it hard to open accounts. I don't know why, you'd think banks would be happy to take care of foreigner's money.
Jess ********
ORIGINAL POSTER
@Bobby *******
yes I did, and she had a bank account at the banks I went to
Chris *******
@Jess *******
if you are in bkk, go to head office bangkok bank on Silom, they are counters for foreigners
Bobby ********
Jess Arnett. I had no problems with either SCB or Bangkok Bank taking my lady with me to do the talking.
Jess ********
ORIGINAL POSTER
@Bobby *******
Yeah I understand , tried that route so far no luck. Thanks
Jess ********
ORIGINAL POSTER
Going to mall Saturday , they have 4 or 5 banks their
Jeffrey *********
@Jess *******
If you're in Bangkok or any other dark red area, I think bank branches in malls have been closed under the latest order.
Bobby ********
Jess Arnett. Wow! That's unusual. Take her to Bangkok Bank.
Garrett ***********
Use this branch

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Tony ***********
Went to Bangkok bank. Got on an a tourist visa. Had to goto immigration and get a paper that explained i wanted to open a bank account. Cost 200b. Then took that to bangkok bank... and they did it for me. Was pretty simple. Alll the other banks said no to me. Might be different for you since different visa but i would assume its easier.
Ricky *********
@Tony **********
Wow! Finally an answer. Two lawyers I talked to do not know this. Thanks. I'll try going from branch to branch (old school + love riding my mtn bike in Phuket & banks are ice cold). If that doesn't work I'll go to immago. If you could list the exact name of the required document, I'll ask the admin to pin it.
Ivan ************
@Carlo ***********
the doc needed from immigration is a residence cert. Bangkok immigration won't do this until after a 90 day report, if in Bangkok need to get from your embassy instead. Other immigration offices may do it.
Ricky *********
Tony ***********
@Carlo ***********
im off to immigration in a cpl days. Ill get the exact names. And mention it here.
Jess ********
ORIGINAL POSTER
Tony ***********
This was in pattaya at central
Peter *********
Try UOB bank very helpful
Danielle ********
Each branch can be different… I opened an account at Bangkok bank after two branches said no, go to a major branch
Jess ********
ORIGINAL POSTER
Yeah
Roger *********
I had same problem with my father

A couple of years ago

First then manager come & just point on the visa for SCB staff

Then it was accepted 🤣🤣

Or another company

Try another office
Jess ********
ORIGINAL POSTER
Yeah hand some cash one all in dollars but never got that far 😂
Gary ********
Walk in there with a Handfull of cash in your hand there be someone who will help you
James **********
Just try some other banks and other branches. Or a visa agency will be able to help you for a fee
Jonas *************
12K they want just to open bangaccount, not worth it

My it's frustrating when so many banks say no.
James **********
Its still worth trying different branches for the same bank. You say you have a retirement visa , I dont understand why you dont already have a Thai bank account
Jess ********
ORIGINAL POSTER
@James *********
O-A retirement Visa from USA
Steve *******
@Jess *******
Many people call the OA a retirement visa, technically it's not as you dont have to be retired to get one.
Jess ********
ORIGINAL POSTER
@James *********
just got out of ASQ just retired to Thailand
James **********
@Jess *******
So that tells me you dont have a retirement visa
Jess ********
ORIGINAL POSTER
@James *********
tried two banks so far the yellow bank and blue bank so far. Visa agency would do it for free?
Steve *******
@Jess *******
"visa agency would do it for free?" Is that a serious question?
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