How can I switch from the banked money method to the monthly income method for my retirement extension in Thailand?

Switching from banked money method to monthly income method on 'retirement' extensions

This gets asked a LOT so I thought I'd take a minute and go over

Let's supposed you are currently on a yearly extension of stay based on 'retirement' using banked money method <- that you got on your own by banking your own funds :)

AND

You want to switch over to monthly income method as proof of funds, but you come from a country whose embassy no longer issues the affidavit of income from abroad notary letter (US/UK, Australia and many others)

What you need to do is;

You have to continue to meet the seasoning requirements for the current yearly extension you're on using banked money method <- keep the 800K baht in the bank account for 3 months after your extension was granted and then you can't let the balance go below 400k baht the rest of the year

AND

While doing that you also need to transfer in to a thai bank account in your name only a minimum of 65K baht per month, each month, every month for the previous 12 months before you apply for the NEXT yearly extension..

You need to follow the rules for the extension you're currently on where you used banked money method and the one you will be applying for in a year using monthly income method.

It is not brain science or rocket surgery, you need to realize you have to meet both sets of requirements..

couple more things, just so everyone is clear,

If you come from a country whose embassy here doesn't issue the income affidavit notary letter you cannot use monthly income method to get either the initial 90 day Non-O visa from the immigration office here or the first yearly extension from a Non-O visa <- because you need 12 months of incoming overseas transfers to use monthly income method by transfer..

Hope that was clear enough, if you have questions ask away on this thread (y)