As a foreigner living in Thailand, having a Thai Bank Account in Pattaya allows you to handle your finance easier and it facilitates your daily payments. Plus, it helps you to avoid the withdrawal fees for ATMs. But most local banks require too many documents for a foreigner who wishes to open a bank account in Thailand. Don’t worry! IBS makes it easier for you, by providing assistance in opening a Thai bank Account in Pattaya.
Open a Thai bank account in Pattaya?
First of all, you have to visit the bank branch in person to open a bank account which means you must be physically in Pattaya. Second, you need to prepare some required documents depending on your specific case. Then, you need to provide a passport, a work permit, proof of residence, a long-stay visa, etc.
In Pattaya, for the process of opening a Thai bank account, you may engage with IBS’s service to reduce the hassle of opening an account.
Get help from IBS to open your Thai bank account
No matter what type of visa you have, IBS’s bank account opening services guarantee that your account will be opened at unbeatable market prices.
Requirements for opening a bank account in Pattaya
If you would like to open a bank account in Pattaya with IBS Pattaya, all we need is a valid passport, a second proof of identity (if you don’t have a long-term visa), a Thai telephone number and that’s it!
Bank account restrictions in Pattaya
Depending on your country of origin, you may be required to take out insurance directly with the bank officer when you open a bank account in Pattaya.
Most popular banks in Thailand for foreigners
Bangkok Bank
Bangkok Bank is Thailand’s largest bank and also has a strong international presence. What’s more, this bank also offers attractive exchange rates for sending money abroad.
Kasikorn Bank
Kasikorn Bank is often the main choice of foreigners living in Thailand, as it makes it easy to pay your monthly bills such as electricity and water. Furthermore, there’s a Kasikorn Bank branch in almost every shopping mall.
Siam Commercial Bank
Siam Commercial Banque is a very popular bank in Thailand, easily found in every city. Its user-friendly mobile application and website have greatly contributed to its popularity with foreign customers.
Types of Bank Accounts available for Foreigners in Pattaya
Depending on your visa type, you will be able to open different types of bank accounts:
- Current accounts
- Savings accounts
- Term accounts
- Foreign currency accounts
Questions we ask ourselves before opening a Thai Bank Account
Which Thai bank is the best for foreigners to open a bank account?
What type of bank account can I open in Pattaya?
The most common type of bank accounts is Savings Account and Current Account. Savings Account is the easiest one to open for foreigners. Current Account is available for foreigners who have work permits that allow purchasing a checkbook to make payments.
How much does it cost to open a bank account in Pattaya?
If you would like to open a bank account in Pattaya with Infinity Benefit Solution, the total cost is 3,700 bath. This fee includes obtaining your certificate of residence, the cost of a debit card and the services involved in opening your account.
Why open a bank account in Pattaya?
For those who plan to stay in Thailand for a long period of time, having a Thai bank account helps you better manage your finances, including sending and receiving money from abroad, and enjoy lower ATM withdrawal fees.
Plus, it makes your life much easier in Thailand because making payments by wire transfers or QR code scanning are a popular option among locals.
What are the main international banks in Thailand?
The main Thai local banks like Bangkok Bank, Kasikorn Bank, and Siam Commercial Bank provide international banking functions. There are also some foreign banks in Thailand such as UOB Bank, Bank of China, and Citi Bank, but they have much fewer branches and ATMs throughout Thailand than Thai local banks.
Can I open a Thai bank account from abroad?
It may NOT be possible to open a Thai bank account from abroad because most local banks in Thailand require you to show up in person at the branch in order to open a Thai bank account.
Other Services
Daily Services
Go back to the Daily Services page or discover our other services and let us make your life easier and relieve you of the stress of legal and administrative formalities.
Visas
Are you worrying about visa problems? IBS helps you to obtain the visa based on your situation.
Translation
Our team of professional translators can meet your needs for translation in various languages.
Driving License
A Thai driving license is important to you when you explore the city by riding a motorbike or driving a car.
Ready to Open it?