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Can I use an existing Thai bank account for the retirement visa financial requirement?

retirement visa Thai bank account financial requirements visa rules expat advice

John ********

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asked Mar 2, 2019

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On a retirement visa here. Question about the 800k (400k for married)  account.  

Can I use an existing Thai bank account for this (It’s a personal expense account with many withdrawals and deposits in a month) as long as I keep the balance above the minimum level?

Or, do I have to open a dedicated Thai bank account for this purpose?

Answer summary

The question seeks clarity on whether an existing personal Thai bank account can be used to meet the financial requirements of holding a retirement visa, specifically regarding the maintenance of a minimum balance of 800,000 THB (or 400,000 THB for married applicants). It inquires if the account's regular transactions affect its eligibility for this requirement.

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