Business Bank Account

Business Bank Account

When you move to Thailand or you are planning to stay here for a period of time, you will see that when you need access to your money, you will be accountable for a multitude of charges. We are also here to open a Business Bank Account Pattaya if you decide to start a business here.

So it is advisable to open a bank account, assuming different laws and documentation for each bank, where some will ask for your work permit, while others may agree to open a bank account with your tourist visa.
Because I talked about a tourist visa, now comes the questions which kill most foreign citizens ‘can I open a bank account on a tourist visa?’.

I mentioned earlier that some banks can offer you the possibility to open a bank account using only the tourism visa, but despite this, the government has changed some rules and this is still difficult to achieve. Our team can provide you any information about opening a bank account and also about opening a Business Bank Account Pattaya

For any other question about this process and about opening a Business Bank Account Pattaya we are here to help and assist you.

Complete the form to inquire about opening a Thai bank account

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For those who are still asking how to set up a Thai Business Bank Account Pattaya, you should keep in mind the next documents:
– First of all, you need a valid Passport.

– A letter that mentions and proves the residence address in Thailand.

– A letter from the embassy confirming that your passport is valid.

– Work Permit.

Please note that not all banks in Thailand are friendly when it comes to foreigners, so depending on your status and needs you have a wide range of options when it comes to Thai banks. In this case is better to call on our help when you want to open a Business Bank Account Pattaya.

Do not hesitate to contact us if you have other questions about opening a bank account or do not know how to open a Business Bank Account Pattaya. Our team will be at your disposal and will help you find the best options for your needs.

Let’s talk about people who own a business and they want to expand it and do not know much about how to set up a business bank account.

A lot of entrepreneurs which are involved in the opening their Business Bank Account Pattaya , ask about how to open a business bank account, but you must know that here you will find a wide range of possibilities, the local economy of this country is a very dynamic one.

But it is reminded that the opening of a Business Bank Account Pattaya by a foreigner will not be easy because most of them have to present their passport containing valid Thai visas, and sometimes their work permit.

Let us remember that the legal system of this country has some structures for each company these being:

– Partnerships

– Companies can be private and public.

– And Joint Ventures

Each of these structures has its own functions and advantages, just choose one that is best suited to your business. Our team is here for you to help you reach every information about opening Business Bank Account Pattaya.

Many of you are wondering if you can open a bank account with a foreign corporate entity in Thailand, the answer to this question being a positive one.

Its process it is like of a company registered locally, the difference being that the documents will have to be certified by the local embassy in Thailand.
Besides all the documents required to open a bank account, you may be required to have the certificate or license issued by the government,which allow you to make transactions in Thailand.

Apart from the documents that will be required, you must fill out an application form, and arrange an appointment with your local branch manager.

It is reminded that all banks in Thailand are very traditional and the managers and staff of each bank have the last word to say about opening your account.

As I said,each bank has different requirements and benefits, but you must have the following documents:
-A copy of your company registration certificate is required( not older than one month)
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-The board of directors requires a process that specifies the reason for opening a new account, requiring its stamping at the same time, which will be authorized for use.

-A fiscal identification card for the enterprise is also required.

-The identity card for each member of the board of directors.
-All documents must be presented in their original form, and if this is not possible, certified copies are required, which can sometimes be accepted and this process takes about a week.

Many of you are asking yourself too how to set up a business bank account as a non-resident, the answer is also a positive one, but when your business is enrolled in another country, the options are limited. When you are not in Thailand, you have to consider that you can not open a bank account to operate in this country, because it is necessary to present yourself in one of the branches you choose to open your account.

But an international bank like HSBC and CitiBank, can guide and show you how to set up a Thai bank account at your branch office, and then transfer your account to a branch in Thailand.

In conclusion, when you want to open a bank account before arriving in Thailand, you have to talk to a local bank to check if they have a partnership with those in Thailand.

Also, among the many questions about opening an account, some people wonder how to open a business bank account online, but in this case, this is not possible because you have to present the documents in person at the branch chosen by you.

When choosing which bank account you will open for your business, you need to read carefully all the necessary conditions and terms.
Consider also the fees and fees charged, these are sometimes different from those perceived in your home country.
It is good to know that sometimes entrepreneurs it is necessary to transfer money abroad, you have to consider the fees applied to these transactions when there are differences between the accounts in relation to the representative currencies.

When you have a bank account open in Thailand, you can make local purchases using your card, you can also make local payments,and consider that there are many merchants who accept Thai bank cards, including restaurants, hotels, and malls.

This information will be needed in a high percentage when you do not know where to start, but remember that we are here to help you.
If you still you have any misgivings about how to set up a Thai bank account, both our number and our email are already mentioned here, you can use them with confidence to get in touch with us.

Come back with the question asked by most of the foreign citizens ‘can I open a bank account on a tourist visa?’,
its response, as I said, was a negative one among almost all banks in Thailand.

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2019-11-26T15:06:03+07:00
Last updated on: 13.07.2020 – 7:38

10 Comments

  1. TommyBly August 26, 2019 at 6:16 pm - Reply

    What are your experiences with Thai bank accounts for businesses / SMEs? Are there any that particularly shine in terms of perks, services, fees or support or are they all a much of a muchness?

    • J&E Concierge August 27, 2019 at 9:10 am - Reply

      Hello, the type of a Thai bank account depends on your needs. Please get in touch with us and after you provide us your needs we can recommend you and also open you Thai bank account. Thank you

  2. Collin June 11, 2019 at 11:05 am - Reply

    I have renently registered a company in Thailand and would like to open a commercial bank account with a bank here. I currently use personal banking with HSBC in Bangkok which I thought would be the best choice. Now, i really need some help. Thanks.

    • J&E Concierge June 12, 2019 at 12:12 pm - Reply

      Hello there, we invite you to get in touch with us and we will provide you any information you need and we can also help you get your Thai business bank account.

  3. Ellias May 29, 2019 at 1:43 pm - Reply

    Hello how easy it is for a Thai to open a bank account under a business name and what type of documents will be required for this? Please kindly help thanks

    • J&E Concierge May 30, 2019 at 9:04 am - Reply

      Hello Ellias, please feel free to get in touch with us and we will help you get your Thai bank account. Thank you

  4. CopaKabana March 4, 2019 at 4:12 pm - Reply

    I’ve recently incorporated a new company in Bangkok but because of new banking regulations I’m finding it difficult to open a bank account to run alongside it. The business I’m running is internet based and doesn’t involve anything illegal or contentious. Can anyone help me open a bank account for my business? Thanks

    • J&E Concierge March 5, 2019 at 11:49 am - Reply

      Hello there, sure we can help you open your Thai bank account. Please get in touch with us as soon as you can. Thank you

  5. Phill February 7, 2019 at 2:03 pm - Reply

    I have a personal account with Kasikorn. I would now like to setup a business bank account for a startup. What do I need to do this? The business will operate as a sole trader or maybe a partnership with my Thai wife.

    • J&E Concierge February 8, 2019 at 10:13 am - Reply

      Hello there, we invite you to get in touch with us and we will provide you any information you need and we can also help you get your Thai business bank account.

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