DTV visa and Thai baht bank account?

[JourdanA]

I got the new DTV visa. When I came to Thailand I tried to open a Thai baht account with this visa. I tried five different banks. None of the banks knew about this visa. So they all said no. 

What are the chances Thai banks will update their policies to allow foreigners with DTV to open bank accounts?

[Nick Carter icp]

50 % 

They might or they might not 

[JourdanA]

 Thanks. About how long would guess it might take? In other words when should I go back to the banks and ask again?

[Caldera]

50 minutes ago, JourdanA said:

 Thanks. About how long would guess it might take? In other words when should I go back to the banks and ask again?

 

As the DTV isn't a non-immigrant visa, or equivalent, I'm not very hopeful that the banks will adjust their policies to accommodate DTV visa holders. Using an agent to help with opening a bank account might well be your best bet, especially if you need it done soon.

Edited Friday at 11:16 AM by Caldera

[Everyman]

I find this situation an effective counter argument to claims that “Thais will never turn down a baht,” in the context of the tax situation.

 

DTV holders have had to show at least half a million baht in a foreign account. You would think the banks would want those funds. 

 

I suspect someone may chime in that half a million baht is “chump change” or something. I’m not interested in such bragging.