Money exchange

[Chromeman]

Is there any legal way for us non-residents who only comes down here for some weeks or months every year to open a bank account and get a bank card in a Thai bank?

[caller]

Yes, not difficult at all. I'm on my 2nd Kasikorn account. Probably helps to go with a Thai. You will probably need to provide a residential address, but I wouldn't be surprised if someone came along and said that's not the case!

Plenty on the forum already about this.

[Dannie Boy]

Yes, not difficult at all. I'm on my 2nd Kasikorn account. Probably helps to go with a Thai. You will probably need to provide a residential address, but I wouldn't be surprised if someone came along and said that's not the case!

Plenty on the forum already about this.

It's going back a few years, but when I opened my Kasikorn account, I used the hotel that I was staying at as the address. I did tell them (the truth) that I was buying a house and needed to send money to pay for things and it wasn't a problem.

[Chromeman]

Sounds good!

Is Kasikorn the best bank to choose in this case, or are other better suited?

[Dannie Boy]

Sounds good!

Is Kasikorn the best bank to choose in this case, or are other better suited?

I tried one other bank (can't remember which one) but they wouldn't let me open an account on a tourist visa. This subject has been covered on other threads and I believe the consensus was that Kasikorn was the easiest.

[J.J.B.]

I'm with Kasikorn and am quite happy with their service, most of which I utilise online. I just took my passport with Tourist Visa and wrote the address of my house, which was being built at the time. They were more concerned about what picture I wanted on my bank card!

[JimmyGreaves]

Tried SCB and Ayudhaya recently with a friend and they would not allow on the tourist visa. Ayudhaya allowed opening the foreign exchange account though which they did.

[caller]

Yes, years ago, SCB in HH turned me down as I only had a tourist visa.

[oakdale160]

When reading the business pages of the post and nation, I read commentators saying that the political uncertainty will have worrying consequences for Thai. A declining rate of tourist arrivals, which has apparently happened and a decline in the value of the baht. Although the baht has declined in the last 6 months, there has been no move recently even though the uncertainty has increased. What do the financially savvy posters think about this?

[Pleng]

I don't think it will drop again until something actually happens. There's more uncertainty but there's no international-headline-grabbing action yet. When that happens expect the rate to drop again.