Skip to content
View in the app

A better way to browse. Learn more.

ASEAN NOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Business bank account which bank is quickest?

Featured Replies

My son is going to open either kasikorn bank or Bangkok bank business account.

Anyone opened one recently as told it can take a few weeks for it to open and he has just registered his buisness account and wanting to get going ASAP

Wondering if Bangkok bank is better as seen quite a bit of negativity towards Kasikorn lately

I have always really liked Kasikorn never had any problems and proof of funds for my yearly stay take less than 15 minutes

Edited by kwak250
Spaleingz

I’ve got two Thai companies here. Bangkok Bank was a nightmare for me, Kasikorn is fine for basic banking, and SCB is the one I go back to over and over.

From what I’ve seen, you’ve got it the wrong way round. Kasikorn wouldn’t be the one I’d be worrying about, despite the negativity you’ve read.

That said, the bank matters less than the branch. What slows a corporate account down is whether that branch has dealt with a company with a foreign director before. Some get it done in a morning; others send you back three times for documents they could have listed on day one.

Ring ahead and ask straight out if they handle corporate accounts with foreign directors. Then go to that branch rather than the nearest one. A good realtionship the long term bank staff goes a long way.

Check their document requirements before you go. In my experience, the company affidavit needs to be fresh, usually issued within the last month. Take the company stamp (good tip: I register all my companies without one) and have all directors bring their passports.

Edited by Expat84-BKK
explain why i dont have a company stamp

  • Author

Hi its my sons business (Thai)

I am not going near it which makes it easier

No company stamp as when he registered they said it wasn't needed as he can sign instead

SCB sounds perfect

He did try to open a normal bank with bangkok bank a few years ago and they didn'treally want to and opened with kasikorn but though a business account might be easier

On 9/8/2026 at 6:19 PM, kwak250 said:

My son is going to open either kasikorn bank or Bangkok bank business account.

Anyone opened one recently as told it can take a few weeks for it to open and he has just registered his buisness account and wanting to get going ASAP

Wondering if Bangkok bank is better as seen quite a bit of negativity towards Kasikorn lately

I have always really liked Kasikorn never had any problems and proof of funds for my yearly stay take less than 15 minutes

Advertisement

@kwak250 Several members have quoted opening bank accounts in the past, but not recently. As with most things here in Thailand the rules change like the seasons.

I tried to opened an account with Kasikorn in February (this year) and was confronted with their 'new' requirement to produce a government issued id from my home country which showed my home address e.g. driving licence. I tried several branches and all insisted that this was the banks requirement. 'Brick wall'.

I attached below details from KBank's web page re: personal accounts. Sorry can't find anything on their business a/c.

Best of luck.

https://www.kasikornbank.com/en/personal/account/pages/savings.aspx

AISelect_20260910_081948_Chrome.jpg

Recently (like in 7 months ago) I opened a business account (for my Thai Co.,Ltd.) with Kasikorn.

If your paperwork is in order, it gets done on the spot (so definately not days or weeks), but count on spending an hour or two and half a gazillion signatures.

No idea on the company stamp as I have one.

Just make sure all the paperwork is prepared, from memory you need at least a shareholders meeting statement agreeing on openening an account, an up-to-date company affidavit (not older then 3 months), a paper from your mobile provider stating you are the legal holder of your mobile number, all your company papers (where they can see who is allowed to sign/co-sign for the company etc.), passport obviously.

In about 2 hours accounts were active (have one in THB and one in UK£) and bankbooks in hand.

They had the mobile app working on the spot, and same day received sms/mails with links to open online access (web based).

No atm card possible apparently on company account, but can do qr payments with the app.

On 9/9/2026 at 9:43 AM, kwak250 said:

Hi its my sons business (Thai)

I am not going near it which makes it easier

No company stamp as when he registered they said it wasn't needed as he can sign instead

SCB sounds perfect

He did try to open a normal bank with bangkok bank a few years ago and they didn'treally want to and opened with kasikorn but though a business account might be easier

Not sure from your post if your son is Thai, or the business is Thai!

If your son is Thai, then different posibilities, might be registered with DBD as sole proprietor then.

Then again, he wouldn't have had issues opening a personal account.

And a company account is supposed to be used only for the company, not for private use.

Edited by pdebuck456

  • Author

Thanks for your response

My son is Thai (born in Thailand)

He is going today with my wife as the share holder to SCB

He has a sole proprietor buisness set up but recently changed to a LTD company mainly because taxes are so high

I hadn't realised you can have a ba k set up in GBP as well as thai baht as most of his business is going to be in GBP

Thanks

3 hours ago, kwak250 said:

Thanks for your response

My son is Thai (born in Thailand)

He is going today with my wife as the share holder to SCB

He has a sole proprietor buisness set up but recently changed to a LTD company mainly because taxes are so high

I hadn't realised you can have a ba k set up in GBP as well as thai baht as most of his business is going to be in GBP

Thanks

Ok, today is saturday, so only the "shopping mall" branches are open?

Not the best place to open a company account, if they even want to do it!

A GBP account (or most other main currencies) is possible, but only in specific branches which are "international trade centers", with Kasikorn anyway.

And those are very limited accounts, not accesible online etc.

Edited by pdebuck456

  • Author
7 hours ago, pdebuck456 said:

Ok, today is saturday, so only the "shopping mall" branches are open?

Not the best place to open a company account, if they even want to do it!

A GBP account (or most other main currencies) is possible, but only in specific branches which are "international trade centers", with Kasikorn anyway.

And those are very limited accounts, not accesible online etc.

SCB was 1st choice but as my son hasn't been banking with them they said it will take 6 months from when he opens a personal bank account

Kasikorn which he has been banking with said 3 months

My wife asked if she went to the main bank on Monday would it be quicker and they said it will be the same.

