Is it acceptable to use a Wise account as proof of funds for a DTV visa in Thailand?

With this discussion of Wise, what type of bank accounts can be used: checking, savings, investment, retirement, CD,…? Does it make a difference?

The financial experts are coming back ....Wise is ok same Revolut it online Bank

When downloading a bank statement for the monthly requirement, do they check the regular income? Asking because my statement will show many incoming and outgoings, so worried the regular income will get lost if they don't specifically look for it. This is for Non-O marriage by the way and I'm applying in Vientiane.

maybe, maybe not. It apparently depends on the embassy in question. WISE is not a real bank, they are just a finance provider. Which some Thai embassies might see as a reason for not acknowldeging it. Only the embassy through which you apply for the DTV, can give you a definite answer, and not any one of those blokes on Facebook

Bro, dont keep $15k in a wise account. Anything more than $100 is risky, they aren't a bank

A Wise account may be accepted for a Thai DTV visa, but it is not guaranteed, as acceptance is embassy-specific. Some embassies have successfully processed applications using Wise statements, while others have denied them because Wise is not a traditional bank.

You must provide an official statement (not a screenshot), and it is best to confirm the specific embassy's policy directly before applying.

Factors to consider

Embassy discretion: Each embassy or consulate has its own rules, so check with the specific one where you plan to apply.

Online vs. traditional bank: Wise is a financial technology service, not a traditional bank, which is the primary reason for potential rejection.

Official documentation: Ensure you provide a printed, official statement downloaded from the Wise website, not a screenshot from the app.

User experience: Anecdotal evidence shows success in locations like Hanoi and Athens, but also denials in other locations, especially with stricter embassies like the one in Malaysia.

Proof of funds: The requirement is to show at least 500,000 Thai baht in a bank account to cover a six-month stay.

Recommendation

Contact your embassy: The most reliable approach is to contact the specific Thai embassy or consulate where you intend to apply and ask if they accept Wise statements as proof of funds.

Consider alternatives: If your embassy does not accept Wise, you will need to use a traditional bank account that meets their requirements to show proof of funds.

it depends. Since WISE is not a "real" bank but just a service provider, it could be denied. Revolut is a real bank - in Lithuania (or Lettland, I don't exactly remember)

Yes, Wise, Revolut frequently used for approvals..