Bangkok Bank update:

I have had this account for several years, initially opened on a tourist visa.

Because of all the confusion about accounts getting closed I visited the local branch today for peace of mind.

They said no problem with older accounts.

For these they look at cash flow to prevent money laundering…Large amount of money in and then out again.

Regular monthly deposits and bills paid online are normal and proper use of the account.

They are contacting people by email if there account issues.

USA passport on DTV visa. Account in Chiang Mai. 5 June 2025.

I hope this helps…..I was really freaked out with all the news of BB accounts getting closed.

When keeping money for your visa-minimum, do you put it in a separate account from your regular savings in a Thai bank?

Bank Account Update for DTV Visa Holders – May 2025

We are FITFAC Muay Thai Gym, a certified institution by the Ministry of Education and the Board of Boxing Sport. With over 250 successful DTV visa applications and more than 20 clients assisted in opening Thai bank accounts, we would like to provide an important update on the current banking situation in Thailand for DTV visa holders.

Current Situation

Thai banks are now closing accounts that were opened under tourist visas (including the DTV visa) for nationals from China, Russia, and other countries on the government watchlist. These decisions come directly from bank headquarters, and local branches do not have the authority to override them.

All local banks have temporarily suspended new account openings for tourist and DTV visa holders. To open a new account, applicants must now provide extensive documentation proving they are not part of a high-risk group. These documents must then be submitted to and approved by the bank’s headquarters before the account can be opened.

For DTV visa holders, the process has become significantly more complex. Each branch manager must prepare and submit a detailed file to verify that the applicant does not pose any financial or legal risks.

Status of FITFAC Clients

All clients who opened bank accounts through FITFAC are continuing to use their accounts without any issues. We do not accept Chinese nationals, so our clients have not been affected by the current restrictions. We work only with trusted partner banks and ensure that every case meets strict compliance standards.

Why Is My Bank Account Being Closed Even Though I’m Not Chinese?

Even if you are from a developed country, your account may still be flagged or closed if it is used in a way that violates the conditions of a tourist or DTV visa. For instance, receiving income from business activities—such as condo commissions, product sales, or freelance work—can result in your account being frozen or terminated.

Banks are actively monitoring accounts for transactions that appear inconsistent with normal personal use.

Visa-Mill Schools May Lead to Account Closures

Thai banks are blacklisting Muay Thai and cooking schools suspected of operating as “visa mills.”

Our sources confirm that banks are now cooperating with Thai authorities to crack down on these institutions. If your DTV visa is linked to one of these schools, your bank account may be closed, and immigration officers may begin screening your visa history more closely. Schools that offer low-cost visa packages without legitimate training are under particular scrutiny.

What to Do If Your Thai Bank Account Is Flagged or Frozen

If your bank account is flagged or frozen, follow these steps:

1. Visit the Bank in Person

Go directly to the branch where your account was opened. Most issues must be resolved in person.

2. Bring All Supporting Documents

Be prepared to present the following:

* Your passport and valid visa (e.g., DTV)

* Visa approval letter or other relevant immigration documents

* Proof of address in Thailand, such as a rental contract or TM30

* Training schedule or attendance records from your Muay Thai program (if applicable)

* Evidence explaining how funds enter your account, including:

* Freelance contracts, payslips, sponsor letters, or international transfer receipts

* Bank statements showing the source and matching details of incoming transactions

* Any documentation that proves the legal origin and purpose of the funds

3. Request Clarification Politely

Ask the bank officer why your account was flagged or frozen. It could be due to suspicious transactions, visa classification, or a routine compliance check.

4. Remain Calm and Cooperative

Stay respectful and transparent. If your documents are complete and your explanation is reasonable, the bank will conduct an internal review and may lift the freeze.

Good luck! if you want more info about our service at FITFAC reach out to us at visa@Fitfacmuaythai.com or visit dtvvisathailand.com

[members only]

Update - My other concern is that my krungsri account hasn't been able to receive international funds recently, I've been having to send my money to my partners account. Was planning to go and open a new bank account with K bank before I switch the visa.

Regarding the bank issues.. does anyone have any knowledge that if your bank account was opened with a student ed visa and you then switch to DTV, is the account still to be closed? I've had my Thai account for around 7 years but since opening it I've personally never reported when I've made a new visa. I plan to switch to DTV in a couple months but really need my Thai account 😶 long shot I know, but it there's any Intel it would be appreciated

You can now open a bank account with a agent

Hey …. So since this bank has a location in Los Angeles… I should just open an account while here and then move to Thailand since the main branches are out there. I can imagine this would be the easiest way to get a Thai account..? Anyone try this before ?

Just a head up for people with a Barclays Premier account in the UK.

Transfers are free from these accounts to a Thai Bank account.

Before you start

To complete an international payment you’ll need:

a PINsentry device

the IBAN or SWIFTBIC number of the bank you’re paying intoThey will

let you know how long the payment will take and if there are any charges before you confirm.

Today’s exchange rate is 42.93 GBP to the Baht

I know this doesn’t suit everyone but it’s for information purposes only

Also if you are trying to transfer 800k baht in from wise you can only do this in 50k baht increments so it’s a. Minimum of 16 transactions at approximately £8 for each one.

I’ll let everyone do the maths on this one

Just watching a YouTuber who says he's lived in Bangkok for the last 10 years, and doesn't have a Thai bank account?! Is this a wind up, it seems most of the posts on here are about the importance of opening a Thai bank account?

So I went to a random local bank to ask the question of opening up an account on a DTV status? The teller told me I either have to be employed by a Thai company or be on a retirement visa. Is it safe to say that this is not possible whilst being on a DTV?

Please let me know your personal experiences and suggestions if there is a possibility of being successful. CNX location.

Khop khun Krub in advance 🙏🏼

Just sharing my experience with the others here. There was a lot of talk last month about how we DTV holders could get bank accounts at the TTB bank branch at True Digital Park. In my case, I went there and, while they tried to be very helpful, they would not grant me an account since I am a freelancer and don't have an employment contract. They referred me to their main headquarters branch saying that I might be able to get one there. I then went to the main branch but again, I was rejected since I don't have a contract. But it did sound like I could have gotten one if I'd had a contract. Without a bank account, I'm going to be forced to pay my rent by depositing cash to my landlord's bank account (which the banks will allow you to do). I'll also have to pay my electric bill using cash at the 7-Eleven. I'll probably also be able to pay my water bill with cash. I've been approached by a number of so-called "agents" who say they can get me a bank account, but I'm suspicious and don't think the hefty fees they charge are worth the convenience. I've heard that True Wallet and Revolut can be used to do QR code charges, but I haven't tried them yet. I'm sure there will be people here who say they're DTV freelancers and managed to get a bank account on their own. I say, good for them, but I wasn't able to.

On another topic, I left Thailand recently for a few days and I had to show my DTV visa when I passed through immigration, so be sure to take yours if you leave. Just having the DTV stamp in my passport wouldn't have been enough to allow me back in.

Hope this helps!