It is required to have 800,000 baht to be kept in bank for applying retirement visa, now money is deposited in saving account, anyone knows :

1. If money can be used to open fixed desposit account or called term deposit account in the same bank? (Retirement visa applied in Bankok now)

2. If money can be transferred to another bank, for example, Siam Commercial and then open fixed/term deposit account? (Retirement visa applied in Bankok now)

Thank you so much.

Hello, has anyone opened a bank account with DTV Visa in Bangkok.

How and where?

Thank you

Could someone please enlighten me regarding Prompt Pay?

My mobile banking app is broken for the next week. I needed to pay my rent. Bangkok bank seems to only allow transfer within their own bank when using iBanking. The only available option was Prompt Pay which I have never used before. The process on my end was very simple. All I had to do was to supply the receivers's phone number. I got an acknowledgement that it went through.

So my question is, how does the receiver get their money, given that I only entered a phone number? Is it somehow tied to a bank account?

Arriving in Thailand February/March of 2025. Once I get there I’ve decided to use an agent to get everything set up for retirement visa. I have a question about a bank account. Is it possible to set up two accounts under the same name at the same bank? I want to deposit the 800k baht in one account and then use a different account for day to day spending and deposits. I prefer not to have to worry about the 800k account falling below the required amount at any time. I know I can do this in the US, but not sure in Thailand as an expat. Thanks in advance!

Just heads up this may affect some people who dont have there phone numbers in there name has to match bank account.. It did me as wife had my account in her name to get the points. But changed over this evening.

No news when they will take action yet against accounts though. Usual Thai goverment lack of information.

Hi all

I have come back to the UK for a few months but still use my Thai bank account to pay bills.

I hear that there is a new check that your bank account and phone connected to the account matches to the same ID. Bank account in my name and passport but phone was originally set up by my GF ID and have never changed it.

Is there an impact on using the bank app with my phone in another’s name?

Can’t change it until I return

Hi everyone. Last October I opened a bank account with Bangkok bank.

Today I got this sms.

Transfer/payment from your account X0149 of Bt 750.00 via AUTO system

Before I try contacting the bank anyone know what this 750 baht charge is for?

Thanks

A couple of updates. Tried opening a bank account at Bangkok Bank in Tha Muang on METV yesterday and clerk got a white binder of rules out and denied me. She was polite and just told me what kind of visa’s would be accepted. Swapped my USA sim card with my Thai sim card in phone and was able to do two factor authentication and transferred $Baht to friends account using wise. Limit of 49999 baht on transfer in wise.

Hi all, a quick one. 1) If i transfer 800k into my Thai bank account from my AU account is it going to be taxed in Thailand? 2) Can I transfer these money back into my AU bank let’s say a year later?

Thanks

I read that these banks are in Thailand. (Citibank, JP Morgan Chase Bank, and Bank of America Merrill Lynch) Can we put the 800,000 in one of them and leave it.. Then get a Visa?