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Answereda year ago

Do I need to convert my funds to Thai baht for a DTV application?

Daniel **********
asked May 15, 2025
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Hey all 👋.

Quick question.

To apply for the DTV, do the funds in my bank account need to be converted to Thai baht first, or can I keep in the equivalent Canadian dollors
Answer summary
When applying for the DTV (Digital Nomad Visa), it is not necessary to convert your funds to Thai baht. You can keep the funds in your bank account in Canadian dollars. However, ensure that your bank account is a standard checking or savings account in your name only, and not an investment account.
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Christopher ********
Christopher ********
Just make sure the account is not in anyway an investment account, simple checking or savings in your name only.
Brandon ************
Brandon ************
It doesn't need to be in baht
Daniel **********
Daniel **********
OP
@Brandon ***********
excellent, that makes things easier. Thanks
Tony **********
Tony **********
@Daniel *********
curious, how does that matter things easier? Do you have a multi-currency account?
Daniel **********
Daniel **********
OP
@Tony *********
ah I see. Yes I'm not in Thailand yet. Aiming to be there for the new year or maybe earlier
Tony **********
Tony **********
@Daniel *********
Thought.you were taking about Thai bank, hence my confusion. Of course you can use Canadian funds for evisa ...
Daniel **********
Daniel **********
OP
@Tony *********
It means I don't need to exchange my Canadian dollar into Thai baht before I apply for the DTV..... hence saving me one step. Not sure why that's a hard concept for you to understand
Tony **********
Tony **********
@Daniel *********
don't understand how that saves any steps. Can you explain?
Daniel **********
Daniel **********
OP
@Tony *********
just one less step to take

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