Why can't I open a bank account in Thailand with my DTV visa?

That's wrong, you won't live here for 5 years, you can stay a maximum of 6 months as a tourist, after that you need to extend or leave the country and go back to Thailand (if you wish and rules did not change), that's why for them it is a tourist visa.

PM me

My friend opened an account in bkk bank with an agent today. It took him less than an hour 🤣

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.

Even without a residence certificat, it may be easier to get a bankaccount, if you wait at least 3 month, so the bank can see you stay permant in Thailand.

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.

9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?

@Praewpan ******

in Hua Hin she can do it for you , highly recommended :)

Yes it’s stupid. Many things in Thailand make no sense and immigration seems to not be logical. But there’s ways.

People recommend Siam legal but they are overpriced

You can get it done in pattaya for less then half their price. Just one day. Look up MOTS

DTV is a glorified tourist visa

Just open a Charles Schwab account and enjoy free ATM withdrawals. They refund all fees, including foreign ones. Money in a Thai bank is money they will track and tax. Seems like many want an account to flex being a white guy with QR payments. I'd rather keep my money in my American account and not fuss with ever changing Thai bureaucracy that may cause you headache later. Your landlord will accept cash. You can use your foreign cards for Grab, Bolt, food panda, 7-11 app, etc. I see no benefit in paying an agent for the privilege of giving Thai authorities an inside look to my finances.

Go to a visa agent they can make the process very easy 🙏👍

Just get a local gal to open one for you. She will love you more long time

Don’t open a Thai bank account. Open a global account from “neo” banks like wise, Revolut, Payoneer, etc….

Or use the bank account from your home cointry

Yep ...they want atm fees on overseas account/cards

Maybe get a thai d/license or I/D card or some other documents as proof of address here??? That might help???.

Try an agent, but even some very well known agents in Pattaya, are saying they cannot open a bank account, for someone under 50 years old, on any short term visa, even tho the DTV visa is a 5 year visa, they seem to be classing it as a tourist visa.

Yes its very hard to open a bank account especially when you dont want to use the sketchy agent-route.

The 500k dont have to be in a thai bank or in cash. just use your home countries bank.

Don’t give up after visiting one branch of one bank.

Go to Bangkok bank sukhumvit (pattaya) next to Num Chai electrical, they do it on a tourist visa, just need confirmation of your Hotel/condo owner, I got mine there on one 3 years ago, they still do it....7000 baht

Did you have a residence proof ??

Everyone is aware that bank accounts are difficult, go prepared.

@Manunya ************

will probably be able to help you? Can’t recommend her enough 😀

Which Branch ? Go to big ones in international malls like emquartier. I opened a bank account with a student visa so long term DTV qualifies for sure

You need to pay an agent - DTV is a tourist visa, you can always use your home country accounts

I’ve lined up to do it through Siam legal when I’m back next week. I tried a few other agents in Bangkok not many reply’s.

FYI Siam legal is 15,900 baht

Pay an agent and they will aid you opening a bank account.