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Answered2 years ago

What are the current issues regarding bank account requirements for expats in Thailand?

Frank **********
asked May 10, 2024
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Answer summary
The conversation revolves around the challenges expats face regarding Thai banking regulations, particularly in the context of obtaining long-term visas. Commenters express frustration over the perceived inconsistencies in requirements, noting that wealthy individuals want to invest in Thailand, which could benefit the economy. There's a discussion about concerns over criminal activities, suggesting that the stringent rules may be influenced by issues like money laundering, yet some feel these rules adversely affect honest expats.
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Damien ********
Damien ********
This is about criminals opening multiple bank accounts Using different people to launder money

Not relevant

Stop with the fearmongering !!
Damien ********
Damien ********
Yeah , Frank , why don’t you tell us jaywalking is illegal

It’s a fact !
Frank **********
Frank **********
OP
@Damien *******
what's your problem? If you don't like the post that is fine. Maybe other people are interested in knowing. Either way I am done with this conversation.
Damien ********
Damien ********
@Frank *********
your right

Im wrong 😑 again !
Frank **********
Frank **********
OP
@Damien *******
be quiet. I am just posting an article, let people decide if it pertains to them or not. It is not fearmongering, it is presenting factual information.
Chris ********
Chris ********
I'm posting this before I read the article. I'm going to guess they're going to make the banks adhere to ONE set of rules for opening an account!

Edit - Nope!
Bart **************
Bart **************
Then they shouldn't require it at the same time for getting various long term visas. It's either/or, you can't both forbid and require the same thing.
Jo **********
Jo **********
completely ridiculous there are 1000s of honest people coming here to retire or to live

with there spouse. It’s already difficult enough. Some people are quite wealthy and want to put there money here what’s the problem. This money helps the economy. What disgusting and stupid
Peter *****************
Peter *****************
100% agreed

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