Finance and money forum

Kasikorn Bank

  • mic59

    Joined Travelfish
    30th July, 2008
    Posts: 107
    Total reviews: 5

    I've been told that you can take cash to Thailand and open a Kasikorn bank account. This has the advantage of not costing you fees initially or forex fees when you withdraw money from the account. Is this correct?

    #1 Posted: 6/2/2014 - 16:16

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  • LeonardCohe-
    n1

    Joined Travelfish
    24th July, 2012
    Posts: 2148
    Total reviews: 11

    Need to be a resident.

    #2 Posted: 6/2/2014 - 19:36

  • exacto

    Joined Travelfish
    12th February, 2006
    Location United States
    Posts: 2415
    Total reviews: 47
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    At least 98

    That is my understanding too, that you need to be a resident. I have several friends who aren't residents and have tried to open accounts at several different banks with no luck. I had an account at Thai Danu Bank when I was a Thai resident, but opening the account was a real pain in the butt. Unless you are going to be there for an extended period, it likely isn't worth the effort.

    If anyone has first-hand experience that is different, please let me know, because my friends are still looking for a chance to open a Thai bank account. Cheers.

    #3 Posted: 6/2/2014 - 21:32

  • somtam2000

    admin
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    Joined Travelfish
    21st January, 2004
    Location Indonesia
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    It depends on the bank -- and the branch. I have a Kasikorn account but I needed a work permit to get it. Bangkok Bank used to have a "tourist account" and by this page, looks like they still do.

    #4 Posted: 6/2/2014 - 23:00

  • mic59

    Joined Travelfish
    30th July, 2008
    Posts: 107
    Total reviews: 5

    Thanks, guys. I heard that from the ThaiVisa forum which is notoriously unreliable. They often have some pretty good tips but they always need to be confirmed because you get tons of people posting and half of them forget to tell you important details.

    #5 Posted: 7/2/2014 - 03:24

  • exacto

    Joined Travelfish
    12th February, 2006
    Location United States
    Posts: 2415
    Total reviews: 47
    Places visited:
    At least 98

    mic,

    if you decide to try the Bangkok Bank option somtam mentions, will you let us know how it goes? i'd like to know if you are successful opening the account, how long it took to do it, if there are fees not mentioned in the link, and what type of local address they accept. do they give you the debit card right away, or do you have to receive it in the mail a week later? stuff like that.

    good luck. i hope it works. cheers.

    #6 Posted: 7/2/2014 - 09:42

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