What are the banking restrictions for foreigners in Thailand, particularly with Krungsri Bank?

Been in Thailand for 7 years. I have numerous bank accounts but I changed my visa as I work from home now and they dont even want to renew the accounts without a work permit. Things are becoming very difficult.

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 reluctant 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.

9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?

I took international option with my French bank. I don’t need their banks anymore

Since when? This is nonsense

I had similar experiences of plain disrespectful behavior from KrungSri employees (in several branches all across Thailand). I would say they are the most unfriendly, unprofessional bunch of people I have met in Thailand. Eventually I just had enough with their BS. KBank has been a breeze... should have changed earlier.

So how, exactly, will this bank prevent people from sending you money?

I use my Bangkok Bank account all the time and when a group of friends go out, if we’re splitting the bill, sometimes I’ll pay it then my friends use my QR code to send me their contribution.

I don’t think the bank could stop that if they even wanted to, which they don’t.

I've been a KrungSri customer, Ploenchit branch, forever... never had any issues at all, ever.

Madness, ignore that, no way can they dictate this type of restriction.

Tell Krungsri bank to eat dirt. Get a Bangkok or Scb and just do your thing.

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 reluctant 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.

9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?