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Setting Up A Us$ Bank Account.


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What are my options for setting up a US$ bank account whilst in Thailand? Thai Banks? International Banks? Online Banks?

Ideally, a savings account, that I can control from Thailand, that won't charge me for US$ SWIFT transfers, and avoid losing money having to convert money to-and-from Thai Baht - just keep it in US$. I don't need to access funds regularly from an ATM. I mostly need to store money, and earn interest f possible.

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Offshore banks aren't giving much in the way of interest on the US$ at the moment.

You can get 1.00% on an ALIL 30 day notice account, 0.25% on their instant access. IOM branch.

0% in a US$ account in HSBC Jersey and you'll have to keep at least US$40k or they will charge you!

Best rate I've found was 6.4% in Vietcombank but you have to be a VN national or a resident of VN to open it.

Of course all will charge to transfer money to LOS.

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