What if I only have a Thai bank account, is it good for the visa?
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TLDR : Answer Summary
Having a Thai bank account can be beneficial for visa applications, particularly if you meet specific financial requirements, such as maintaining a minimum balance of 500,000 Baht. Some users seek clarification on whether a tourist visa allows for the establishment of a Thai bank account, indicating ongoing interest in the intersection of banking and visa eligibility in Thailand.
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Banks in Thailand are like everywhere in the world, interested in having good stable custormers, that have a permanent address, a steady easy traceable income, and use the account all year round.
That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.
Furthermore the added attention on whitewashing of money, is an added burden on the banks, so even depositing large amounts isn’t a guaranteed way to open an account.
The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.