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Posted

What is the best way for a farang to open a USD bank account in Phuket. I have retirement visa, TIN, house registration yellow book.

I asked at two branches of UOB in Phuket but got conflicting answers or the impression that they did not really know the answer. Has anyone experience of this and know the best bank /branch where the staff can answer the question?

Posted

The Thai baht is accepted currency here and you will be able to exchange USD into other denominations easily.  I have a Charles Schwab International account with free checking and 0 ATM 🏧 fees, accepted everywhere. That way you get to own and trade stocks and keep the money in your account.

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