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financial regulations in thailand

Showing 15 questions

This page displays all the results for the financial regulations in Thailand tag, sorted by the most recent activity. There are a total of 15 questions that have been tagged with financial regulations in Thailand. Explore the questions to find discussions and information relevant to this topic.
Oct 2, 2025
6 days ago
DTV holder. Bangkok Bank frozen. Is there anyway I can get my money back without travelling back to Phuket from Bangkok to visit the original branch?
Oct 1, 2025
7 days ago
So they tell you to put 500k THB in your bank to get a visa, then they close your bank account because you have a visa
Sep 27, 2025
12 days ago
Robert **********
ORIGINAL POSTER
I havent been to thailand since mid july, my account was frozen in june. I visited a branch and gave them all the paperwork and a sweet lady agreed to open it again. As there has been so many problems with these accounts after I left, do they usually close them 2 times in a row? I am on the DTV visa, I am not married, no kids and no rental contract. but i desperately need a bank account so I can transfer money here for tax purposes. If they wont allow me I guess the elite visa is my only option for opening up an account? Thats gonna be one expensive bank account!
Sep 6, 2025
a month ago
Robert *********
ORIGINAL POSTER
I am at 3 weeks that my Bangkok Bank account has been locked. I visited with a senior manager yesterday and I want to update you on what's going on if you're still waiting like me:

1. The staff that told me funds would be available in three to 5 business days misspoke. The bank manager brought them into the office and reprimanded them for providing that "wrong information".

2. There were dozens of files of people waiting for their funds to be unlocked many whom came to unlock their accounts ahead of me. There were so many, that the files were stacked on the floor in piles by the date the customer came into the bank.

3. The manager informed me that she and the rest of the staff are working 7 days a week in order to provide the necessary information to the head office in Bangkok for the accounts to be unlocked.

4. "If you want to withdraw your funds immediately you may do so but you will be locked out of opening a future account with Bangkok Bank and any other bank in Thailand." I have not confirmed if this is true or not.

5. High net worth customers were the first to have their accounts unlocked. Go figure.

6. She informed me that it is improbable that the unlocking of the account will take up to three more weeks or longer. Typically, she observes the accounts being unlocked from this day forward within 3 to 5 business days. I've heard that before.

7. Don't shoot the messenger.
Sep 2, 2025
a month ago
Brian *********
ORIGINAL POSTER
I have been on a Non-O retirement visa for over 4 years and have maintained an excess of 800,000 baht all along but would now like to switch to depositing at least 65,000 baht monthly. The interest rate earned in Thailand is so low compared to my accounts in the States. My next renewal is February 2026 but my 65,000 baht deposit will commence this January 2026---or a month earlier if that's a safer option. My question is: AFTER my renewal is completed in February 2026, can I transfer the 800,000 back to my stateside account or is it necessary to keep the 800,000 baht minimum in my Thai bank until I've completed my 2027 renewal? Thanks for any advice.
Aug 20, 2025
2 months ago
Jim *********
ORIGINAL POSTER
With Bangkok bank freezing bank accounts for lodgement and withdrawals at the moment till accounts can be verified in original branch. This will also stop funds being transferred for seasoning so could affect future visa applications. As not everyone is in Thailand at the moment and may not be possible to me make it in time.
Jul 22, 2025
3 months ago
Chris **********
ORIGINAL POSTER
Opened K Bank account yesterday morning. Locked out of Big Bank this morning. Sim card not matching my name? 3 years no problems. Any ideas or advise.
May 29, 2025
4 months ago
Kelly ********
ORIGINAL POSTER
I just received a message from my bank saying that my account has been blocked and will be closed because it was opened under the DTV visa. Has anyone else experienced this?

The account was opened in November at Bangkok Bank.
May 10, 2025
5 months ago
Simon *********
ORIGINAL POSTER
So.. Last year, when I tried to pay for my medical insurance, I got an error message in the bank app, saying i need to visit the bank.

I went to the local Krungthai and was told that new banking regulations forbid foreigners transfering more than 50,000 per transfer...

My daily transfer limit was 1,500,000 per day, so just did 2 transfers and haven't really thought about it since...

A few days ago, i mentioned this to an accountant and she spoke to me with disbelief, as tho I'm an idiot, because nobody else has ever heard of this... Saying I just need to go in and change the limit...

I went to the local Krungthai branch and was told that thai banking regulations forbid foreigners, transfering more than 50,000 per transfer and if I need to transfer more, i need to do more than one transfer, or withdraw the cash and transfer by hand.... So if i need to transfer 800,000, I can do 16 transfers or withdraw the cash...

I went to the provincial branch and they said pretty much the same... Thai Banking regulations forbid foreigners transfering more than 50,000 in the app... ( "in the app" is a significant change.) If I need to transfer more, I can do in the bank... Slightly different story, but better than the local branch.

I went to the provincial branch of Bangkok Bank, asked to change the transfer limit and it was done, instantly, no question asked...

Has anyone else experienced this nonsense, and which banks do or don't allow transfers of more than 50,000 baht?
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