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hobobo

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  1. 1 hour ago, userabcd said:

    I was in Krungsri bank the a few weeks ago and inquired about opening such an account, I was told it was possible and you can hold your savings in the account in your currency of preference.

     

    There are accounts for individuals but the interest rates are paltry, there are min balances to maintain and applicable fees when withdrawing funds.

     

    Have a look at the Thai banking web sites, the info is there for documentation required for opening a FC deposit account, it varies by institution. From what I see Krungsri seems to be quite easy for individuals.

    Krungsri is indeed one of the best. Their minimum balance is US$500 or equivalent in the currency chosen. They offer accounts in 12 currencies (US, GBP, EUR, JPY, AUD, CHF, SGD, HKD, NOK, SEK, DKK and CNY). Transfers are handled by the Bank of Ayudhya and in my 7 year experience (about 10 transactions a year) I've never had a cause to complain.

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