Thailand Corporate Bank Account

Recent political instability and social unrest in Thailand has discouraged many international businesspeople from opening a Thailand corporate bank account, but this is not a major issue as Healy Consultants can assist clients open a Thailand corporate bank account without them visiting Thailand. We are one of the few corporate service providers who can do this. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

1.

A Thailand corporate bank account offers a full range of conventional banking products and services for businesspeople, including investment products (insurance and unit trusts), financing products and services (trade and share financing), trade and credit facilities (including revolving credit facilities), remittances, bank guarantee facilities and vendor financing.

2.

Thailand's banking sector is not as sophisticated as those in traditional Asian financial centres such as Singapore and Hong Kong.

3.

A Thailand corporate bank account offers a range of accompanying trade services, including Letters of Credit for imports and exports and structured trade finance.

4.

A Thailand corporate bank account offers medium and long-term loans for capital investment and other long-term financing products for corporations.

5.

A Thailand corporate bank account is available with full Internet banking facilities.

6.

There are no restrictions on foreign (i.e. non-Thai) firms opening a Thailand corporate bank account.

7.

As with Thailand company incorporation, our client does not need to travel to Thailand to open a Thailand corporate bank account. Our officers in Thailand will handle the Thailand corporate bank account opening formalities on your behalf.

1.

2.

Healy Consultants' International Banking Team preparing a detailed Business Plan relating to our client's company to support the Thailand corporate bank account application. The Business Plan provides details of the company's activities, products and services offered, details of the company's suppliers and some information on its clients and intended markets.

3.

Healy Consultants International Banking Team submitting the Thailand corporate bank account application form and Business Plan to the bank, together with the corporate and personal information outlined above.

4.

Healy Consultants' local officer can attend a bank interview in Thailand on your behalf, describe your global business activities and explain why you require a Thailand corporate bank account. As described above, Healy Consultants can open a Thailand corporate bank account without the bank signatory and beneficial owners’ presence.

5.

Paying the initial bank deposit to the Thai bank on our client's behalf. A scanned copy of the bank deposit slip is emailed to our client as verification of the same.

6.

On behalf of our client, Healy Consultants applies for corporate internet banking facilities to accompany the Thailand corporate bank account.

7.

In addition, Healy Consultants applies for a credit card, ATM card and cheque book to accompany the Thailand corporate bank account.

8.

Healy Consultants International Banking Team receiving approval from Thailand for the opening of the Thailand corporate bank account.

9.

Healy Consultants receiving the Thailand corporate bank account Internet login and password information in a sealed letter that is passed directly to our client.

10.

Healy Consultants receiving a corporate cheque book in a sealed letter that is passed directly to our client.

11.

Healy Consultants receiving credit and ATM cards in a sealed letter that is passed directly to our client.

Back to Thailand Company Formation page.