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expat banking
Showing 206 questions
This page displays all the results for the Expat Banking tag, sorted by the most recent activity. There are a total of 206 questions that have been tagged with Expat Banking. Explore the questions to find discussions and information relevant to this topic.
I know there's a lot of discussion surrounding bank accounts. My friend and I both got our DTVs at the same time but the difference is that I already had a BKK Bangkok so he decided to explore Tag Thai and the experience wasn't good.
I'll share what happened in case anybody else is thinking about trying TT.
Both landed at Swampy and straight to Kasikorn booth where you can see heavy advertising for TT. "No hab". After 2 more attempts found one land side but it seems the staff really have no interest in this card and each time try to put us off using it or seemed to be just tired of people asking about it.
The booth that did have it, the lady really did not want to have anything to do with it and pleaded with another colleague to set it for my friend. Overall I find this quite strange again giving the heavy promotion.
I was about to get one as a backup in case my bank acc got frozen and had my baht ready in hand but here's the major downfall of this card. You can only load it by converting foreign currency into Thai baht at a Kasikorn booth. You cannot load it directly with THB which is totally bizarre. So basically outside major cities without a Kasikorn exchange you're screwed.
He also had huge difficulty paying and scanning as well as the app constantly crashing. Finally he withdrew the baht and binned the card. Waste of time.
I opened my SCB bank account today but unlike Kasikorn bank , SCB has not given me. Bank passbook. They said all my banking has to be done by my passport. Is this a normal policy with SCB ? Maybe an account thing ? It's a savings account with them. Thanks
Some advice, there’s a Bank at Chang Wattana that has changed its policy and requires you to deposit the required visa funds for four months even though Immigration law requires two. If you don’t they will not issue your certificate of balance letter unless you give them the deposit to use for four months after you get your visa. Not a big issue but be prepared.
This is a "& more" post. I have had a Bangkok Bank account with digital banking for a couple of years now. Recently, I purchased a new phone and need to go through the set up process for digital banking again. With all of the news about foreigners' accounts getting suspended for no longer qualifying (long term visa, property ownership), what is the best course of action to get assistance in configuration of digital banking on my new phone? Do I risk it and just go into a branch, contact an agent to assist in the matter or something else?
I use my account frequently to pay my rent, utilities and typical day-to-day stuff like buying food or ordering items from Lazada. Losing it would significantly complicate my financial responsibilities.
Hello all, finally in Thailand. Q: with Non O-A visa approved 1st visit. I went to Bangkok bank with Documentation today. They required a letter from home country embassy. They called this a “certificate of residence” does anyone know what that is. Immigration did not need this.
Q: They also noted I cannot apply for Bank account without a lease agreement.
Does this mean you have to sign a lease for 1 year and stay in a rental before applying for Retirement visa? Sorry confused?
Just read this and thought useful for some who deal with Bangkok Bank
Bangkok bank told us that since 1 July, they require you to have the money in your account for 4 months (!!), before they can issue a letter that confirms proof of funds for various visas. And if you do not meet this 4 month requirement, they will lock the funds in your account for an additional 4 months, before you can access it; while giving you the right papers that you need for immigration (proof of funds for 2 months). Its not an immigration or visa requirement, but rather a banking requirement to deter money laundering and people using agents (that is what they told us)