financial regulations

Showing 13 questions

This page displays all the results for the Financial Regulations tag, sorted by the most recent activity. There are a total of 13 questions that have been tagged with Financial Regulations. Explore the questions to find discussions and information relevant to this topic.
Nov 7, 2024
a month ago
Paul *******
ORIGINAL POSTER
Hi everyone

I’m about to renew my retirement visa.

I have the required 800,000 in a Thai bank account.

I understand that I have to keep a minimum of 400,000 in that account and ensure that there’s 800,000 3 months before my visa renewal next year.

My question is :

How fast after obtaining the visa can I withdraw 400,000?

Thank you.
Sep 20, 2024
3 months ago
Ronald *********
ORIGINAL POSTER
Is there a top limit for transfers to a Kasikorn account, I need to transfer £2000 approx' 80,000 + Baht to top up my account for my upcoming visit.
Aug 6, 2024
4 months ago
Eddy *******
ORIGINAL POSTER
Hi. I need to open a bank account in Thailand to fund the build I will shortly commence.

What visa do I need to take to the bank to open a current account ?

I will visit over the next few years as a tourist later applying for a retirement visa when I give up work.

Thanks.
Jun 21, 2024
6 months ago
David *******
ORIGINAL POSTER
Hello everyone, I'm going to get the 1 year non-o extension based on marriage. I already got the 3 months non-o. I successfully opened a bank account in Kasikorn now and i'm going to transfer 400k now to keep there for 2 months.

Can i use the same bank account to pay for stuff here as long as i always keep the balance above 400k?

Can i also just keep using the same 400k to extend the visa every year?

I asked in the bank if i could earn some interest on the 400k and she said i would make 0.3THB a year with the 400k 🤣. Is there a better alternative?

I'm gonna apply for the extension in Bangkok
Sep 16, 2023
a year ago
Ellen *******
ORIGINAL POSTER
If I come in from the US on a Non OA retirement visa, how long can I keep my funds in a US bank before I am required to transfer into a Thai account? If and when I am required, may I just transfer in the 65000 baht per month for the first year, or would I need to do the lump sum? I currently earn decent interest on my account, and would like to maintain that as long as possible. Thanks in advance for your help
May 29, 2023
2 years ago
Keith *****
ORIGINAL POSTER
Hello all after having 400000 in your bank account for 2 months and you are under the consideration period with immigration can you access some of the money before you get another 90 days then 12 months
Jan 20, 2022
3 years ago
Graham *********
ORIGINAL POSTER
I am on a retirement visa and have 800,000 baht in a Thai bank in a one year deposit account. I have never touched it, just keep renewing it for a further one year every 12 months. However, on my last visit to immigration the officer was not happy as on the day when the deposit finishes the balance in my bank account is entered as 0 and then back up to 800,000 baht as I carry it forward for another year. This takes a few seconds and the money never leaves my account. Has anyone had a problem with this, any suggestions to stop it happening again.
Sep 25, 2021
3 years ago
Chris ****
ORIGINAL POSTER
Retirement Visa Question: if I already have visa but want to open an account with another bank…does immigration allow me to swing to new account or do I have to get prior approval to switch? And if so - what’s the steps?
Jul 20, 2019
5 years ago
Steven *********
ORIGINAL POSTER
I wonder if anybody has had the same experience and what happened. I have asked that my bank give me the required letter showing 65,000 baht coming into my account each month. I have two pensions but 3 of the payments came in via smart payments and not by international transfer, my Bank says I have to approach the other bank to get a letter to cover these three. Has anybody had to do this and what happened?
Apr 16, 2019
6 years ago
Paula **************
ORIGINAL POSTER
Help with timing, please. I am retiring to Thailand in summer 2020. I'd like to open a bank account there and start funding the 800,000 baht account. Can I open the account online? Do I need a visa first? Do I need a Thai residency address first?
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