Pretty hard now but the new rules are asking for even more checks on opening a bank account from next month.
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TLDR : Answer Summary
Starting next month, new regulations in Thailand will impose stricter checks for opening bank accounts, particularly aimed at preventing scams. Banks will be required to verify applicants against lists of known scammers and mule account holders, a measure designed to protect customers and hold banks accountable for refunds in case of scam incidents.
Nothing new to affect normal people here. The only thing this article says is that banks must check people applying for an account against the blacklist of known scammers and mule account holders. If they weren't already doing that, they will do it now because they banks will be responsible to refund scams if they don't check
What do you consider "normal people"? Aren't most DTV users normal people? Then why do so many get denied when trying to open an account?
Rico ***********
Anonymer Teilnehmer 305 DTV is a tourist visa, and Thais wonder why a tourist would need a bank account—that's the main issue. The law requiring banks to compensate victims of scams might also be a contributing factor.
stating it was urgent I go to a branch and update my information. I went, had to fill out all new paperwork, check that my phone number was still the same. Took copies of my current visa and lease and I had to prove my identity with 3 pieces of ID. Passport, USA drivers license and birth certificate. Bank account is now secured.
As long as everything aligned then I doubt they will. I see 2 items to align 1) The CRS reporting so where are you tax resident and the TIN or reason for not having one. 2) a single validated mobile device and Sim against your passport. They seem to have gone quiet on number 1 and focus on 2 at the moment
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Greg ********
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Expat **********
Very good news. Far too many people losing money through scams here.
Yes, related to online scams and call centres mainly. They need mule accounts to transfer money through. One way they can then launder funds is to buy properties and rent them to tourists.
It's called a mule account, and the concept involves using someone else to hold your money. There's not much difference from your idea in terms of legality. You may use it for legitimate transactions, but you're still using someone to do it when you shouldn't.
So no online banking or payments etc. All you want is an ATM card. Might be cheaper to just take 30k out at a time on home card and swallow the 220 Baht charge.