Worth Opening a Bank Account in Thailand?
I found that the deposit rate for non-resident is 0%, checked major banks like Bangkok Bank, Kasikorn Bank, Krungthai Bank and Siam Commercial Bank and they are all the same. It's like you deposit 10,000 Baht into your savings account, after 10 years you still have 10,000 Baht lol. I think if visiting occasionally kind of pointless to open an account because it's not really any more convenient than using your ATM card from your home country, plus there is the withdrawal charges from your home bank and the agent bank i.e. the bank who operates the ATM. I did one or two such withdrawals very long ago, I remember the home bank will charge once, and the agent bank will also charge once, I think the charges for one withdrawal is around S$5 to S$10. I think there is a percentage factor, so when you withdraw large amounts the charges will be much more, got to check with your home bank. But if you are living there, I think a bank account is a must-have, working maybe not so much, I