Expat Finance Services in Thailand
The official legal currency in Thailand since the year 1851 has been the Thai Baht. Until 1925 the Thai Baht was also known to foreigners as the tical. A Baht is worth around 3 US cents. The Baht now comes in different bank notes, with the denominations of several different colors according to their value - 20 (green), 50 (blue), 100 (red), 500 (purple) and 1000 Thai bahts (brown).
There are several banks in Thailand, both national and international, some of the primary ones being Deutsche Bank, Citibank and Bangkok Bank. HBSC is one of the most popular banks in Thailand, especially with many foreigners, since it does not require the account holder to make a minimum annual salary.
Other banks in Thailand do require a minimum salary that can be anywhere from fifty thousand to one hundred and fifty thousand Bahts a year. There is also a minimum balance required to open a bank account, usually 500 Thai Baht, and a fee for an ATM card, usually 300 Baht. There are also service fees, such as 50 Baht monthly maintenance fees on low balances with no activity. It is not unusual for Thai banks to have English language websites for online banking convenience.
See our guides
Currency Exchange in Thailand
Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.
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Current Account in Thailand
Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.
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Offshore Savings in Thailand
Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.
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Expat Mortgages in Thailand
Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry
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Financial Advice in Thailand
Get information on investment portfolio building to achieve your investment objectives according to your risk profile.
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Expat Savings in Thailand
Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.
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QROPS in Thailand
Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas
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Online Broker in Thailand
Compare online brokers for forex trading, cfd trading, internet share trading and more..
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US Expat Tax in Thailand
American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote
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Tax Advisory in Thailand
Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.
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