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expats
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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.
UPDATE: Just approved May 9!!! Thank you every one
I applied in Hanoi 10 days ago but it still hasn't been approved. Is there anyone else waiting in Hanoi like me? Is it taking so long for the visa to be approved because my expected arrival date is next month? Or is it because I apply my stay to 5 months?
Has anyone used an agent to open a bank account or has anybody been successful in obtaining a bank account? Having a Thai bank account would make life so much easier 😭
To those who got their passport abroad, what did you type in "place of issue"? My passport doesn't have this field so I'm struggling because of the posts of several people who got their application cancelled because they filled in the country where the passport was issued. My passport has the voice "Authority". Should I type in what it's written there? I mailed the embassy which replied me "Fill in the form in full accordance with the information in your passport". Please only replies from those who have already applied in a situation similar to mine. Thanks