What provisions exist for accessing the bank account of a retirement visa holder in Thailand after their death?

You will need a separate will in Thailand under thai regulations for all your Thai assets, with a will it's hard, without a will its probably nie on impossible. My Thai wife was a widower to a Thai man with a will, and still it was very hard for her

I have a will and I also gave my executor my password and he can get my card out of my wallet, and I wrote a letter that says it he is allowed to use my ATM

POD on bank account

Something else to keep in mind (and others may correct me here), but as I understand it, you need a will in each jurisdiction in which you have assets, ie, a will drawn up and recognised in Australia will have no legal bearing on assets in Thailand, even if they are specified in that will.

It will be lost without a Thai will

Make a will for all your Thai assets. I've done that and my son is the executor and sole beneficiary of everything here in the event of me throwing a double 6 !!

I did a fair bit of research and was informed that, as a Canadian citizen, an English holographic will, dated and signed by two witnesses (including their printed names, passport numbers and countries of origin) is also acceptable in Thailand. If this is incorrect, please advise, thank you.

A friend passed I was his executer of his Thai will in short it was a nightmare handling his estate everything was left to a thai family however that did not help in any way ! To get the money out of his Thai bank you have to get a lawyer who then has to go to the law courts for a judge to sign a document in order that the bank releases the funds to the estate it takes many months and is costly . Because of all the hassle I no longer keep a large amount of money in my Thai bank I use an agent the 800k is now in my home country earning interest which is enough to pay my agents fees I’ve been doing this for the past 6 years with no issues note the 800k cannot be held in a joint account so even if your married to a thai she would have to go through the courts the only other option which is a possible criminal action is having the deceased card number and withdrawing money from an ATM over a period of time

With a 90 days non-o visa you can open a bank account..

Once iam gone my thai wife gets it in my will

My Thai wife and myself have both done will .

Whilst living in Thailand, I had the 800K/Baht seasoned in a FCD account at the Bangkok Bank.

In the mean time, I made a will and the Bangkok Bank received a copy of my will stating that in the event of my death the funds (FCD and current account) would be inherited by my daughter.

Completely legal and accepted by the Bangkok Bank.

Of course like everyone said a will. Personally for me I will be gone and I would never know.

After the death of a foreigner, all accounts are closed within 3 hours. Also the ATM cards a blocked. After 3 years the money go to the bank. The last will is necessary.

The Thai gf will get the lot

There's a self made will document does the rounds on FB. It's title sums it up for me.

"Flick it I'm dead it's your problem now"

The executor of the Will needs to be appointed Estate Administrator by the relevant Provincial Court. This process can take about 3-4 months. Once this has been done, you take the documents to the relevant bank and they will release the funds to you.

The 800k are always in your personal possession (bank account) so they will be part of your last will according to Thai law.

Where’s there a Will there’s a relative

The real life answer is it will cost family more and suffer migraines than the $20,000 they seek to recover. If a family member has physical ATM card then they will just withdraw max each day.

Aarif Meghani do a will mate.

Dtv just.needs $500,000

No agent does bank accounts anymore

Living will and will on death, living will if your incapable of attending bank, give power of attorney to who is listed

Have a will in Thai for Thailand and a will in your home country for assets there.

I watched a video clip a month or two ago on FB.

The law firm is in Pattaya, hosted by an English lawyer.

He mentioned changes to how wills were initially constructed.

It was something to do with the Thai government changes regarding wills and coercion.

I can’t remember the facts, but there was definately a change.

DTV visa doesn’t need 800,000 I’m a account

Absolutely great question. I’ve been having this discussion with some of my Expat friends and have explained to them that if something happens to them a family member from abroad will have a very long difficult battle to get the funds.

I personally am just changing to monthly deposits of 65k or more. Once I’ve done that Chris a year I can switch at immigration. Then send my 800k back to my investments where it belongs

Will leave the ATM card,and all the others to my wife.Have explained all this to her,and wrote it all down what to do,the easy way.

