Answered2 years ago
Is a bank statement showing 500k THB in a savings account acceptable as proof for visa requirements in Thailand?
I have basic saving account which is more than 500k THB in my bank statement but it is not my bank card money since it is a saving account which makes money if you leave the money on it
Just wanted to confirm my intuition that this bank statement is fine as a proof of 500k THB?
Just wanted to confirm my intuition that this bank statement is fine as a proof of 500k THB?
Answer summary
The community discusses the acceptability of a bank statement showing over 500,000 THB in a savings account as proof of financial stability for visa requirements in Thailand. Key points include the importance of having immediate access to the funds, the distinction between savings and fixed term accounts, and the potential need to demonstrate access to the funds during the application process.
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Anonymous ******************
99% of my funds are in my savings (because of the interest earning). At the time of application it was still walk in and they asked me to show them that I could easily access the funds. So I just showed them on the app and transferred £1 in to my current account as a demo. Maybe make a similar transfer and send them both statements so they can see the transaction?
James *******
If it’s a GIC or locked up for a set term it probably won’t work. Needs to be savings or checking account
George *******
It doesn't say whether it has to be a current account or a savings account. All they want to see is that you have either 500k THB in a Thai bank account or equivalent in a foreign bank account.
Wannikea *********
If you have immediate access to the money even with a withdrawal penalty then it should qualify. A fixed term account without access might be rejected.
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