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Answered2 years ago

Which bank in Thailand allows you to open an account for transferring money from abroad while on an O visa?

ALi *****
asked Oct 21, 2024
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Whick bank will give you an account so you can transfer

Money from abroad for O visa? SCB no. Kasakorn. No.
Answer summary
Finding a Thai bank that will open an account to facilitate foreign money transfers for those on an O visa can be difficult. Many expats suggest trying various banks, with Bangkok Bank frequently mentioned as a solid choice. Other banks like SCB and Kasikorn may also have specific branches that allow account openings, particularly for SWIFT transfers. It is important to consider the type of visa when applying for a bank account, as banks often prefer customers with stable residency and income. Some users recommend using agents to navigate the process and obtain necessary documents like a residence certificate.
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Eric ******
Eric ******
For only around $125-$150 USD (that includes the resident certificate and ATM card), it is almost a no brainer to me to use an agent to open a bank account. They will get me a resident certificate and do ALL the paperwork, get it fast tracked, open me an account at Bangkok Bank, set up an online account, pick me up at my hotel and drive me to the bank, explain everything, show me how everything works, get me an ATM card and take me back to my hotel. So much easier then trying to figure it out on my own.
Kuu *****
Kuu *****
If you are on tourist visa or visa exemption, it is slightly tough to have. Banks may asked you to get letter from your embassy.
Tore *********
Tore *********
Depends on your current visa etc. i was able to open bank account on reason “pay medical bills “ with a DTV visa in Bangkok. Bangkok Bank next to a Bangkok hospital

Its a catch 22, you need bank account to meet visa requirements, but getting bank account is tricky without the right visa, work permit or condo ownership
Luit *****************
Luit *****************
@Tore ********
No, it is not a catch 22, you can apply for the non-o visa in your home country, then you do not need Thai bank account for the visa.

Then you enter Thailand and have 90 days to open bank account with the non-o visa, put the money into the account befor you apply for extending your stay.
Tore *********
Tore *********
@Luit ****************
that assumes your not already in Thailand under a different visa for months (or even years) in advance for other reasons. A bit expensive (and a pain in the a..) to fly long haul back/forth just to apply visa from “home country”

There’s also allot more paperwork required to apply in home country vs in Thailand. Besides the bank account its less hassle.

Im 45 and bridging to retirement visa with DTV. If I can help it id rather spend as little time as possible in Europe. I’l be happy if i never have to go back to NL…..
Tore *********
Tore *********
@Luit ****************
I was opening a bank account. I was lucky to get one under “Ling term medical treatment” But although DTV is a long term visa, it’s classified as “special tourist visa”. Most on DTV are so far being refused bank account.

We see posts regularly here about people applying retirement struggle to open bank account.

So yes, evidently for many it’s still a catch 22 😉

You’re being a bit pedantic now.. as i mentioned there are also others real reasons why some prefer to apply in country
Luit *****************
Luit *****************
@Tore ********
If you are already years legally in Thailand on another visa it also is not a catch 22 situation, because then you had enough time to get the money in the account.
Henrik *****
Henrik *****
Don’t expect it will be possibel.

Reconsider if a Thai bankaccount is need-to-have or nice-to-have.

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 even 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.

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9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?
Andy ********
Andy ********
@Henrik ****
isn't a Thai bank account required for a retirement visa though?
Henrik *****
Henrik *****
Yes, but that’s not the same, as the bank are obligated to give you a Bankaccount.
Hasan ***********
Hasan ***********
Contact Tik Tok Services in Pattaya , they will open an account for you in person with you. It cost 5k thb after you successfully open the account.
Joe **********
Joe **********
Krangsri
Aake **********
Aake **********
@Joe *********
Krangsri?
Michael ********
Michael ********
Bangkok Bank, we opened one last month and used Swift to transfer money. Assisted by an agent.
Lynnette *******
Lynnette *******
SCB do this. I've sent money to them many times using Wise.
Phil ******
Phil ******
Bangkok bank. What visa you on
@ALi ****
?
David **********
David **********
Bangkok bank
Did *****
Did *****
You're leaving too many details out. You're here on a tourist visa ?
Stuart *********
Stuart *********
Any bank if you are using SWIFT transfers.

If you are using a service like Wise then Bangkok Bank seems to be the preferred option. However you can use any bank but will need to ask them for proof of a FET transfer.
Graham ******
Graham ******
Just keep trying until you find a branch (not bank) that will give you one

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