Foreigners are allowed to open a bank account in Thailand. … You don’t necessarily have to LIVE in Thailand to have a bank account but a bank might ask you some proof of residence, from a work permit, a Thai driving license or a document from the Immigration office.
How can a foreigner open a bank account in Thailand?
To be eligible to get a bank account, you will be required to have documents such as:
- A Thai driving license.
- A Thai house registration or letter from a landlord.
- A work visa or a letter showing you are qualified to get a work visa.
- A tourist or student visa.
- A reference letter from a Thai university or embassy.
Can a non resident open a bank account in Thailand?
In principle, a foreigner who has no proof of residence in Thailand can only open a non-resident bank account; however, some Thai-based banks may, depending on their internal policy and discretion, accommodate requests from non-resident customers in opening a resident account with no proof of residence.
Can I open a bank account in Thailand with a tourist visa?
Yes, it is possible to open a Thai bank account with only a tourist visa. Most banks that let you open an account with only a tourist visa are usually located in tourist areas. In Bangkok, you might want to go to banks located in Siam, Silom, and Sukhumvit areas.
What is the best bank for foreigners in Thailand?
These are the 4 top banks in Thailand for expats:
- Bangkok Bank. Bangkok Bank —Thailand’s largest bank—is popular for being the most welcoming to foreigners and non-residents. …
- Kasikorn Bank. …
- Citibank. …
- CIMB.
What foreign banks are in Thailand?
Foreign banks (Asian)
- Bank of China.
- MUFG Bank.
- Indian Overseas Bank.
- Mizuho Bank.
- Oversea-Chinese Banking Corporation.
- RHB Bank Berhad.
- Sumitomo Mitsui Banking Corporation.
Can I open a Thailand bank account online?
Can I open an account online? As stated above, many banks require you to be present in order to open an account, but major banks such as Bangkok Bank will automatically give you online banking privileges as soon as you open an account with them.
What is needed to open a Bangkok bank account?
Qualifications and Required Documents
Open a current account by depositing a minimum of 10,000 baht at your nearby Bangkok Bank branch. After opening an account, you can purchase personal cheque books with 20 cheques per book.
How can a foreigner open a bank account?
You’ll Need an ID
Foreign or not, applicants for a bank account must at least verify their name, date of birth, and physical address, say, from a utility bill. But if you’re foreign-born, you may need to offer more. These customers also need to show photo identification that includes a numeric identity.
What is non resident baht account?
(2) Non-resident Baht Account (NRBA): The account may be debited or credited for general purposes (i.e. other than investment in securities) such as trade, services, foreign direct investment, investment in immovable assets, and loans.
Can a non resident open a bank account?
A foreigner can open a bank account in the US. Most small banks only allow US citizens and permanent residents to open up bank accounts. … However, larger banks such as US Bank, TD Bank, Bank of America, Chase, and Wells Fargo will allow non-residents to set up a checking account and a savings account.
Which countries allow non-residents to open bank account?
5 Best Countries to Open Offshore Bank Accounts
- 5 Best Countries to Open Offshore Bank Accounts. …
- Cayman Islands. …
- Switzerland. …
- Singapore. …
- Germany. …
- Belize.
Can I use my Bangkok Bank card abroad?
You can use your Bangkok Bank credit card to get a cash advance overseas. Transaction fees apply and interest is charged from the day you make the transaction.
Can foreigners get credit cards in Thailand?
Can foreigners get a credit card in Thailand? Expats can apply for credit cards in Thailand, but before issuing the card, the banks set their own minimum work experience and monthly income conditions. A work permit and passport will also be required for all banks.
Is my money safe in a Thai bank?
The Bank of Thailand has chosen a policy of safeguarding the deposits of the average citizen instead of those who are much wealthier. We have chosen to protect the “little people” because they are the majority. Any deposits exceeding the coverage amount list above can be claimed during the liquidation process.