Opening a Bank Account in Thailand

Opening a bank account in Thailand 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.

 

One of the first and most essential things expats need to figure out in Thailand is how to open a bank account. You need it to handle your finance including sending and receiving money from abroad.

 

If you’re thinking of setting up a business in Thailand, you'll need to apply for a corporate bank account for your business.

 

Siam Legal provides assistance for a smooth and hassle-free way in opening up a bank account in Thailand. For inquiries and assistance, please fill out the form and send it to us. You may also call us at 084 021 9800.

Open a Thai bank account within 45 minutes!

Opening a Bank Account in Thailand

What are the benefits?

  • You will receive assistance in opening up a savings/current bank account
  • You will receive a Bank book and a debit/ATM card
  • Online Banking (Thai mobile number is required)

Who are eligible?

  • Applicants who are currently on visa exemption stamps or short-stay visas
  • Applicants who are currently in Thailand on a non-immigrant visa or extension of stay

What are the requirements?

  • Passport
  • Guarantee letter (to be provided by Siam Legal)

How to apply?

  • If you reside in Bangkok or Chiang Mai, we will accompany you personally to the bank.
  • If you currently reside in the provinces, we will coordinate with the branch of the bank nearest you and set up an appointment for you to open an account. The staff at the bank will take care of you. We will mail the necessary forms that you need to submit to the branch of the bank.

Opening a Corporate Bank Account

Requirements for Corporate Bank Account (Thai Company)

  • Documents related to juristic persons such as Certificate of the Company Registration verifying names of directors, managing partners and authorized directors (dated not more than one month previously)
  • Identity documents and House Registration of authorized person(s) such as Citizen ID card or any other ID cards
  • Certificate of Shareholder Registration (Bor Or Jor 3), certifying the company seal or any amended registration details (Bor Or Jor 4)
  • Letter of Authority from authorized person(s) on behalf of the juristic person (if other person is an authorized representative to withdraw funds)
  • Identity documents and House Registration of authorized representative to withdraw funds such as Citizen ID card or any other ID cards
  • Minutes of the Board Meeting authorizing the opening of the account and designating the signatories for payments with a company seal (if any)

Requirements for Corporate Bank Account (Companies Registered Overseas)

  • Minutes and Board Meeting authorizing the opening of the account and designating the signatories for payments and closure of the account.
  • Certificate of Incorporation
  • Articles and Memorandum of Association
  • Power of Attorney and Passport of the grantee (required in case the signatory is not a director of the company)
  • Passport of the directors and authorized persons. If a shareholder holds more than 25% of company shares

For the quotation of fees for opening a corporate bank account, fill out the form above and send us your inquiry. You may also call us at 084 021 9800.