Answered2 years ago
Does a time deposit account count as a liquid asset for Thai visa applications?
💰 Time Deposit as Liquid Asset for Visa Applications? 💰
Hey everyone! Based on your experience, does a time deposit account count as a liquid asset for visa applications? 🤔💳
Hey everyone! Based on your experience, does a time deposit account count as a liquid asset for visa applications? 🤔💳
Answer summary
Inquiries about whether a time deposit account can be considered a liquid asset for visa applications have highlighted that only accounts with immediate access to funds are recognized. Deposits that are fixed and inaccessible do not qualify, even if penalties apply to early withdrawals.
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Wannikea *********
Only an account where the money can be immediately available will qualify, even if a withdrawal incurs a penalty. Inaccessible fixed term deposits where the money cannot be touched won't qualify.
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