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Opening A Bank Account

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I'm in Chiang Mai on an Ed visa, but long-term plan to move to a retirement visa.

Is it possible to open a Thai bank account for whatever reason, but eventually will have to have the retirement amount in there?

Ideally, I'd be looking at a day to day account and leave the retirement fund well alone.

Any ideas of who pays reasonable interest while all that money is sitting in there?

You should find it fairly easy to find a bank which will open a savings account for you, offering both a passbook and an ATM card; if you draw a blank at the first bank, then try another.

You may well be required to provide some evidence of your current address.

As stated if one bank say no go to another that says yes, no problem. As for address no prof needed but you will be asked for an address and phone number so have those handy and your passport.

Reasonable interest ?

Forget it.

1% if you are lucky.

Reports seem to favour Kasikorn as the friendliest toward foreigners.

Reports seem to favour Kasikorn as the friendliest toward foreigners.

With kasikorn you can get a virtual credit card for shopping on the Internet.

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