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What Are My Best Options For Paying For A New Car With A Thai Bank Account?


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Posted

Kasikorn Bank quoted me a price of ฿500. for a money order and then said a cashiers check would be ฿200. good for 45 days.

they would also let me withdraw the cash from my account and put it in a plastic bag.

How have you paid for a new vehicle and what do you recommend?

TIA

Posted

Ask the seller/dealer what they prefer. In my experience, all have wanted a bank draft - never a cashiers check or cash.

Posted

Most dealers have accounts at all the major banks, so you could transfer up to 1,000,000 online for a 15THB fee directly to their K Bank.

You might have to call the K Bank call centre to raise your daily limit. The maximum is 1,000,000 I think. If the vehicle is more than that, do it two days running for a total of 30 THB.

  • Like 1
Posted

I always do it with a Cashiers Check but make sure that you get a piece of paper with the Right name of the account from the Car dealership.

Posted

Most dealers have accounts at all the major banks, so you could transfer up to 1,000,000 online for a 15THB fee directly to their K Bank.

You might have to call the K Bank call centre to raise your daily limit. The maximum is 1,000,000 I think. If the vehicle is more than that, do it two days running for a total of 30 THB.

That's an outstanding suggestion Woodsie888. I thank you very much for making it.

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