Jump to content

Foreigners Face New Hurdles in Opening Thai Bank Accounts


Recommended Posts

Posted
28 minutes ago, scottiejohn said:

have already told you my position with regarding posting opinions on any site regarding any so called tax changes. 

This thread is about bank accounts.  Do try to keep up. 

 

Do you have an content to post about bank accounts????

 

30 minutes ago, scottiejohn said:

People  who do not know you, do not realise that you are a total charlatan

What am I advising them on????

 

I only put forward an opinion.  You only troll. 

 

You are clearly that sh*t scared of my opinions that you troll me because you need to shoot the messenger to make the massage go away for yourself.

 

If you can't afford to live here, look at a Plan B.  How does trolling me help you financial situation???? 

  • Confused 1
Posted
On 2/17/2025 at 12:44 AM, OneMoreFarang said:

With a work permit it's no problem to open bank accounts, get credit cards, etc.

Yes of course it's very easy, how did I not think of that before? A work permit.  It's jus ta piece of cake

  • Haha 1
Posted
33 minutes ago, scottiejohn said:

Now you know what it is like to get a taste of your own warped and so called opinionated facts!

No, not really. You are just uneducated and not forward thinking. 

 

I guess it comes with having to watch rice grow all day, every day, all week, every week, al month, every month, for all the year.  :cheesy:

  • Confused 1
Posted
26 minutes ago, NoDisplayName said:

Don't you know you'll have to have all your ATM slips countersigned by your moo ban pooh bah before you can apply for your tax clearance certificate, which of course must be initialized by the deputy police chief as a security clearance, before you can apply for your extension!

 

Don't you know I pay an agent????  I've only posted it 10 times.  :cheesy:

 

I couldn't care less about what's required.  That's what I am paying for.  I'm on the gold course. 

 

Also, guess what, leaving the the money in my home country more than pays for the agent's fees, with plenty left over.  It's a no brainer.  :smile:

 

29 minutes ago, NoDisplayName said:

C'mon, man!

Don'cha know they're to getcha?

It's all according to the new CRS rules.

Heck, even Kenya has signed up.

I'll ride the wave all to  the shore, and then make a decision. 

 

I've been bringing in more that 65k a month for years anyway.  Even then, I'll pay an agent, just so I don't have to deal with immigration. 

  • Sad 1
Posted
24 minutes ago, KhunHeineken said:

Some members may suggest you are scaremongering.  :cheesy:

Nope. But we know our Thai banks (directed by BOT) are checking our phone apps connecting to our accounts to ensure they match. Seems logical as we can only use phone apps now to make transactions, aside from going into a branch. When they disconitnued web access, I asked my bank (SCB) what would happen if I lost my phone while abroad? No answer. Then again, ask yourself this: what happens if I lose my CC or ATM that is equipped for just 'tapping'? Again few answers about liability.

  • Sad 1
Posted
4 minutes ago, KhunHeineken said:

couldn't care less about what's required.  That's what I am paying for.  I'm on the gold course.

I take that to mean "couldn't care less about what's required.  That's what I am paying for.  I'm on the gold ILLEGAL course."

 

🤣

  • Sad 1
Posted
25 minutes ago, scottiejohn said:

If you are scaremongering as usual then I assume you mean Thai banks and NOT your issuing bank!

As such then exactly what details do you claim that the Thai banks know about each individual transaction.

Please provide links to confirm the lies statements you are about to make!

There have been many members post about it. 

 

Here's just one from a quick Google search. 

 

https://www.expattaxthailand.com/thai-banks-crs-fatca-compliance/#:~:text=the required steps%3A-,As part of Thailand's participation in the Multilateral Competent Authority,with the Emergency Decree on

 

"As part of Thailand’s participation in the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information (MCAA CRS), financial institutions are obligated to submit certain information to the Revenue Department, Ministry of Finance, in accordance with the Emergency Decree on Exchange of Information for Compliance with International Agreements on Taxation, B.E. 2566 (2023) and related regulations (hereinafter collectively referred to as the “CRS”)."

 

Now, is the above my "opinion.?" Go on, say it is.  :cheesy::cheesy:

  • Confused 1
Posted
22 minutes ago, LetsGoJoe said:

The other day I tried to send 20,000b from my home country account to my Thai account via Wise and it was going to take 7+ days to drop. I diverted to my wife's account and it took 8mins......can't help but wonder if this has something to do with taxation....?

