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Answereda year ago

What should retirees in Thailand do about recent banking issues related to account freezing or closure?

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Banking Issues for Retirees

Many retirees have recently faced problems with a particular bank freezing or closing their accounts.

We want to remind everyone in our community that we offer full support services in Bangkok, including assistance with opening new bank accounts and securing your annual retirement extensions.

Our team can help in nearly all situations, even if your previous account has been closed or your visa status has become complicated.

You can alway contact our team via LINE ( [[members only]) ), or EMAIL ( help@tvc.co.th ).
Answer summary
Many retirees in Thailand are experiencing issues with banks freezing or closing their accounts, prompting concerns regarding their financial access and retirement visas. The community offers support services for retirees, including assistance in opening new bank accounts and managing annual retirement visa extensions. Various comments reflect retirees' frustrations with banking processes, such as lengthy account closure times and uncertainty regarding financial institutions. Additionally, some members are seeking information on branch locations and services for accounts that have been suspended.
43 repliesnewest first
22

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Keith *******
Keith *******
Name the banks that are being intransigence. And difficult.
Wan *****
Wan *****
How much is it to open new bank account for foreigner? Who don't work in Thai at all

Any guarantee?
THAI ******************************
THAI ******************************
OP
@Wan ****
Can only assist if 50+ years old, or married / thai family in relation to banking.

Can have tourist visa, or exempt entry in those cases.

Otherwise we do not assist with bank accounts.
Daphne ***********
Daphne ***********
Can you also help opening a bank account when you’re not retired yet and not living permanently in Thailand?
THAI ******************************
THAI ******************************
OP
@Daphne **********
We can help you open a bank account if your goal is to obtain a retirement visa, even if you currently have no visa, an exempt entry, or a tourist visa.

LINE:
**********************
Biagio **********
Biagio **********
Can you help with a suspended account at Bangkok bank? I

am in America right now and my account was suspended with funds in it.
THAI ******************************
THAI ******************************
OP
@Biagio *********
We recommend opening a secondary account.

Most of the current restrictions are coming from one specific bank. If this situation has made things difficult, we can assist with both the secondary account opening and your yearly extension to ensure everything goes smoothly.
Bob ****
Bob ****
Do u have an office in Chiang Mai?
THAI ******************************
THAI ******************************
OP
@Bob ***
For banking service we only offer it in Bangkok, you would need to make a 1-2 day trip usually.

But for visa services for most cases we offer nationwide service.
Paul *********
Paul *********
Do you have an office in Pattaya, or is it Bangkok only ?
THAI ******************************
THAI ******************************
OP
@Paul ********
For banking service we only offer it in Bangkok, you would need to make a 1-2 day trip usually.

But for visa services for most cases we offer nationwide service.
Yo***
Yo***
@THAI *****************************
I would have service of visa, retirement extending for one year.. Could you please give me your price for this? or you can pm me. Thanks
THAI ******************************
THAI ******************************
OP
@Yo***
For yearly retirement extensions our price is 15,000 thb.

You can contact our team via LINE:

**********************
Gary ********
Gary ********
I've been back in the UK for several months and I have withdrawn all my money from Bkk bank because of the uncertainty.
THAI ******************************
THAI ******************************
OP
@Gary *******
We have even hearing this more often, many are worried.

We suggest having multiple accounts.
Grace ************
Grace ************
@everyone If you’re dealing with retirement banking issues such as opening a new account, renewing an existing one, or transferring funds, we are now offering major discounts on all banking services for both new and existing customers.

Our team can help you open a secure account with a reliable bank that will not cause problems for your retirement visa or limit your access to funds.

We can open a new account in 1 day, and complete both account opening and a one-year retirement extension within about 2-3 days.
26
Alison **********
Alison **********
@Grace ***********
could you please pm me regarding cost for assistance with obtaining non immigrant O visa and bank account opening please 😊
THAI ******************************
THAI ******************************
OP
@Alison *********
Please message over LINE ( https://tvc.co.th/line ) or EMAIL (
**************
**********************
) or EMAIL ( help@tvc.co.th ).
Daniel **********
Daniel **********
@Grace ***********
I be there again in November will contact my retirement visa is up for renewal in January I scared to put to much money in Bangkok bank until I get there and see what’s going on I come see u where are you
Lay *******
Lay *******
@Rod ********
They are very professional and honest. I ended up doing everything on my own in regards to getting my non-immigrant O visa. But, I did talk to them on the phone and they were great. If you are looking for help with visa and/or Banking, I'm pretty sure they'll be very helpful.
Robert **********
Robert **********
@Grace ***********
what about people on DTV living here, can you help with bank account?
THAI ******************************
THAI ******************************
OP
@Robert *********
No we cannot anymore.

