Thailand

The simplest way for foreign companies to set up a bank account in Thailand.

Greenhouse is a technology platform helping Startups and entrepreneurs find reliable service providers in Thailand to help you with your bank account setup needs.

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Bank Account Setup Service Thailand

Trusted by entrepreneurs in more than 20 countries

From South Korea to Australia, hundreds of people have expanded their businesses with Greenhouse

Greenhouse is the go to partner for any company which needs market entry support in company set up,  legal, regulatory or market access across South East Asia.
Amit Vithal
Amit Vithal
Director at Docquity Holdings Pte Ltd
Greenhouse was prompt in response and provided us with all the information we required before we made the final decision to go with the right service provider for our corporate secretarial service needs with no hidden fees.
testimonial tiffany wong
Tiffany Wong
Regional Business Development Executive at Doctor Anywhere
Greenhouse’s network of service providers are trustworthy and helped us better understand the entire Southeast Asian region. In turn, that empowered us to make more educated decisions about our go-to-market strategy.
Yohawn Kim of Gene on Biotech
Yohawn Kim
Researcher at Gene On Biotech

Greenhouse is the simplest way to engage qualified banks working with foreign businesses

It takes months to research regulations, compare service providers, go through KYCs, and negotiate prices before setting up your bank account. We use technology to simplify an otherwise painfully traditional process.

Using

  • Leverage our curated network to get immediate recommendations
  • Review bank account setup service provider qualifications
  • Pricing in full transparency
  • Get connected to service providers fast
  • Your project starts in 1-3 days

The Traditional Process

  • Take loads of time to search, contact, compare, and qualify service providers
  • Email and call to negotiate rates
  • Read through the fine print
  • Pay in full upfront
  • Your project starts only after 30-60 days

Get more from your bank account

Spend less time on admin and more time focused on what’s important – your business. We will guide you in choosing the most appropriate bank partner given your expansion plans in Thailand.

Trusted and diverse entrepreneurs

Trusted by entrepreneurs in more than 20 countries

From Thailand to Thailand and all the way to Hong Kong, hundreds of businesses have opened a bank account through our network in Thailand.
Working with company incorporation service provider

Our bank partners will help you set up in no time

We will invest time in understanding your business's needs to ensure you are successful in working with our network of service providers. At the end of the day, we only win when you do.
client and business formation service provider interaction

A dedicated customer success team

Launching your bank account via Greenhouse's network grants you automatic access to our customer success team. As our client, you’ll get personalized help and learn best practices from our experienced team.
corporate professionals researching on service providers

Ease your business transition into Asia

As a Greenhouse customer, you can expect more than a customized wealth management solutions and services. We guide you in finding the most suitable bank partner for your growing business's needs.
Businessman computes budget for company incorporation

Planning to fundraise?

With Greenhouse, you’re not just setting up a bank account. You’re getting the support of hundreds of service providers who have helped all major startups in Asia to setup and fundraise.
Corporate professionals meeting

Get discounts you’ll actually use

We have arranged deals across the region with variety of partners from free cloud credits, to discounted office spaces all the way to bundles including business formation and bank account set ups for overseas companies.

Set up your business bank account or any other corporate services in Thailand without the hassle

Our service providers are equipped to handle your business bank account set up and any other corporate services in Thailand, from start to finish.

Service Card - Accounting

Accounting

You can’t run a healthy, successful business without having your books in order. Our network of partners have the necessary expertise to support you across the entire Asia Pacific region.

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Company Formation Service Cards

Company Registration

The incorporation process typically takes 1 to 7 days in developed and 1 to 3 months in emerging markets. To avoid going back and forward hire a professional to guide you.

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Corporate Secretarial Service Cards

Corporate secretarial

Corporate Secretarial Services assists you to manage and mitigate risks of corporate non-compliance. In some markets such services are mandatory in other just recommended.

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Nominee Director Service Cards

Nominee director services

A company director is the responsible person for ensuring that the company complies with all local legislation. He/She is the liable person if the company is negligent or doing things in violation of the company director requirements.

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Service Card - Business Address

Registered business address

A business registered address is the official address of an incorporated company. Generally it will form part of the public record and is required in most countries where the registered organization is incorporated.

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Service Card - Work Permit

Work permits

A work permit or work visa is the permission to take a job within a foreign country. As you are growing your business in APAC, you will need to secure work permits, we are here to guide you in the process.

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Still researching bank account setup services in Thailand?

We've put together a few guides on what you need to know about bank account setup services in Thailand.

FAQs Setting up a Business Bank Account in Thailand

Updated 22 January 2021

What's the process of starting a bank account in Thailand as an oversea foreign company like?

1. Get your entity established. If you are planning to have the entity and still in the process of establishing, the bank account setup can only be conducted after company is established.
2. Submit your information online via our website.
3. Get matched to a qualified bank or pick another business yourself from our marketplace.
4. Our partner will assist with your bank account setup in Thailand.
5. Our network will support you with any other follow-up bank account setup services you may need e.g. business registered address, work permits, accounting, legal help, tax filing etc.

Is it expensive to set a bank account in Thailand through Greenhouse?

Actually no, opening a bank account is quite affordable. Even the largest banks offer affordable services suitable for any startup or SME. The prices start at about 250 USD.

What are the benefits of opening a bank account through Greenhouse in Thailand?

1. You get a dedicated customer success team.
2. Access to hundreds of vetted service providers specializing in business formation and bank account opening services.
3. +70 NPS score whereas the industry standard is 25

What type of clients open a bank account in Thailand through Greenhouse?

All kinds of businesses. Most of the time we help foreign entrepreneurs, startups and small businesses with bank account setup.

How lengthy is the bank account opening process in Thailand?

That depends on the KYC process, if your business submits all of your documents promptly, the KYC would be fast and can take a few days.

Ready, set, go-to-market!

You like moving fast, we do too.
Let’s match you to the most suitable service providers in your target market right away.

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