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Expat Community > Thailand

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closing thai bank account

9 months ago
Has anyone had trouble closing their Thai bank account and wiring the money to an account outside of Thailand? When I began investigating a move to Bangkok, I read that banks would only wire the money outside of Thailand if the account holder could prove that the money was earned in Thailand. Since I would be a retiree, I wouldn't be able to provide such proof. Thus, there would be no way for me to do a wire transfer. Withdrawing the funds from an ATM and carrying it on one's person is neither practical nor safe.

GeoBlue
GeoBlue
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

GeoBlue
GeoBlue

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