Has anyone been approved when providing their own business bank statements instead of personal?
1,092
views
1
likes
27
all likes
16
replies
0
images
8
users
TLDR : 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.
NON-O RETIREMENT VISA RESOURCES / SERVICES
Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
In my case: personal statements and invoices of the company
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 *******
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
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.
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