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New Bank Account ?

Featured Replies

Morning all, 

 

Just reposting this under new thread - thanks for the earlier responses.

 

'Off the back of my (and many others) nightmare experience with having my Bangkok Bank account frozen for identity verification, I wondered if the experienced amongst us would think 1- having had my docs approved I'm unlikely to experience this again with BB (although I am aware they seem to cause unwanted difficulties when it comes time for visa extensions especially if an agent is to be used) and 2 - whether a change of bank would be recommended. I am in Pattaya area and will, for my upcoming visa extension be using an agent although the plan for future extensions will be to go down the DIY/non agent route. I am aware that it seems to be increasingly problematic to manage a visa extension through an agent in Pattaya area if you bank with BB.

 

Is there a more 'foreigner friendly' bank I can go to where using an agent is a more smooth process.  A couple of alternatives have been suggested to me.

 

I'd be grateful for your thoughts.

 

ta'

If you hold a long stay visa, certificate of residence along with confirmation of SIM registration to you from your phone company, you should be able to open an account at another bank of your choice.

I was able to open a Krungsri account (as a new backup to my backup 555)  this week in Bangkok using retirement visa, driver's license, condo lease agreement, and sim card receipt. They asked for work visa at first but realized I cannot work under a retirement visa and allowed it. They also took several days to check with their main office before opening it, so it may take more than one visit. Per stories on social media, it seems it all varies by branch regardless of the bank.

Opened a new savings account with Krungsri two days ago here in upcountry.

Had passport (Non O retirement), yellow book/pink card. Had bank books from BKB and Kasikorn as a potential reference. But seem uninterested.

They found(!) the old TM30 and the 90 day slip in the passport. Both copied.

Main hurdle: tax residency and TIN. (I am not US).

In a way had no clue and in the end I wrote my country of birth which I left as a child and "don't have TIN".

Another "hurdle": your home country address.

I don't have anymore. But that is impossible in their scheme.

So wrote 60 year old address from country of birth. Off to the files and they were happy.

No proof for both hurdles needed.

Got bank book, debit/ATM card and internet access. They helped me finish the registration for the app.

 

Took more than an hour and up to three clerks debating 😁

I did absolutely not expect it would work on the first attempt. Expected to get a list of documents needed.

A little hickup: when they had completed the bankbook they showed me and I was missing my last name. Only first and middle name 😁

So back. Do name change amendment. New book.

They couldn't read the passport correctly. That happens if you don't live in a foreigner stronghold.

21 minutes ago, KhunBENQ said:

Opened a new savings account with Krungsri two days ago here in upcountry.

Had passport (Non O retirement), yellow book/pink card. Had bank books from BKB and Kasikorn as a potential reference. But seem uninterested.

They found(!) the old TM30 and the 90 day slip in the passport. Both copied.

Main hurdle: tax residency and TIN. (I am not US).

In a way had no clue and in the end I wrote my country of birth which I left as a child and "don't have TIN".

Another "hurdle": your home country address.

I don't have anymore. But that is impossible in their scheme.

So wrote 60 year old address from country of birth. Off to the files and they were happy.

No proof for both hurdles needed.

Got bank book, debit/ATM card and internet access. They helped me finish the registration for the app.

 

Took more than an hour and up to three clerks debating 😁

I did absolutely not expect it would work on the first attempt. Expected to get a list of documents needed.

In July '24 I opened an account with Krungsri in CM Airport mall.  I provided passport, certificate of residency from Imm. and my Thai Tax ID card.  I don't remember them asking for anything else.  They set everything up for their savings account with better interest.  They also set it up so I don't pay the withholding tax.  All done on first visit.

 

I chose Krungsri because I knew they were the only Thai bank still doing fee free 'cash advance' on foreign debit cards.  Even though my debit card issuer refunds the ATM fees, I prefer getting cash advance at the teller because I can get up to 150K ฿ per transfer plus they will do at least two transfers at the same visit.  I don't show monthly transfers for my extension (embassy letter 2023-5) so I didn't require documentation for Imm.

It’s a mystery what they think they are accomplishing with all these nonsense rules. Whoever came up with them must be thick as sh!t. 

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