I’m a bit confused as far as what type of accounts the “liquid” assets need to be in. Most of my money is an Individual brokerage account with Schwab which I can easily access and transfer from same day as long as it’s not a weekend. Do I need to make sure I have the 500k in a checking or savings account with my bank instead or should this be fine?
TLDR : Answer Summary
The discussion clarifies that for visa applications in Thailand, the required liquid assets should be in a checking or savings account, not in a brokerage account. Community members emphasize that the funds must be easily accessible in Thailand, which is why traditional bank accounts are preferred. Additionally, it is suggested to transfer the funds into a savings or checking account as soon as possible and maintain the balance there for a sufficient duration to demonstrate stability.