What are the recent challenges foreign expats face when opening bank accounts in Thailand?

If TikTok cannot do it no other agency can. They are a bunch of very hardworking and well connected girls.

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.

9-thailand-to-implement-stringent-compliance-regulations-for-new-bank-accounts?

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Yea, there was a column in the Bangkok Post about it a few weeks ago.

It's because of scammers. They will also check that everyone's Thai SIM card has the same registered name as the account holder.

I posted that too. Will delete the duplicate. TikTok have been around a long time and they are very well connected.

I hope drivers licenses become the same. Where applicants actually have ro do the tests and prove they have the skill and knowledge to use a car or bike in thailand.

I know I am dreaming

right now very strictly for some nationality maybe can do again round April

Team can I suggest you look at a wise bank account. Keeps ypur money offshore. Automaticslly comverts to thsi naht at good rates. Get up to 5% interest on money in it. I don't bring banking into thailsnd. Just cash and wise.

May help in future with tax issues if ypu don't use deposits system. DTV is a tourist/soft visa so your not a resident. Do your own research.

No benefit for me.

I heard it s because of the scams and underground lottery apps using Thai bank accounts with foreigners names.

So mainly it s a bank account problem, and if you can t open a bank account you simply can’t apply for a retirement visa in thailand, as you can’t open an account on a tourist visa anymore, bo matter what