Yearly Transaction History Print Out for extensions
Let's see if we can't get to the bottom of the "yearly transaction detail" that is being requested by more and more immigration offices for people who use either banked money method OR monthly income method by international transfer when getting a yearly extension based on being over 50 (retirement)
At MANY banks nowadays when you go to update a passbook (especially if you have more than 21 days between updates) it will NOT print an entry for every transaction and instead ONLY print a summary (money in/money out) since the last update. That is NOT sufficient to meet the requirements for proof of funds. š And this is why immigration offices started asking for the year transaction history print out
Time Deposits are the exception to this because you can't touch the money and the updates are ONLY interest paid notations.
Remember for banked money method you need to have the 80)K funds IN the bank for 2 months before you apply, they need to stay in for 3 months after the extension is granted and then the balance can't go below 400K for the rest of the year. So it's the year transaction detail that shows this
Just like for monthly international transfers you need to have either updated your bank book EVERY month OR have the year transaction print out showing EACH international transfer for the previous 12 months.
There is only one office I am aware of where IF you're using banked money method they give you a paper telling you to come back in 3 months with an updated bank book to prove to them you kept the 800K baht in the bank and that's the one at Jomtien. All the rest of the offices look at the previous 12 months account history and balance to make sure you didn't drop below the required amount of funds
Most banks are getting dialed in that this is a requirement (SCB will print it when they issue the bank letter) BUT some banks have to order the year history and it takes 5 to 7 days SO order the transaction history, THEN on the date you go back to pick that up, get the bank letter printed so that it's valid when you go to apply
Also different offices have different lengths of time they will accept a bank letter (that simple 5 or 6 line one that states your name, account, balance and date). Bangkok will accept a bank letter up to 7 days after it's written, some offices require you to get the bank letter the day you apply for the extension (which means you aren't gonna go to the immigration office until the banks open and you can get that letter written)
Also as far as I know ALL offices require you to update your bank book on the date you apply.
Sorry this was long, hopefully it was marginally helpful
This is what that transaction history looks like. It is usually printed on paper that has those "dot-matrix" tear off tabs running down the side and they print ONE for each month one after another
TLDR : Answer Summary
In Thailand, to obtain a yearly extension based on retirement (NON-O visa), expats must provide a detailed yearly transaction history from their bank. This practice has become more stringent as immigration offices increasingly require comprehensive proof of funds. Under the banked money method, expats need to have 800,000 baht in their account for at least two months prior to application and maintain this balance for three months after the extension is granted. Moreover, the bank statements must show that the funds haven't dipped below the threshold for the previous twelve months. While some banks provide a summary statement, others may require ordering a detailed year transaction history, which can take several days. Different immigration offices may have varying rules on how recent the bank letter or statement should be, with many offices requiring updates on the date of application. Expats are advised to prepare well in advance and understand their specific bank's process to avoid complications.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