A will in both thai and english

Leave a a Thai will

Just did this with my father.

Have a Thai will made and notarized to be safe. Then you'll have to go to Thai probate court.

Good question! You need a last will and testament. I just signed mine yesterday. If you are in Hua Hin I recommend Khun Piti Suebwonglee with Expat Pro Company Limited

66 80 995 9982

His English is as good as mine and very professional office. He has handled everything for me for buying my home, bank accounts and my will

Aarif Meghani . . . . While it is also possible to draft a handwritten will, this is associated with considerable uncertainty in Thailand. It is better to draft a will strictly according to the letter of law according to the Thai Civil Code.

You can have a Thai Last Will set up at a lawyer’s office, or download a Thai will template from the internet (check out samuiforsale dot com).

"Thai Last Will" in this case means that it is drafted and designed according to the provisions of the Thai Civil Code. This will therefore will be recognized in Thailand.

I can bequeath only personal belongings and possessions located in Thailand. For any property in my home country, a separate Last Will is required.

Each item in my possession must be individually listed in the Last Will. For example, my bank account containing the +800,000 THB baht deposit which I use for my annual "retirement extension," the car, and all of my personal belongings.

The Last Will template obtained from the “samuiforsale” website came as a WORD .doc template. The text can be modified and edited, the template can be tailored to your own needs and requirements.

I first wrote all sections in my native language. I then sent the half-finished template to an embassy recommended translation office, asking them to translate my text into Thai and add it into the template. That’s what they did.

Then I went to the Amphoe, together with my girlfriend and two witnesses (she being named as the “beneficiary” and the "executor" in my Last Will).

On the Amphoe, each page was read out aloud, signed by the witnesses, my girlfriend and me, and got stamped by the Amphur. They did so with every single page. My Last Will consisted of 16 pages.

The head of the office, who did the reading, praised the Thai text as being excellent.

We submitted THREE copies, all of which were stamped and signed by the Amphur.

One of these copies remained, sealed inside an envelope, on the Amphur. We took back home the other two copies.

One copy is intended to be mailed to my country’s embassy in Bangkok in the event of my death, in an addressed envelope, as it states my sincere wish that my remains should not be transferred to my home country, that instead, my girlfriend as my executor can order my remains to be locally cremated inside Thailand.

Should I pass away in my home country, my girlfriend can empty my bank account, as the debit card and bankbook will remain with her during my stay in Germany. Nobody will hinder her. When there are no further account transactions for a period of one year, the account will be automatically closed.

If I pass away in Thailand, the situation is more complicated. The police will order my account frozen. Anyways, before this happens and if my girlfriend starts withdrawing money, she'll be committing fraud and an offense.

The Thai Last Will always has to be approved by a Thai court first. This process can take up to six months (!)

It should also be mentioned that any court executor could approach the heir and demand a bribe. You hear stories like this every now and then!

A Thai will is the only way. Otherwise, these crooked Thai banks will keep the money.

Easy, give them the atm card!

How could you even function in Thailand without a Thai Bank Account? You need a bank account to get a QR code. Thailand is in the process of transitioning to a cashless monetary system. Some places now don't take cash and a lot don't take debit cards only the QR code from theThai Bank.

Write a Will, in Thai, and have it witnessed by a lawyer. That's it. Any documents in English are just for you to understand the contents. Just to make sure it's been translated by approved bodies.

Make a Will with a reputable Thai law firm. Be prepared to go to Thai court for a judge to confirm the transfer of assets. I went through this process a couple of years ago. Took a while and the costs of being represented in court were more than expected. Transfer of company, land and house successfully concluded

Speak to Magna carter regarding will, not too expensive.

Go see a lawyer for the truth not facebook.

Call Brian at Lawyers for Expats...get the right answers and legal help valid in Thailand

The individual would need a Thai will.

A DTV holder might be able to circumvent the rules to get a bank account using an agent, but the chances are it would be suspended by the bank at some point.

Can answer your first question and that is write a Will. That allows your legal heir to access the funds.