Opening Bank Account

[Peterphuket]

10 hours ago, Yellowtail said:

 

So the bank refusing someone else's loan is the equivalent of giving you the finger....

I think you don't understand the incident.

[thonglorjimmy]

On 1/22/2021 at 4:48 PM, itsallmine68 said:

You go into a bank and say "I'd like to open an account" They will then give you the needs to open one

 

If only that was accurate and consistent advice.

[Yellowtail]

42 minutes ago, Peterphuket said:

I think you don't understand the incident.

 

As I understand it, you were trying to sell your car to someone and they were unable to get financing from Krungsri. 

 

What am I missing?

[rickudon]

Opening an account in Thailand is a bit like doing the lottery. Back in 2009 i was able to do it easy, on visa exemption, just an issue of the address (used girlfriend). In 2016, wanted a new account and it took 3 attempts to do it, even though i was married with a marriage visa extension - they wanted work permit or yellow book (neither of which i had). Finally sweet talked a bank clerk into doing it.

When i went back to same bank in 2019 to open a time deposit, they refused, even though i had a savings account with them! Eventually they relented but only if i could provide a Thai guarantor who had a blue book in their name. The process took over an hour - stupid amount of forms and bureaucracy (and not a yank).

 

Likewise with bank services. Cheapest way for me to get money from home country is to do counter withdrawal using my credit card. At central plaza, 3 banks would not do it, and the fourth did but charged a substantial fee. I have since found a couple of branches that will do it and no fee. There is just no consistency.

[Yellowtail]

2 hours ago, rickudon said:

Opening an account in Thailand is a bit like doing the lottery...

 

I don't know, I've opened at least ten accounts and haven't hit the lottery yet...