Is it Possible to Use a USD Account to Meet the 800,000 THB Requirement in Thailand?

Visa Requirements 800,000 THB Method Bank Account

Nov 29, 2019

5 years ago

ORIGINAL POSTER

Since my consulate stopped with the income statement notarizations, I have used the monthly income method of 65,000THB+. I would like to move to the 800,000THB method, but don’t like the current exchange rates. Is it possible to open a USD account for around 27,000USD and use it to meet the 800,000THB requirement?

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TLDR : Answer Summary

A user inquired about using a USD account to meet the 800,000 THB financial requirement for a visa in Thailand given the challenges with exchange rates. Community responses confirmed that it is possible to open a USD account and use it to meet the requirement, but users advised checking with the local Immigration Office for confirmation, as practices may vary by location.

James ********

Good Luck Bo ..the answer is at your local Thai Immigration office. With 70+ immigration offices in Thailand...not all may say OK. Ask yours first!

Commenting closed.

5 years ago

Geert ***************

Just did it in Ranong.

Immigration accepts if your Bankletter also states the amount in Baht.

Bangkok Bank Impossible after 1 month trying to fulfill new demands...

Krungthai Bank did it in 1 hour.

5 years ago

Al *******

Please let us know what you find out.

5 years ago

Bo ******

ORIGINAL POSTER

Will do...

5 years ago

Reply to

Bo ******

Gregory *******

Last time I checked it was not possible.

5 years ago

Robert *******

Yes it is possible to open a USD account for around 27,000USD and use it to meet the 800,000THB requirement?

Advice is to check with your local Immigration Office if they also think it is possible.

5 years ago

Brian *******

told it had to be thai baht from a overseas account

5 years ago

Bo ******

ORIGINAL POSTER

Thanks. Will check with local immigratio.

5 years ago

Reply to

Bo ******

ORIGINAL POSTER

I am ok with the money in a Thai bank, but am speaking about a USD account with my local Thai bank which they would give me.

5 years ago

Bo ******

ORIGINAL POSTER

A big issue with the 800,000THB in an account is that Bangkok Bank told me they have no provisions for beneficiaries should there be death. Thus, you would need a Thai will. Joint account would not work because I think that the 800,000THB would be only 400,000THB for retirement extension purposes.

5 years ago

Bo ******

ORIGINAL POSTER

Bangkok Bank, but because of where I live, they may not have the necessary USD if I want to withdraw in USD. I would need to go to a major city for that. They would let me convert any USD withdrawal to THB locally.

5 years ago

Curtis ********

@Bo *****

which thai bank will give you a usd account?

5 years ago

Reply to

Curtis ********

Robert *******

it is possible, but I would check with your local Immigration Office to be sure before you start the process.

5 years ago

Reply to

Robert *******