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Can I open a Thai bank account with a Digital Nomad Visa (DTV) and what documents are needed?

Feb 15, 2025
7 days ago
Roland ****
ORIGINAL POSTER
anyone had luck opening thai bank account with DTV? I want to avoid these pesky ATM fees.. what to do if they ask for proof of your apartment??
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TLDR : Answer Summary
Opening a Thai bank account on a Digital Nomad Visa (DTV) can be quite challenging due to strict banking regulations. Most banks require a long-term visa and proof of residency to approve account applications. If you're asked for proof of your residence, it's advisable to bring your lease agreement, owner's ID, house registration, or a letter from your host along with a signed ID card copy. Some users have suggested banks like TTB or ways to avoid ATM fees, such as withdrawing cash directly from a bank with your card. However, recent changes in regulations have made it increasingly difficult to open accounts for those on short-term visas.
DTV VISA RESOURCES / SERVICES
Huen ****
Where do you live? I opened my bank account in ttb bank hangdong one week ago, I think all ttb bank accept dtv
David ********
Why do you want one if your income isn’t coming from Thailand?

When you transfer your money from your country to a Thai bank you will pay fees and depending on the bank may lose money from the exchange rate.

Just pay the 220 baht ATM fee on max withdrawal amount.
Andrew *******
@David *******
one of the worst possible ideas unless you’re on a short vacation. With apps like wise the fees are minimal and all shown upfront.
Luit *****************
@Andrew ******
that only works if the one you have to pay money to, accepts a Wise transfer to his account.
David ********
@Andrew ******
ah yeah I just checked, I would save about 100 baht transferring from wise to Thai bank rather than withdrawing 20k baht from the ATM
Marta *************
Up me

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Aliz ****
@Marta ************
success rate?
Marta *************
@Aliz ***
mine was 100%. Went in THAT branch, asked, they called me back saying I can do it. Went and did it.
Henrik *****
In general DTV is not eligable for a Thai bankaccount.

Most banks would only open Bankaccounts to people on long term visa's ( DTV is Tourist ).

Even when depositing 400.000 - 800.000 Baht for visapurposes, it is almost impossibel to open a Thai Bankaccount.

Banks only want customers, that have had a permanent Thai adress for several months, have a long lease on room / apartment, have a steady income to come to the account regulary, and most important have a proper long term visa ( Which DTV isn’t )

Banks in Thailand are like everywhere in the world, interested in having good stable custormers, that have a permanent address, a steady easy traceable income, and use the account all year round.

That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.

Don’t expect to get a residence certificat, until you have stayed at a permanent adress in at least 3 month, since that is what the residence certificat should confirm.

Furthermore the added attention on whitewashing of money, is an added burden on the banks, so reluctant depositing large amounts isn’t a guaranteed way to open an account.

The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.

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*****
9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?
Christopher *******
Try TTB Bank
Barry ******
That's not a valid reason for a bank. Try moretapay.com or plebqr.com
Marcus ********
Thai Bank accounts Now many restrictions due to recent changes, try wise account the exchange rates are that good and the ATM fee isn't big, transfer to Thai baht and withdraw from ATM, no tax charges either
Luit *****************
@Marcus *******
Are you sure you pay not 220 baht fee when you use ATM with your Wise account? It is Thai bank who charges 220 baht ATM fee for foreign cards
Marcus ********
@Luit ****************
I said the ATM fee isn't big but the exchange rates are good so it pretty much covers the fee
Marcus ********
@Luit ****************
100% all card payments occur a fee accept Thai bank cards and even them occur 20b if outside the Providence the account was opened
Luit *****************
@Marcus *******
so since Wise is not a Thai bank card, it should have a fee of 220 THB or am I missing something?
Marcus ********
Aliz ****
@Marcus *******
how long have you been doing that? Heard stories of people getting their Wise account closed due to usage in Thailand but i couldn't find many sources. On Wise website it says it's fine but I'm just looking out to get a plan B or even plan C ready
Marcus ********
@Aliz ***
I have Thai bank anyway as I'm a resident but previously used wise
Marcus ********
@Aliz ***
mine was closed also with wise I now have revolt account
Luit *****************
@Aliz ***
Why should Wise account be closed when used in Thailand?
Ping **********
try TMB
Chris ******
Which part you are please?
Werner ************
Not possible anymore
Anonymous ******************
I saw a video once on instagram , but I personally have not tried it yet, the video was about how to pull money out of your Card without having to pay the ATM fee, which was saying go to the bank with your bank card and passport and ask them to pull money out of your account, that way someone could avoid the 220 ATM fee( bank card I mean debit or credit card Visa or MasterCard )
Henrik *****
Reliable sources does not do instagram videos.
Sean *******
Henrik *****
Many banks will just point you in the direction of their ATM.

So don’t count on that.
Sean *******
This doesn't work anymore. I used to do it at the Krungsi exchange booths years ago.
Pavel ************
@Sean ******
working, cash advance, but ur bank still hits u with atm %
Sean *******
@Pavel ***********
Which banks does it work? My virgin money debit card doesn't charge any fees.
Pavel ************
@Sean ******
kungsry
Greg ********
Anonymous participant 590 I saw that too. One comment was they still charge a fee. The other was regarding what exchange rate are you getting? Would be interesting to know.
Sean *******
@Greg *******
The exchange rate was good and you could withdraw up to ฿100K. I tried to do it again 3 years ago and it didn't work. But Pavel says it does and if he's right then it would be good news. If Thai banks want a TIN number.
Greg ********
@Sean ******
Let's see. I saw the TikTok videos. On par with
****
sandwiched and what can I get with 100 Baht tips lol
Greg ********
It was difficult to open an account on a DTV previously and most often needed an agent. New Bank of Thailand rules mean it might well be impossible now and agents posting they cannot open new accounts.
AllSabai ******
@Greg *******
we are here to help in case 😊
Biff *******
@AllSabai *****
can you help open an account in Bangkok ?
AllSabai ******
@Biff ******
please you can send us a message
Greg ********
@AllSabai *****
You can still do it in Bangkok? Interesting. All agents stopped thst service and announced it yesterday. Will DM you
Andi ***********
@Greg *******
Do they help open accounts?
Paul *******
Simple, bring your lease and owners ID and house registration or if it's a friend or your Thai wife hosting you, instead of a lease a letter indicating this but again, their signed ID card copy and house registration.
Sean *******
Will be impossible now.
Paul *******
@Sean ******
It's not impossible. Depends on the bank and/or branch.
Chris ******
@Paul ******
agree 🙏 i tried 8 banks before i got mine 🙏
Glenn **********
@Chris *****
the new rules go in on Monday 17th February
Glenn **********
@Paul ******
nope, not from Monday. New regulations to stamp out scammers. Even an agent wont help you.
Paul *******
@Glenn *********
One agent said that but there may still be others who can help.
John **********
@Glenn *********
can you share this new regulation?
Sefton ********
@Glenn *********
Its never impossible.. Its always up to them.. Theres no law and its always discretionary policy.

It is likely to get harder..