Why is it difficult to open a Thai bank account on a DTV visa, and what can I do?

Get an agent

@Farang ********************

Do you have a long term rental contract or a property, and a certificate of residence from the immigration office ?

This is not complicated folks. Get an agent. Get it done. Enjoy your 5 years

Bangkok Bank and telling them how much you'll deposit is basically your best shot without an agency.

As a new member, use the search function, and you would have known, it is close to impossibel to open a Thai bankaccount on DTV.

You need to have a proper long term visa ( DTV is tourist ), been having a permanent Thai adress for at least 3 months, to be even considered to get a Thai bankaccount.

So DTV is not eligable for a Thai bankaccount.

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 reluctant 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?

Also tried multiple times in touristy Phuket Central. I got declined every time. The staff said they were able to open before, but currently its a not allowed due to new update from Bank Of Thailand. Not sure if its true, didn't believe it.

You will need to pay a agent $7000 baht to open a account - DTV is just a tourist visa

You use the wrong strategy. Try only BKK bank and in super touristy/foreigner heavy areas

There are agents in Pattaya, that can assist with opening a bank account.

My landlord helped me open one at Krungsri.

I got one yesterday after going to 8 banks. I'll PM you

Wise and Revolut are also good options with reasonable fees to transfer money for paying rent etc in foreign countries.

Use an agent in Pattaya. If under 50 u may also need to pay for health insurance to get the bank account.

Should cost around 5k.

I saw a bunch of posts where you need to basically pay an agent a "fee" to open an account for you....but those come with some risks as they can be closed without notice....use the search feature....generally speaking, you cannot open a bank account with a DTV visa

It seems to be increasingly difficult to open a bank account on tourist type visas. You may need to find an agent to help you

Use the group search tool as this topic is brought up 5 times a day