Answered7 years ago

How Can I Transfer Funds for My Retirement Visa Application in Thailand?

Retirement Visa Bank Transfers NON-O Visa

Aires ******************

asked Jan 10, 2020

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Good morning, I would like to ask about retirement visa, we are trying to apply for retirement visa, And needed 800k in the bank here, but our bank in US cannot transfer into Thai baht, do the immigration accept it if I pull out money and deposit in the bank here? Or there's easy way to do it? Thank you.

Answer summary

The user is inquiring about the retirement visa process in Thailand, specifically regarding the requirement of having 800,000 baht deposited in a Thai bank account. They are facing difficulties in transferring funds from their U.S. bank to Thailand and seek advice on whether withdrawing money and depositing it in Thailand would be acceptable for immigration purposes, as well as alternative methods to facilitate the transfer.

11 repliesnewest first

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Robert *******

To apply for the conversion into a Non immigrant O visa based on being over 50 years inside Thailand at the immigration Office you need the 800.000 Thb on a Thai bank account in your name and the money must be deposited from abroad.

Every international bank can use the Swift code method to transfer money to any international bank in other countries, how your special bank branche has to transfer the money is not a Thai Visa question. you have to talk to your bank about this, good luck.

7 years ago

Benjamin ******

Wait, let's back up... what is a "retirement visa"?

7 years ago

Tim *****

The part of your question that I think is important.. "do the immigration accept if I pull out money and deposit it here" please check if I am wrong but the origin of the 800k baht is not put to question. In my experience they are looking for 800k baht in your Thai bank account for a certain amount of time verified through letter from your bank.

7 years ago

Günter ********

TransferWise is good!!

7 years ago

Fabio *******************

If u have already a Thai bank account, can use trasferwise

7 years ago

Ray *********

I’ve had no problems transferring funds from Wells Fargo to Bangkok bank. Talk to the department at chase that does international wire transfers.

7 years ago

Aires ******************

@Ray ********

we called them twice and same answer they don't transfer Thai baht.

7 years ago

Benjamin ******

Do you have a bank account here in Thailand already? I'm surprised if a US bank can't wire money into a Thai bank account.

7 years ago

Aires ******************

Thank you so much for all your help...

7 years ago

James ********

Have Chase Bank wire the money to Bangkok Bank New York City...

Or use Transferwise and state reason for retirement in Thailand.

Suggest you ask your good question on the Facebook Transferwise Sokutions forum

They are most helpful.

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7 years ago

Aires ******************

@Benjamin *****

yes Bangkok bank, our bank in US is chase bank, we are surprised also.

7 years ago