How can I prove my international money transfers for a retirement visa extension in Thailand?

Aug 18, 2019
5 years ago
Steve ********
ORIGINAL POSTER
I need to further extend my visa, for the purposes of retirement, using the income method. I have been transferring the required amount for 12 months, apart from being around a thousand baht short in September & October last year, before I saw the writing on the wall and before the rules changed, but I'll have to live with that and hope for some leniency. However, I am having trouble getting Kasikorn Bank to evidence international transfers that have been routed through another bank and do not obviously appear on my statement as such.

On my official bank statement it gives the codes at TFN05027 (which is an international transfer), MCL07206, MCL07416 & MCL00001. I have no idea what these mean and my local Kasikorn branch at Market Village, Hua Hin say they can't evidence them as international transfers.

I spoke to some central office on the telephone whilst in the branch and they said I would have to go to the Kasikorn International Trade Centre in Ratchaburi, in person and they might be able to help. The emphasis being on the word 'might'.

I am using Transferwise and have copies of the receipts, which clearly show the transfers as being from overseas. The dates correspond with my official bank statement and they have given me a letter, but they will not issue a letter specifically listing the transfers as being sourced internationally.

I might give it a run at Hua Hin immigration tomorrow and see how it goes. If that fails I'll have to think of another way. I am loath to pay some blood sucking agent, I have never had to do so before and am perfectly able and happy to transfer 65000+ per month.

Any ideas on how I might otherwise evidence the transfers as being from overseas, without having to drive to Ratchaburi on the off chance?
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TLDR : Answer Summary
The user is seeking advice on how to provide evidence of international money transfers to extend their retirement visa in Thailand. They have been transferring the necessary funds for over a year but faced issues with their bank, Kasikorn, which cannot confirm some transfers as international. They have receipts from Transferwise, but they lack a specific letter confirming the funds' origin. The user is looking for alternate ways to document these transfers without incurring extra fees or requiring a trip to Ratchaburi.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Robert *******
The data on Transferwise is showing that the money comes from outside, the Kasikorn Bank is not providing a letter that the money come in from abroad as the money came in from another bank in Thailand used by Transfer wise to lower the costs of transfer. And you ask for any ideas how to get proof of International money transfers from your bank. I read your question several times and i even shortlisted the problems, as using Transferwise might be cheap it end up in many cases with this problem. Banks in Thailand do on request of transferwise national transfers and those are not mentioned International. Next to this it also depends on your nation bank regulations and as this all has not much to do with Thai Visa advice the topic got closed. Please follow the group rules if you do not like this decision, start complaining in a new post again, it will just end up in a removal off all the posts. I gave you the link where you get the answers to all your questions. Good luck.
Robert *******
As Dianna already mention. Transfer money into Thailand is not visa related enough to keep these topics open for endless discussions. As you mention Transfer wise this group is specifically made for this problem
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Marty *********
Kasikorn once told me they could do this but that it would cost a couple of hundred baht and take two weeks. That was six months ago when I asked this and it may depend on your branch. I think it is called a credit advice . Good luck.
Steve ********
ORIGINAL POSTER
Yes, they told me that as well a few weeks ago, then on Friday they couldn't.
Dianne *****
If your post gets closed down for not being visa related join the Transferwise solutions group on facebook
James *******
@Dianne ****
That’s handy to know, just sent a request 👍
Steve ********
ORIGINAL POSTER
@Dianne ****
Thanks, I'll look there as well. I'd say it was visa related, because I'm trying to get an extension.
Dianne *****
Many people will be interested in your experience and the outcome of your visit to immigration
Dianne *****
And re-post your question there
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