Can a Thai bank account for visa purposes have a co-signer, or must it only be in the applicant's name?

The bank account requirement for obtaining a Thai visa, specifically regarding the 500,000 Baht threshold, typically stipulates that the account must be in the applicant's name only. Reports suggest that having a co-signer or joint account may not meet the necessary criteria, and some sources indicate that if another person is involved, the required amount could potentially increase.