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.

So..my condo requires me to pay my water and power bill by scanning a QR code with a Thai bank account..those of us on the DTV cant have Thai bank accounts? Or maybe we just cant use bangkok bank..I suppose the next move it to try to get an account with a different bank. They really make this more difficult than it should be

Not sure if you all are aware but you can get a fully verified TrueMoney account now with just passport and DTV - can accept and send QR/promptpay payments.

If you use the true money machines at mrt or true stores, can load up to 20k at a time. Max wallet balance 50k.

I hate cash and thai banks don’t seem to be an option now so this is the best solution imo.

Hi folks, since I cannot seem to get a Thai bank account with my DTV, I would like to register for a TrueMoney account, so at least I can have the convenience of paying for stuff with QR codes, even if I do have the faff of topping up the account using cash at Seven Eleven. Can anyone confirm that they have been able to open a TrueMoney account being on a DTV and using only your passport as ID. And can the registration all be done with the app, or will I need to actually go to a Seven Eleven when I arrive in Thailand next week? Thanks!

For those that don't have a Thai bank account and want to use the QR code for payments, you can now use tagthai that uses KBANK. For info go to

Opening bank accounts is not going to be getting easier anytime soon. This is not aimed at DTV holders but it is about all accounts. Thailand seems to be getting serious about scammers and limiting bank accounts is just one tool.

"To further deter the creation of mule accounts, the BOT will make the account opening process more stringent. Banks will be empowered to refuse account openings if the applicant's circumstances are unclear or to impose transaction limits or even deny account access from the outset."

[members only]

Hello everyone. I see a lot of people asking about a bank account in Thailand.

If you are on a DTV visa it can be difficult to get a bank account.

I have been using an app called deep pocket and have had no issues.

You can pay rent with it. Any place that has a QR code option you can pay.

You can transfer to most Thai banks.

I think this can be useful for some people.

Edit. I forgot to mention you get a Thai card which is useful for online purchases. Thai netflix or other similar services.

Hi Guys

I know that opening up a bank account on the DTV can be difficult, so I am thinking of other options. I basically just want the convenience of being able to use my phone to pay and not having to carry cash around everywhere. Would revolut or wise accounts work for this? Is there anyone that uses their revolut or wise accounts for this and what are the fees?I am trying to decide which account to get. Thanks

If you’re on a DTV visa and struggling to open a bank account, I’ve just found something that works: DEEPPOCKET.

I signed up yesterday and got approved this afternoon. You can top up at Big C, Tesco Lotus, or even bank branches by following the app instructions. I tested it out by having a friend send me 500 baht via QR scan, and so far, no issues.

It’s only been a day, but it’s already making things easier. At least I don’t have to carry so much cash around anymore. I’ll be using this until the banks decide what to do about DTV visa holders.

Advice needed about money from UK to Thailand. My daughter has recently moved to Thailand and is getting her Ed visa sorted. I'll be visiting her and sending her money, we both have wise cards (as yet unused). It suggests you can 'spend like a local' but I can't see how that works when she says they don't have contactless anywhere, also she doesn't know how to transfer her rent using Wise. She's always paid in cash and has to withdraw cash weekly. Is this how it is locally??

She's been taking money out of her uk bank at ATMs and being charged fees both ends. She tried to get cash using her passport in a bank to avoid atm fees but they refused.

I guess what I'm asking is what's the best way to use the wise card, she has a physical one and digital one, with different numbers (not sure why she has two?). It may be that I'm a dinosaur, but advice would be much appreciated.