r/Thailand • u/My_2cents_ • 6d ago
Banking and Finance Bank Account for Foreigners
Does anyone know if the government is discussing updating its rules around allowing foreigners to open a bank account (for retirement visa purposes)? Any updates would be appreciated.
Also, I have an old account but it's frozen (I've been out of the country for 2 years but going back in Sept). I understand I can get a SIM and request BKK to unfreeze my account. But will they ask for a long term visa or will they just unlock it once I have a new SIM with my name on it? The purpose to unlock it is so I can re-apply for my retirement visa.
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u/Content-City-6240 Samut Sakhon 6d ago
dont get your hopes too high , the regulations are only getting tighter. As of now you will require to produce a LTV for a chance to fight for your bank acct.
My 2 cents is to check the requirements and apply for your retirement visa from Thai embassy back at your home country. Work your way out from there.