Opening a Bank Account

One would think that opening a bank account would be a simple matter. Think again! Unless you have a work permit or meet some other cumbersome requirements you cannot open an account without a Thai guarantor, a rental agreement and a letter from the immigration office.  If you are a husband and wife, be sure the rental agreement is in both of your names because for your initial 90 day visa, you will both need an account with the required amount of money (800,000.00 THB).  Retire in Thailand will be your guarantor.  If this account is what you will use to qualify financially for your visa, it must be in your name only

Once your account is opened there is an abundance of ATM machines where you can get cash with no fee.