Questions related to Bank Account Closure by Foreign Banks

bank account closure by foreign banks

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How do expats manage their bank accounts when forced to move financial assets to Thailand?

Jan 22, 2024

a year ago

Sam ********

ORIGINAL POSTER

Have any of you been forced to shut down your bank account in your home country (because you're no longer a resident) and move all your financial assets to a Thai bank? 

If so, were you able to invest for retirement with the Thai bank as you normally would back home? And is that only in THB or could you also invest in other hard currencies (USD, EUR, etc.) with a Thai bank?

Banking in Thailand Expat Financial Management International Banking Visa and Residency Issues Currency Investments Retirement Planning in Thailand Bank Account Closure by Foreign Banks Investment Options in Thailand Non-resident Banking Restrictions

85 comments

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How do expats manage their bank accounts when forced to move financial assets to Thailand?

85 comments

a year ago

Can I close my foreign currency account and still qualify for a Non O retirement extension in Thailand?

15 comments

4 years ago

Do I need to close my UK bank accounts when moving to Thailand?

136 comments

3 months ago

Can I keep my Bangkok Bank account after moving abroad while maintaining a foreign address?

18 comments

2 years ago

What are the experiences of expats opening bank accounts in Thailand?

15 comments

6 years ago

What are the options for UK expats in Thailand facing banking issues with HSBC?

37 comments

3 years ago

How can I keep my UK bank account while living in Thailand?

115 comments

9 months ago

What are the best ways to close a bank account in Thailand and transfer funds to the US?

19 comments

3 years ago

Will closing my bank account to upgrade my fixed term deposit affect my Non Immigrant O (Retirement) visa extension?

10 comments

a year ago

What challenges do expats face when opening a bank account in Thailand?

34 comments

5 years ago

Can I transfer my bank account after moving locations without affecting my Non-O retirement visa extension?

5 comments

a year ago

Can I Keep My UK HSBC Account After Becoming a Non-Resident?

43 comments

3 years ago

Why is it so difficult for foreigners to open a bank account in Thailand?

102 comments

4 years ago

What is the best way to maintain an English bank account while living in Thailand and using services like Wise for transfers?

75 comments

10 months ago

Can I transfer my funds to a different bank for my Thai Non-O visa extension without issues?

14 comments

4 years ago

How can I open a bank account in Thailand as a foreigner married to a Thai national?

188 comments

4 years ago

How long will a Thai bank account remain operational without transactions?

65 comments

5 years ago

What tax information is needed for U.S. passport holders transferring bank accounts in Thailand?

66 comments

7 months ago

What issues can expats face with Thai bank accounts, especially regarding large money transfers?

11 comments

2 years ago

What should I do if my Thai bank refuses to provide a letter for my OA Visa due to funds in a foreign currency account?

22 comments

3 years ago

Can I use a foreign currency account to meet the financial requirements for a 50+ visa in Thailand?

45 comments

8 months ago

What are the best banks for expats to open an account in Thailand?

189 comments

3 months ago

What should expats know about opening a bank account in Thailand to avoid triggering expatriation?

1 comments

2 months ago

What are the requirements and fees for opening a USD account with Bangkok Bank or Krungsri in Thailand?

3 comments

2 years ago

Are there any protections for funds in Thai banks holding foreign currencies, similar to the FDIC in the US?

19 comments

4 years ago

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