I was told by my visa agent today that if I deposit 500,000 into my Bangkok Bank Account, they will hold that money for 90 to 120 days. Regardless of where it came from or where it is going.

If that is true, What the Fck is going on here?

I have seen reports that differ... Can anyone comment with actual first hand knowledge of the situation? Please don't waste my time with comments that are unrelated to the question asked.

Have a great day.

Alert!: Thai wife visa: I just extended it, with, as usual, the 400k on my bank account. Bangkok Bank says they will block it for 6 months! Indeed, I see I cannot use the 400k! But I read nothing about this new rule in the immigration website! Any idea? Thanks

Has anyone experienced issues transfering funds from Wise to any Thai bank account recently? I’ve done many transfers before but all of a sudden it was returned and unable to proceed with the transfer.

Anyone here with a DTV visa having issues with Bangkok Bank? I'm currently outside Thailand and can't make QR payments

Update: I just got off the phone with the bank and they've frozen my account

Am I missing something here . Thailand requires me to deposit 800,000 baht into a Thai bank account to get my retirement visa. After 180 days they can then tax my 800,000.

Once a DTV is approved/granted the 500k that you had in a bank account can be moved back into an investment portfolio..correct??

Has anyone had success opening a Thai bank account recently with DTV?

Scrolling through the threads but can't seem to find any recent success stories.

I also read agents are no longer assisting DTV holders in opening accounts. Is the the case? If not, does anyone have any agent recommendations?

I'm happy to deposit 500k+ baht to open the account.

Any latest info about opening an bank account on DTV?

Tim Newton of Tim Newton Today upped intell three hours ago re the bank account drama.

TLDR: He strikes a more positive vibe and in essence it’s “hold tight” as the situation is developing. His sources indicate it might blow over in as little as a few weeks.

He does state that reports are correct that there’s no “goverment decree” ban but that tightened diligence is effectively banning new accounts.

Personally this will deeply affect me. My last several visits (VoA) I’ve been too busy to open an account. I now regret my procrastination. For me it’s about quality of life - easier and cheaper access to transferred funds, ability to use QR, easier online shopping through Thai websites (ever had your non-Thai card rejected?), easier and cheaper transfers to help my girlfriend’s sick buffalo, etc. I’m a very cashless person too.

I am currently holding ed visa and will be switching to dtv. I opened a bank account in Krungthai bank with the letter from current school. Will the bank account be still usable for long term even after switching to dtv?

Do i need to update the visa in bank? Will the bank possibly approve for it?