Open Bank Account
in Thailand
Our Service
Opening a Thai bank account online offers several benefits, but foreigners often find themselves having a difficult time opening one or are unsure of what they need to be eligible for an account.
Type of Bank Account available for foreigners
Type of Bank Account available for foreigners
Foreign Currency Deposit (FCD) Accounts
Selected banks (see available bank below) offer FCD accounts for non-residents, allowing you to hold funds in foreign currencies without immediate conversion to Thai Baht.
Savings Accounts
Selected banks (see available bank below) accept non-residents to open savings accounts, though requirements may be stricter with minimum deposit
Available Banks that accept
Non-Resident to Open Bank Account
Available Banks that accept Non-Resident to Open Bank Account
*Minimum Deposit is vary on each bank regulations
and bank types.
Please don't hesitate to contact Unique Prime Thailand for more accurate information.
Benefits of having Bank Account in Thailand
Benefits of having Bank Account in Thailand
01
Investment Flexibility
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Seamless Transfers: Facilitates easier management of funds for local investments.
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Currency Options: FCD accounts allow holding funds in multiple currencies, aiding in currency exchange management.
02
Lower Transaction Costs
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Avoid International Transfer Fees: Reduces the cost of transferring funds to and from Thailand.
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Local Payments: Enables you to pay local suppliers, partners, and services directly, saving on currency conversion fees.
03
Interest and Account Benefits
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Interest-Bearing Accounts: Some savings accounts provide competitive interest rates.
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Investment Products: Access to various investment options like bonds and mutual funds offered by local banks.
04
Ease of starting and managing a business and Investment Transactions
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Streamlined Business Operations: Having a local bank account simplifies routine business activities, making it easier to pay employees, suppliers, and service providers within Thailand without international transaction delays.
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Efficient Tax Management: Local bank accounts provide streamlined access to tax payments and financial reporting, allowing you to manage tax obligations more effectively.
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Quick Investment Access: Enables easy entry into Thailand’s stock markets, mutual funds, and other local investment products, giving you flexibility to act on investment opportunities swiftly.
05
Security and Stability
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Banking Regulations: Thailand’s banking system is well-regulated, offering protections to account holders and ensuring the safety of funds.
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Currency Stability: A Thai bank account provides an option to hold funds in Thai Baht, offering stability and a safeguard against currency fluctuations in other regions.
05
Eligibility for Local Services
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Additional Banking Services: Gain access to other banking services like loans or credit facilities which may support business expansion or personal finance needs.
Eligibility & Requirements
With following details
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Applicants who are currently on visa exemption stamps or short-stay visas with a minimum of 31 days remaining for their stay
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Applicants who are currently in Thailand on a non-immigrant visa
or extension of stay
*Processes varied by individual needs.
Please contact Unique Prime Thailand for first initial consultation to get your fittest process.