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Aroldo *********
This is a summary of
Aroldo *********
's contributions to the platform. They have posed 2 questions and added 12 comments.

QUESTIONS

COMMENTS

Aroldo **********
@Jude ***************
Hmmm... I never thought they were so strict nowadays. That's weird because I even had my account restricted at some point last year and after making a video of myself holding my passport they let me continue using it again as usual.
Aroldo **********
@Jude ***************
I don't know, maybe they have new requirements to open new accounts? I only used my passport. No visa or work permit required, but I opened my account with them at least 6 years ago.
Aroldo **********
Anonymous participant 908 having a Thai bank account allows you to cash out crypto on a Thai crypto exchange. In my case, most of my savings are in crypto and I don't have any source of income, so it's very helpful and saves me a ton in fees. If I had only Wise it would cost me 3.5% in taxes to convert from my country's currency to any other foreign currency. Also, Wise only allows me to withdraw around $300 USD from ATMs outside of my country. Any amount above that is charged extra 1.75%.
Aroldo **********
@Dcbyron **************
very helpful advice. Just completed my border bounce here at Mae Sai in less than 30 min 😃
Aroldo **********
Totally endorsed. Financial literacy is very low here. But so it is in other countries as well.
Aroldo **********
If a branch refuses to open it to you, just try another branch. It really depends on the person you're talking to. I've opened mine with Bangkok bank. Just needed a Thai citizen with me to sign as my guarantor. I was on a tourist visa at the time.
Aroldo **********
@Benjamin *****
yeah. I'll do that this week. Was hoping anyone in a similar situation could share their experience. Thanks
Aroldo **********
@Kool ******
nothing was canceled, but thanks for your comment. It's out of my original question.
Aroldo **********
@Kool ******
my wp3 has not been cancelled so I don't think I'm overstaying. My non b is valid until the end of next month.