The fee charge by Panwa of THB10,000 is for bank opening, does it include prepare all documentations and coordinate with the bank officer in Singapore to operate the bank account?
Panwa: Our service fee of Baht 10,000 for open bank account during this covid-19 situation includes preparation of any bank related documents that are necessary to open the bank account and sending it to overseas for the foreign authorized person(s) to sign, instead of letting the foreigner to come to Thailand. However, for this process, before proceeding to open the account, your side must discuss directly first with the Bangkok bank in your country (Singapore) if they allow and agree to coordinate directly with Bangkok bank (head office in Thailand) for such matter. Please note that we had successful experiences with our Malaysian clients for this process, but with Singaporean clients, we do not have yet such experience, so please discuss with the bank branch there first.
For more information, please feel free to contact us:
Phone: +66 2 933 9000
Fax: +66 2 933 6120