Thousands of foreigners buy condos in Thailand but they're paying cash for them, and the money must come from overseas. Incredibly rare situation where Thai banks will loan Thai money to a foreigner to buy a Thai property. Perhaps if you're married to a Thai lady, it might swing something
Simply because of the visa category. In the past, agents used local bank managers by paying them to ignore the visa category. Accounts are now being audited away from the branches, and those which are attached to tourist visas are being suspended or frozen.
My lady's sister is a regional manager with Bangkok Bank in Chantaburi province. She has informed me Bangkok Bank has around 500,000 customers nationwide of foreign birthplace. With a customer base of 17,000,000 the foreign "contingent" represents less than 3%
It depends on the banking regulators. In the big picture, foreigners make up only a small percentage of customers. Those that use agents and the only transaction is 800k in and out on the same day each year are not considered profitable customers, so banks would have no problem in suspending the accounts and moving those customers on
I live in Thailand. I have a long term visa. I have a bank account. No hurdles. This post relates to a DTV, which is categorised as a tourist visa, as it requires the holder to regularly leave the country. That's the regulation. How does stating a fact make me a troll? Look at yourself first
Using an agent is bad advice. If the incorrect visa is used, the bank auditors will freeze the account. You can bet your bottom dollar there will be no refund from the agent. Even Thai Visa Centre has announced they can no longer help with bank accounts. Way too risky