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kyc regulations
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For someone who may want to switch from the expensive Elite Visa scheme to the DTV, and who already has a Thai bank account, are there any risks that the bank might close the account due to the visa status change? Any relevant experiences to share most appreciated.
I recently saw posts here and TikToks of people opening accounts at TTB. So, I went to the TTB branch at Big C Extra On Nut in Bangkok and opened an account. I also got myself an ATM card, and it cost me literally nothing—not even a deposit. The staff were quite helpful and assisted me throughout the entire process, including the bank application and setting up the ATM card password.
The bank has a list of required documents for DTV holders opening an account. Here is the list:
* Passport
* Visa
* A document issued by the Thai government or the applicant’s country of origin, such as an ID card or driver's license
* Lease agreement
* TM30
* Residential house registration
Additional documents:
* Job statement
* Job contract
* Proof of soft power-related activities (e.g., Muay Thai, Thai culinary training, medical treatment), such as an invitation letter, etc.
Bring all of these documents along with copies.
In my case, I provided all of them since I had them.