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Can I deposit 800,000 THB now to meet my visa renewal requirements in Chiang Mai?

Thai Visa Renewal Banking in Thailand International Money Transfer ACH vs IAT Deposit Requirements for Visa Chiang Mai Expat Finance

May 4, 2019

6 years ago

Pradeep ******

ORIGINAL POSTER

I received a letter from Bangkok Bank stating that from April 1 2019 they will not transfer funds from US to Thailand using ACH .Now I have been asked to use IAT {International ACH Transaction) My credit union nor my stock  broker support this system . For wire transfer I have to be in the Credit Union in person.  My question is can I deposit 800,000 now to qualify for my renewal coming up in October in Chiang Mai ?  Or is there any other way I can transfer money I have been bringing in more than 65000 every  month. Thanks to you all 

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TLDR : Answer Summary

The user inquires about transferring money from the US to Thailand for visa renewal, mentioning a banking change affecting transactions. A comment indicates that depositing 800,000 THB into a Thai bank account should fulfill visa requirements, noting specific time conditions for maintaining the deposit amount.

Robert *******

And before this goes into a discussion about banking and using apps, I close the commenting. Be aware that TransferWise is not at all Thai banks registered as International Money transfer, this out of earlier discussions on this page.

6 years ago

Robert *******

If you deposit 800.000 Thb into your Thai bank account it should be good, the requirement is at least 2 months before application date till at least 3 months after and the rest of the year not less than 400.000 Thb. With your second question we can not help, this page is not for how do I send money into Thailand advice.

6 years ago

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Robert *******

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