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If an individual to stop in Thailand for on a long-term visa, such as being a Retirement Visa, holding a Thai bank account is anticipated. Many Thai banks no longer allow foreigners to open an account if effectively in Thailand without a non-immigrant visa charge cards ,. There are still some, however, that permit you to open an account even if you entered Thailand on the 30-day privilege you receive upon entry at large airports. If one branch will not allow a person to open an account, try another side branch. Remember about the inconsistency.

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All Thai banks permit opening your free account with a minimum deposit of 500 baht. Upon opening an account you will be issued a passbook. The ATM card is called Visa Electron. There can be a fee for the Visa Electron card. Most banks charge 200 to 300 baht for it again. When it expires, the banks charge a fee for renewal, usually 100 baht. Banks provide interest to some foreigner's piggy bank usually just offer a reduced interest monatary amount.

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