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Answered3 years ago

Do I need to use a specific bank for the $800k requirement for the Thai retirement visa and can I earn interest?

Linhof *********
asked Feb 6, 2024
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For the $800k needed for the retirement visa, is there a certain bank that must be used? Any that are interest earning? THX
Answer summary
For the $800k required for the Thai retirement visa, you can use any Thai bank that allows instant access to your funds. However, most options may not offer significant interest rates, and fixed accounts could also meet the requirement.
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Franky **********
Franky **********
Fixed accounts can be used also.
Graham *******
Graham *******
use any bank and there is interest but not much.
Peter *******
Peter *******
Baht not $
Graham ******
Graham ******
Graham ******
Graham ******
Any Thai bank account that allows instant access to the funds which rules out any accounts that might offer a bit of reasonable interest.

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