Ah well they brought me back some donuts so not all bad

Still said they should try Monday at the main bank like you say a Big C branch isn't going to be as good.

1 hour ago, kwak250 said:

SCB was 1st choice but as my son hasn't been banking with them they said it will take 6 months from when he opens a personal bank account

Kasikorn which he has been banking with said 3 months

My wife asked if she went to the main bank on Monday would it be quicker and they said it will be the same.

Ah well they brought me back some donuts so not all bad

Still said they should try Monday at the main bank like you say a Big C branch isn't going to be as good.

Still weird, I had my two company accounts set up at Kasikorn (a main branch with international trade center) in 2 hours flat.

Also on a brand new registered Co.,Ltd.

  • Author

7 months ago it seems it was far easier

I will see tomorrow hopefully quicker than what they were told Sarurday.

  • Author

30 days minimum (scb/ kasikorn)

Bangkok bank takes 1 year

All banks are saying it has changed drastically in the last few months

You need a minimum of 6 months of banking records in the bank you are wanting to open a company account to even be considered

Will wait a month from today and see what happens.

48 minutes ago, kwak250 said:

30 days minimum (scb/ kasikorn)

Bangkok bank takes 1 year

All banks are saying it has changed drastically in the last few months

You need a minimum of 6 months of banking records in the bank you are wanting to open a company account to even be considered

Will wait a month from today and see what happens.

If those waiting periods are indeed the norm nowadays, Thailand is finished for any kind of startup business.

On 9/11/2026 at 11:21 PM, pdebuck456 said:

If your paperwork is in order, it gets done on the spot (so definately not days or weeks), but count on spending an hour or two and half a gazillion signatures.

No idea on the company stamp as I have one.

Just make sure all the paperwork is prepared, from memory you need at least a shareholders meeting statement agreeing on openening an account, an up-to-date company affidavit (not older then 3 months), a paper from your mobile provider stating you are the legal holder of your mobile number, all your company papers (where they can see who is allowed to sign/co-sign for the company etc.), passport obviously.

In about 2 hours accounts were active (have one in THB and one in UK£) and bankbooks in hand.

They had the mobile app working on the spot, and same day received sms/mails with links to open online access (web based).

No atm card possible apparently on company account, but can do qr payments with the app.

In terms of your paperwork, did it include your work permit, (or was the work permit application still in process). The reason I ask is that I am being appointed a director of a Co Ltd this month and will be added as a signatory on the company's existing Kasikorn bank account. However I don't have an existing personal account with K Bank and my new work permit is unlikely to be approved until Dec 2026. So curious whether these will be issues/obstacles .

On 9/11/2026 at 11:21 PM, pdebuck456 said:

Edited by mark5335

  • Author
1 hour ago, mark5335 said:

In terms of your paperwork, did it include your work permit, (or was the work permit application still in process). The reason I ask is that I am being appointed a director of a Co Ltd this month and will be added as a signatory on the company's existing Kasikorn bank account. However I don't have an existing personal account with K Bank and my new work permit is unlikely to be approved until Dec 2026. So curious whether these will be issues/obstacles .

The company account is for my son who was born in Thailand

As my wife is a shareholder it might now go in her name as advised by the banks as she has over 6 months of transactions and was told she passed the initial checks

My son who is 21 has most of his money going into his wifes (I know crazy) account

I am sure you have nothing to worry about as its already set up and your are going to be added to an existing established Ltd company.

Thanks for clarifying, although my question was in response to @pdebuck456 and his experience with K Bank.

On 9/16/2026 at 3:33 AM, mark5335 said:

In terms of your paperwork, did it include your work permit, (or was the work permit application still in process). The reason I ask is that I am being appointed a director of a Co Ltd this month and will be added as a signatory on the company's existing Kasikorn bank account. However I don't have an existing personal account with K Bank and my new work permit is unlikely to be approved until Dec 2026. So curious whether these will be issues/obstacles .

Nowhere was a workpermit asked for.

I still am confused, how do you even run a company without bank account?

How do you receive money from customers?

I don't mean private customers but B2B customers?

My company works for other (big) companies, and no way they would pay invoices into personal accounts.

And how do you forward withholding taxes without a company bank account, and settle your monthly VAT balance?

I simply cannot see somebody run a business without company account...

My accountant is finalizing the paperwork for my first book year, and one of the things the auditor needs is the full bank statements for the period he does the (compulsory in Thailand) audit on....

If your company has registered capital of more then 5 million, the funds have to be in the company account within 15 days of incorporation, how does that work without bankaccount?

And if you apply for a workpermit the capital (2million) is also supposed to be fully paid up into the company account.

Edited by pdebuck456

7 hours ago, pdebuck456 said:

Nowhere was a workpermit asked for.

I still am confused, how do you even run a company without bank account?

You can't. But you can't run a company without having a work permit either.

32 minutes ago, Caldera said:

You can't. But you can't run a company without having a work permit either.

Since when does a Thai need a work permit to run a bussiness ?

1 hour ago, Ralf001 said:

Since when does a Thai need a work permit to run a bussiness ?

Note that I didn't reply to the OP whose Thai son wants to open a corporate bank account. A Thai - obviously - doesn't need a work permit.

  • Author
7 hours ago, Ralf001 said:

Since when does a Thai need a work permit to run a bussiness ?

Exactly no work permit needed just ID card and a bank account

6 hours ago, Caldera said:

Note that I didn't reply to the OP whose Thai son wants to open a corporate bank account. A Thai - obviously - doesn't need a work permit.

so... your reply was pointless then ?

2 hours ago, Ralf001 said:

so... your reply was pointless then ?

Not at all, you just misunderstood it, maybe learn to take note which post(er) is being quoted.

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.