Answereda year ago
Can I use investments instead of cash for my Thai visa application?
Hello friends, I have 60k$ in my Schwab Brokerage account but it's all investments and not cash, I could liquidate but obviously don't want to. Has anyone been able to get their DTV approved with investments rather than cash?
Answer summary
The original poster inquired whether they could have their DTV approved using their investment account instead of cash. Community responses indicated mixed experiences: some reported success with investment accounts and advice about margin loans to temporarily access cash. However, it is generally noted that most embassies prefer funds in a personal bank account, with some exceptions.
19 repliesnewest first
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Anonymous ******************
No!
Anonymous ******************
Fwiw, I was approved with an investment account but it was a cash management account with cash and money market funds. I also show various debit transactions.
Anonymous ******************
Anonymous participant 676 I will be trying at LA next month fot medical and my cash is in an HSA with a brokerage...all cash reserves with debit card. I plan on including my $1 health policy good in Thailand and a pile of paid reciepts for medical things in Thailand. The medical certs from hospitals are legit...we will see whst happens.
James ********
Anonymous participant 185 Good Luck 🍀 Please update us when you have a decision from the Thai Consulate in Los Angeles
Anonymous ******************
Anonymous participant 185 just mentioned to them that the account like a cash mgmt account with bank routing number and checking account number!
Anonymous *************
OPAnonymous participant 676 where did you apply?
Anonymous ******************
Anonymous participant LA
Anonymous ******************
You can always request at the consulate, where you plan to apply, and ask them, if it is acceptable.
Ryan ********
Consider taking a margin loan against your portfolio and keeping it in your bank for the required time, then you just have to pay a small amount of interest and not liquidate your investments.
Gabriel *********
@Ryan *******
great idea didn’t think of this was my biggest concern too
Anna *********
There are all some exceptions but generally no it has to be in an old fashioned savings account at an old fashioned bank
Andi ***********
A few embassies in US such as NYC approve Investments for the 500K. Vast majority of embassies worldwide require it in a personal bank account, instantly accessible.
Gabriel *********
@Andi **********
any idea about DC?Andi ***********
@Gabriel ********
I have read a post of DTV approval in DC via a brokerage account. A few months ago, it should be in the threads.Anonymous *************
OP@Andi **********
I've used the account before for transactions, it works the same as a normal bank account. Sadly I'm not in NYC.Andi ***********
Anonymous participant Where are you applying?
James ********
@Andi **********
Correct ✅Andi ***********
Anonymous participant So you need to have it in a personal bank account.
Anonymous *************
OP@Andi **********
I’m in SEA right now so one of the countries hereActivity
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