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Answered4 years ago

How can tourists open a bank account in Thailand, and do they need a guarantor?

Kris ***************
asked Jan 26, 2023
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How will I be able to open a bank account in Thailand as tourist? If needed a guarantor, is there a way to find a guarantor for me to open an account?
Answer summary
Opening a bank account in Thailand as a tourist has become increasingly challenging. While it is still possible, tourists may face difficulties without the proper documentation, such as a residence certificate. To obtain this, tourists need to ask their landlord or hotel for a certificate, then visit an immigration office to procure it, usually incurring a small fee. It is suggested to approach larger banks or branches, particularly those in expat-friendly areas or malls. Additionally, some users recommend using an agent to facilitate the process, especially in Bangkok where the situation has gotten tougher. If a guarantor is needed, having a Thai friend with significant deposits at the bank can be beneficial.
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Glyn **********
Glyn **********
I did it on a tourist visa two years ago. I provided proof of residence from a condo hotel and went to immigration for a 500 baht letter. Took the paperwork and my passport to the Bangkok Bank at Bluport and opened an account.
Hillbarn ********
Hillbarn ********
Christian, would I physically need to come to Pattaya to renew a non-immigrant-o?
Mo ********
Mo ********
I opened a bank account today at Bangkok bank branch in Phuket with tourist visa.

Here’s the steps I followed:

Step 1 - tell landlord (or hotel) that you need a resident certificate. They will give you a piece of paper and report to immigration that you are staying there.

Step 2 - Go to immigration office with the piece of paper from your landlord + passport and pay 300 THB to acquire resident certificate.

Step 3 - Go to bank with resident certificate and passport. Then inquire about opening bank account.

Step 4 - Fill out paper work, pay for 1-year accident insurance (they made me pay 5900 THB at bangkok bank), pay for debit card (599 THB) and deposit minimum 500 THB into your new account.

Step 5 - Download app on your phone and receive debit card.

Important to note that you must have a thai phone number to open your account.

Hope this helps ✊
Brook ********
Brook ********
@Mo *******
you got raped without lube.
John **********
John **********
@Mo *******
that was pricey
Chris *******
Chris *******
Due to serious influx of people trying to obtain accounts it has become very difficult (near impossible is some cases) to open as a tourist without a longterm visa.

The easiest path is through an agent at this time.
Paul *******
Paul *******
Should be easy to do at the Bangkok Bank head office or even an expat friendly branch somewhere like Pattaya
Bob **********
Bob **********
Agent
Alistair **********
Alistair **********
Get a residence letter from immigration or your embassy if they provide it. If in Bangkok you won't be able to get one till you do a 90 day report. Otherwise just pay an agent it's 5000B in Bangkok with Siam Legal.

It's a lot harder to open one as a tourist than say 2+ years ago. If you can't get the required docs, just go the agent route (in Bangkok at least)
Dennis **********
Dennis **********
Bangkok Bank in Central Festival will do it
Phil ******
Phil ******
@Christian ********
yes you can open a savings account with Bangkok bank. Follow the directions on their website
John **********
John **********
If you need the account for a visa it may be worth explaining this to them
Paul *******
Paul *******
Yes it will help tea. However, it's not necessary to explain that if you open an account at the head office branch or a branch in expat friendly areas such as Samui, Pattaya, Phuket and Krabi
Chris ****
Chris ****
@John *********
not in the slightest will that help.
Russell *******
Russell *******
You just need a letter of residence , which you can get from immigration .
Julie **********
Julie **********
@Russell ******
exactly. We did it in the summer. Easily done.
Braulio *********
Braulio *********
Go to the bank with a Thai friend that has large deposits with the bank.
Nick ************
Nick ************
It's a long slog but try the bigger branches outside shopping malls. A few thousand baht to pay in might help. Keep going until you find one. I found Krungsri the most helpful.
Damian ******
Damian ******
***********************************************************************************************
Scot *******
Scot *******
@Damian *****
- does the 50k baht limit apply to just wise transfers, or does it apply to swift transfers as well?
Damian ******
Damian ******
@Scot ******
50k Baht limit is only for wise. I believe that 800k Baht should be possible to transfer by swift, but I don't know all regulations of the bank.
Damian ******
Damian ******
Scot *******
Scot *******
@Damian *****
- OK, so just to verify, 800k baht can still be transferred into a krungsri account by swift? There have been people here in the past who have said that was also limited, which did seem ridiculous.
Donna ***************
Donna ***************
@Damian *****
this is an excellent read
Brandon ************
Brandon ************
You should use the search feature as this has been asked 100 times.

But it's more and more difficult to open a bank account on a tourist visa. You're probably going to have to pay an agent or buy an insurance policy from the bank (3000-5000₿)
Frank **********
Frank **********
@Brandon ***********
what kind of insurance policy is it of? And is it worth it?
Peter *******
Peter *******
@Frank *********
health insurance
Kim *********
Kim *********
@Frank *********
I opened an account in Bangkok Bank 3 years ago - the insurance for which I paid 5000 baht f

was a health insurance valid 1 year
Brandon ************
Brandon ************
@Frank *********
I'm not sure. It's mostly just so they get the commission and open the account. I've heard many people mention it but never done it myself
Frank **********
Frank **********
@Brandon ***********
okay. I was just curious about it. Thanks.

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