@Brandon ***********
Well, you're not wrong. I certainly don't totally understand the agent route.
So the agent does NOT front you the money for ANY period of time then, correct ? They just "arrange" for,,,,,,,,,,, the 1-year permission (stamp ?).
So then what happens if Immigration, for whatever reason, "audits" the foreigner and finds out that not only did he NOT have the 800 K in the bank for 2 months PRIOR to getting the permission, but s/he also did not KEEP it there for at least 3 months after, and obviously didn't keep at least 400K in the bank throughout the first year ? Not to mention the last 2 months again before renewing.
You seem to be suggesting that if the agent does this for someone, there is no accountability to anyone anywhere going forward.
And yes, I do remember hearing about being on the agent "hamster wheel" forever using the agent unless one leaves Thailand and starts over.