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What are the requirements for a retirement visa extension in Chiang Mai regarding bank statements?

Retirement VisaBank StatementsImmigration Requirements
Feb 5, 2020
5 years ago
Mike ***********
ORIGINAL POSTER
Went to CM immigration today for retirement extension with the letter from the bank that they issued only to find, after queuing for one hour, that they wanted a statement from the bank of transactions. The bank book and photocopies were not sufficient- they were last year (There was of course no advice posted outside immigration saying this.) Back to Bankgkok bank in Bo Sang ,they would you believe, cannot simply print a copy off, they have to apply to head office in Bangkok. That will take until next Wednesday 12th. Here's the rub, CM immigration expect the bank information to be very recent, when I get it it will be over one week old. Now if immigration say it's too old and Bangkok Bank can't print one that's catch 22 . I've had the money in the bank for 5 years!!!!!!!!
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TLDR : Answer Summary
A user faced challenges at Chiang Mai immigration while applying for a retirement visa extension. After queuing for an hour, they were informed that a recently updated bank statement was required, not just a bank letter or older documents. The user had to wait for the bank to provide a statement, which would be over a week old by the time they received it, raising concerns about immigration's acceptance of it. Community members discussed differing requirements based on the specific immigration office, suggesting that the need for a year-long history might not align with regulations. Ultimately, the user was able to obtain a six-month statement that was accepted for the extension, highlighting inconsistencies and confusion in the process.
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Tod *********
Congrats glad it finally worked out (y)
5 years ago
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Ian *******
I am far from being an exsport on retirement visa's as I am not at this stage. But could you say Deposit 100 Baht into your BKB Bank account get your passbook updated with the new amount witch will be dated then the next day go to imagration 🤔
5 years ago
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Ellie *******
@Ian ******
 At some immigration offices you need to do like that to show the record dated on that day - many passbook only shows balance as of last money move.
5 years ago
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Mike ***********
ORIGINAL POSTER
Just update your pass book, no need to deposit money, that's what I did. The problem is that if IM want 1 year of passbook information in a statement from the bank, it takes BKK one week to process it, (only 6 months can be done locally), it is then too old. It would need that statement (200 Baht) then another dated the day you go to immigration or the day before (100 baht) if both are required. In my case the 2 day old 6 month statement and a copy of the recent update was accepted. Whether this will work in offices other than CM I don't know.
5 years ago
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Mike ***********
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Mike ***********
ORIGINAL POSTER
Got my extension today. A six month statement from Bangkok Bank was accepted, it was two days out of date and they wanted a copy of the updated pass book( one day out of date). The bank statement is required, a copy of the bank book for the last year is not sufficient. It was Bangkok Bank who got it wrong, saying I needed a 1 year statement and it would take one week. That would certainly not be accepted as it would be too out of date. IM did not check to see if he money had stayed in my account after last years extension, they were only interested in this year and I guess this years 'seasoning' and I think 3 months would be OK Anyway, after spending 6 hours in Immigration today I'm having a beer! 😀
5 years ago
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Chris ****************
@Mike **********
 Congrats
5 years ago
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Chris ****************
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James ********
@Mike **********
 I have reopened for commenting 😉
5 years ago
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Tod *********
and we are done.
@Mi**
, message me or a member of the admin/moderating team when you get an update on the resolution of this and I'll open the topic back up..
5 years ago
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Stephen ********
whats a statement of trans actions, is that proof the money came from outside the country, other wise wouldnt that all be in the bankbook when its updated
5 years ago
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Tod *********
@Mike **********
 can you update us on what happens when you go back to the immigration office?

If for some reason this thread gets closed (because it runs off the rails or something) message anyone on the moderating team and we'll open it so you can give an update. It will be useful to know how this gets resolved.
5 years ago
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Dan ******
Lump sum documentation and 12 month proof of deposits are two different situations.I recently went "round & round" with BKK BNK regarding this. I was told by my local office that the 12 month summary had to be obtained from the head office in BKK & took 5 days, cost 200 bht. It is referred to as "Credit Advice". That's the short version of the story. More details can be posted, if anyone is interested.
5 years ago
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Mike ***********
ORIGINAL POSTER
Yes, that is what I was told, I've cancelled that, will go to CM immigration tomorrow and if I still can't get an extension with the 6 month letter ( the most they can do locally) and have to wait 1 week, I'll have to ask immigration, if I have to wait one week how can I get one that is only one day old? What was the outcome?
5 years ago
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Mike ***********
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Tod *********
@Mike **********
 I think I see what they are doing.

BECAUSE the seasoning requirements changed for banked money last year (where you need the 800K baht in the account 2 months before you apply for the extension AND you need to keep the 800K baht in the account for 3 months AFTER you were granted an extension AND you need to not let the balance drop below 400K baht the whole rest of the year they are wanting a year's transaction history to show that you met the seasoning requirements for this extension.

SORRY edited to show CM not CW :O
5 years ago
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Marty *********
@Tod ********
 Tod - so the question is does CW require a year of statements produced the same day? Obviously an impossibility with his bank.
5 years ago
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Benjamin ******
CM is Chang Mai, and Chaengwattana is in Bangkok, correct?
5 years ago
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Benjamin ******
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Marty *********
It’s not clear exactly what you are doing

The bank letter states that you have an account at that bank and the balance at the time of the letter. Depending on the immigration office that may have to be same day but it shouldn’t be more than an hour at your bank.

If you are using the 800,000k method you should only need 3 months of bank statements but maybe CM wants more.

If you are using the monthly income method then they will definitely want a years worth of statements and that may take a week at your bank.

Finally they may want to see a same day transaction in your bank book
5 years ago
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Mike ***********
ORIGINAL POSTER
Now not clear at all! The bank thinks I need 1year, but if it's deposit it only needs to be there for 3 months. I can get 6 months printed off off locally, I have that and will try again tomorrow. The only issue might be proving that in this last year I kept the money in the bank for the ? months after the extension. We'll see if the bank book will suffice.
5 years ago
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Ron *******
I'm not sure if any bank here can do a 12 months printout. Only 6 months unless your prepared to wait.
5 years ago
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Mike ***********
ORIGINAL POSTER
I can't get the one year transaction statment from Bangkok bank the same day or even the day before, it takes 4 working days by which time it is out of date. If you read my post you will see I've had the 800,000 in the bank for 5 years!
5 years ago
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Ed ********
If its been in for 5 years no transactions would have changed Its just Chiang Immigration Nit Picking
5 years ago
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Ed ********
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Ed ********
Another good reason from Bangkok Immigration to come visit Chiang Mai Immigration I believe this is not in the regulations If they are going to change in Chiang Mai They need to give advance notice
5 years ago
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Ken *********
You can update your bankbook on one day. It will show all historical transaction. I did that. But IO also wanted to see a signed printout of formal letter from bank, with bank stamp. I used SCB and had no problems. But, I'm not in CM.
5 years ago
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Ken *********
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Wayne **********
Transactions of your monthly transfers???? Why is that needed if you have the required 800K in the bank for 5 years? Maybe a trip back to IMM and ask to speak to a senior officer??? your interview officer maybe confusing your qualification of finance needing regular monthly transfers which are not required if you have the whole 800K sitting getting old in an account.....
5 years ago
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Mike ***********
ORIGINAL POSTER
That's precisely the problem Bangkok bank, cannot produce one!
5 years ago
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Rob ********
get pre approval from HQ, so local branch can print, the day you go to Immigration?
5 years ago
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Rob ********
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