But we can move you to a real long term visa which would qualify for bank account opening.
Brandon ************
Brandon ************
@Robert *********
most agencies now will only assist opening a bank account if you're also converting or extending a non-immigrant visa with that agency. I don't know of any agencies that can do bank accounts for tourists anymore.
Robert **********
Robert **********
Living here 5 years you are no damn tourist, marriage visa can end tomorrow, absolutely ridicilous. But there must be a way, maybe credit card, investing in stocks through the bank, consumer loan? Whatever it takes
Todd *********
Todd *********
@Rod ********
you are in way over your head here lol. Not a clue. Just shuffle off and get your 1900 baht visa cheap Charlie
Sean **********
Sean **********
@Rod ********
in a competitive environment it is not always good business practice to publish prices publicly. Price requests could be requested via DM as well.
Grace ************
Grace ************
@Rod ********
No, it isn’t a secret. Our services are meant for people who are facing issues opening accounts, need help with additional documentation, or are having trouble renewing their visas, or simply do not want to do it on their own.

We currently charge 15,000 THB for the yearly renewal service. This includes full support from our team while you stay comfortably at home. We arrange a courier to your Bangkok address to collect your documents and deliver them back once the renewal is completed.

It will always cost less if you handle everything yourself: organize your funds, prepare your documents, book a taxi, wait in line, get your visa, and take a taxi back home.

As for banking, we’ll need to understand your exact situation first so we can determine what kind of assistance you might need. But even with banking it will be cheaper if you do it on your own as well (but this may not be possible for many).

You can always contact our team via LINE we have around the clock support:

**********************
Lay *******
Lay *******
@Grace ***********
This is one of the most honest and to the point answers you'll read in regards to visa, yearly renewal and Banking. I have spoken to them on the phone when I first arrived in Bangkok two years ago. And, they were great!
John *********
John *********
@Grace ***********
What is a 'renewal service' 12 month extension based on marriage? or specific to retirement only?
John *********
John *********
@Brandon ***********
I see...sensed it was something like that!
THAI ******************************
THAI ******************************
OP
@John ********
We assist with marriage visas, and family visa like based on child.

But the price is different.

LINE:
**********************
Brandon ************
Brandon ************
@John ********
that would be for retirement. Most agencies don't want anything to do with marriage extensions. Those require a lot more work and different approvals.
Grace ************
Grace ************
@John ********
Price is different if needing services for yearly extension based on other non-o type visas.

Our team can provide you a quote over LINE:

**********************
Grace ************
Grace ************
@Rod ********
0 THB, if you are not experiencing any issues, you don’t need our assistance.

You can simply open your account and renew your visa yourself for 1,900 THB.
Billy ********
Billy ********
@Grace ***********
Can you pm me details of price for retirement visa
Grace ************
Grace ************
@Billy *******
Please message our team via line:
**********************
Brad ************
Brad ************
@Grace ***********
I vouch for Grace 100%!
Douglas *********
Douglas *********
Go to Cambodia, much easier all around cheaper.
Grace ************
Grace ************
@Douglas ********
When was the last time you opened a bank account in Cambodia?
Douglas *********
Douglas *********
@Grace ***********
Don't need one
Grace ************
Grace ************
@Douglas ********
Only asking because they were a major reason why Thailand, Vietnam, and other countries have closed so many accounts due to the recent threat of banking sanctions.

>
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*****
177

It would be odd if they did not change anything due to the recent threat.
Martin *********
Martin *********
Even when going to the bank this morning and trying to close the account was informed it would take a further month for the funds to be available and for full closure to take place.So be prepared!
THAI ******************************
THAI ******************************
OP
@Martin ********
This is happening to many, and even some refuse to provide the documentation required for the retirement renewal.

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THAI ******************************
THAI ******************************
THAI ******************************
THAI ******************************
THAI ******************************
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