Why is it difficult to open a bank account in Thailand with a 90-day Non-O visa?

@Nongnuch *******

Thousands of applicants did not.

@Peter *********

It is a well know fact among expats, that many many applicants to a Thai bank account, have been asked for the compulsory accident- or life-insurance. Without it, the bank would not allow them to open a bank account. Thousands of expats will agree with me 😉😎

@Nongnuch *******

“Thousands of expats”? Speak for yourself!

Thousands of expats have died in Thailand.

Thousands of expats will confirm neither agencies or insurance is required.

Thousands of expats have suffered from alcohol abuse.

Thousands of expats are happily married to a Thai.

Please send names and addresses of your thousands.

@Peter *********

"Thousands of expats will confirm neither agencies or insurance is required." . . . . . .please send me names and adresses of these thousands 😂😂😂😂😂

@Nongnuch *******

Yeah. You understood my demonstration of your ridicule. You live 30 years in Thailand, but forgot to keep up with the calendar. Living 30 years under a stone didn’t teach you much.

I opened two bank accounts in the last four weeks. Things have changed since 30 years ago.

But don’t worry. If I need to find a museum I will know who to ask. 🤣

@Peter *********

and just in case you missed this comment, HERE for you. Just take the tomatoes off your eyes . . .

By the way, 20 years ago Facebook was limited to Harvard students. As you were already in Thailand back then, I guess you weren’t a Harvard student back then, joining a non-existent Thai expat group. 🤣🤣🤣

Or maybe you were referring to an expert group of bargirls and made a little typo? 😉

Good to see you found *one*.

Probably you can find a few more.

If you were worth it I would take the trouble of producing dozens of posts stating the contrary. But since you were able to use Facebook during your Harvard time in Thailand I am sure you can do it all by yourself. Good luck hunting “thousands”. Bye!

@Peter *********

are you able to read, is English your mother tongue? The topic is "opening a bank account on a 90-days Non-O visa" and the bank's refusal. Which is weird, because the policies have changed theresomuch that you need a Non-Imm-O VISA (not an EXTENSION out of a Non-Imm-O visa!) to be able to open a bank account. The bank's clerk is in the wrong! So that leaves two options: try more banks, and MAYBE need to buy their insurance, or use an agent and don't have to buy any insurance

@Peter *********

You are COMPLETELY off-topic! It is no secret that opening a bank account on a longstay or retirement visa is possible without the help of an agent or the need of a comulsory insurance. But people who try to open a bank account on a tourist visa or visa-exempt entry, are facing refusals

@Peter *********

you know nothin, you have no idea. Are you new to Thailand? I am living here for 30 years, I am reading Thai Visa Advice groups since 20 years. The "compulsory insurance" many banks are enforcing applicants to, gets mentioned EVERY other day. That's nothing new. This is standard practise in Thai banks

@Alex ********

that’s not bad. I’ll be in Pattaya soon, do you remember the agents name or location?

@Eric *****

Sure. Book a hotel for at least 15 days and immigration will happily give you a residence certificate (not a permit!) based on the tm30 from the hotel. The tm30 must show that you will stay there 15 days or more.

Take your money (a few 1000 baht), your original non-o visa, the residence certificate and your passport to the bank and open an account. Bangkok Bank and Kasikorn are your best bet. Worst case you’ll have to visit three banks before you find the one willing to open the account.

These are the requirements but many will imagine additional requirements. Listen to what they want, thank them friendly, and go to the next bank.

@Darren *********

not sure what tax law change there has been. The rumoured future change for stays of 180 days plus is drafted as a tax reporting change and not a change to any taxes due.

Apart from making a tax report mandatory there will be no other change for people who are currently paying taxes due in their home country or Thailand.

@Iain ********

going to argue with the fucking bank. That’s what they told me. If you don’t like my answer I don’t really give a fuck. 

@Darren *********

it’s all talk at this time now we just changed PM after not even a year Taksins daughter is the new Pm so everything will change again

@Darren *********

That’s not new, it has always been the case that you become Thai tax resident after 180 days.

@Darren *********

nothing confirmed yet stop scaremongerin

@Peter ********

Any income received by foreigners outside of Thailand is exempt and not subject to Thai tax, unless it is remitted to Thailand. Any income remitted to a Thai bank by a foreigner is now subject to tax.

@Peter ********

it’s already done dummy

@Connor ******

I am sure you walk around all day with that plus in your pocket. Typical AH comment.

@Robert **********

why would I walk around with cash all day, and how is that relevant to pening a bank account?

@Chris ***********

That is alot more than most opening deposits.

@Robert **********

it is still not a big amount. you don't get it?

If they usually do not give you an account so easy.

One would need more, that the bank starts to be interested.

Its Thailand and not same you are used to at somewhere else.

@Chris ***********

No. You dont get it. It is based around the visa not how much money you have. I could prove on-site that I have access to high 6 digit cash assets but banking laws prevent accounts under the new regulations

@Robert **********

you seem to know nothing.

There is no law forbidding banks to open an account for you!

There is also no requirement by law!

You can understand that, because so many tourists which even come without any visa (visa exempted) GET a bank account.

The question is the branch attitude.

Some branches are more easy, but most of them not.

-》It depends where you go, who you meet, and who you are and how you behave.

Says someone who is in Thailand 19 years.