Are the details on your account up to date?  Eg.  passport number. 

Posted
23 minutes ago, fleccer said:

Yes of course it's very easy, how did I not think of that before? A work permit.  It's jus ta piece of cake

Yes, especially when you don't want to work, and don't have to work.  :smile:

 

Just more of Thailand becoming unfriendly to foreigners.   

  • Sad 1
Posted
14 minutes ago, scottiejohn said:

Post a screenshot of the last time you logged into AN and that I made a response within one minute without you posting or responding to me!

You cannot!

Better still ask the MODs to have a look! You won't because you are lying!

If on the other hand I have responded within one minute of you responding to one of my posts then that is part of the system and is not stalking.  It is called "notifications"!

As I have already said Report me to the MODs or shut up with your scurrilous accusations!

I thank you for following me. 

 

It's fans like you that keep me posting. 

 

I feel the love, and so does AN.   :cheesy:

  • Sad 1
  • Haha 1
Posted
19 minutes ago, ronnie50 said:

Nope. But we know our Thai banks (directed by BOT) are checking our phone apps connecting to our accounts to ensure they match. Seems logical as we can only use phone apps now to make transactions, aside from going into a branch. When they disconitnued web access, I asked my bank (SCB) what would happen if I lost my phone while abroad? No answer. Then again, ask yourself this: what happens if I lose my CC or ATM that is equipped for just 'tapping'? Again few answers about liability.

Oh, but member scottiejohn will say you are "scaremongering."  Be afraid, be very afraid.  :cheesy::cheesy:

Posted
1 hour ago, KhunHeineken said:

Now, is the above my "opinion.?"

it is certainly not a factual response to my question!

You have had time to find the answers so I assume that your lack of responses means you  don't know them off the top of your head!

I will ask again;

  • What specific information do Thai Banks record (and potentially disclose) to other entities WRT any ATM transactions?
  • I will add to that "What specific information do Thai Banks record (and potentially disclose) to other entities WRT any Credit Card transactions?

Please be precise with links, not quotes, to your answer, if it ever happens!

  • Sad 1
Posted
3 hours ago, KhunHeineken said:

Why would you have to do that?  The banks, thus the government/s, know the details of your ATM transaction anyway? 

Absolutely rubbish post no idea how banks work!!
I p*ss myself laughing when I see a foreigner try to be more "Thai" than other foreigners, as you say, more "local and integrated.") I p*ss myself laughing when I see people call  themselves "Khun"  no idea of the meaning !
  • Sad 1
  • Thumbs Up 1
Posted

Hi all, so I was planning to get my Non O visa in the UK and fly out next month, the intention was to get the 1 year extension on this trip.... given all these issues is it now going to be impossible ? I didn't intend on using an agent and I was going to try and sort it myself...

Posted
8 hours ago, KhunHeineken said:

Yes, especially when you don't want to work, and don't have to work.  :smile:

 

Just more of Thailand becoming unfriendly to foreigners.   

Yes that's true Thailand becoming a not friendly for us. But I got a family in Thailand with a wife that love me and want me stay with her in LOS. and that is enough to me, therefore if the authorities are not friendly to me I don't  care I have nothing to share with them

Posted
9 hours ago, KhunHeineken said:

So how it it relevant on a forum for foreigners?   :smile:

It is relevant as in the OP to:

 

the Bank of Thailand, targeting mule accounts linked to fraud and money laundering activities.

 

 

Posted
10 hours ago, fleccer said:

Yes of course it's very easy, how did I not think of that before? A work permit.  It's jus ta piece of cake

My comment was a reply to "Each and every day, Thailand is looking like a bad place to work or retire....."

 

If you work, obviously legally with work permit, it's no problem.

If people work illegally then they should be surprised that there are problems.

Posted
14 hours ago, ronnie50 said:

Your post prompted me to check with my mobile operator (TRUE), and while they have the correct name exactly as the bank, the passport numbers and DOB  at TRUE don't match. I'll be over to one of their shops tomorrow to update that.

When I got a new passport a few years ago I contacted the bank, my mobile operator, the hospitals, my land lady with the new number and of course immigration for the stamps.  Eventually a few others needed the new number.   Being proactive can be a good thing.   Good luck sorting it out.

