Policies, Rules and EligibilityBanks in Thailand have different rules and policies when it comes to giving bank accounts to foreigners. While one Thailand bank may refuse you, another bank or even branch will not. Most policies and rules depend on bank employees and branch managers. Procedures also differ. While some banks will allow you to open the account remotely, others will require you to do it in person. Some banks will verify your details the same day while others have a certain waiting period. There can be a different policy from the same bank but an adjacent branch. When you want to apply for a bank account, the bank will tell you about your eligibility and the documents you will need. To be eligible to get a bank account, you will be required to have documents such as:
- A Thai driving license
- A Thai house registration or letter from a landlord
- A work visa or a letter showing you are qualified to get a work visa
- A tourist or student visa
- A reference letter from a Thai university or embassy
- A reference letter from a “reputable” Thai citizen or a high standing Thai organization
- Communications or letter from your current bank to the specific Thai bank
- Photo ID or passport
Thank you Brett for the great info, I’ll be visiting Thailand to open a bank account probably in Bangkok bank so I can link it to my paypal which isn’t available in our country, since I’ll be a tourist on 2 months visa who will keep coming to Thailand to buy gems, paypal will ask me for residency address verification, what will I do if I’m living in a hotel or hostel?
You could always rent an apartment, especially if you are going to Thailand for 2 months.
I live I the usa and don’t have to have a visa to go to Thailand. Will my passport do. Just my passport.
Yes, US citizens get 30-day visa exemption.
Very concise and valuable content.
I am planning an extended stay in Chiang Mai and hope to see more from this contributor.
Thank you Brett for a wonderful website with so much useful information!