Can I deposit cash for the 800,000 baht requirement in my Thai bank account for a Non-O visa extension?

Non-O Visa Visa Extension Bank Account Requirements 800,000 Baht Deposit Thai Immigration Proof of Income Affidavit Retirement Visa

May 13, 2023

2 years ago

Sue **********

ORIGINAL POSTER

Hi, this is not explicitely a visa question, but without a bankaccount no extension of stay right? Here my question: After opening the account for the deposit fund of 800'000 baht, do the banks accept the sum in cash? (baht or foreign currency) or do they only accept transfer  from my home bank? There are many different infos about this issue. Thanks for your appreciated help.

Thanks for the private answer. For my initial non-O retirement visa I have to show my home bank account for the last 3 months before applying with the 800'000 baht in foreign  currency. As soon as I enter Thailand with this visa I have to open a thai bank account, which I still do not have yet.

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TLDR : Answer Summary

The conversation discusses the requirements for a Non-O visa and the importance of having a Thai bank account to meet the 800,000 baht requirement for a one-year extension. Users provide details on whether banks accept cash deposits to meet the financial requirements, how long the funds must remain in the account, and the applicability of affidavits from embassies based on nationality. It is clarified that funds can come from cash deposits or transfers, but must be seasoned for a specified duration before applying for an extension.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
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Ellie *******

Thank you for comments and help, members.

Her passport nationality is still unknown here. Please not make comments based on too much assumption.

@S**

, if you want to ask related to this post or comments here, please contact one of the moderators to open this.

2 years ago

Florian ***************

If you have a retirement income (Rente) then it’s much easier to get the visa in Germany. It can even be done online and you don’t need to have the 800K, just your Rentenbescheid.

2 years ago

Gregor **********

I simply checked your profile. As a German citizen, you can use the affidavit proof of income from the German embassy in Bangkok (only Americans, English and Australians have to use the 12-month bank receipt proof)

2 years ago

Peter ****************

Gregor Huettner Indeed. And I thought it is even not possible to use the 12 months of income when y'r Embassy still hands out affidavits. When you have an affidavit, income has already been proven. Besides the Affidavit or

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k฿ on the bank, many times it's also possible to use a combination of those two. Then together in a year, it has to be the

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k฿.

2 years ago

Gregor **********

@Derek *********

This has nothing to do with the application o immigration. This depends on if the Thai embassy/consulate of your home country, accepts an income which is NOT derived from a pension. For a proof using the 12-month bank statement on the immigration in Thailand, any kind of income is accepted. The source is irrelevant. You actually could install an money transfer caroussell, if ya know what I mean

2 years ago

Derek **********

@Gregor *********

, yes but this could also be from a company?

2 years ago

Gregor **********

@Derek *********

no. You need accumulated monthly entries into your Thai bank account, month for month, within a period of 12 consecutive months. And the bank must issue a "letter of guarantee" over exactly these 12 month of transactions

2 years ago

Reply to

Gregor **********

John **********

For an extension of stay the money does not have to come from overseas but still needs to be seasoned. So if you get a Non-O from your own country before coming to Thailand you need to have 800k baht in a Thai bank in your own name for 2 full months before applying for the first extension. Unless of course you come from a country that will provide an income affidavit

2 years ago

Sue **********

ORIGINAL POSTER

@John *********

Thank you.

2 years ago

Reply to

Sue **********

Ellie *******

That depends on your nationality. IF your embassy in Thailand issued an affidavit for your funds in/from your home country, you can use it as proof of your required funds.

If your embassy doesn't issue an affidavit, you need to have 800K baht or equivalent in foreign currency in your Thai Bank account. (You can use a foreign currency account - but better to check your local immigration office).

For 1-year extension application, your funds of 800K baht have to sit in your bank account for 2 months as of the day of application.

The funds can be transferred or just put in cash deposits.

You need to check with your embassy, otherwise, better to hurry to open your account. BUT unfortunately, opening a bank account is not in the scope of this group.

Attached is the general requirement for 1-year extension based on being over 50. Get the latest handout from your local immigration office ASAP.

2 years ago

Sue **********

ORIGINAL POSTER

@Ellie ******

Thank you

2 years ago

Reply to

Sue **********

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