Open bank account on visa exempt stamp + condo PSA

[tai4de2]

When I was in Thailand recently I was successful opening a savings account at the Bangkok Bank Bumrungrad branch (I went there because it happened to be a Saturday and they were open vs. other branches in the area which are closed on weekends). I was in Thailand on a visa exempt entry. I showed the bank a Purchase & Sale Agreement for a condo I am going to buy (but have not actually bought yet), plus my passport of course.

 

There was a little back and forth because they at first tried to claim that they only do this when someone has the deed already, e.g. once the condo sale is completed. But their own brochure specifically states some of the conditions under which a foreigner can open an account, and the deed IS NOT required. Neither is any specific kind of visa.

 

See the “Open an Account” section in this document:

https://www.bangkokbank.com/-/media/files/personal/other-services/transfers/buyingcondo.pdf?la=en&hash=688DBBF0954BF058C263618189F3969BB3530BC2

 

Edited January 28, 2023 by tai4de2