Which Thai banks allow the opening of multi-currency accounts through their app?

December 21, 2022
2 years ago
Adam ********
ORIGINAL POSTER
Which Thai banks allow opening multi currency accounts through their App?
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TLDR : Answer Summary
The discussion highlights that typically, bank account openings in Thailand, including multi-currency accounts, require in-person visits. Specific mention is made of SCB and its Planet Card, which allows currency conversion and can be managed via an app. Some users have also noted Bangkok Bank as a potential option, although details on current practices are suggested to be verified on the banks' websites.
Rob **********
None if you want to open a FCD you must do it in person.
เจสัน ******
Have you checked the websites of each major Thai bank? That way you should find the most up to date information for your enquiry? You should find most websites available in English.
Chris *****
Just had a look at these..Bangkok and Siam joint best.

Kasikorn rates poorest

34.
*****
/ 35.
*****
margin 0.35

Bangkok bank TT

34.58 / 34.88 margin 0.15

Siam TT

34.59 / 34.89 margin 0.15
Paul ********
I saw a post that Bangkok bank did this with better rates but not sure that’s still happening
Aye *******
SCB planet, very convenient to use for multi currency.
Adam ********
ORIGINAL POSTER
@Khine ******
so it's a card you can convert currency with or does it give you multiple currency accounts to use?
Aye *******
@Adam *******
you can buy/sell through your account. you can do it via SCB app.
Adam ********
ORIGINAL POSTER
@Khine ******
oh I see, thank you!
Myles *******
Revolut
Christiaan *******
I have one. Can buy different currencies on it. But as far as swiping the card, it can only be international.
Christiaan *******
SCB Planet Card
Brandon ************
If you are asking about Thailand, you cannot open a bank account in Thailand online. Everything must be done in person.
Adam ********
ORIGINAL POSTER
@Brandon ***********
yes Thailand, even if you already have a Thai baht account with the bank?

some banks (in other countries) do allow you to open more accounts in other currencies if you already have one account with them.
Brandon ************
@Adam *******
yes even if you already have an account with them. Thailand is not other countries, they like actual physical paperwork and you being present for everything
Adam ********
ORIGINAL POSTER
@Brandon ***********
I see, what if I transferred USD from abroad to my Thai Baht bank account? they just convert it to the same day rate and deposit equivalent Baht into my account?
John *********
@Adam *******
Yes, they transfer it using the Buy TT rate.
John ********
@Adam *******
not on the same day
Brandon ************
@Adam *******
I'm not sure since I've only ever used Wise to transfer money which comes through as a local transfer in Thai Baht
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