List of banks in Thailand: Your Complete Banking Guide

Thailand has a well-established banking system with numerous options for locals and tourists alike. There are over 20 commercial banks in Thailand.

From large international banks to smaller local ones, you can choose a bank that suits your needs. Some of the biggest banks in Thailand include Kasikorn Bank, Siam Commercial Bank, and Bangkok Bank.

These banks offer a wide range of services, including personal banking, corporate banking, and online banking. Many of them also have international branches and partnerships.

In Thailand, you'll find several state-owned and government banks that offer a range of financial services. One of the most well-known is the Government Savings Bank, which provides savings accounts and loans to its customers.

The Government Savings Bank is just one of the state-owned banks in Thailand, along with GH Bank and the Bank for Agriculture and Agricultural Co-operatives (BAAC). These banks are often focused on serving specific sectors or communities.

Here are some of the state-owned and government banks in Thailand:

Krung Thai (KTB) is a state-owned bank with a strong presence in rural areas, making it a great option for expats living outside of major cities.

The bank offers various account options and features designed to meet the unique needs of expats, with an emphasis on customer satisfaction.

Krung Thai Bank has a user-friendly approach, ensuring that its services are both accessible and user-friendly for its customers.

It's worth noting that Krung Thai Bank is a significant player in the Thai banking industry, with a total asset of US $83.4 billion.

As a state-owned bank, 56% of Krung Thai is owned by the Thai government, giving it a unique position in the financial sector.

Government Savings banks offer a range of services, including savings products and government-backed securities.

Government Savings Bank, specifically, is a reliable and accessible option for both locals and foreigners. It's particularly known for its savings products, making it a stable choice for those looking to save securely.

The Government Savings Bank is one of several state-owned banks in Thailand, along with others like GH Bank and Bank for Agriculture and Agricultural Co-operatives (BAAC). These banks cater to different needs, but all provide a range of services.

Here's a list of some of the state-owned banks in Thailand:

Government Savings Bank offers straightforward and secure banking options, making it a solid choice for those looking for a hassle-free experience.

Thai Commercial banks are a vital part of the country's financial system. They offer a wide range of services to both locals and expats.

One of the top contenders in the Thai Commercial bank scene is Siam Commercial Bank (SCB), which has been around since 1907. It's known for its comprehensive international services and excellent investment services.

SCB was the first domestic bank in Thailand, established unofficially in 1904 and officially in 1907. It introduced ATM machines in the country in 1983.

Another notable Thai Commercial bank is Kasikorn Bank (KBANK), which is known for its excellent customer service and innovative banking solutions. It offers a range of products tailored to the needs of expats.

Kasikorn Bank has a vast network of branches and ATMs, with 1,054 branches in Thailand and 9,460 ATM machines. It was the first bank in the country to offer credit card services back in 1973.

Bank of Ayudhya (Krung Sri Bank) is also a well-regarded Thai Commercial bank, offering various banking solutions, including savings accounts and international transfers. It has a wide array of services, making banking easy for expats.

Here's a list of some of the major Thai Commercial banks:

Bangkok Bank is a popular choice for foreigners due to its extensive branch network and user-friendly services. It offers a variety of services specifically designed for foreigners, making it easy to manage your finances.

Bangkok Bank is the largest bank in Thailand in terms of assets, with a total of US $78 billion. This makes it a reliable option for managing your money.

With over 1,200 branches and 9,000 ATM machines, you can easily access your money and perform financial transactions.

Standard Chartered is a well-established banking institution in Thailand, with a history dating back to 1894. It has been serving the country for over 125 years.

Standard Chartered Thailand has a significant presence in the country, with a total of US $6.1 billion in assets. The bank has a strong network of branches, with 67 domestic branches nationwide.

Standard Chartered acquired 75% of the shares of the Nakornthon Bank in 1999, expanding its reach and services in Thailand. This strategic move has enabled the bank to offer a wider range of financial products and services to its customers.

The bank offers a range of financial products and services, but unfortunately, no specific details are mentioned about these services in the article sections provided.

Bangkok Bank's extensive branch network makes it a convenient option for foreigners living in Bangkok. You can easily find a branch near you with their numerous locations throughout the city.

One of the banks that stands out for its services specifically designed for foreigners is Bangkok Bank. It offers a variety of services that make it easy to manage your finances.

Bangkok Bank has a user-friendly approach that makes banking a breeze for expats. Their services are designed to be accessible and easy to understand.

Bangkok Bank provides multi-currency accounts, which can be particularly useful for expats who need to deal with multiple currencies regularly. This feature can save you a lot of time and hassle when managing your finances.

Foreign European banks have a significant presence in Bangkok. ABN Amro, a Dutch bank, is one of the notable foreign banks operating in the city.

BNP Paribas, a French bank, has a long history of presence in Southeast Asia, including Thailand. Deutsche Bank, a German bank, offers a range of financial services to its clients in Bangkok.

HSBC, a British bank, is another prominent foreign bank with a significant footprint in Bangkok.

Bangkok Bank is one of the most popular banks in Thailand, offering a wide range of financial services for businesses and individuals.

The bank provides solutions tailored to various industries, from business banking to personal finance management, and maintains a strong digital presence with secure platforms for smooth transactions.

Kasikorn Bank (KBank) is another well-known bank in Thailand, serving 21.3 million customers and achieving a 9.3% year-on-year growth.

KBank was voted the Most Recommended and Most Selected Main Retail Bank in Thailand in the 2023 BankQuality Survey, with a BankQuality Score (BQS) of 52%.

Siam Commercial Bank (SCB) is also a top contender, ranking second overall in the BankQuality Survey and dominating product categories such as international remittance, time deposits, and personal loans.

These banks have a strong presence in Thailand, providing personalized solutions for financial and business growth, and can be easily accessed through their website URLs and location addresses.

KBank excelled in omnichannel customer service, leading the rankings for mobile, internet, branch, and phone banking, further cementing its status as one of the best banks in Thailand.

Bangkok Banks are a hub for financial services, with many international banks having a presence in the city.

Siam Commercial Bank has the largest network of branches in Bangkok, with over 200 locations across the city.

Bangkok Bank is one of the largest banks in Thailand, with a long history dating back to 1944.

The bank has a strong presence in Bangkok, with many branches located in major shopping districts.

Kasikorn Bank is another major player in Bangkok's banking scene, offering a wide range of financial services to individuals and businesses.

Many banks in Bangkok offer 24/7 ATM services, making it easy for tourists and locals to access their money at any time.

SCB Mobile Banking is a popular service offered by Siam Commercial Bank, allowing customers to manage their accounts and make transactions on the go.

Currency exchange and international transfers are essential services for expats in Thailand. Bangkok Bank and Kasikorn Bank offer competitive rates and reliable services for these needs.

Using a local bank for currency exchange and international transfers can save money and provide peace of mind. You can expect to receive excellent currency exchange rates and low fees for international transfers with these banks.

Many banks offer dedicated services for expats, ensuring that you receive the best support for your international financial transactions. This can be a huge relief for those who are new to the country and navigating the banking system.