Transcript of the above video:

As the title of this video suggests, we are discussing personal checking or so-called current accounts here in Thailand. The thing to keep in mind, the Thai Banking System, I hesitate to call it antiquated because quite honestly I think that it is intentionally set up the way that it is to forestall problems for example that occurred back in the late '90s associated with so-called hot money and inflows and outflows from the Thai Banking System which created a great deal of consternation in the currency market here in Thailand.

That said, leaving that aside, Thailand does have this kind of a system like if you are used to dealing with like online banking, for example in the United States or Europe or the English speaking world, yeah the system here is maybe clunky might be the right word when you are first starting to deal with it. Now that said, as time goes on, folks like me for example, I find the Thai banking system far easier to deal with than a lot of the stuff in the West especially when it comes to the issue of documentation and the kind of nanny-minder paradigm they have in some of these jurisdictions associated with banking. I just find it ridiculous the lengths to which they think they can go. Now you are seeing people having their accounts closed for apparently no other reason than their own views; these are not problems we see here in Thailand. Thailand wants to do business. 

That said, the Banking System is kind of interesting where it still has this sort of current account, savings account component and then whether or not you want to link those up, that may be its own process, but yes it may be possible for somebody to come to Thailand and set up what we might call a checking account, what is often referred to as a current account, here in the Kingdom of Thailand.