How easy is it to open a bank account in Thailand with a Destination Thailand Visa?

Unfortunately you can’t open a bank account with this Visa or a tourist vis, I put this question forward to our Visa agent just last week

Bangkok bank asked me for a “travel insurance” 6k thb lol I declined. Makes no sense to me to pay 6k to open a bank acc

How about getting a Wise card and just use that for cash withdrawals to avoid the high FX fees typically incurred when using a credit/debit card to withdraw from Thai bank ATMs.

I asked at Krung Thai Bank in Phuket and the woman who served me hadn't even heard of the Destination Thailand Visa. So I think it will take some time and will be accepted by some banks eventually. But nobody knows how long it will take. Since I do a language course with the Education Visa at the moment, it was possible to open a bank account at Krung Thai, I opened it just last week. Other banks like Krungsri, Kasikorn and Siam Commercial refused the Education Visa. Except Krung Thai, only the Government Savings Bank said they would accept the Educational Visa. With Krung Thai I had to choose a package with insurance though, which is 2,6k Baht per year but after the first year, it will be possible to change this package to the Standard Mastercard which is just 200 Baht per year.

I checked with Kasikorn Bank in Silom last week and they said they are not accept DTV visa :)))

Many places only accept scan payments via QR code or few places that accept card want to charge 3-5% or more to pay by Visa/mastercard etc...

So fairly beneficial and also transferring larger amounts when exchange rate more favourable could well save you 1,000s of £$€ over a year depending on disposable income & financial spending

😎🙏🏽

If you're asking does the DTV (Destination Thailand Visa) cut any ice when you go to the bank to try to open an account that answer is NO it does not..

At this time few banks even know what that visa is, and it's just as hard to open an account on a DTV as it is on a free stamp or tourist visa entry

Sadly, I have read no verifiable reports where ANY bank is cutting people on DTV's any slack trying to get an account open 😕