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Answered7 years ago

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

Bo ******
asked Nov 29, 2019
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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?
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.
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James ********
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.
Geert ***************
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.
Al *******
Al *******
Please let us know what you find out.
Bo ******
Bo ******
OP
Will do...
Gregory *******
Gregory *******
Last time I checked it was not possible.
Robert *******
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.
Brian *******
Brian *******
told it had to be thai baht from a overseas account
Bo ******
Bo ******
OP
Thanks. Will check with local immigratio.
Bo ******
Bo ******
OP
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.
Bo ******
Bo ******
OP
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.
Bo ******
Bo ******
OP
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.
Curtis ********
Curtis ********
@Bo *****
which thai bank will give you a usd account?
Robert *******
Robert *******
it is possible, but I would check with your local Immigration Office to be sure before you start the process.

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