Opening a Thai bank account means no ATM withdrawal fees, no conversion rate fees, easy transfer of funds and access to Thai debit card. Coming to whether you will be able to open a Thai bank account that depends upon a lot of factors. So if you are;
- Presently on visa exemption stamps or on short-stay visas;
- Presently in Thailand on a non-immigrant visa or on the extension of stay;
Then you may be able to open a bank account in Thailand. Usually, people open account for two reasons; a) personal, and b) corporate, based on which documents required can be said;
Personal
- Passport
- Photo identity or reference letter from your home embassy or lease agreement and utility bills
- Work permit, if there (sometimes it is mandatory with a few banks like UOB)
For Corporate
- Passport
- Photo identity or reference letter from your home embassy or lease agreement and utility bills
- Work permit, if there (sometimes it is mandatory with a few banks like UOB)
- Non-immigrant B visa for business/work,
- O-A long-stay visa, or a 3-year non-immigrant visa for business
- Proof of Thai residency
- Proof of property ownership in Thailand
- Copy of Company Registration
Now that you know about the documents you need to collect, you must know about the banks mentioned here under that entertain expats to open their bank account;
- Bangkok Bank
- Kasikorn Bank
- UOB Bank
- CitiBank
- Siam Commercial Bank
- Bank of Ayudhya
- ICBC
- Bank of Thailand
- Krung Thai Bank
- Thanachart Bank
- Kiatnakin Bank
- TMB Bank
In fact, many tourists ask if they can open a bank account in Thailand. Well, for their information they must know that though it is crucial to have a work permit, there are a few banks that also allow opening an account without the need of having a Thai work permit.
