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I want to apply for a retirement visa using the 800,000 baht in thai account. Every bank I've been to says I need a work visa, Right now I have only a 60 day tourist visa and have no intention of working here. How do I open an account?

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The typical scenario is that you have entered Thailand on a Non-O visa with the intent to extend based on retirement. With the Non-O visa, you will have more luck with setting up a bank account. It is getter more and more difficult to open an account with a tourist visa. You can try going to different branches until you find one that will setup the account, but I suspect you will have a very difficult time finding one, depending on where you are located. It will be nearly impossible if you are from the US.

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Just keep asking... preferably in large branches.

If you ask often enough, the statistical chance of finding a bank employee that is not too stupid and or lazy will increase.

There is NO reason for refusal, other than stupidity & lazyness & face.

 

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Many folk have this problem, but don't despair. You'll probably have a better chance once you have a Non-imm O visa, which you're going to need anyway. It will show intent.

 

You then don a good pair of shoes and keep going from branch to branch, telling them you have 800k to put into their bank and tell them why. Get a bit stubborn and politely ask to the manager, If possible have a Thai with you who can speak up for you.

 

And just keep going until one of them says yes. There is no other format other than determination.

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If you have a one year rental contract try Krungsri

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45 minutes ago, timendres said:

The typical scenario is that you have entered Thailand on a Non-O visa with the intent to extend based on retirement. With the Non-O visa, you will have more luck with setting up a bank account. It is getter more and more difficult to open an account with a tourist visa. You can try going to different branches until you find one that will setup the account, but I suspect you will have a very difficult time finding one, depending on where you are located. It will be nearly impossible if you are from the US.

Your not wrong there,and if you have a hotel address you will definitely have zero chance of opening a bank account ,but good luck trying

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53 minutes ago, oldhippy said:

Just keep asking... preferably in large branches.

If you ask often enough, the statistical chance of finding a bank employee that is not too stupid and or lazy will increase.

There is NO reason for refusal, other than stupidity & lazyness & face.

 

According to Siam Legal, which is usually a very good reference, a "Guarantee Letter" is the only other requirement than a passport:

   https://www.siam-legal.com/other-services/opening-a-bank-account-in-thailand.php

 

So this may be the missing piece. I have no idea what that letter is, and I would suggest using any other law firm for this purpose, as Siam Legal is one of the most expensive firms in Thailand.

 

Konrad legal mentions a "reference letter from your home embassy", and maybe this is the "Guarantee Letter" Siam Legal is referring to:

   https://www.konradlegal.com/blog/finding-it-difficult-to-open-a-bank-account-in-thailand-for-a-foreigner/

 

Another thread on TVF on working with BBL It references the embassy letter:

   

 

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Krungsri opened one for me. Look up requirements on their website. Then ask to speak with manager, politely. Explain your situation. Have them or yourself ring the head office to clarify if needed.

 

It can be done, obviously, dont know why they make it a painful process. 

 

Why make the effort with customer service when you can just wai....

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22 minutes ago, SteveK said:

Good luck, you're gonna need it.

A positive post? Hardly.

OP it has become more difficult in recent years. Many banks wanting all sort of things. Many want see one year stamp. As some folk suggest above you need shop around. I recently opened an account at K bank FD account after changes to retirement rules.

They were very helpful. 

Point is another bank wanted "letter" from my bank au and something from my embassy. Stuff that.

Shop around you will have success.

 

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5 yrs ago I opened mine online with Bangkok Bank New York. They also have a branch in London. Once I moved here I easily was able to open an account locally in Pattaya so I could transfer from Bangkok Bank NY to my local account.

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If I would be in that case I would go to immigration , and explain your plan for retirement , and ask for a supporting letter from them for opening a Thai bank account .

It all depends bit where you are based , as in Pattaya example you would have more chance as all deal more with foreigners .

In last resort an agent could be the solution as they have for both their contacts …..

 

PS: you would need a address certificate   

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My non-Thai wife was rejected opening an account at SCB, the application even went to the HQ but was still denied. She is on non-O marriage visa for being married to me and I had an account there with regular monthly income and savings. That was the eye opener for us to leave Thailand permanently, as she will never be part/integrated in this country or seen as an equal. I know it's just a bank account but on several occasions I've seen how she was mistreated. 

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After YEARS of refusal by a SCB branch in Chanthaburi (Tops supermarket), I tried my luck at another branch (Tesco Chanthaburi). NO PROBLEM !!! Being a cheeky old wiseguy that doesn't like FACE, I went back to the Tops branch, showed them my bank book and now I am the proud owner of 2 SCB bankbooks.....

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I've opened 3 bank accounts on a tourist visa, just keep trying different branches until you find a friendly one. Don't pay the circ 6k commission some dodgy branches ask for

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Have you tried opening a Foreign currency account?

Have you got an existing customer of a bank already in Thailand that can vouch for you?

Have you got a Embassy letter.

Have you tried the main/head office branches in bangkok.

Say you will SWIFT transfer the money into an account (two transfers) if they open an account (Keep the transaction record in case you need to transfer it back)

What have you got to prove the legitamacy of your money?

I would say you would be very lucky to get a THB account on a tourist visa (it was ok back in 1994 though ).

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