Opening a Thai Bank Account

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Opening a bank account in a Thai bank or a foreign bank based in Thailand can be relatively simple. There are documents that must be presented in order to set up an account, depending on the type of account you wish to open, and requirements may vary from bank to bank and even between different branches of the same bank. Technically, foreigners are required a work permit to open a bank account. However, in practice, many branches will open an account for a foreigner … [Read more...]

Updated: April 26, 2011 by admin

Thai Currency & Money Guide

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The Thai unit of currency is the baht with 1 baht being divided into 100 satang. Notes are in denominations of 1,000 (brown), 500 (purple), 100 (red), 50 (blue), 20 (green) and 10 (brown) baht. Coins consist of 10 baht , 5 baht, 2baht, 1 baht, 50 satang and 25 satang. Major currency bills and travellers cheques are cashed easily at hotels, tourist shops, all provincial banks, shopping centres and money changers. Travellers cheques are best changed in banks (you will … [Read more...]

Updated: December 18, 2010 by admin