*update* My bank has opened the account for me and I can freely transfer the funds in and out online. I will transfer the funds once Ive entered Thailand in a few days. Thank you for everyone's input.
Hello fellow DTV holders,
I am a Canadian currently in Canada visiting back home. My bank has informed me that I can place my funds in a high interest savings account where I can get a 4 or 5% interest rate. This account will be accessible online and I can transfer funds immediately to my regular checking and saving accounts in the event I need the funds right away. However I do not have access to this account with my debit card.
Question, if I transfer my funds to the high interest savings account will Thai immigration accept this like my regular account in the event I am asked to show proof of funds?
For obvious reasons getting a 4-5% rate on my 500,000 baht equivalent would be preferable but what I want is not what Thai immigration wants and fairly so.
Any feedback would be greatly appreciated.
TIA 🙏
TLDR : Answer Summary
The user, a Canadian expat, is inquiring whether Thai immigration will accept funds from a high interest savings account as valid proof of funds for their DTV visa. They mention having access to the savings account online but not via debit card. The community responds with varied experiences, suggesting that immediate accessibility of funds is key and recommending checking with the Canadian consulate for clarity. Some users share their success with similar accounts, emphasizing the importance of having statements and considering strategic fund transfers around the time of visa renewal.
DTV VISA RESOURCES / SERVICES