This is NOT an official government website. We are an independent resource providing information and assistance to travelers.

Should we each have our own bank accounts or a joint account for our retirement visa in Thailand?

Apr 14, 2025
2 days ago
Vincent *********
ORIGINAL POSTER
Ok, I'm pretty sure thus is what we need to do. We are slowly getting things ready to retire in Thailand. I know we each need our own bank account with 800000tbh each. But I would think we would want a joint account in Thailand to use. So would you recommend us having our own accounts to satisfy the visa needs and keep them over 800000k or just have 3 accounts? Especially knowing it's getting a little harder to open bank accounts
1,580
views
2
likes
50
all likes
32
replies
0
images
15
users
TLDR : Answer Summary
This discussion revolves around the requirements for banking in Thailand while preparing for retirement, particularly concerning the need for an 800,000 baht balance per person for visa purposes. Users share experiences regarding the practicality of joint versus individual bank accounts, with some recommending individual accounts due to challenges with joint accounts, while others express concern over accessibility for surviving spouses in the event of one partner's passing. There are also comments addressing the difficulty of opening bank accounts on tourist visas and the importance of maintaining the required balance for visa compliance.
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.
Ray ********
With 2 individual accounts, what happens if something happens to one spouse does the surviving spouse have access to his or her money . Not sure how laws in Thailand works
Vincent *********
ORIGINAL POSTER
@Ray *******
not sure? I've heard it's good to have a will drawn up in .y own country US as well as one in Thailand. To CYA
Tony **********
Just use 2 individual accounts. You can easily move money between then to balance out your spending. Just ensure you stay with the minimum balances and/or shoe the 65k foreign deposits every month.
Mark *********
your ability to stay in the country depends on your having a perfect record of 800,000 baht or more. how critical is that money to you? why would you monkey around with your right to stay in Thailand? I have three accounts one that I bring overseas money into, a second that extra money goes into that I do not allowed to be accessed for small purchases and a third which is my daily scan account that I used to pay bills and transportation expenses etc
John ******
Me and my English wife opened joint SCB account 2019 on a 0/A visa from Uk then changed to 0 visa a year later we always used this account for immigration money 1,600

