Can I change my immigration deposit bank for my Non-O retirement visa application just before renewal?

Question

Another banking  & immigration related question. Sorry if it has been asked before.

I want to change my 800K 'immigration deposit' from Bangkok Bank to another bank.

I have most of my other monies tied up in CD's in the States ----  so I would need to use the money in the Bangkok Bank account to satisfy the banking requirement in regards to my upcoming renewal of my one year extension Non-O 'retirement' visa.

As of today I have 59 days left until my one year extension expires.

Do I need to go to Immigration and do some particular paperwork to get this bank change properly pushed through in regards to my visa requirements, or can I simply do a direct transfer in one day between the two banks and have all the banking papers in-hand from both banks when I do apply for renewal?

To cover myself, I would go to Bangkok Bank and get my bank book updated prior to doing the transfer. Plus I would leave enough funds in the account to keep it open and active after the transfer.

I have my transfer limit on my BB app set to two million baht a day so I should not have an issue making the transfer itself.

One question that particularly bothers me is perhaps the one day date change that may show up between the bank books/statements during the transfer. Think that may be an issue if it happens that way? I know Immigration can be a real stickler about some things.

Heck, a transfer may even take more than one day to take effect ya think? Of course I will check in with both banks regarding that question but I am just trying to get something of an idea as to what to expect and watch for.

Any advice or knowledge would be most appreciated! Thanks!

Ask Thailand · Answer

The user is seeking advice on whether they can transfer their immigration deposit of 800,000 baht from Bangkok Bank to another bank while renewing their Non-O retirement visa, particularly given their limited time until the visa's expiration. Community members advise against it, stating that changing banks now could jeopardize the visa renewal since the funds must be in the new account for at least two months prior to the renewal application. They recommend waiting until after the extension is granted to make such a transfer.

Jesper ******* · Answer

Why not change bank after your extension? Some immigration office accepts 45days before expiry u just need to wait 2 more weeks.....

Jim *********** · Answer

Another jumping off sinking ship Bangkok bank.   won't acknowledge my September transfer so accounts been emptied today.

Urs ************** · Answer

Why you want to Change from Bangkok Bank to another Bank and make things more complicated. I have no problem with my Bangkok Bank account. Because I followed the law and the rules about having the money in real at the account, having an updated telephone number and have a one year rental contract. I never had a problem because I did everything as they are requested to check by law

Giovanni ********** · Answer

I think many people will be interested in doing the same thing.

Bent ************* · Answer

It will certainly be an issue if the money hasn’t been on your new account for 2 months! Wait!

Brandon ************ · Answer

This is the absolute worst time to be considering doing this.  You're already in the period (2 months before your extension) where you have to be able to show your account is at 800,000 baht.  If you want to change banks, you should do that in the period where your account is only required to be at 400,000 baht. This would be 3 months after your extension, until 2 months before your next extension.  That's 7 months where it makes sense.

During that period you can transfer 400,000 and let it settle for a few days, showing you meet the 400k requirement.  Then transfer the other 400k. Then you know you'll be covered since you met the 400k retirement with 2 accounts, and you'll be prepared for the next 800k requirement.

Any change of bank will 100% require all documents from both banks.  But trying to do it right now is putting your extension at risk.

Can I change my immigration deposit bank for my Non-O retirement visa application just before renewal?

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