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Answered2 years ago

Can I use my business bank statements instead of personal ones for visa approval in Thailand?

Darren ********************
asked Oct 27, 2024
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Has anyone been approved when providing their own business bank statements instead of personal?
Answer summary
The community has mixed experiences regarding the use of business bank statements for visa approvals in Thailand. While some have been successful using their business accounts, others strongly advise against it, stating that personal bank statements in the applicant's name are usually required. A few commenters suggested temporary solutions, like transferring funds to a personal account to satisfy requirements. Overall, it appears that a personal account is preferred, but exceptions may exist under specific circumstances.
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Romain ****
Romain ****
I gave both in France but personal was enough, don’t know if this helped
Cliff *********
Cliff *********
Yes I used my business bank account which has my name on it for LA office and was approved
Glenn **********
Glenn **********
I submitted my company documents from USA. No issues
Darren ********************
Darren ********************
OP
@Glenn *********
You provided only company bank statements?
Glenn **********
Glenn **********
@Darren *******************
I’m a single member LLC
Glenn **********
Glenn **********
Josep *********
Josep *********
In my case: personal statements and invoices of the company
James *******
James *******
Definitely wouldn’t recommend trying this. There’s a high chance they won’t accept it. I provided all business documents, letter from bank saying I’m the sole owner and director of account.

They said they don’t accept business bank accounts. Needs to be personal account in your name

Reasoning I’d assume is because they want savings in your name to support yourself while in Thailand. Not business funds (could be pre tax pre expenses etc so they just refuse it)
James *******
James *******
Can transfer to personal account the 500k baht for one month for it to show up on your statement. Then can show 3-6 months of business account holdings if they want a longer time horizon. This could potentially work but 100% need the 500k in personal acc
Darren ********************
Darren ********************
OP
@James ******
Thanks for the firm answer James. I'll work something out then.
Mike *****
Mike *****
I did (Dutch) but also provided a statement from Chamber of Commerce that im the only right owner.
Darren ********************
Darren ********************
OP
@Mike ****
Thanks Mike
Ray *****
Ray *****
Everything I have read has said it has to be a personal account in your name
Darren ********************
Darren ********************
OP
@Ray ****
Thanks Ray. Me too. My business account includes my name in the statements but I'm still not sure if they will accept them. I don't use my personal account these days so doesn't have enough cash in it.
Ray *****
Ray *****
@Darren *******************
certain embassies take one month statement like London and Phnom Penh as two examples. So you could transfer to your personal account short term to show the necessary funds
Darren ********************
Darren ********************
OP
@Ray ****
Ahh ok. I'll be using London so that's good to know.

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