With These Things in Mind Opening a Bank Account in Thailand can be Easy as 1, 2, 3…
Accepted! A lot of foreigners face problem to open a bank account in Thailand. They often have to run from pillar to post. But that happens only when you are not wisely informed. I mean think why a bank in Thailand wouldn’t let you open an account. Of course, they don’t have anything personal against you. Moreover, you will be bringing business to Thailand then why should they be against that. Every country has their own protocol when it comes to opening a bank, so does Thailand. And you need to fit into that.
Banks in Thailand generally allow their potential customers open their personal bank account if they qualify for the below-mentioned requirements;
- Holding a Non-Immigrant “B” visa
- Holding a work permit and/or a letter from Thai embassy confirming your residence’s address in Thailand
Let’s have a look at some of the good banks in Thailand where you can think of opening an account. Moreover, they will try to make the process easy for you.
- Kasikorn Bank: Foreigners must have these things to open an account in Kasikorn bank;
- Passport
- Temporary work permit in Thailand
- Bangkok Bank: You will require showing these documents to the bank executives;
- Passport
- A reference letter from the embassy
- Your home bank account details
- Evidence of your address in Thailand
- Your home country’s address
However, having a work permit or a permanent resident visa or a long-stay visa will qualify you to apply for banking services like cheque facility, internet banking, and online transaction.
- Siam Commercial Bank: You will be allowed to open an account in Bangkok here only if;
- You have branches or representative offices of Thai corporations
- You have tourist visa
- You are working in Thailand temporarily
- You are working in foreign government agencies, like embassies, consulates, or UN agencies, including UNICEF, ESCAP, FAO, etc
- Bank of Ayudhya: You must have at least any one of these following;
- Work permit
- Thai Driver’s License
- House Registration Documents
- Your Thai wife’s ID card or Marriage Certificate
Condominium Lease Agreement Minimum of One Year
