Answereda year ago
Can I transfer funds from Bangkok Bank after my Non-O retirement visa extension?
I recently had my Non-O retirement visa extended, but BB’s new policy made the process extremely difficult, complicated, and costly in both time and money.
I would now like to transfer my funds from BB to another bank. Would it cause any problems if I withdraw all the money from my BB account, which I used for the visa extension, since one of the conditions requires maintaining a minimum balance of THB 400,000? Or, as long as I have THB 800,000 (THB 400,000 2 months prior to the filling date) in any Thai bank account, would that be acceptable?
In other words, for my future visa renewal, must I continue using the same bank account that I originally used for the visa application and initial renewal?
If anyone has experience to share, I would appreciate it.
I would now like to transfer my funds from BB to another bank. Would it cause any problems if I withdraw all the money from my BB account, which I used for the visa extension, since one of the conditions requires maintaining a minimum balance of THB 400,000? Or, as long as I have THB 800,000 (THB 400,000 2 months prior to the filling date) in any Thai bank account, would that be acceptable?
In other words, for my future visa renewal, must I continue using the same bank account that I originally used for the visa application and initial renewal?
If anyone has experience to share, I would appreciate it.
Answer summary
The user is seeking advice on transferring funds from Bangkok Bank (BB) after recently extending their Non-O retirement visa. They are concerned about maintaining the required minimum balance of THB 400,000 for their visa renewal and whether they must use the same bank account for future renewals. Comments emphasize that they should wait at least three months after the extension before moving funds, ensuring continued minimum balances in the accounts used for the visa application to satisfy immigration requirements.
16 repliesnewest first
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Roberto *********
You don't have to use the same bank but make sure you do an actual transfer of the 800k from bank to bank. If you withdraw the money you are breaking the continuity chain
Terry *********
I want to get a retirement visa to live in Thailand for long point of time ten to twenty years how hard is it to get this type of visa
Robert ********
@Terry ********
easy. Don’t use an agent to circumvent the requirement of 800k in bank! You will run into trouble sooner or later!
Bill *********
@Terry ********
Not hard if you get a visa agent working for you. Everything done in less than a day.Roberto *********
@Bill ********
Just as easy to do yourself and save a stack of money!
Pete *******
@Terry ********
very easy, just need to qualify by age and meet the financial requirements.
Giuseppe **********
Don't move before 3 months
Det *******
@Giuseppe *********
Banks should not be the enforcer.
John *********
Bangkok Bank is operating on the premise that all foreigners are Chinese gangster money launderers. Even if it is really obvious that we are not Chinese citizens and we are not laundering millions of baht.
Brandon ************
You need to wait until at least 3 months after your extension, because the requirement during those 3 months is that your account remains at 800,000.
Then after that point, when the requirement is just that you must have 400,000 in your account, you can transfer 400,000 to your new account. Give it a few days to settle, and then transfer the other 400,000 into it. This is so you can show you had at least 400,000 fully settled into an account at all times.
Next year for your extension you will need to get the statements and bank letters for BOTH accounts. But after that you can just do everything with the new account in following years.
Then after that point, when the requirement is just that you must have 400,000 in your account, you can transfer 400,000 to your new account. Give it a few days to settle, and then transfer the other 400,000 into it. This is so you can show you had at least 400,000 fully settled into an account at all times.
Next year for your extension you will need to get the statements and bank letters for BOTH accounts. But after that you can just do everything with the new account in following years.
Jack *****
@Brandon ***********
would it be safer to get the BB statement once he moves the remaining B400K....... not have to worry about any future problems with BB??Brandon ************
@Jack ****
no because some immigration offices might not accept the 800,000 split across 2 separate accounts.Brandon ************
@Jack ****
ah, that might work then. I misunderstoodJack *****
@Brandon ***********
I ask about once the final transfer of B400K to the new account... not having two B400K accounts diff banks.. the statement from BB would show what was what..up until he transfer the last B400K to new account... just have the dates confirmed from both banks.. not have to worry about getting a statement 9 months later from BB
Gerry ******
@Brandon ***********
spot on.Robert ********
@Brandon ***********
Perfectly explained 👍🏽Activity
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