This is NOT an official government website. We are an independent resource providing information and assistance to travelers.

Can I use my company bank account for the Destination Thailand Visa application or do I need a personal account?

Nov 30, 2025
19 hours ago
Hey everyone,

I’m flying to Hanoi next week to apply for the Destination Thailand Visa (DTV) – workation route.

Here’s my situation with the bank statement (the famous 500k THB for 3+ months rule):

• I run a fully online e-commerce business registered in my home country.

• I am the sole owner and only person with access/signatory.

• The company bank account is under my full legal name + “Company Ltd” (or LLC, whatever the equivalent is) at the end.

• This account has had well above 500k THB (actually way more) sitting there for over 3 months, and the turnover in the last 6–8 months is in the multiple millions of baht (lots of incoming and outgoing payments from platforms, suppliers, ads, etc.).

• I use this company account for pretty much everything tax-wise: rent, internet, food, transportation, travel – all legally declared as business expenses in my country because the business is 100% online/location-independent.

I do have a personal account, but it has basically zero history and almost no money in it right now.

My question to people who already went through the DTV process (especially in Hanoi or other “strict” embassies):

1. Have you successfully used a company bank account that has your personal name + “Ltd/LLC/Co. Ltd” at the end? Did they accept it without any drama?

2. Or would you play it safe and transfer the money to a clean personal account now (even if that personal account will only have the money + transfer for a couple of weeks before I print the statement)?

I know some people say “only personal account” but I’ve also seen recent reports of company accounts being accepted as long as your name is clearly on it and you can prove you’re the sole owner.

What would you do in my shoes? Leave it in the very solid company account (tons of history, huge turnover, balance never dropped below the requirement) or rush a transfer to personal and lose most of the transaction history?

Appreciate any recent experiences – especially Hanoi consulate!

Thanks
764
views
1
likes
19
all likes
12
replies
0
images
8
users
TLDR : Answer Summary
The poster is seeking advice on whether to use a company bank account or transfer funds to a personal account when applying for the Destination Thailand Visa (DTV) at the Hanoi consulate. Several commenters emphasize that banks generally prefer personal accounts since business funds are not considered personal assets. They suggest providing a cover letter and supporting documents to clarify sole ownership if opting to use the company account, but many recommend transferring the funds to a personal account to avoid complications.
DTV VISA RESOURCES / SERVICES
John **********
The money must be in a personal account. Money in a business account belongs to the business and not you personally. They want to see 3 months of bank statements but only the final month needs to have the 500k baht showing. The problem you have is waiting for the statement to show that which might be the end of the month if that's when your bank generates statements
Melissa *******
@John *********
Hi John, This is interesting -- but are you sure only the last month needs to show the 500k baht? I've had it showing on my bank statement since October, but not Sept.
John **********
@Melissa ******
it depends where you apply
Andi ***********
In Vietnam. You can be approved with non seasoned funds. There are many posts of approval to confirm this. Funds must be in a personal account, make a relevant transfer and then apply.
Irfy****
Ltd company is a separate entity to an individual.

The spirit of the rules of DTV apply to funds being in an accessible bank account in the individuals name. As the individual is applying for the DTV, not the company.

How the individual embassy interprets those rules along with a covering letter from yourself, only the embassy officer can answer that.

You can risk the visa fee and try your way with the company bank account. But be prepared to have to wait almost four months to apply again if it fails, as the money has to be in a personal account for over three months.

Also note if you do move the funds to your personal account then you will be liable for any personal taxation in your home country. Plus any potential NI etc if it’s taken as a salary.
Hongthai *******
Not sure if it's the same for workcation but I went soft power in Hanoi and had no issue after depositing the money a month before. I did show 6 months of statements with money going in and out and that seemed to be enough.
Kurt *************
500k needs to be in personal account not business. There is no way outside of this.

I would transfer, and write a coverletter describing your business and just say you thought business account was okay but got told to do personal and thats why the money isnt seasoned. Along with paperwork showing sole ownership
Anonymous *************
ORIGINAL POSTER
@Kurt ************
do you think if i transfer 500k+ to my personal and explain this situation gonna be enough ?

The bad thing is the money would be there for 3-5 days
Kurt *************
Anonymous participant i would definitly wait like minimum 6 weeks. But you also need to think about how you gonna explain this money. Is it salary? A loan from the company etc.This money is to ensure that you have funds if something were to happen while staying in thailand, so if the money needs to go back after short time then dont bother with the tranfer. It needs to be yours personally. So salary or dividens
DTV_Be*******
Please look at previous posts. This has been discussed - company accounts have usually not worked
Anonymous *************
ORIGINAL POSTER
DTV_BegPecker didnt see any post about the company account be the full personal name + ltd

Thats why i asked
DTV_Be*******
Anonymous participant so the goal is hoping that they don’t notice the “LTD” and just assume it is a personal account? Regardless if it is your name or not, it is a business account. If they approve, it comes down to them not noticing. Anyone who got away with that in the past, will not inform you that you would get away with it now.