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Answered6 years ago

Is it feasible to open a secondary bank account in Thailand for visa financial requirements?

Wayne *******
asked Mar 23, 2021
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I am on retirement visa (over 60) and have been here 5 years. Thinking of changing to marriage visa (been married 3 years) which is a simple process and I understand the difference in the 800k and 400k. I am with Krungthai currently.

Is it feasible to open a "secondary" bank account either with Krungthai or even another Bank and deposit 400k in it and just leave it there permanently for the purpose of IO financials every year even though there would be no "in or out" activity on that account ?
Answer summary
The question asks if it's feasible to open a secondary bank account with Krungthai or another bank in Thailand to deposit 400,000 baht for annual immigration financial requirements, even if there are no transactions in that account. Comments suggest that account activity is not relevant for visa financials, but one user inquires about the difficulties faced in opening a second account.
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Wayne *******
Wayne *******
OP
Further to my posted (opening) question, has anyone had difficulty opening a second bank account ?
Tod *********
Tod *********
@Wayne ******
that is between you and what ever bank you're trying to open the account at. Sorry, it's just not a thai VISA question. Post it on a f/b group related to where you live in thailand and ask
Marty *********
Marty *********
I don’t even have a secondary account. I just keep a minimum balance of 800,000 and transfer monthly expenses on top of that.
Ernesto ********
Ernesto ********
Chays William Brown I think most saving accounts pay very little to no interest yet I keep money in there for peace of mind.
Ernesto ********
Ernesto ********
Chays William Brown does your bank account earn interest ?
Ernesto ********
Ernesto ********
Chays William Brown it was a genuine answer
Ernesto ********
Ernesto ********
Chays William Brown earns piece of mind
Wayne *******
Wayne *******
OP
@Marty ********
thank you
Tod *********
Tod *********
doesn't matter in the least if there's activity on the account or not. That's a personal decision.
Wayne *******
Wayne *******
OP
@Tod ********
thank you.

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