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Can I use bank statements from my business bank account for my visa application in Thailand?

Jul 15, 2025
3 days ago
Matteo ***********
ORIGINAL POSTER
Hi everyone,

Has anyone here submitted bank statements from a business bank account that’s under their own name? In my case, I own a sole proprietorship, and the business account is in my name because the business itself is called with my name. I assume this shouldn’t be an issue, but I wanted to check if anyone has experience with this or ran into any problems.
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TLDR : Answer Summary
The user is inquiring whether it's acceptable to submit bank statements from a business bank account under their own name for a visa application in Thailand. Responses indicate that using a personal bank account may be required to meet the 500k THB evidence for the visa, suggesting potential issues with using business accounts for this purpose.
Fiamma ******
Which embassy you apply from?

Is it a common practice/sense in the country where you apply, that your sole company bank accounts’ name is the company owner?
Matteo ***********
ORIGINAL POSTER
@Fiamma *****
I will apply from Rome.

In Italy, sole proprietorships aren't a separate legal entity from the individual. You only file a single tax report for example, not one for the person and one for the business.

While you’re allowed to choose a business name, it must include at least your surname by law, so my company has the exact same name as me, which is completely legal and standard practice here.

In some cases you aren't even required to have a separate business bank account actually (while it's strongly advised for obvious reasons). That’s because, as a sole proprietor, I'm the business myself. I have no partners or shareholders, and there’s no separation of liability or ownership, it’s 100% individual. 🙂
Matteo ***********
ORIGINAL POSTER
Thank you for the thorough answer! I will definitely include a letter of clarification and tax files to my application, just to make it easier to understand for everyone.
Fiamma ******
@Matteo **********
Exactly. Good luck!
Fiamma ******
@Matteo **********
Thank you for sharing this. I just did a quick study and understood it’s a ‘ditta individuale’ structure in Italy where your company = exact you.

In this case it makes sense that you submit your company statement, and applying in Rome.

If you are in Rome, I’d suggest you to contact the embassy to double check if this works before applying. (Though) Most of the time the embassy won’t be able to answer you directly, your case especially, coz it’s a special structure. If they fail to give you a direct yes or no, then you may give a go with it (with some risk but we can try minimize that, e.g I’d suggest to attach your tax file (btw which one you file? You or the company) ; Also maybe have a letter of clarification as well to proactively clarify it.

Or to play safe, move the fund to personal accounts and wait till eligible to apply.
Anonymous ******************
No. Don’t.
Andi ***********
A personal bank account must be used to evidence the 500k THB, You may be asked to submit a personal bank account or your application rejected if you submit a business account,