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thai banking regulations
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This page displays all the results for the Thai Banking Regulations tag, sorted by the most recent activity. There are a total of 65 questions that have been tagged with Thai Banking Regulations. Explore the questions to find discussions and information relevant to this topic.
Hi guys, I have been seeing many posts about the bank accounts of DTV holders getting closed. And I am wondering if anyone with a bank account that was opened on the non immigrant B visa.
Background:
I have been in BKK for about 2 months on DTV. And I have a bank account I made in early 2023 when I was on a Non-immigrant B visa. I was hired by a company in my home country and entered BKK on that visa if I understand it right. I was hired in my home country so I was already an employee and was basically an expat worker entering Thailand.
I opened an account with help of the company right away, then later in a month or so, I got a work permit. So in my case it was not an ED visa or DTV when I opened my account.
Why dont the banks / goverment allow people on tourist visas to open highly limited bank accounts that could be a win win. E.G limit transfer amounts in / out monthly. Limit transfers to foreign accounts etc that way day to day spening is possible but business / work isn't.
I don't know about you guys but I would be happy with a bank account with a tiny limit such as 1,000 baht per month all my large spending can be on credit card and my small day to day stuff on my thai account.
This limit would stop people running businesses or getting paid through their thai bank accounts but allow legitimate tourists to use the bank account
I recently was married to my Thai fiance. Today I was told by my Kasikorn bank that I can't add my wife to my Thai account with a retirement Visa. I'm not sure if that means I will have to update my retirement Visa to a marriage visa 🤔