Bank Account

[zarusoba]

Is having a HSBC good enough to satify the requirements for having a bank account in Thailand ... zarusoba!

[lopburi3]

If in Thailand.

[zarusoba]

There are HSBC branches in Bangkok. So I think I'm good ... zarusoba!

[mickba]

If in Thailand.

Agreed - the only branch of HSBC in Thailand is in Bangkok and I was told I have to go there and deposit minimum 500,000 baht - only advantage was that it's 10 GBP per int' t/f rather than 21, but no faster.

Therefore I've gone Kasikorn and opened one with 2000 TB + 200 for ATM card. Brought in 1.5m since to buy a truck and everything has been easypeasy so far.

[nemo38]

There are HSBC branches in Bangkok. So I think I'm good ... zarusoba!

You need to open an account at one of the Thai branches. I don't know what their requirements are for documentation but you can find the answer on the board.

[zarusoba]

Okay thanks. I'm still going to keep my HSBC account. That is my only bank account. I opened it on line and have been using them for the past 3 years. I'm stationed in Japan and never had a problem with them. Wanting to live in Thailand was one of the main reasons I opened an account with HSBC ... zarusoba!

[asiaexpat]

Okay thanks. I'm still going to keep my HSBC account. That is my only bank account. I opened it on line and have been using them for the past 3 years. I'm stationed in Japan and never had a problem with them. Wanting to live in Thailand was one of the main reasons I opened an account with HSBC ... zarusoba!

HSBC Thailand is very restrictive account rules compared with Kasikorn and SCB unless you are a Premier level customer. I have a US Premier account with accounts in Thailand and Korea and find this works well when moving funds. But my Kasokorn account offers more services and flexiblity in Thailand.