🚨UPDATE on third-party banking options like DeepPocket and Moreta, often considered alternatives for DTV holders without Thai bank accounts.

Be aware, online banking apps such as DeepPocket and Moreta have recently become popular, attracting many users.

However, after a surge in sign-ups, DeepPocket has altered its terms of service. Now, the QR-Scan feature is limited to 30-days and they will charge you 399THB every month for it!

Additionally, I ordered and received a Debit Card through the mail after waiting over a month, only to discover it's valid for less than a year…

So, if you believed these apps could fully substitute for a traditional bank account, think again! I strongly suggest securing a Thai bank account for seamless management of daily expenses.

I had my doubts from the start, suspecting these offers were too good to be true. Beware of these dubious apps that suddenly appear, tricking users into signing up only to impose fees later on.

Get a local bank account if you can!

When pulling trigger on 800,000 tbt equivalent from your US Bank to Thai Bank account — does the US BANK do the conversion to Thai Baht or is that done once it lands in Thai Bank? Or do both banks equally share in the cost of conversion ?