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Can you use multiple lump-sum transfers instead of monthly bank statements for a Thai visa extension?

Thai visa extensions proof of income bank transfers monthly deposit requirement financial regulations visa rules for expats expat finance in Thailand

Feb 21, 2019

6 years ago

Gregor **********

ORIGINAL POSTER

this is not exactly visa related, but about the "extensions"  so I hope the moderators allow the question being asked. There was an interesting question being asked in a discussion in another thread. Can anyone clarify? The new rules on proof of income require bank statements on "monthly" transfers from abroad to a thai bank account of 65,00/40,000 THB for the period of 12 months/ one year. The question was: can you do three 4-monthly transfers that together sum up to the required total of 800.000/400,000 THB per year coming into Thailand from abroad, instead of having to wire exactly 12 bank transfers?

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TLDR : Answer Summary

The discussion revolves around the new rules for proving income for visa extensions in Thailand, specifically whether one can make three bulk transfers instead of monthly transfers to meet the income requirement. The consensus is that the proof of income must come from monthly deposits, with each month needing to show the minimum amount for the entire year. However, there are exceptions based on personal circumstances, such as having a Thai dependent.

Robert *******

If you can not use the income affidavit from your Embassy, it must be a minimum of 65.000 Thb a month for the last 12 months in case of being over 50 years of age, or a minimum of 40.000 Thb for the last 12 months in case of being married. No yearly average or 1 month less and next month more. Every month over a period of 12 months the minimum amount must be coming in from a foreign deposit.

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Dominic *****

But if you can make up the full lump sum and keep it there for the seasoning, it doesn’t have to be monthly.

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Robert *******

@Stuart *********

What do you mean with a Thai Dependent

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Stuart **********

If you have a Thai dependant then the seasoning rules don't apply, you just need the 400k in your account on the day of application for extension of stay

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Stuart **********

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Gregor **********

ORIGINAL POSTER

alright guys this seems to answer the question

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Tim ************

Unfortunately monthly. No saving on

Fees 😞

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Glen *********

Income method has to be MONTHLY otherwise they would say quarterly lol

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Glen *********

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