Hello everyone,
I’m currently working on building my 500,000 baht balance on my account. I expect to have it before my application, but the 500,000 balance will only be there for a few weeks, probably before my application. I’ll be applying at the Vienna embassy. Do you have any experience with this?
I can provide six months of statements, and they’ll see my monthly income from my employer. It’ll be the same company that will provide a letter for “remote work approval” and a contract as well.
So, what do you think? Is it more important to have a 500,000 baht balance for three months straight, or is it okay to have an end balance of 500,000 baht gained over six months?
Another thing is, I have two accounts in the same bank. One is my personal account, and the other is my business account. I always have money in my business account and then move about 70% of that paycheck to my personal account. I do this because I pay my insurance and taxes from my business account and other expenses from my personal account.
When I show my statements, there will be a difference in the numbers on those accounts. Should I show them with some graphic that highlights those moments on my accounts or add some text in the PDF to explain everything?
Lastly, should I provide every bank statement in English? Has anyone used Google Image Translation for this?
Thank you for your responses.
TLDR : Answer Summary
The user is trying to understand the financial requirements for a Thai visa application, particularly regarding maintaining a balance of 500,000 baht. They are concerned whether it's acceptable to show a temporary balance that has just been reached before application, or if they need to demonstrate stability with the balance maintained over three months. They also inquire about the necessity of providing bank statements from two different accounts, one personal and one business, and whether translations are needed for the documents.