Answereda year ago
Do I need a lump sum or can I use the monthly income method for my visa extension with Bangkok Bank?
There has been alot of excitement regarding Bangkok bank's introduction of a requirement for you to have a 4 month lumpsum either before your ext or feeze funds afterward, to obtain a balance certificate for your visa extension. What I've not seen is where someone is using the monthly income method to fulfill the financial commitment? Do they now need the lumpsum as well?
Answer summary
There has been confusion surrounding the new requirement from Bangkok Bank, which necessitates a lump sum of funds for obtaining a balance certificate for a visa extension. While some users express concerns about the need for this lump sum, others clarify that if you are using the monthly income method to fulfill the financial requirement, a lump sum is not necessary. It's important to ensure the bank provides accurate documentation showing the 12 monthly deposits for immigration purposes, and some users recommend consulting with your bank regarding the submission processes.
18 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Roberto *********
No they don't. I use the 65k process, so I don't require a letter
Frank **********
I also ran a 12 month statement off the App. The IO liked that one better. Said is was less confusing. 555
Max *************
@Frank *********
It's up to the immigration office. Most offices won't accept a print-out from a bank app unless it's signed and stamped by your bank. Even that isn't very common.Jesper *******
@Frank *********
dont u need the bank to stamp and signed for the statements from the app?Frank **********
@Jesper ******
I gave both to Immigration. He said Bangkok Bank one was confusing. For some reason the one you request on the app was simpler. He took both statements 555.
Glenn *****
@Jesper ******
not the way it works while using the monthly income method. There is NO balance requirement. A special bank letter showing all 12 foreign transfers. Immigration, at least most of them, do not want statements but may ask for passbook copies.Max *************
@Glenn ****
Citizens from the US, UK, Australia and now also Canada must "officially" get a 12 months bank statement from their bank. Officially is the keyword,there are always an office accepting for example a print--out from a bank app,but it might need to be stamped and signed.Jesper *******
@Glenn ****
it's not about balance requirements....it's about the letter or statements that the bank provides needs to be stamp and signedFrank **********
I doubt it. If you are using the monthly deposits to fulfill the requirements just let Bangkok Bank know that. Get your bank statement showing the 12 monthly deposits and the letter that says the bank account is under your name with the balance shown. Be careful and make sure they give you the statement that shows the monthly deposits. I had to go back to the back after because they left two full months off of the statement. Like a fool I trusted Bangkok Bank to give me the full 12 months. 5555
Sean **********
@Frank *********
I am using the 12 monthly method for extension renewals. At my last renewal, June this year at immigration in Bangkok I was told next year I will need a letter from the bank certifying that my 12 monthly deposits were transferred from my home country..Frank **********
@Sean *********
Yes. I know.Max *************
@Frank *********
If you come from a country where your embassy or consulate issues income letters showing your monthly pension for immigration,you must use it. But if you come from for example the US, UK, Australia and now even Canada, you must get a 12 months bank statement from your bank. That's officially the only way.Frank **********
@Max ************
yes, I know.
Pete *******
Your statement is incorrect. If you have the funds seasoned already you will immediately get your certificate of deposit. If not seasoned for four months you will be asked to agree to holding the funds in your account for that time period in order to immediately get your certificate of deposit. If you are using the monthly transfer method then you do not need the lump sum.
Colin **********
OP@Pete ******
yeah ok, I was more interested in if your using the lumpsum method, but ill change it.Pete *******
@Colin *********
now it reads correctly.
Det *******
The immigration’s requirement for that letter for the income method appears to be unnecessary. Maybe immigration will end it.
Carla *******
Following
Activity
10 joined10
people
Related
25What documents are needed for a Non-O Retirement visa extension using the monthly income method?
1.5k12153mo
How can I change my bank from Bangkok Bank to another without affecting my visa extension funds?
4.7k35634mo
Does the bank statement need to be dated the same day as going to immigration in Korat for a visa extension?
4k32476mo
Do I still need a 12-month bank statement if I submit a credit advice for my income proof for extension of stay in Thailand?
834391y
Do I need to deposit 100,000 baht before or after obtaining the confirmation letter for a Non-O retirement visa?
4.1k24681y
Should I use an agent for my 1-year extension of a Non-O visa in Thailand?
4.8k43402y
What are the requirements to apply for a retirement visa in Thailand using the income method?
4.4k38342y
Can I use a 6-month bank statement for my yearly Non-O visa extension in Chiang Mai?
1.6k7222y
Can I apply for a marriage visa in Thailand after my Ed visa expires without leaving the country?
1.2k8103y
Can I apply for a marriage visa in Thailand after arriving on a 30-day visa waiver?
4.3k33443y
What are the requirements for bank statements when applying for a tourist visa in Thailand?
2.3k16183y
What is the process for extending a Non-O visa based on marriage in Thailand, and what are the important deadlines?
915544y
Is a 6-month bank statement sufficient for extending a Non-O visa for retirement in Thailand?
3.5k32205y
What are the current document requirements for extending a NON-O marriage visa in Thailand?
3.2k31185y
What are the requirements for bank statements when applying for a visa extension based on marriage in Thailand using the 400k method?
1.2k5125y
Do I need 800,000 baht in my bank account to extend my OA retirement visa in Thailand or can I use the monthly income method?
2.5k20175y
Can I return to Thailand on an O-A visa after getting a 1 year extension?
1.6k1386y
What documents do I need to extend my Non-O visa based on marriage with an average income of 40,000 THB per month?
1.7k10196y
Can I apply for a retirement visa extension at Bueng Kan Immigration office with 800,000 Baht in my bank for 2 months?
1.5k1287y
Can I get a 6 month METV and extend it for 1 year after my Non-O visa expires?
33517y
What is the process for providing evidence of monthly income for visa extension in Thailand?
1.3k308y
What documents do I need for my first yearly extension by marriage in Thailand?
3868y
What are my options for extending my Non-Immigrant Visa Category “O” in Thailand if I don't qualify for a spouse visa?
871638y
Is it possible to stay in Thailand for 15 months with a Non-O Multiple Entry Visa and then obtain a one-year extension via a Re-Entry Permit?
1.4k1088y
Can I extend my marriage visa in Thailand for another 3 months without issues?
1.9k16119y
Resources
Need help with your Thai visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served