Do I need 500,000 THB in a Thai account or can I provide the equivalent in another currency for my visa application?

The requirement for showing 500,000 THB for a visa application can indeed be met with equivalent amounts in other currencies. It is important to check the specific embassy or consulate's currency conversions, as they may set different thresholds for what constitutes the equivalent amount. Acceptable forms of funds may include cash, bank statements from any global bank, or even assets like gold, as long as they can be converted to the minimum required baht.