Answereda year ago
Will having funds in a Fidelity Cash Management account cause issues when applying for a Thai DTV visa?
I have my 500k+ in the Fidelity Cash Management (Individual) account. It works just like a checking account (has debit card, bank statements, etc) but is technically in money market fund earning interest. Will I have any issues when applying for the DTV?
Answer summary
The discussion revolves around the use of a Fidelity Cash Management account, which functions like a checking account but is a money market fund, for meeting the financial requirements of the Thai DTV visa. Some commenters noted that while a few U.S. embassies accept such accounts, most require conventional personal bank accounts. It's essential to strictly comply with the visa requirements to avoid costly rejections.
17 repliesnewest first
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Henrik *****
Fullfill the requirements as they are, or don’t apply.
You loose 10.000+ baht everytime you get rejected.
You loose 10.000+ baht everytime you get rejected.
Michael ******
OP@Henrik ****
Of course....what was the point of posting this? lolHenrik *****
You asked a unnecessary question.
You didn’t bother to read and understand the most basic requirements at the Thai Embassy website.
You didn’t bother to read and understand the most basic requirements at the Thai Embassy website.
Jef ********
Micheal, don’t worry about him, he is like the old uncle who doesn’t really know much about anything that always has to speak.
He thinks he is the DTV police 👮♀️
He thinks he is the DTV police 👮♀️
Michael ******
OP@Henrik ****
No I asked a necessary question for my application, you posted an unnecessary and completely irrelevant statement.Andi ***********
If you are applying from America there are a few embassies that accept such an account. The vast majority worldwide require funds in a personal bank account.
Michael ******
OPDo you know which US embassies will accept it?
Michael ******
OPYeah I know, thats why the US embassies are a last resort.
Andi ***********
@Michael *****
Chicago, NYC, Washington and someone recently posted LA approved them with a MMF.
DTV_Be*******
@Michael *****
However, you do know you need to be in their physical jurisdiction to apply via one of the US embassies/consulates. You can’t just apply via them while in Asia. Also, they tend to take longer and some like LA are known to request tax formsMichael ******
OP@Andi **********
Thanks!Michael ******
OPAre there any embassies in Asia that will accept a Fidelity Cash Management account statement?
Andi ***********
@Michael *****
No, all personal accounts..Andi ***********
@Michael *****
The statements say MMF or just Cash Management A/c? You applying for Workcation or Soft power? Vietnam is very popular, The Philippines Embassy is very friendly, i almost went there to get my DTV. Very responsive to emails. If your statements do not detail MMF you should be fine, .Michael ******
OP@Andi **********
Yes it is a personal account with my name/address. Its in a MMF earning yield but has a debit card which I use to pay my bills from so yes funds are immediately available and treated as liquid cash. Do you think I would be taking a big risk by applying for the DTV with this in Vietnam or PH?Andi ***********
@Michael *****
If it just details as a personal account, you should be ok, You mentioned it is in a MMF but i see It is the cash management account with debit card. So you have immediate access to funds which is a requirement, so you should be fine.Michael ******
OP@Andi **********
It is a personal accountActivity
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