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Leong ***********

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Leong ***********

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What should I do if my Thai bank requests urgent information regarding CRS?

Leong ***********

Yes, you need to reply to them. Give them your home country tax reference number.

This is for countries to mutually share bank account information internationally. See Common Reporting Standards (CRS).

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

@Scott ********

, how one use an Amex card to rent to a private landlord?

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

@Scott ********

, with a bank account, I can do all these in 3 min anywhere in the world. There’s at least one food court that does not accept cash; only electronic payment.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

@Ryan ***********

, the money can be transferred directly into the seller’s Thai bank account.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

@Nongnuch *******

, the buyer can transfer foreign currency for the purchase from an overseas bank account into the seller’s Thai bank account for the Thai bank to issue a Foreign Exchange Transaction Form…..of course this will depend on the level of trust.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

, one does not need a Thai bank account to buy property; having a property would be reason to open a bank account.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

@Ryan ***********

, a Thai bank account is not needed to purchase property; in fact, foreigners need to remit money from overseas to register property in their name.

However, banks will open a bank account for foreigners on the basis on property ownership.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

There’s a big crackdown on scammers and their use of bank accounts.

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Can tourists currently open bank accounts in Thailand given the recent non-O visa application restrictions?

Leong ***********

“long term” tourists - to pay rent, utilities, use QR payments……

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CRS compliance Thailand visas Non-O visa bank account requirements expat banking Thailand immigration rules financial regulations in Thailand expat experiences in Thailand money laundering crackdown foreigner banking policies Thai banking issues expat financial regulations bank account verification tax residency in Thailand scam alerts foreign national banking in Thailand

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40 comments

6 days ago

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Will I be allowed reentry to Thailand after my visa runs?

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23 days ago

How can I recover money scammed by a visa agent in Thailand?

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25 days ago

0 comments

2 months ago

What are the challenges and recommendations for opening a bank account in Thailand on a Non-O visa?

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2 months ago

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2 months ago

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