banking
Banking & Payments Hub Launched — Thailand Expat Services
Comprehensive Banking & Payments section with 9 detailed guides covering account opening, fees, transfers, ATMs, and Thai bank directory for expatriates.
By Thailand Expat Services
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2 min read
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Last reviewed: September 21, 2025
What's New
We've launched a comprehensive Banking & Payments section designed specifically for expatriates navigating Thailand's financial system.
9 New Detailed Guides
- Opening Bank Accounts - Step-by-step process for foreigners
- Banking Fees & Benchmarks - Thailand vs USA/EU/Switzerland comparison
- Sending Money to Thailand - International transfer options (SWIFT, Wise, Remitly)
- ATMs & Cash Management - Avoiding fees and handling cash safely
- Payment Methods - Cards, PromptPay, digital wallets explained
- Risk & Compliance - Banking security and regulatory requirements
- Thai Bank Directory - Contact info for major banks with SWIFT codes
- Banking Resources - Official links and reference materials
- Banking FAQ - Common questions and practical solutions
Why This Matters
Thailand's banking system can be complex for newcomers. Having local bank accounts is essential for:
- Visa Requirements - Many visa types require Thai bank statements
- Property Transactions - Buying/renting often requires local banking
- Business Operations - Company accounts for business setup
- Daily Life - Lower ATM fees, PromptPay access, salary deposits
Key Features
- Practical Focus - Real-world scenarios and step-by-step instructions
- Cost Comparisons - Transparent fee analysis vs other countries
- Official Sources - Links to bank websites and government resources
- Up-to-Date Info - Current as of September 2025
Coming Soon
- Interactive bank comparison tool
- Account opening appointment booking
- Money transfer calculator with live rates
- PromptPay setup video guides
Access the new Banking & Payments hub at /banking/ or through the main navigation menu.