So i am curious, if an agent is used, and they supply the funds required how are they able to access your bank account to deposit and withdraw funds? Are they a signitory to your account, is your iwn money safe? Also what address is used for the bank account? Can you use your own address or is it the agents address? Still a while off for me and i will depomy own funds but curious how it works???
TLDR : Answer Summary
The discussion revolves around the process of using an agent to manage the necessary funds (typically 800,000 baht) in a Thai bank account for visa purposes. Questions raised include how agents access bank accounts, the safety of personal funds, and the address used for the bank account. Key points include: Agents often accompany clients to the bank to facilitate deposits and withdrawals, but access should be limited to a setup where the client's money is not at risk. Many suggest opening a separate account for personal use to avoid complications, and it's noted that clients retain ownership of the account, although agents manage transactions temporarily. Clients can use their own address for the account, but some participants caution against giving agents too much access to their personal information.