Is it acceptable to have 500,000 Baht in a savings account for visa requirements in Thailand?

The discussion revolves around whether holding the equivalent of 500,000 Baht in various savings accounts meets the visa requirements in Thailand. Most commenters affirm that it is acceptable as long as the account is accessible, highlighting that different banks and account types (such as high-yield savings accounts) have been approved. However, it's also noted that certain financial institutions, like non-banks, may not be accepted.