This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
deposit rules
Showing 2 questions
This page displays all the results for the Deposit Rules tag, sorted by the most recent activity. There are a total of 2 questions that have been tagged with Deposit Rules. Explore the questions to find discussions and information relevant to this topic.
When planning to open a bank account with 800,000 baht, does it need to be all cash or can we do a wire transfer from another bank outside of Thailand?
I’m thinking of opening a separate Kasikorn bank account to protect and preserve the ฿800,000 THB required to renew my OA (Retirement) visa obtained from the DC Embassy.
My options (I believe) are a savings account, which doesn’t pay interest, and a 3, 6 or 12 month money market account which will pay up to 0.45%.
Are there any requirements with regard to the type of account, or can I just put ฿805,000 THB in a 12 month money market account and forget about it?
I remember reading some immigration officers claimed to want to see you use the account for daily expenses.
The ask:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.