This is NOT an official government website. We are an independent resource providing information and assistance to travelers.

Is it advisable to keep funds in a Thai bank or use Wise for a DTV application in Manila or Jakarta?

Mar 28, 2025
3 days ago
Is it better to keep funds in a Thai bank or something like Wise for the DTV application? Specifically looking to apply in Manila or Jakarta
1,229
views
0
likes
22
all likes
12
replies
0
images
12
users
TLDR : Answer Summary
This discussion revolves around whether to maintain funds in a Thai bank or with Wise when applying for the DTV (Digital Nomad Visa) in Manila or Jakarta. Many comments highlight concerns that Wise, while usable for transactions, is not considered a traditional bank and may not provide acceptable statements for visa applications. Several users recommend using a Thai bank or any bank account in the applicant's name to ensure compliance with visa requirements. There are mixed experiences reported about using Wise statements for DTV applications, with some users experiencing denials based on the format of the statements.
DTV VISA RESOURCES / SERVICES
Joseph *********
Wise is a bank. you can print statements with transfers and balances. it works fine. It has a debit card.
Joseph *********
Wise
Thomas *******
I used a Wise statement when applying for the DTV. London Embassy.
Ian ********
Someone recently attended Chiang Mai immigration to extend their DTV. The extension was rejected due to Wise statements not being bank statements.
Dustyn **********
Never use Wise as a bank
Jeff *********
Just saw a post from someone who was denied because of Wise not being acceptable.
John **********
Wise is not a bank so best avoided
Garry ******
Any bank from any country that bears your name
Jackie ********
@Garry *****
thank you!
Bob **********
Any bank in your name don’t think WISE would work
Luit *****************
@Bob *********
Wise is not a bank, but some embassies accept, there are stories immigration in Thailand does not accept Wise for extension.

Personally I would not keep 500K THB for a long time on a Wise account.

Wise is great for transfering money, and also nice to exchange and keep some money for daily expenses, but I would not use it as a savings account.
Johnny ********
How about a bank account in your home country?