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expat financial services
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This page displays all the results for the Expat financial services tag, sorted by the most recent activity. There are a total of 26 questions that have been tagged with Expat financial services. Explore the questions to find discussions and information relevant to this topic.
In May my wife and I will be going to Thailand for 7 weeks on a Non-Immigrant O Visa – we are 77 and from the United States. Unfortunately, we can not stay long enough to season our money in the bank since we are going to Africa to do a gorilla trek and our dates are set. Our goal on this trip is to set up bank accounts to deposit 800K into each account using wise. We have rented an Airbnb condo and have received from the owner the 7-week lease, her ID card, and her ownership of the condo document. In December we will return on a new Non-Immigrant O Visa and after two months apply for an extended stay permit for a year.
Our Problem: I am reading in Facebook that Kasikornbank (K-Bank) and other banks will not allow us to open bank accounts with that short a lease (even though we will have a TM30, Certificate of Residence, photos, and Thai phone numbers linked to our passports).
I see 3 possible outcomes:
1. Kasikornbank will allow us to open accounts.
2. We have to rent a cheap condo while we are gone for a year ($300/mo) just to have a lease.
3. Use an agent.
From your experience, will Kasikornbank allow us to open an account. Are some branches or cities better to use? If not, and we have to use an agent, what would the cost be using our own money and not the agent’s.
And again - Bangkok bank problems. A freind of mine who now lives in the uk has had his Bangkok bank account frozen. He opened it circa twenty years ago when he used to do business in Thailand - but now only visits as a tourist. He now wants to just close the account and take the money in it out. However has been told as it’s frozen he can not close it! Question is what can he do?
Is it possible to open a bank account with just a Non-B visa? I’ve recently accepted a teaching job, and while I already have my Non-B visa, I’m still waiting for my work permit to be issued
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