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Banks with proper descriptions in the bank statement


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I regularly import my bank statements into my accounting system.

 

For this, I rely on proper descriptions in these statements. KTB is acceptable, but with KTB Next closing 1st of February, I will lose the ability to export a statement (the app only allows to send PDF statements by email, which is not ideal).

 

I opened an account with Kasikorn, but their statements are terrible. It just says “Debit Card Spending” or “Transfer Withdrawal”, which can be anything. KTB would use the name of the business, or the account number that money was transferred to.

 

I have previously tried SCB, but that was even worse, just showing long alphanumeric strings as the description.

 

Before I go and open more Thai bank accounts, I wanted to ask if anyone can point to a bank where it is possible to easily export statements as CSV and where the descriptions used for the line items mention the third party that money was sent to or received from?

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1 minute ago, ubonr1971 said:

What do you mean by this statement??? Closing where?

 

 

 

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8 hours ago, Crossy said:

 

 

 

To clarify, are they saying that at the end of jan I will not be able to go to the url www.ktb site on my laptop. But still use the ktb next app on my phone. Is this correct?

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8 hours ago, ubonr1971 said:

To clarify, are they saying that at the end of jan I will not be able to go to the url www.ktb site on my laptop. But still use the ktb next app on my phone. Is this correct?

 

That is my understanding, yes.

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18 hours ago, Bill97 said:

Never knew there was a World Wide standard.

Proper description would be something like “Rimping Supermarket” (KTB) rather than “Debit Card Spending” (KBank) or even worse “004999117992759” (SCB).

 

The first shows where I used my card where the latter two just show the amount, although for KBank, it also tells me about the payment method, but 99% of transactions will just show “QR Transfer Deposit”.

Edited by lkn
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