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Answereda year ago

Can I use my Amanah Saham Bumiputera (ASB) account to apply for the Thai DTV visa in Malaysia?

DTV Visa Thai Visa Application Amanah Saham Bumiputera Visa Documentation Bank Accounts for Visa Expats in Thailand

Lina *****

OP

asked Jun 7, 2025

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Hey guys, if my current savings bank account doesn't have the sufficient amount but my Amanah Saham Bumiputera (ASB) has more than enough. ASB is a fixed-price unit trust fund (not a traditional bank). ASB is designed as an investment vehicle for long-term growth and capital preservation, with a fixed price per unit and no sales or redemption fees. 

Can I:

1. Apply using my ASB account 

2. Move the sufficient amount of money from ASB account to my current savings account , show the proof of transfer and then apply for the DTV the next day. (But it wouldn't have the 6 months past record of 500,000 baht).

I am a Malaysian and thinking to apply in Malaysia. 

Thank you 🙏🏼

Answer summary

The inquiry discusses the possibility of using funds from an Amanah Saham Bumiputera (ASB) account for a DTV visa application. Several comments highlight that embassies typically require funds to be in a personal savings or checking account, as investment accounts like ASB do not qualify. It is advisable to transfer sufficient funds to an accessible savings account and maintain the necessary balance for six months to avoid complications. Additionally, applying through embassies in countries with less stringent processes, like Jakarta or Hanoi, is suggested, given that the Malaysian embassy is known for its strict guidelines and slow processing times.

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Orange*******

Orange*******

Please avoid Kuala Lumpur embassy.

It's horror.

1

Henrik *****

Henrik *****

Move the money to the bankaccount, since the money needs to be readily avaiable, if for instance you need to pay a hospital before getting treatment, tha is the idea about the 500.000.

1

Lina *****

Lina *****

OP

Thanks!! That's really useful 🙏🏼 The thing is I've been doing these border runs for the past 1 yr and 3 months. To move these funds from my investment account, I'll have to be in Malaysia physically and I'm worried I'll be denied entry to Thailand. The other option is to move money from my crypto account but I'm not sure if it would be a red flag since it can look a bit dodgy? Which is the least risky option?

0

Tammi *****

Tammi *****

Yes, sell your crypto, put in Wise. Btw, I added my Maybank time deposit on top of my online banking. They still asked for more updated statements (last 6 months), but I explained that both accounts are accessible to me for expenses whilst in Thailand.

1

Andi ***********

Andi ***********

Many sell investments Inc crypto to fund the 500K THB as very few keep that sum in a bank account. I sold investments a week before my application. Choose the embassy where there is no seasoning requirement, if you sell your crypto.

1

Lina *****

Lina *****

OP

@Andi **********

That would be great! Which embassy doesn't require seasoning? Cause to wait three months before applying seems so long and I may not have the luxury. Do u show ur crypto transfers into ur savings account? And do u have to space out ur transfers not to raise red flags? Thanks 🙏🏼

0

Andi ***********

Andi ***********

The embassies i mentioned earlier have no seasoning need but it is best to submit 6 months of statements to avoid requests for more. I had stock investments sold and transferred over a week into my bank account and submitted just the bank statement. Some space out their transfers. over a month or 2.

0

Arun ***************

Arun ***************

1) The embassies do not accept business accounts, stock accounts, securities accounts, or cryptocurrency wallets. Only savings or checking accounts are accepted.

2) Yes you should transfer your funds into a savings or checking account.

Lastly like someone else has mentioned, good to take note that Thai embassy in Malaysia is known to have one of the strictest approval processes and long approval times (same for Singapore and Japan).

Unless you are confident of your documentations and can provide authentic reasons/evidence for applying for the DTV visa, you may want to consider applying from more lenient countries nearby like Vietnam, Philippines or Indonesia.

2

Lina *****

Lina *****

OP

@Arun **************

The thing is to move my funds to my savings account, I have to be in Malaysia physically and I've been going in and out of Thailand continuously for the past 1 yr and 3 months. I'm worried I'll be denied entry into Thailand. The other option is to move my crypto funds into the savings account which can be done easily but may raise some red flags and add more risk to my application? Which would be considered the less risky path?

0

George ******

George ******

if you’re worried about not getting let back in, don’t just come straight back. Maybe plan a couple of weeks outside the country

It’s usually if someone has been doing lots of same day returns and border bounces that it can be a problem. Although ASEAN members typically get less scrutiny than others

And it doesn’t matter if the money has come from crypto. Just that it is liquid and has been in your account for the time specified

1

Arun ***************

Arun ***************

I don't see any issue with funds coming from crypto currency if you're concerned about adding more stamps on your passport in and out of Thailand. It is very common among applicants who support themselves by crypto or stock trading and wish to apply for the DTV.

1

Anonymous ******************

Anonymous ******************

Unlikely as it needs to be liquid assets you can access immediately.

2

Lina *****

Lina *****

OP

Anonymous participant 648 thank u 👍🏼

0

Tammi *****

Tammi *****

May I suggest you try to apply through other embassies (eg Jakarta, Hanoi) as I've heard MY embassies take ages.

2

Lina *****

Lina *****

OP

I'm starting to notice ppl mentioning Malaysia is one of the toughest to please.. maybe it's not worth the risk.. even as a Malaysian

1

Tammi *****

Tammi *****

Even more so as Malaysian, as I can imagine they can be stricter. Try Jakarta or Hanoi. Got mine from the latter in 3 business days.

1

Lina *****

Lina *****

OP

okay, definitely avoiding Malaysia! Lol

0

Andi ***********

Andi ***********

Funds should be in an immediately accessible personal account. Move funds to such an account Malaysia requires it to be seasoned for 6 months and is infamous for being the most demanding embassy for approval..

3

Lina *****

Lina *****

OP

@Andi **********

Thanks Andi!! Anyone, any idea which country will be okay with 3 months vs 6 months of proof of 500,000?

1

Henrik *****

Henrik *****

Look at the websites of the Thai Embassies that could be in question.

1

Tammi *****

Tammi *****

I can vouch for Hanoi only asking for 3 months (but they have to be latest to the tea, even the day when you apply, if possible)

3

Andi ***********

Andi ***********

Indonesia, Vietnam, Laos, The Philippines,. Cambodia, Taiwan.

3

Charles ********

Charles ********

In general investment accounts don't qualify, even very liquid ones.

3

Lina *****

Lina *****

OP

@Charles *******

Thanks Charles for the info!

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