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Answereda year ago

Can I access my funds in a fixed account at Kasikornbank before the maturity period for my visa?

Udo *********
asked Oct 12, 2025
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Hello,

I opened a fixed account with Kasikornbank. What's the question about the months?

It has something to do with the interest, I've heard that.

If I pay my 800,000 for the Visa into a fixed account for 12 months, can I not access it during those 12 months?

The bank employee just said "yes" to every question, regardless of whether I asked "can I or can't I."

I wanted a fixed account, and I didn't want the money to be withdrawn by some criminals via the app. I've heard too much about that with today's technology.

Thank you very much.
Answer summary
The user inquires about accessing funds in a fixed deposit account at Kasikornbank, particularly in relation to a Thai visa requiring a minimum balance of 800,000 THB. Commenters clarify that while funds can be withdrawn before the maturity of the fixed deposit, doing so may result in penalties such as losing accrued interest and could impact visa status if the balance falls below required thresholds. There are concerns regarding bank security and access methods, which were addressed with advice on avoiding common scams.
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Thomas ***********
Thomas ***********
There is zero interest in thailand on sabeings
Thomas ***********
Thomas ***********
You can acess and withdraw but it will deffinetly cross out your visa if you do
Kitty ************
Kitty ************
Fixed term. The bank lady is correct. You can withdraw before maturity but there is the penalty of not getting the full interest.
Udo *********
Udo *********
OP
@Kitty ***********
She's right, unfortunately, she answered yes to both questions. She just didn't mention that it would cost something. Thanks. That helps me. I don't want to use that money either. If I have to use it, it's an emergency. And in an emergency, I don't care about the fine.
Brad ************
Brad ************
You heard wrong!
Udo *********
Udo *********
OP
@Brad ***********
Thanks for the meaningful post. Apparently you're bored right now.
Sean **********
Sean **********
I do have a Time Savings account (6 month term) at Krungsri bank. The funds are accessible if needed. As mentioned previously taking funds before the end of term will cause you to lose interest and penalty fee applied.
Udo *********
Udo *********
OP
@Sean *********
I don't expect to have to use it. If it's an emergency and I need the money, I don't care about the penalty, because the emergency is certainly greater.
Jim ********
Jim ********
@Udo ********
, Hello, Can I ask what kind of interest rate youre getting?
Jim ********
Jim ********
@Udo ********
Thanks, Thats the only part of the Money in a Thai Bank that bothers me, I have a High Yield saving account in the US that I get 4.41% on my Balance on a Monthly Basis, Might sound petty but every dollar I Take out of it to put Somewhere else at a minimal interest rate is money out of my pocket,
Udo *********
Udo *********
OP
@Jim *******
I still have to transfer the money to the fixed account. Then I can see the interest. This also makes a difference depending on how long I keep the money there. I wanted to find out whether I can access the money at any time before I do that. Then I'll be happy to let you know. I'm going to the bank tomorrow.
Sean **********
Sean **********
@Udo ********
I use the account the same way you intend.
Udo *********
Udo *********
OP
Jack *****
Jack *****
Kbank savings acct.. I only use the card at atm or branch.. even with bank account in the states.. I would keep minimum amount in debit card account. Transfered money just before using atm. Used credit card for everything else. Paid total amount credit card each month from savings.
Ian *******
Ian *******
@Jack ****
credit card or debit card?
Jack *****
Jack *****
@Ian ******
Kbank account is savings account ... do not have credit card with them
David ********
David ********
You can pull your money out of a fixed account at any time, but that's rather missing the point of a fixed account. Fixed. You basically 'loan' the bank the money for a fixed period and they pay you a bit of interest in return. If you pull the money out sometime during that fixed period (like, you don't keep up your end of the agreement) you don't get the interest and you'll probably pay some penalty on top of it to boot. It's all spelled out in the contract.

As far as the 'withdrawn by criminals' via the app; that's some Facebook boogie-man clickbait. Don't fall for it. No criminals are hacking the app. The pro criminals hack *you*, not the app. Social engineering. Don't fall for that either and you'll be fine.
10
Udo *********
Udo *********
OP
@David *******
I want to put the money in the account as security for my visa and not touch it. Only if something unexpected happens that requires me to access it. Can I do that then?
Marianne ********
Marianne ********
@Udo ********
That is a perfect use-case for the Fixed Deposit Account.

The Fixed Deposit Account has a higher interest the longer you agree on keeping the money in the account without any withdrawals.

You can still withdraw whatever money you have in there, but you will lose all the accrued interest since you broke the terms.

You can do deposits into the account whenever.

This account will not show up in your banking app, and you will need to bring your bankbook to the branch to do any transactions.

I use a Fixed Deposit Account for saving up for my taxes. 🙂
Udo *********
Udo *********
OP
@Marianne *******
thank you.That's what I want. A secure account with a lot of money in it and an online account where I can make daily payments. That doesn't have so much money in it.
Incognia **********
Incognia **********
@Udo ********
put limits transfers.And also these days banks changing policies more than 50K baht need to scan face for transfering money
Steve **********
Steve **********
@Udo ********
yes. I did exactly this for multiple years. Put in the 800K in a fixed account and let it sit. I got interest every year. When I had to make a transaction the day I did my papers for immigration I would take some of the interest out.
Steve **********
Steve **********
@Marc ***
not much. Between 8-10K roughly.
Marc ****
Marc ****
@Steve *********
How much interest do you get approximately per year on that 800,000?
Richard *********
Richard *********
@Udo ********
Yes! I have done exactly the same with Kasikorn.
Sean **********
Sean **********
@Udo ********
check the terms for the specific bank. I would not assume all are the same.
Ray ********
Ray ********
If you're using the B800,000 for your retirement visa . You can access your funds 3 months after you got the extension. It can NOT fall below B400,000 2 to 4 months before the next extension depending on the bank it must be topped up back to B800,000
Udo *********
Udo *********
OP
@Ray *******
Thanks. I know that. The bank just asked me how many months I wanted to invest the money. I don't know that.
Bob **********
Bob **********
If you can’t access it on demand you can’t use it for your visa
Trav **********
Trav **********
FFS, don't be so scared of life.
Leonard *********
Leonard *********
@Trav *********
You sir, are a wanker, an unmitigated wanker
Frank *********
Frank *********
@Trav *********
a very ignorent and stupid comment. With so many things going wrong these days it is only wise to be prepared
Trav **********
Trav **********
@Frank ********
Big difference between being wise and paranoid champ. But see how you know me so well you would have already figured that out, hey champ 😜
Udo *********
Udo *********
OP
@Trav *********
I'm definitely not afraid of life! I just don't want my money to disappear. They withdrew €30,000 from a friend's account. They used my Swiss credit card to pay for several trips to England, and I've never been there. So don't talk to them if you don't know they've had negative experiences before.
Bent *************
Bent *************
@Udo ********
Find a bank where they understand and speak English
Udo *********
Udo *********
OP
@Bent ************
Too late. I had to open the account right away so I could deposit the collateral for the visa.
Matthew *********
Matthew *********
@Udo ********
there isn't protection like in america and on fixed annual, you won't receive interest like a real bank of western countries. Your fears are valid. Thai banks don't insure your money for very much. There was recent article by central bank that thai banks are struggling to pay interest on treasury bonds.

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