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Can I use funds from a cryptocurrency exchange for the DTV visa in Thailand?

DTV visa proof of funds cryptocurrency Thailand visa regulations bank statements liquid cash requirements

Jan 2, 2025

2 months ago

Ben *************

ORIGINAL POSTER

Has anyone successfully gotten the DTV visa using USD on a cryptocurrency exchange account (like binance) as proof of funds?

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TLDR : Answer Summary

Users in the community overwhelmingly suggest that funds from a cryptocurrency exchange account, such as Binance, will not be accepted as proof of funds for the DTV visa in Thailand. They emphasize the need for cash held in a traditional bank account, citing that many applications get rejected when funds are shown as investments or in accounts not directly held in the applicant's name. It's advisable to convert cryptocurrency into fiat money and ensure that the funds are in a local bank account for the application process.

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Tore *********

Better to transfer to your bank, but some countries require 6 months balance. Jakarta didn’t, just cared about current balance

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Ben *************

ORIGINAL POSTER

Curious, how long did it take you after applying to receive the visa?

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Donna ******

@Ben ************

Jakarta was reasonably quick, even considering it was holiday period. I applied 26th, asked for extra info the 30th, sent 31st. Received approval the 2nd.

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Tore *********

@Ben ************

I applied in October before they switched to E-visa. Walk-in, no appointment. Pickup 3 days after .

They switched to E-visa in November

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Ben *************

ORIGINAL POSTER

nice thank you 🙏

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Ben *************

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Ben *************

ORIGINAL POSTER

awesome thanks a million!

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Ben *************

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Donna ******

@Christopher *******

Savings account works, but for workcation they ALSO wanted to see receipts of salary, so sent my chequing statement which did not have the minimum.

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Ben *************

ORIGINAL POSTER

and that worked for you?

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Donna ******

@Ben ************

Yes, approved late next working day. I had the minimum balance in my account for the 6 months, so can't comment on how long it needs to be there, but I've heard it doesn't need to be 6 months.

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Ben *************

ORIGINAL POSTER

Amazing, thank you. Curious, what country did you apply from?

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Donna ******

@Ben ************

It was Ho Chi Minh, Vietnam for mine.

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Ben *************

ORIGINAL POSTER

thank you!

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Donna ******

@Ben ************

You're welcome!

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Donna ******

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David ****************

cant be done.

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Ben *************

ORIGINAL POSTER

@David ***************

appreciate it

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Ben *************

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Christopher ********

No, cash only in a checking account - anything perceived as an investment account is denied.

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Ben *************

ORIGINAL POSTER

@Christopher *******

got it thank you

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Ben *************

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Steve ***************

I showed three years of trading accounts and fully paid tax returns with ample available funds, but got rejected. For whatever reason, they need funds to be shown in a traditional bank account in your own name.

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Dean *****

the same thing happened to me, they only accept bank accounts not any kinds of investing accounts

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Ben *************

ORIGINAL POSTER

Got it, thanks a million

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Ben *************

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Ben *************

ORIGINAL POSTER

@Steve **************

crazy. Appreciate it steve

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Ben *************

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Bob ******

Will not work. Take some funds out and convert to Fiat Money. However, better wait until at least until end of January because this month we gonna print cashhhh🤑🤑🤑

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Tore *********

Nah, another correction incoming before blastoff around Trump inauguration

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Ben *************

ORIGINAL POSTER

hahahaha right??

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Ben *************

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Christopher ******

I'm about to apply for mine. I was going to include an entire financial package. Sales.. assets.. cash on hand and my crypto file..

Better to have it all on a readies notice.

Thailand is one of the biggest crypto holdings countries in the world.

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Ben *************

ORIGINAL POSTER

@Christopher *****

thanks. Lmk how it goes!

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Ben *************

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Andrew *******

I don't think so, they want to see it in liquid cash, held in a single savings/checking account. 3-6 months minimum balance at some places. Good luck

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Aj **********

I had no issues using a brokerage account

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Ben *************

ORIGINAL POSTER

curious, what embassy/country did you apply from?

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Aj **********

@Ben ************

USA NY consulate

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Aj **********

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Ben *************

ORIGINAL POSTER

appreciate it. Do you know any places that don't require the 3-6 months history?

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Ray *****

@Ben ************

London, one month

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Ray *****

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