Document Requirements
Thailand
Required documents and verification process for businesses in Thailand
Verifying a Thailand-Registered Business
Businesses registered in Thailand are required to complete both identity and document verification as part of the onboarding process.
Verification Process
Identity Verification
The account representative must complete:
- Government-issued ID verification
- Selfie submission
ID verification will be required after your bank account has been successfully linked.
Document Verification
Submit the following:
- Business registration documents showing owner/shareholder names
- Supporting documents proving active business operations
If the account representative is not listed in the business registration:
- A signed Letter of Authorisation (LOA) from a company secretary or director
- Identification documents (e.g., passport with signature) of:
- The account representative
- The person signing the LOA
Additional documentation may be requested by our Compliance team depending on the nature of your business or ownership structure.
Common Additional Requirements
- Businesses with complex ownership structures → Provide a Beneficial Ownership Structure chart
- Shareholders with 25%+ ownership → Submit valid ID for each
- Regulated industries → Provide the relevant licenses:
- Drug-related businesses → Thai FDA import/manufacturing license
- Tourism-related businesses → Tourism Business License from the Department of Tourism, Ministry of Tourism and Sports
Documents must be clear, valid, and unaltered. Blurry or edited files may delay approval.