Banking question. I cannot get an answer from immigration:

I am fine putting ฿800,000 in a bank account . But I want to get decent interest. The bank tells me I can get a decent 2.4% interest in a fixed account. However, that money cannot be accessed by ATM or the banking app for things like making payments.

I don’t want to put the 800,000 into their savings book account because it only gets 0.25% .

Also, I want to have my deposit every month over the next 12 months so I can in one year get my 800,000 back

Question: can I have two accounts? One with a bank that is a fixed account that I put the 800,000 in and I do not touch for the year and I get 2.4%.

A regular savings account where I would deposit my 65,000 bought every month so in 12 months I can show that I have the pension and I can get my 800,000 back

Will that be allowed? Same bank just two different accounts. The savings account that I deposit my pension into I could then use for paying bills, etc., and withdrawal from ATM.

Or does everything need to be in one account?

Thanks if you have any relevant information .

Banking question. I cannot get an answer from immigration:

I am fine putting ฿800,000 in a bank account . But I want to get decent interest. The bank tells me I can get a decent 2.4% interest in a fixed account. However, that money cannot be accessed by ATM or the banking app for things like making payments.

I don’t want to put the 800,000 into their savings book account because it only gets 0.25% .

Also, I want to have my pension deposit every month over the next 12 months so I can in one year get my 800,000 back.

Question: can I have two accounts? One with a bank that is a fixed account that I put the 800,000 in and I do not touch for the year and I get 2.4%.

Then A regular savings account where I would deposit my 65,000 baht every month so in 12 months I can show that I have the pension and I can get my 800,000 back

Will that be allowed? Same bank just two different accounts. The savings account that I deposit my pension into I could then use for paying bills, etc., and withdrawal from ATM.

Or does everything need to be one account?

Deposit account

Hi guys, does anyone know of a bank offering deposit accounts where the money flows back to your regular account after they complete? Back in 2018 I was told by K-bank that this wasn't possible and that my physical presence in their branch was required to first receive and then redeposit the money to the right account to make that work. Quite unbelievable but that's what they said.

What is the process and considerations for moving ฿800k associated with a retirement visa from one bank to another to chase a higher interest rate.

Is same day generally ok?

Do I need both updated bank books and both bank letters for the next visa renewal?

I’m in Chiangmai.

Edit: Interest bearing fixed deposit accounts are available in Thailand and are perfectly acceptable to immigration authorities for visa purposes. I’m well aware of the balance requirements.

I’m certain people change banks. Specifically I’m looking for the procedure.

Curious if people get any interest from a Thai bank account?

Hoping someone may be able to help. I have the 800,000 in a bank account which will just sit there for immigration purposes. At the moment it is in a savings account. I would like to move to a fixed account which will give a little more interest. The account would be at the same bank. But I am a little concerned as to how immigration would veiw this. If they see it as withdrawing all the money from the account it could mess up my next extension. Does anyone have experience of this.