Answered2 years ago

What are the requirements for transferring 65,000 baht monthly into my Thai bank account for the visa application?

visa requirements international money transfer Thailand expat finance Wise banking in Thailand

John *********

asked Apr 9, 2025

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Are there specific requirements for the 65,000 transfer into my account each month for the next 12 months? I probably will use Wise from my USA account. Do I remember reading something about how it has to be labeled?

Answer summary

When using the monthly income method for a Thai visa, you must ensure that 65,000 baht is transferred into your Thai bank account each month for 12 consecutive months. These transfers must originate from abroad and should clearly indicate as international transfers. It's recommended to label the purpose of the transfer as "Funds for long term stay in Thailand" when using services like Wise.

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Ellie *******

Thank you all. This post is not gonna be a "how to transfer internationally" post.

@John ********

, if you still have a question directly related to the original post, please contact one of the moderators to reopen it. or make a new post.

2 years ago

Michel *****

In Wise use "Funds for long term stay in Thailand" as the reason for the transfer. The code on the Thai bank side depends on the bank: Kasikorn labels it as FT (foreign transfer), no idea about the other banks.

2 years ago

Peter ****************

@Steve ********

This I see on my Bangkok bank statement using "funds for long stay in Thailand" with Wise.

2 years ago

Peter ****************

@Michel ****

Yep. Bangkok bank Immediately states it as 'international transfer'. Also I don't know for other banks.

2 years ago

Steve *********

@Peter ***************

I have noticed that with BKK Bank if you transfer a Baht amount from overseas it codes as Bahtnet but if you transfer a specified amount of foreign currency it codes as Foreign TT. FYI

2 years ago

Tod *********

To use monthly income method by transfer the requirement is you tranfer into a thai bank account in your name only from abroad a minimum of 65K baht a month, each month, every month, for the previous 12 months

You can have multiple transfers per month as long as the total is at least 65K baht. You can't miss a month and double up the next month 😕

All the transfers need to "code" as international origin. Doesn't matter what you use to move the money here, it's your responsibility to make sure those deposits code as overseas transfers.

2 years ago

Jeffrey *******

@Tod ********

can folks from USA use this method now? I thought the US embassy stopped doing this type of paperwork associated with this method.

2 years ago

Bob **********

@Jeffrey ******

this is what you have to do because there’s no more income verification 65k+ a month showing as a foreign transfer code FTT

2 years ago

Tod *********

@Jeffrey ******

it's the ONLY way people from countries whose embassies don't issue income affidavits can use "monthly income method" for proof of funds for extensions here

you have to transfer in the minimum required from overseas for 12 months before you apply for the extension <- this means you cannot use it for the first year extension only the second onward

2 years ago

Tod *********

@Barry ******

nope any date, multiple transfers per month as long as it hits the minimum required and it's each month, every month for the previous 12 months and all the transfers code as international you're fine.

2 years ago

Barry *******

@Tod ********

Does it have to be the same date each month or close to it ? . Or would a transfer on the 30th and the 2nd of the following month be Ok for 2 months ? Never seen this answered anywhere

2 years ago