Foreigners Face New Hurdles in Opening Thai Bank Accounts

[KhunHeineken]

  On 2/18/2025 at 1:25 PM, 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....?

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

[scottiejohn]

  On 2/18/2025 at 1:47 PM, KhunHeineken said:

obligated to submit certain information

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Please tell me what that "certain information" is!

It is not explained in your meaningless quote as usual!

[KhunHeineken]

  On 2/18/2025 at 1:26 PM, scottiejohn said:

My question was not directed at you

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So? 

 

It's a public forum, and I'm always happy to alert other members to your BS. 

 

 

[KhunHeineken]

  On 2/18/2025 at 1:29 PM, 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

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

 

Just more of Thailand becoming unfriendly to foreigners.   

[KhunHeineken]

  On 2/18/2025 at 1:40 PM, 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!

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I thank you for following me. 

 

It's fans like you that keep me posting. 

 

I feel the love, and so does AN.  

[KhunHeineken]

  On 2/18/2025 at 1:44 PM, 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.

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

[scottiejohn]

  On 2/18/2025 at 1:47 PM, KhunHeineken said:

Now, is the above my "opinion.?"

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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!

[MikeandDow]

  On 2/18/2025 at 12:47 PM, KhunHeineken said:

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

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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 !

[metisdead]

Off topic bickering/baiting/stalking posts and replies have been removed.

[Wyabcp]

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...

[fleccer]

  On 2/18/2025 at 1:53 PM, KhunHeineken said:

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

 

Just more of Thailand becoming unfriendly to foreigners.   

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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

[jerrymahoney]

  On 2/18/2025 at 1:20 PM, KhunHeineken said:

So how it it relevant on a forum for foreigners?  

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It is relevant as in the OP to:

 

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

 

 

[webfact]

Future Uncertain for Retiree Bank Accounts in Thailand

 

AN composite for reference only

 

ANALYSIS

 

While most tourists in Thailand enjoy their holidays without needing a bank account, some are encountering difficulties when trying to open one.

 

Full story:  https://aseannow.com/topic/1352201-future-uncertain-for-retiree-bank-accounts-in-thailand/

[OneMoreFarang]

  On 2/18/2025 at 1:29 PM, 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

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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.

[LivingNThailand]

  On 2/18/2025 at 10:21 AM, 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.

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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.

[ronnie50]

  On 2/19/2025 at 1:08 AM, 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.

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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.

[LivingNThailand]

  On 2/19/2025 at 2:39 AM, 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.

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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.  

[sandyf]

  On 2/17/2025 at 10:54 PM, Aussie999 said:

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

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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.

 

[Aussie999]

  On 2/19/2025 at 5:36 AM, 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.

 

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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.

[lordgrinz]

  On 2/19/2025 at 3:27 AM, 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.  

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

[NoDisplayName]

  On 2/18/2025 at 1:47 PM, KhunHeineken said:

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

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Oh, lawdy, lawdy!  Now we's dun fer!

 

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

[sandyf]

  On 2/19/2025 at 5:40 AM, 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.

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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.

[StandardIssue]

  On 2/17/2025 at 3:35 AM, Olmate said:

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

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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.

[Olmate]

  On 2/19/2025 at 6:31 AM, StandardIssue said:

 

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.

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Dont dare to.bribe THE.IO?? Dont.dare is your go to cop out... Watchout for those.shadows  newbie AN member! lol

[TheAppletons]

  On 2/19/2025 at 6:02 AM, NoDisplayName said:

 

Oh, lawdy, lawdy!  Now we's dun fer!

 

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

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  Oh sure, make jokes.  

 

  But you know what they're going to do with that "certain" information?  They're gonna do....do...something with that information.  

 

  And that something could be the beginning of another thing.  Are you saying that can't happen?

[NoDisplayName]

  On 2/19/2025 at 7:38 AM, TheAppletons said:

And that something could be the beginning of another thing.  Are you saying that can't happen?

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"We hold these truths to be self-evident: all men and women are created, by the, you know, you know the thing."

 

Of that, I am.........certain.

[Letseng]

  On 2/17/2025 at 6:02 AM, Nid_Noi said:

Not true. Visitors can open bank accounts in the US, Canada, France, Spain, etc...Like I said banks don't like dormant accounts so they may require a minimum of deposits and withdrawals to cover their fees.

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France, Spain, are EU member countries. EU rules are universal. When you can't open an account in Belgium then you can't open one in Austria or in Spain unless you have a permanent address +++

[KhunHeineken]

  On 2/19/2025 at 6:02 AM, NoDisplayName said:

 

Oh, lawdy, lawdy!  Now we's dun fer!

 

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

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Yes, it's very specific and accurate information, but hey, you just kick back, have another Leo, and continue to do NOTHING.  It's all a hoax, like Covid.    

[KhunHeineken]

  On 2/18/2025 at 10:26 PM, jerrymahoney said:

It is relevant as in the OP to:

 

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

 

 

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Does someone using an agent for the 800k launder money?  No.  Does someone using an agent for the 800k  defraud anyone?  No? 

 

A mule account is used in conjunction with the proceeds of crime.  

 

Yes, using an agent for the 800k is a breach of the immigration laws, but those using an agent for the 800k is not what they are targeting with this policy. 

[jerrymahoney]

Your 2 interrogatives are not what I wrote.