Thailand banking

Krungthai Bank: Accounts, Access and Foreign Customers

Krungthai Bank is one of the institutions in this complete Thailand bank directory.

This profile distinguishes its actual service model from the assumption that every licensed bank is a walk-in retail choice, then sets out the evidence a foreign resident or business should verify.

Updated 12 September 2026 By ForBusiness.net

Krungthai Bank at a glance

A state-controlled commercial bank providing personal, business and government-payment services through a large domestic network.

ItemDirectory assessment
Legal nameKrung Thai Bank Public Company Limited
Bank categoryLocally incorporated commercial bank with consumer services
Customer accessBroad high-street coverage, including provincial locations, but a branch network does not create a universal foreign-customer policy.
Foreign personal accountPotentially relevant where a foreign resident has a clear Thai purpose and a well-documented stay, employment or business connection. Confirm the accepted visa and supporting documents with the intended branch before travelling.
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Can a foreign resident open an account with Krungthai Bank?

Potentially relevant where a foreign resident has a clear Thai purpose and a well-documented stay, employment or business connection. Confirm the accepted visa and supporting documents with the intended branch before travelling.

The bank must apply its current product rules and customer due diligence to the applicant. A long-stay visa, work permit, company shareholding or referral can strengthen the purpose and evidence, but none forces the bank to accept an application.

Evidence to prepare

  • Original passport and current Thai immigration permission
  • A second government-issued identity document where requested
  • Thai residential address evidence and a working Thai telephone number
  • Work permit, employer letter, school certificate, family evidence or LTR confirmation that explains the local purpose
  • Tax residence and taxpayer-identification details for required self-certification
  • Source-of-funds and expected-use evidence, plus the required opening deposit

Business banking relevance

Relevant to Thai company operations, government-linked payments and ordinary business banking, subject to full company due diligence.

For a Thai company, expect the bank to identify the entity, authorised signatories, directors and beneficial owners and to understand the proposed activity and source of funds.

BOI promotion or foreign shareholding can be relevant evidence, but neither removes ordinary onboarding checks.

Check the live position

Use Krungthai Bank's official website or contact centre and name the exact product and service location. Ask whether that location can open the account, which original documents it requires and whether an appointment or interpreter is needed.

Branch functions, opening hours and account rules change. Record when the information was checked and re-confirm it shortly before attending; never use a false address, visa description or employment claim to fit a product rule.

Frequently asked questions

Is Krungthai Bank a high-street bank?

Broad high-street coverage, including provincial locations, but a branch network does not create a universal foreign-customer policy.

Can a DTV holder open an account with Krungthai Bank?

This profile does not claim that DTV is an accepted route. Ask the bank for the current rule for the exact product; DTV is expressly excluded by some other Thai banks and is not equivalent to a work permit.

Can a Thai company use Krungthai Bank?

Relevant to Thai company operations, government-linked payments and ordinary business banking, subject to full company due diligence. The bank will still decide whether the entity and proposed activity meet its current onboarding and risk requirements.