Open corporate bank in Thailand

PANWA: Normally, most local banks in Thailand require work permit of director (if the director is a foreigner), however, we could assist you to open corporate account, with one bank, one branch that does not require work permit. Once you open the corporate account, the international incoming and outgoing transactions do not have problem; it is same as any normal banking procedures and can also use internet banking for such transactions.

PANWA: In case of the open bank account service option that you chose (Baht 5,000), we will also send our staff (together with your team) to assist you directly at the bank to open the account. Moreover, we have helped many clients to open on the bank that we could assist, so it is guaranteed and you could open only 1 account (corporate savings account), as mentioned on the proposal. This is due to the bank policy requires the company to open under savings account first and after 3 months, the bank officer would assess if your company’s savings account has some movements and at least Baht 50,000 maintaining balance, then that is the only time your company could be allowed to proceed with opening current account. We could assist to open at Bangkok bank  only.

Panwa: Yes, can stay here only 3 working days as follow below timeline.

• Day 1, sign company registration form.
• Day 2 we do registration of company.
• Day 3, open bank account.