Opening Bank account experience
I have visited multiple banks here in Chiang Mai in the last two months for opening a bank account on DTV. Tried Kasikorn, Siam Commercial, Bangkok Bank and Krungsri.
Somebody recommended TTB and I tried that also but all of them rejected saying it’s a tourist visa or it’s not a work permit. Even when I said its a long term visa, five year visa and I will be spending money: it did not work. Some said they have now strict regulation from the central bank.
Truemoney wallet option: tried this also but it’s not very helpful. If you have to withdraw cash using your foreign card anyway to top up on this app via cash only, then it’s not of any use. Its the same hassle.
Curious how others have navigated this situation? I am aware of agents charging exorbitant amounts.
TLDR : Answer Summary
The user shares their experiences of trying to open a bank account in Chiang Mai with a Digital Nomad Visa (DTV), facing rejections from multiple banks including Kasikorn, Siam Commercial, Bangkok Bank, and Krungsri due to strict regulations. Even with a long-term visa, the banks insisted on needing a 12-month visa. The user also explored alternatives like Truemoney wallet but found them unhelpful. Comments reveal that some suggest trying different branches or hiring agents, albeit at a high cost.
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