Posted
1 hour ago, LivingNThailand said:

When I got a new passport a few years ago I contacted the bank, my mobile operator, the hospitals, my land lady with the new number and of course immigration for the stamps.  Eventually a few others needed the new number.   Being proactive can be a good thing.   Good luck sorting it out.

Thanks. You probably know this, but when updating PP number with the various and sundry who need it (e.g. everyone in Thailand it seems), be sure to have your old PPs with you as well - or at least a copy.

  • Like 1
Posted
45 minutes ago, ronnie50 said:

Thanks. You probably know this, but when updating PP number with the various and sundry who need it (e.g. everyone in Thailand it seems), be sure to have your old PPs with you as well - or at least a copy.

I always have a copy of my PP in my glove box and in my wallet.  Plus the number is on the drivers license.  Oh yeah.  If you want to be 100% correct you go and get a new DL with the new number on it.  

Posted
On 2/18/2025 at 5:54 AM, Aussie999 said:

as I said, is irrelevant, to opening a bank account... and that is what this is about.

Yes, it is about opening bank accounts which are dependant on circumstances such as marriage.

Tell us what new hurdles have been put in place for those that are married, have Non O based on marriage and need account for extension.

Life is a lot easier if the bank, or any other Thai staff, are talking to your wife in their native language.

From the OP

"Currently, there's no official ban on opening new accounts, but banks are exercising caution"

 

At the end of the day prospective customers have to be more proactive in selling the validity of the request, some types of visa status become virtual non starters.

 

Posted
2 minutes ago, sandyf said:

Yes, it is about opening bank accounts which are dependant on circumstances such as marriage.

Tell us what new hurdles have been put in place for those that are married, have Non O based on marriage and need account for extension.

Life is a lot easier if the bank, or any other Thai staff, are talking to your wife in their native language.

From the OP

"Currently, there's no official ban on opening new accounts, but banks are exercising caution"

 

At the end of the day prospective customers have to be more proactive in selling the validity of the request, some types of visa status become virtual non starters.

 

Wrong again, go back a re-read the OP, nothing to do with marriage, simply about opening a bank account 

Again, your comment is irrelevant.

  • Thanks 1
Posted
2 hours ago, LivingNThailand said:

I always have a copy of my PP in my glove box and in my wallet.  Plus the number is on the drivers license.  Oh yeah.  If you want to be 100% correct you go and get a new DL with the new number on it.  

 

 

.....or just get a Pink ID and use that number on your license or other accounts, no more worries about PP number changes.

  • Agree 1
Posted
16 hours ago, KhunHeineken said:

financial institutions are obligated to submit certain information to the Revenue Department

 

Oh, lawdy, lawdy!  Now we's dun fer!

 

Is not ju's infamation, dey be sendin' "certain" infamations!

  • Confused 1
  • Sad 1
  • Thumbs Up 1
  • Haha 1
Posted
33 minutes ago, Aussie999 said:

Wrong again, go back a re-read the OP, nothing to do with marriage, simply about opening a bank account 

Again, your comment is irrelevant.

You are perfectly free to believe that the personal circumstances of a foreigner have no bearing on opening a bank account in Thailand, but it doesn't make it a fact.

Posted
On 2/16/2025 at 7:35 PM, Olmate said:

5 out of 12 yourself, what else do you do yourself? 🤣

 

I said retirement VISA --- extensions are not done at desk 5 Soi 5 immigration. Also I have not lived in country contiguously for 12 years. I can see why you might need an agent.

  • Sad 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Topics

  • Popular Contributors

  • Latest posts...

    1. 204

      Trump Joins the Axis. NATO Dead. WW111 Imminent?

    2. 5

      Why do The Cars sound like Boston? Anybody know?

    3. 3

      Thailand Live Friday 21 February 2025

    4. 0

      HHS Issues Narrower Definitions of Sex, Sparking Criticism from Legal and Health Experts

    5. 0

      Pentagon Ordered to Brace for Deep Budget Cuts Despite Push for Increased Spending

    6. 0

      Trump Considers ‘DOGE Dividend’ to Return Federal Savings to Taxpayers

  • Popular in The Pub


×
×
  • Create New...