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bank deposit rules
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This page displays all the results for the Bank Deposit Rules tag, sorted by the most recent activity. There are a total of 7 questions that have been tagged with Bank Deposit Rules. Explore the questions to find discussions and information relevant to this topic.
Question - I have started the Non Immigration O Retirement Visa which requires 800k Baht in your bank which I have, I want to convert this to 67,000 Baht per month overseas income which I have to have a 12 month history so I can convert to this in 12 months. My question is do I have to keep the 800k Baht in the bank for the next 12 months while the 67,000 Baht come in to qualify? Hope this makes sense?
I have a visa based on marriage. Can I use any of the 400 thousand bt. Is there a seasoning time on when it must be put back b4 applying again next year
Question: I am legally married and have all the documents according to the head office checklist. The 400,000 baht is also fixed for two months. Can the immigration office ask for the money to be left in the account longer?
I am on Non Imm O visa for retirement which I had extension done on 1 Oct 2020. Extension expires 14 November 2021. Live in Bangkok.
I have the required 800,000 in bank with current fixed deposit maturing 20 January. Normally I would roll it over for another 12 months which would satisfy requirements to have money there for the next extension. It also means I meet requirements to have at least 50% still in the account 3 months after I applied for extension in 2020.
However I want to change banks.
I would appreciate advice on whether it is Ok to withdraw the whole 800k on the due date and redeposit in new bank the same day on 12 month term.
OR to leave 400,000 in the old account for time being, use 400,000 withdrawn from that account and add another 400,000 to bring deposit in new bank account to required 800,000 for next extension.
The 400,000 left in the old account satisfies keeping 50% in bank following 3 months period.
A bit complex I know so easiest solution is to withdraw full 800,000 and redeposit in new account the same day.
I have the 800k in the bank for the retirement visa, which I will apply for as soon as I can border run. I've read a couple of posts saying it cannot be in a time deposit, is that correct?