Can I use a brokerage account statement for a soft power DTV application in Thailand?

DTV visa Thailand visa soft power visa brokerage account savings account checking account visa application requirements

Dec 7, 2024

11 days ago

ORIGINAL POSTER

When applying for a soft power DTV would a statement from a brokerage account (JP Morgan) work or does it need to be a savings account or checking account?

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TLDR : Answer Summary

When applying for a soft power DTV in Thailand, a brokerage account statement (such as from JP Morgan) is generally not acceptable. The funds need to be in a bank account, either savings or checking, in the applicant's name, as these accounts ensure that the money is readily available at all times. Requirements may vary depending on the specific guidelines of the country, with some necessitating a minimum balance.

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Henrik *****

The money have to be readyly available at any time, so only bankaccount count.

Ex. if you have a accident, you would need the money to pay for hospital.

11 days ago

Melissa ********

ORIGINAL POSTER

@Henrik ****

can I cross out the account number? I can imagine that sort of thing getting into the wrong hands this way.

10 days ago

Henrik *****

No, you are giving you informations to a governmental office, not to a doggy agent.

The Immigration may need to check if that account really belongs to you.

10 days ago

Melissa ********

ORIGINAL POSTER

@Henrik ****

Thank you

10 days ago

Reply to

Melissa ********

James ********

Must be a bank account in your name only. Not a brokerage account.

11 days ago

Cameron *********

@James *******

Do we know if PayPal balances count, James?

James ********

they don't.

Cameron *********

Ah. So I assume then that having deposits into a bank *from* PayPal won’t count as towards the 500k balance?

Or is still counts, it just needs to be in the bank, even if it was moved across right before applying?

9 days ago

James ********

@Cameron ********

that depends on the Thai Embassy or Consulate where you are going to apply. There's variations of the financial requirement...be sure to check the website... And read the posts about getting the DTV visa in the Thai Embassy or Consulate in the country where you are applying.

9 days ago

Reply to

James ********

Aj **********

@James *******

I used a brokerage account just fine. Went thru the U.S. NYC consulate.

11 days ago

Melissa ********

ORIGINAL POSTER

@Aj *********

Interesting. You went in person or applied online?

11 days ago

Aj **********

@Melissa *******

online E-visa

11 days ago

Melissa ********

ORIGINAL POSTER

@Aj *********

Did you just use the top page or did you send all of the pages of the statement?

11 days ago

Aj **********

@Melissa *******

just the top page showing the balance

10 days ago

Melissa ********

ORIGINAL POSTER

@Aj *********

Thank you

10 days ago

Reply to

Melissa ********

ORIGINAL POSTER

@James *******

Okay, thank you! Dodged a bullet there!

11 days ago

James ********

@Melissa *******

wonderful 👍. BUT we are seeing the BB brokerage account not approved in many Thai Embassies and Consulates. Especially in SE Asia.

11 days ago

Melissa ********

ORIGINAL POSTER

@James *******

I was saying that I would use a bank instead of a brokerage account

11 days ago

James ********

@Melissa *******

you're fine with that 👍

11 days ago

Reply to

James ********

Will ************

Brokerage won’t, it will be up to the country you apply in as to what they will accept . Some want 6 months with a minimum balance of 500k equivalent baht.

11 days ago

Melissa ********

ORIGINAL POSTER

@Will ***********

thank you!

11 days ago

Reply to

Melissa ********

What are the requirements for applying for a Digital Nomad Visa (DTV) in Thailand with an overseas job?

4 comments

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