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thai banking
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Good morning Thailand. I don't make many posts in this group but as the banking thing is a hot topic at the moment, I'm relaying my experience yesterday at Kasikorn.
To give you some background I've been retired in Thailand for eight years. Opened bank account with Kasikorn at that time on non-O visa, no problem. Thought I'd be smart a year ago and switched to DTV as it seemed a better option for me - I travel a bit, so the regular outs and ins mean I'm always getting a fresh 180 days, plus there's no financial requirements.
My debit card expired last week so I went to my bank branch yesterday to get a new card - no problem EXCEPT I've been put on notice that Kasikorn does not recognise the DTV. They told me my account will be closed in six months unless I switch back to a non-immigrant visa. The manager told me that Kasikorn will not freeze accounts, but will gradually inform customers of the new requirement and will give adequate notice for customers to reassess their situation.
I will today contact the embassy where I obtained the DTV to see if I can now cancel the DTV and apply for a non-O. It's a real pain, but I need the convenience of a Thai bank account. I would imagine a lot of DTV holders don't have the need for a Thai bank account (that pay crap interest anyway) so they will be unaffected.
Whether Kasikorn goes through with their ultimatum I imagine remains to be seen, but I won't take the chance, and they have all least been considerate enough to let me know.
Is my yellow housebook a proper substitute for a certificate of residence for opening an account with K bank or do I need to get the CofR from immigration beforehand?
is there anyone get face scan in scb bank?When we go to bank they ask current visa or not?I am asking because i dont want to update anything.But in the future i can change my phone so i need face scan.Anyone knows they want NON O visa or not for update.Btw i opened my account 13 years ago with my ED visa.But now have tourist visa.
Got my account locked by Bangkok bs kin Roi-et , Staff seem clueless. Any other bank which is easier to get account ( have 15 months left on non immigrant visa , letter from immigration , two Thai driving licences ( bike and car ). They say they not take a TM 30. Must have a yellow book !
So my Bangkok bank account was finally closed as well.
What have you all been doing about it once it is closed? What other apps have been used for scanning or paying bills? Or what have you all been doing to keep access to baht other than keeping piles of cash on you?
I own a condo and have bills and expenses and a life here to maintain so if anyone has found a good work around this banking debacle I would love to hear it
I know many people have had their Bangkok Bank account frozen. I was just curious if anyone has used UOB? I have both a Bangkok Bank and a UOB account so far no problems with either.
The UOB account is a legacy Citibank account, I thought maybe people having problems with BB could try UOB, they seem ok with branches and ATM everywhere.
Hi Guys, opened my two bank accounts yesterday with KASIKORNBANK in Hua Hin and now want to fund them. First to transfer money to a savings account..and a mimimum of 800k bht then transferring from there to a Fixed Deposit Account which pays some low interest, about 1%, but better than nothing. The minimum 800k bht to stay in that account to satisfy Non O immigrant requirement.
I have been having a nightmare trying to transfer money from my UK Lloyds account..with also exorbitant transfer costs. So transferred some money from my Wise account just to see the difference. The Wise transaction was done in seconds and at a good rate of 43.5bht / £.
I am now thinking of doing the balance with Wise but understand there may be issues in the future.(?). So would appreciate any advice?
And btw: didn’t need to go to immigration at all. Just took my owner documents, blue book etc., together with my passport and that was enough evidence for them to open my accounts. Thank you.
Which bank works best with Wise for inward remittance so that it easily shows foreign transfer on the statement. I’m finished with Bangkok Bank. Many thanks.
Update: please state what wise process gives FTT in the Thai bank statement. You will know what I mean if you have direct experience.
Excuse me: I always read (or maybe I missed the other topics) about problems involving Bangkok Bank. But what about other banks? Has anyone had their account frozen? With which bank? Thanks.
In view of on-going Bangkok Bank problems, I am thinking of opening another account elsewhere. Despite having lived at the same address for over a decade, nothing is in my name. So, how do I prove my address? Is a Thai driving licence sufficient? Seem to recall something about a yellow book. Is that an answer? Something from Immigration, despite them never having visited?