1 million six hundred thousand left in all year round no issues with immigration.
Peter *********
All individual accounts
Greg *********
I believe it has to be your own account to qualify, not a joint account.
Kim **********
So I’ve read it’s super hard to open a Thai bank account and you basically cannot on a tourist visa. How do you open a bank account to show proof of money for the visa without having the visa to open an account
Mark **********
@Kim *********
It's "super easy" if you do it through a "Wink wink nudge nudge" agency that bribes bank staff. Just go to any "Visa Agent".
Albert ********
@Mark *********
I’m paying an agent. I’m just wanting to avoid filling out paperwork. I had a stroke and I write like a 5 year old now. Barely legible as far as I’m concerned. Compared to my very neat writing pre stroke.
Peter ****************
@Albert *******
Oh, sorry to hear. There are 2 kind of agents/agencies if you know what I mean. There is no problem using one if you can fulfill all requirements you need for y'r imm. Better go for the legal path, otherwise in future you can run into problems. Good luck !
Vincent *********
ORIGINAL POSTER
@Kim *********
we are planning on getting our 90 day visas before we leave the US.
Michael *******
@Vincent ********
get the O-A retirement visa before you leave, needs proof of funds, medical cert, police clearance certificate and health insurance (Axa offer a good product here reasonably priced, designed for visa purposes - has a high excess/deductible so not ridiculously expensive)
Karen ****
@Vincent ********
as
@Peter ***************
said, Kasikorn Bank wanted to see our certificate of residence in order to open our bank accounts. We are currently staying at an Airbnb for a little over a month and the owner very kindly drew up a rental agreement and TM30 paperwork for us which we were able to submit to immigration for them to issue the certificate. We also needed to present to immigration copy of the property owners passport (since he is Finnish and not Thai), copy of his drivers license (front and back) and although they asked for the blue/yellow book, they still issued the certificate after we said the owner didn’t have one. If the property is owned by a Thai local, I imagine this would be required. With all the paperwork, the whole process of getting the resident certificate and opening up three bank accounts (two individual and one joint) was very easy. One advice, be sure to check your English information (name, birthdate) on all official docs as the bank spotted a spelling error on my doc and I had to go back to immigration to correct. Good luck!
Peter ****************
@Vincent ********
Also a "Certificate of Residence" from imm. you use, helps a lot for opening an account with the non O visa. The only thing I read that some imm. offices ( E.g. Bangkok) issues this only after a first 90 days report. So then you cannot get one there. Just ask the imm you gonna use for y'r year extensions. And for 2 separate bank accounts, with both the app installed, you could share the login data/pin.
Graham ******
@Peter ***************
Bangkok Immigration have dropped the 90 day report requirement
Peter ****************
@Graham *****
AHA. Well, not relevant for me but nice to know. Thanks ! 🙏
Albert ********
@Vincent ********
I thought it is 60 day visa exempt status (depending on your country of origin) and you can get a 30 day extension?
Vincent *********
ORIGINAL POSTER
@Albert *******
not getting visa exempt. Going to get retirement visa here prior to leaving
Albert ********
@Vincent ********
ok . I’ve just have never heard of a 90 day visa for retirement. I’m on a path to a retirement visa too and wasn’t sure if it was something I hadn’t researched.
Peter ****************
@Albert *******
Bit off topic but official it's called a NON Immigrant O. Then there are a lot of reasons you can choose. Most are for retirement or mariage. Nowadays it's always 'single entry'. (Before there was a multy entry, but think they don't have it anymore). So, this visa is valid for 90 days. If you come in in Thailand within de dates mentioned on the visa, you can stay for 90 days in Thailand. Most people with retirement (older then 50 years), buy this visa in their home country. And then go for a year extension (so no visa. visa is void/used) After you come in, try to open a bank account as quick as possible for sure if your Embassy not hand out an income statement (then you can use that with proof of 65k฿-plus each month). Then you put 800k฿ in that bank account 2 months before you go to y'r immigration. When you fulfill all requirements, you get the year extension. You have to repeat this every year. When you want to leave and come back in a year you need a re-entry permit before you leave to keep the year extension alive.
Chris *******
@Kim *********
you enter with the visa from outside.

OR you pay an agent.
Michael *******
Joint accounts here are a pain, we tried it with BKK bank, could not get online banking despite them telling us it was ok, and anytime you need anything done you both have to trek down to the branch - moved to individual accounts with SCB and a pleasure to deal with and good on line app……..
Joseph *******
@Michael ******
Strange. My Thai wife & I have had a joint account with Bangkok Bank Udon Thani since 2004 & never had a problem. I think times must have changed a bit …
Michael *******
@Joseph ******
my wife is Singaporean, two farangs have no rights here and banks a especially paranoid
Vincent *********
ORIGINAL POSTER
Michael *******
2.5% interest before tax but important you specify Easi pass or they will give you a big standard account with little interest…
Michael *******
If you are keeping the 800k in either or both accounts for visa purposes , SCB offer and Easi Pass account, offers 25
Peter ****************
What I read is that SOME imm. offices accept a total of 1,600,000฿ for 2 persons. But I think it does not have an advantage. This also if one should die, in Thailand, they can block the account untill it's clear who are the heirs.(e.g. family, married, a will).
Tom ***********
I opened a BB joint account but they would only issue a Debit Card to me and not the wife.
Dave **********
@Tom **********
one card per joint account
Tom ***********
Thai Visa Advice and Everything Else
... members · 60% approval rate
The Thai Visa Advice And Everything Else group allows for a broad range of discussions on life in Thailand, beyond just visa inquiries.
Join the Group
Thai Visa Advice and Everything Else
View the Conversation
Thai Visa Advice and Everything Else