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expat banking
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For those in Phuket with a DTV looking to open a bank account, I successfully opened one at TTB, Robinson Lifestyle Thalang in just two days.
Documents I provided:
1. Passport
2. DTV
3. Driving license (from my home country) with the exact same name as in my passport
4. Cover letter from my Muay Thai gym (the same one used for my DTV application)
5. Lease agreement for my accommodation (signed by both my landlord and me)
6. A signed copy of my landlord’s ID
7. Certificate of residence from the immigration office (I got mine from Blue Tree)
Be prepared for them to keep some or all original copies of the documents. I specifically requested my original Certificate of Residence back since it may be needed for other purposes.
The process took two days. The bank wasn’t busy, but the account opening counter was slow. Their system didn’t allow DTV holders to open an account, so they had to send my application to the Bangkok main office for approval. The next morning, I got a call from the bank, went back to sign a few more forms, and walked out with my passbook, debit card, and mobile banking set up—now I can use PromptPay.
P.S. I visited every bank in Central, and all of them said no.
So is it 500k baht cumulatively over the past 6 months of bank statements? Or is it 500k baht shown as a closing balance each month of those 6 months??
How can I avoid paying 220bhat ATM fees and 20k withdrawals limit, as a language Ed-visa holder? That’s such a pain in the ass.
Is there any local app that verifies me with my type of visa so i can transfer everything there from my visa card to avoid charges? Or i donno, any other workaround?
EDIT: Please Stop telling me open a bank account. I WAS NOT ABLE even after asking my school agent, yes that's quite stupid that they don't allow a non-tourist person like me open an account in Thailand.
Question: When opening a bank account in Thailand, what is easiest method to deposit funds initially....Is it a US bank to Thai bank transfer ? or bring cash ? or... ..? What is the simplest and fastest method that people have used ? Thanks !
I'm currently in the process of selling up (UK) and moving to Thailand on either an ed visa for a year or a retirement Non O.
Would i be able to study Thai on a retirement visa?
Also on Bank/savings accounts. Most of the banks offer ex pat accounts, do i go for one of those? (which one?) or move all my funds to a online or thai account? I'm looking to stick a large lump into a compound interest account to keep me going till my pension kicks in.
Any advice welcome, especially similar personal experiences.