Thai and Foreign banks are open from Monday - Friday, except public and bank holidays. The banking hours are 7:30/8:30/9:30 am - 3:30 pm in Bangkok, and 8:30 am - 3:30 pm outside Bangkok. The branches in some department stores may stay open until 8:00 pm. They may also be open on weekends. Many banks in Thailand provide overseas services if you have an account at their bank. To open an account, you have to show your passport. 

Banks on Thammasat Rangsit campus

1. Bangkok Bank

All full-time students will receive a Bangkok Bank student ID card, which also functions as an ATM card. Short-term stay (exchange/external students) are not eligible to open a bank account.

2. Krungthai Bank (age 20+ only)

Required documents to open a bank account:

1. Original passport

2. Copy of Non-ED visa

3. Student Status Certificate from SIIT (request via reg.siit.tu.ac.th)

4. Lease agreement or dormitory contract

5. Original citizen ID card or driving license issued by the government of your home country

3. Ttb Bank

Some scholarship types require students to open a TTB bank account for receiving their living allowance. Please check with the Student Affairs Division for the specific bank required. Required documents to open a bank account:

1. Original passport

2. Copy of Non-ED visa

3. Acceptance letter from SIIT

4. Lease agreement or dormitory contract

5. A copy of a citizen ID and house registration of the dormitory's owner

6. Original citizen ID card or driving license issued by the government of your home country

Information as of July 2025

American Express, Diners, Master Card and VISA, are widely accepted and very useful in Thailand. All department stores, many small shops, and supermarkets accept credit cards. You can use them to withdraw money from most ATMs. Try to keep your credit card in sight, in a shop. If possible, follow the sales person to the payment kiosk. Some unscrupulous vendors may make several copies of credit card slips when you are not paying attention. ATMs are available around the campus. 

We suggest that you carry some cash around since it is still the most accepted form of payment. Some places will not accept credit cards or checks below a minimum purchase. Having 1,000 Baht in small denominations is more than sufficient, although it depends on personal preferences. 

In Thailand, QR code payment is one of the most convenient and widely used methods of payment for purchases at convenience stores, restaurants, and even campus services. To use this payment method, you must first open a Thai bank account and link it to a mobile banking application.

However, due to increasing concerns over the misuse of bank accounts (e.g., “mule accounts”), Thai banks have tightened regulations regarding bank account openings for international students. As a result, only a few selected banks currently allow foreign students to open an account, and this may be limited to specific branches within Thammasat University, Rangsit Campus.