If you come with a higher amount of your pretended 6 digits, it would be more easy.

But I doubt your show off. That's why you think, 0 is a lot...

I expect your stubborness now.

@Chris ***********

This is a typically AH response as you obviously walk on water and know everything. Sure, if I go to Pattaya I know of 2 branches I can go into and get a bank account on a tourist visa. I also know someone who did that last year and suddenly received a notification that his account was closed and that he needed to show up at the bank to claim his money. The reason given was he did not meet the requirements for opening an account. I am not going to Pattaya to get a bank account.

And I have been to more than 25 branches in Phuket and Bangkok and refused at all without a long term visa.

"Says someone who is in Thailand 19 years".

I know that makes you an expert. I never should have questioned your amazing ability to know all about banking in all areas of Thailand.

And BTW...Yes regulations have changed to reduce money laundering. I wish I took a picture of the memo at Bangkok Bank that quoted the sections. I could have taught you something today.

SMH

@Robert **********

funny, how you contradict yourself.

And also you admit.

So tourists can open bank accounts.

Now you admit that and same time you claim, that it is not possible because laws changed recently. Omg.

We all can see, what a f○○l you are.

It still doesn't change the facts, that you ignore to learn:

1. no law forbids tourists to get a bank account.

2. a visa is not a requirement, but of course the bank branches can make it a requirement in their house philosophy

3. of course the right amount can have influence

the facts are, you claim wrong.

We in fact also see that you try to

show off (even lie?)

try to argue arrogant,

try to get personal,

try to quarrel same a child.

Your intentions are so obvious.

Your ch@r@cter is shining. What a a grown man.

Though of course, your next answer is again expected to stay same stubborn and infantil, spiced with poor tries to get more personal - far away from the actual topic..

@Chris ***********

Oooh. 117 branches of banks in Thailand and there are 2 in Pattaya that will open an account on a tourist visa. Ooooooo. I was wrong in my statement.

This is Thailand. Nothing occurs that is not legal right? No one bends the law? Funny how I thought you said you were here for 18 years (really only visiting right).

The facts are there are banking regulations against opening accounts with tourist visas. The fact that branches may not enforce that is another fact. Kind of like how you are suppose to have a motorbike license and helmet to drive in Thailand but yet hundreds of thousands do every day and they don't get pulled over.

And I don't need to show off. I know where I stand financially. I won't be starting a Go Fund Me page when I am done drinking and screwing my life away. Because that never was and never will be my lifestyle.

@Robert **********

get matured. you ridiculously quarrel on an infantile level - yawn.

You create facts which are not existing.

Some people may call that lies.

Still you need to show off and explain your personal maybe situation, which nobody is interested in.

You seem to be very lonely.

@Kanthira ************

- at which Bangkok Bank LOCATION did u find success?

@Mark *******

the bangkok bank right outside the Phloen Chit stop should give no issues also kasikorn in the building next to will both give non o marriage visa holders bank accounts. Bring your spouse.

@Darrel ********

-hope BKK BANK Phloen Chit won’t stall me out just for not having a spouse.

@Mark *******

its nearly impossible to open an account now unless you are on non o. They will not give accounts to tourist visa

@Mark *******

Central Rama 9

@Kanthira ************

🙏🙏

@Brandon ***********

Ok great. Thank you for the reply.

@Darren *********

yes true

@Jo *********

how long ago?

@Jo *********

not true

@Darren *********

it’s true I was with him. We live in the far North maybe easier there. If you have a lot of money they will do it.

@Stephan **********

not happening

@Brandon ***********

Good to know this. Thank you.

@Brandon ***********

People have seen their money disappear from Kasikorn Bank a few times over the years. In nearly every case, the account holders never saw their money again. I remember one case in which a staff member took the money & disappeared; the bank, supported by the police, said they were not to blame.

Personally, I would steer clear of Kasikorn Bank.

@Joseph ******

this is very serious ?Do you have any proof for saying this?Also this is crime if you dont have proof.

@Incognia *********

That’s ridiculous, Incognia. No one stores proof of news they read in the papers. Besides, even if your very immature remarks were true, KB would never file charges, because it is a matter of public record how they’ve let down customers in this situation in the past.

So, do us all right & keep your BS to yourself!

@Joseph ******

the money isn’t insured like banks in the US are? People are just out $20k with no recourse at all?

@Eric *****

Every account is covered up to 1 million Baht, not more.

@Eric *****

Yes but it’s a very minor amount, something like 1 million Thai Baht.

Also, the government-insured amount is based on the bank being financially unable to keep up its obligations. Has nothing to do with theft.

@Joseph ******

Is there any reliable source of these cases? Never read or heard about such thing, and I live here for many years.

@Sue *********

Probably not. I lived in Udon Thani from 2004-2011, though I’ve been a frequent visitor to Thailand since 1978. While living there, I occasionally came across such a story in the Bangkok Post.

If you need to confirm Kasikorn’s reputation, I suggest asking local Thai who are financially self sufficient; korn Jon, or poor folks, would not be targets of inside theft or professional hackers. Though I suppose everyone reads the BP.

@Joseph ******

not true

@Darren *********

Up to you, Darren, what you want to believe. I have no reason to make this up, nor to be bothered by someone calling me a liar.

@Joseph ******

sorry if I don’t believe it

@Darren *********

No worries.