Answereda year ago
How are exchange rates handled when applying for a Thai DTV visa with bank account funds?
How are exchange rates dealt with usually? If I transfer the equivalent of 500k THB in another currency to a bank account and the currency depreciates against the THB over the next 3 months until I will apply for the DTV will they use the exchange rate at the time of application for every historic month or will they use the exchange rate for each month so I have a chance to top up the account to cover for currency fluctuations during these 3 months?
Alternatively do they allow using bank statements from several banks for the application so I can add a statement from another bank as well if needed to get up to 500k THB?
Alternatively do they allow using bank statements from several banks for the application so I can add a statement from another bank as well if needed to get up to 500k THB?
Answer summary
When applying for a Thai DTV visa, the exchange rate used will be the one at the time of application rather than an average over the past months. It's advisable to transfer slightly more than the required 500,000 THB to account for possible currency fluctuations. Additionally, applicants may use bank statements from different banks to meet the financial requirement.
4 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Biff *******
That’s why some embassies choose an amount in the currency of the country they’re in so as to avoid exchange rate fluctuations.
Excelle********
Add 10%. Never do exactly 500,000 at time of exchange due to currency fluctuations. The baht should not get much stronger over next 3 months. Depends on the other currency too.
Anonymous *************
OPExcellentTravel I did add 10% so hoping it is enough margin. Do you know if it’s possible to combine two bank statements to get to 500k baht?
Anonymous ******************
It's the exchange rate at the time of the application.
Activity
4 joined4
people
Related
25Can I apply for a Thai DTV visa while living in Colombia?
6185714d
Can the 500k THB for a Thai DTV be kept in a standard currency account instead of a specific savings account?
9908112mo
Why is a non-O retirement visa more effective when obtained inside Thailand compared to outside?
17.3k1302462mo
Can extra deposits in a Thai bank account affect income verification for a retirement visa?
904862mo
Will having funds in a different bank account affect my application for the DTV workation visa in Thailand?
2.1k635mo
What are the steps to retire in Thailand and obtain a retirement visa?
5.1k38675mo
What are the implications of a pending approval status for a Thailand DTV visa application after fluctuating financials?
38128mo
What are the requirements for retiring in Thailand and can I save money in a Thai bank before applying for a retirement visa?
5.7k131508mo
How can I transition from a 3-month retirement visa to a 12-month visa in Thailand?
731639mo
What are the requirements and recommendations for applying for the Thai DTV visa from the Los Angeles embassy?
1.9k151410mo
What is the required bank account balance for applying for a DTV visa in Thailand for a family of four?
653221y
What are the time limits for funds in an account for the DTV application in Thailand?
404211y
How should I apply for a Non-O retirement visa from Australia, online or through an agent in Thailand?
4.2k35401y
Do both spouses need to have $15,000 USD for the DTV application in Thailand?
73641y
What is the process for applying for a retirement visa in Thailand from Australia?
1.9k12192y
Should I use my main bank account or a less active one for my DTV application?
49112y
Can I and my partner apply for a DTV visa with only my bank account in Thailand?
1.1k592y
Can I apply for a Thai DTV visa from a country other than my home country?
1.5k762y
Do I need to cancel my METV to apply for the DTV visa in Thailand?
839342y
Does the Thai consulate in Savannakhet still issue a 1-year multiple entry visa for spouses of Thai nationals?
2.9k21253y
Can I apply for a 50+ retirement visa while on a tourist visa in Thailand?
12.1k981393y
Can you apply for a non-O marriage visa within Thailand after entering on a visa exempt stamp?
1.3k1044y
Can I apply for a retirement 'O' visa at age 55 if I'm leaving Thailand at the end of June?
1.4k1174y
What are the steps to retire in Thailand regarding visa application and return tickets?
2.3k18174y
Can I use funds from two accounts totaling 800,000 baht for a retirement visa extension in Thailand?
2k6386y
Resources
Need help with your DTV visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served