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banking in thailand

Showing 191 questions

This page displays all the results for the Banking in Thailand tag, sorted by the most recent activity. There are a total of 191 questions that have been tagged with Banking in Thailand. Explore the questions to find discussions and information relevant to this topic.
Jun 6, 2025
3 days ago
Graham ********
ORIGINAL POSTER
Hi all,

A shock to the system combined with a degree of ignorance.

My initial 12 month Non - O extension of stay (based on being over 50) expires in the first week of July and I intended to apply for a further 12 month extension based on the monthly income method of 12 consecutive months of international transfers (minimum 65,000 baht each month).

The issue is as follows:-

My Kbank branch informed me that my monthly deposits have been transferred from my Australian Credit Union to the Bank of America in Bangkok and therefore the transfer from them to my Kasikorn Bank account is not deemed to be an international transfer. The statements refer them to be automatic transfers (I was aware of that but still thought they counted as an international transfer).

Has anyone had similar issues and is there a way around it. I am meeting with a visa agent here in Chiang Mai on Monday.

Regards!

Graham
Jun 6, 2025
3 days ago
Richard *********
ORIGINAL POSTER
My wife and I are presently divesting ourselves of our assets in preparation for retirement in Hua Hin.

As we are currently residing in the US, we plan to make Thailand our home by December 31st.

To ensure a smooth relocation, I have joined this group to conduct research and have noted that several members are experiencing difficulties with banking requirements. Following a review of the comments, I have surmised that hiring an agent would be the most advantageous approach.

I would like to inquire:

Is this assessment accurate?

Is it recommended that we hire an attorney or agent?

Could anyone suggest a trustworthy contact in the Hua Hin or Bangkok areas?

(Special recognition goes to Meta AI for a well written correction of my original post!)
Jun 2, 2025
7 days ago
Bill **********
ORIGINAL POSTER
A question about the Non-Immigrant O-A visa. It seems to be too good to be true. At least according to the Thai Consulate in Munich you need to be over 50, show a PENSION income of at least 65,000 baht monthly (currently €1700) OR 800,000 baht in a bank account HERE in Germany. Plus you need medical insurance and a certificate from the police. They say this allows multiple entries and stays of up to one year PER ENTRY.

This seems to be too good to be true. Meaning you’d just have to get this visa once and you could come and go and each time and stay up to a year. Or stay permanently and do a visa bounce once a year. There seems to be no time limit. No lining up at Immigration to get extensions and multiple re-entry permits. Do I understand this correctly?

I’m considering this visa because banks are reported to be cracking down on accounts held by foreigners who don’t have long-stay visas.
May 31, 2025
9 days ago
Sebastian *******
ORIGINAL POSTER
I need to send a large sum for a Thai friend to buy a house. I don’t want comments on this, I know 100% what I am doing.

What would be the safest way to do it?

Swift transfer to friend’s Bangkok bank is possible? Will the EU bank allow this?

Wise/revolut I am afraid they would freeze the money and start asking all sort of questions and would be a nightmare to stay in touch with them.

Should I come to Thailand, open a bank account and then transfer there and then to my friend?

If so on what visa could I do this? I leave elite visa as my last option(expensive and I don’t really need to be that much in Thai for the next 5 years)
May 22, 2025
18 days ago
Steve *******
ORIGINAL POSTER
Has anyone refinanced a mortgage after the 3 year initial period?

What kind of fees does that entail? Is it easy?

And is it worth it to just get the lower 3 year rate vs having it reset to MRR?

Also what about switching banks vs staying with the same bank? Is that possible?

To all the grumpy expats with nothing going on in their lives…I’m not interested in your jaded opinions. Keep it to yourselves. 😂
May 21, 2025
19 days ago
Nijradee *************
ORIGINAL POSTER
How I can request a residence certificate in Thailand (commonly used for visa, driving license, or banking purposes), along with the documents required, steps, and how long it takes?
May 17, 2025
22 days ago
Sean ********
ORIGINAL POSTER
Hi All

Looking for some advice.

Retireing in Thailand later in the year.

I have had the same UK works phone number for over 30 years, and use it for everything.

Obviously this uk sim will have to be returned.

I will then have to get a new uk sim and change my mobile phone number on all my uk accounts ect.

I realise I will have to get a Thai number when I move for Thai bank reasons.

Do I have to keep swapping between uk and Thai sims, maybe have 2 phones. Or will uk banks ect accept a Thai number ?

Just looking for a simple and cheap solution.

Thanks for your help 🙏

Hi all, should have said, I have an iPhone and would like to keep it,
May 16, 2025
23 days ago
Andy ********
ORIGINAL POSTER
Hi all, I'm currently in Bangkok on my first week on a Non O Visa from the UK. I need to transfer the 800,000 Baht, so that I can apply for the 1 year extension. I have setup a bank account at Krungsri Bank in Bangkok Phrom Phong. Can I send the 800K Baht using Wise ? I know that maximum that can be transferred is 500K each time, so I would need to do 2 x transfers.

Will the Immigration office be ok with a transfer from Wise for the 1 year extension ? I could use Barclays Swift payment, but would be much more expensive.

thanks!
May 14, 2025
a month ago
Brown ********
ORIGINAL POSTER
Hey all. So I've just got my 2nd non-o extension and want to start the 65k deposit a month process instead of the 800k.

I spoke to an agent who said I need to get a credit advice from my bank to state the transfers every month are from outside Thailand.

I transfer with wise and she couldn't advise if that's ok or not so just wanted to check if anyone has or is currently doing this through wise and not had a issue with this process and if so. How do you go about resolving it.

Cheers
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