How to Open a Bank Account in Thailand as an LTR Visa Holder

Foreigners holding the Thailand Long-Term Resident (LTR) Visa enjoy a wide range of privileges — including the ability to open a Thai bank account with select banking partners. Below is a step-by-step guide on how to open an account at Bangkok Bank and Kasikorn Bank, along with the required documentation and additional benefits available to LTR Visa holders.

Opening a Bank Account with Bangkok Bank

Before visiting any Bangkok Bank branch, Thailand LTR Visa holders are required to notify the LTR Visa Unit at least 4 working days in advance by email. Here are the steps to follow:

1. Email the LTR Visa Unit at ltr@boi.go.th
2. Include the following in the email:
   • Preferred Bangkok Bank branch
   • Date and time of your planned visit
   • Required attachments:
     • Copy of passport (all relevant pages)
     • Copy of LTR Visa page
     • Copy of LTR Visa Endorsement Letter
     • Copy of ID card or foreign-issued driver’s license (must be presented in-person)

3. Once the LTR Visa Unit receives your email, they will coordinate with Bangkok Bank and confirm your appointment.
4. Visit the chosen branch of Bangkok Bank on your scheduled date with original documents.

Bangkok Bank Services for LTR Visa Holders

• Savings Account in Thai Baht or Foreign Currency (supports 14 major currencies: USD, EUR, GBP, CNY, JPY, SGD, HKD, AUD, NZD, CHF, CAD, DKK, NOK, SEK)
• Debit Card
• Credit Card (requires fixed deposit as collateral)
• Internet / Mobile Banking (Thai SIM card required)
• VIP Accident Insurance (PA1)
• Access to Mutual Fund Investments

Note: Foreign Currency Deposit (FCD) accounts are subject to the bank’s terms and the policy of your home country. Please contact Bangkok Bank directly for more details.

Opening a Bank Account with Kasikorn Bank (KBank)

Thai LTR Visa holders can open an account at any KBank branch nationwide — no advance appointment is needed. Simply visit a branch with the required documentation. Here is the list of the Required Documentations:

1. Travel Document (any one of the following):
   • Valid Passport
   • Travel Document for Aliens (T.D.)
   • Certificate of Identity (CI)
   • Temporary Passport
2. Proof of Identity (any one of the following):
   • LTR Visa stamp in passport
   • Official documents issued by Thai government agencies (e.g., Thai driver’s license, house registration)
   • National ID card or driver’s license issued by your home country
3. LTR Visa Endorsement Document:
   • Official Letter of Endorsement from Thailand BOI or LTR Visa Unit
4. Thai Address Proof:
   • You must provide a valid Thai address and contact details with supporting documentation (e.g., utility bill, rental contract, lease agreement).

Important Notes:

• Each bank may have additional internal requirements or eligibility assessments.
• Ensure all documents are originals or certified true copies where required.
• Some services (like mobile banking or credit cards) may require Thai mobile number registration.

Make the Most of Your Thailand LTR Visa Privileges

Opening a Thai bank account gives Thailand Long Term Visa holders the flexibility to manage day-to-day expenses, receive local payments, and invest in Thailand with ease. Whether you’re a retiree, remote worker, or skilled professional, Bangkok Bank and Kasikorn Bank offer account services relevant to your needs.

For further assistance, you may contact the LTR Visa Unit at ltr@boi.go.th or consult directly with your preferred bank branch.

Disclaimer: The content on this website is provided for general informational purposes and should not be interpreted as legal, financial, or professional advice. While we make every effort to ensure the information is accurate and current, some details may be subject to change or may not be fully up to date. We do not accept liability for any actions taken based on the information presented.