Please could someone clarify exactly what this means, they have asked me for more info:
A deposit account shows the transactions last 6 months and the account balance or a combination of a deposit/saving account totaling not less than 500,000baht. Stock/Crypto/Bitcoin/Investment/Business/PayPal account and sponsor are not accepted
I previously sent them a statement from a brokerage trading account showing over 500k thb of assets. Do I have to sell my investments and transfer the cash to a checking account, and then show the latest statement from that? Is 1 month ok or do they need 6 months? Alternatively can I leave the cash in my brokerage account and just submit that? Thanks in advance.
TLDR : Answer Summary
The inquiry revolves around the requirements for showing proof of financial stability when applying for a visa in Thailand. Specifically, the applicant is uncertain if a recent brokerage account statement showing over 500,000 baht is sufficient or if they need to transfer the funds to a bank account. The consensus from community comments is that the authorities require bank statements showing all transactions for the past six months from a savings or deposit account, and investment or crypto accounts are not acceptable. There is debate about whether one month’s statement might suffice, with many agreeing that having the amounts readily available in a personal bank account is crucial.