Let’s talk about True money and its benefits. Please note I also have a long term visa and Thai bank account so I have an ‘advanced account’ with True Money.

Process

1) apply for an account using the app. You need a Thai phone number as everything is based on this. Any Thai carrier works it doesn’t have to be True.

2) once your advanced account is approved you can also get a virtual prepaid mastercard generated in the app. Useful

3) you can top up via bank transfer, cash at 7-11 or at a true money kiosk at the true shops in the mall.

Spending

1) can pay any business or individual with QR code payments. The so called ‘Scan’. Very convenient and no need to carry coins etc

2) utility bills can also be paid along with topping up your phone etc

3) can use with Grab. There is pre built integration between the apps so the transactions come out of your account. No more foreign credit card fees or drivers not having cash change

4) the prepaid Mastercard has many uses such as Bolt or online shopping

5) you also have your own QR code to receive money from other peoples bank accounts

6) can withdraw money to your Thai bank account but I haven’t tried that yet.

Overall what this allows me to do is keep my bank account ‘clean’ for immigration purposes without a large number of small transactions.

American bank will charge 35.00 transfer fee to Thai bank and says same day wire with no atm fee. Would using wise be better and if so why. I have looked at the wise site. I appreciate all the help this group has given me so far

Any update on Wise ? I know of a Thai woman who recently tried to send money from UK to the Kasikorn bank and the payment was refused by the bank.

Where can I open Kasikorn bank account in Chiang Mai right now?

Bank account question: I can see the benefit of having one account for extension of stay money and another for daily expenses. Comments as to whether it is preferable to have both accounts at the same bank or to have each at a different bank would be appreciated. TIA.

Just received a notification from Bangkok bank! What is this? What should I do? 🙏🏼

Hello everyone, does anyone know if you can open an account in a Thai bank with DTV ?

11/Apr/2025 I just went to Bangkok Bank in Ratchaburi province to attempt to open a bank account. The bank employee had 100 reasons for denying me and no reasons to help me. The biggest hurdle I was unable to jump over. It was…my visa had to state “retirement” in my passport. Well, I have a Non-O marriage visa and it doesn’t state “retirement”. My Thai wife and I both looked at each other and decided it was hopeless.

We went to Krungthai bank and they rolled out the red carpet for us. They were looking for reasons to help us. Smooth sailing at Krungthai.

Speaking of Bank accounts does my account in Bangkok Bank in New York count as a thai bank?

When using monthly deposits, must the money be sent directly to the Thai bank from the source (example: Social Security or rental income) to prove that it's income, or could I simply send monthly amounts from my US bank account?