Does anyone know if I can have a UK life insurance but have it paid to someone in Thailand if I die

Asking on behalf: if you don’t renew your retirement visa, will the bank close your savings account if they know about it?

Hi all,

I have DTV, but seems like I cannot open any bank account through this visa.

If you can open bank account with DTV, please advise which bank and what are the requirements.

I’ll be applying for the DTV VISA soon. I’m gathering my required information.

One requirement is 500,000 Baht ($15,500) in your bank account. I have more than enough money spread out amongst several accounts.

I have money in my bank checking account, bank high yield savings account, and also stocks account.

I don’t keep $15,000 in my bank checking account, only about $1000. Most of my money is in the high yield savings account and my stocks which are separate than my bank account.

1. Can I show on the DTV application that I have 3 separate accounts that equal well over the $15,000 requirement? Send in 3 account information? Including my stock account on Robinhood?

2. Do I need to consolidate the $15,000 into one account, say my bank checking account?

3. Can I show my stock portfolio? That has more than $15,000 required. Will they accept stock account such as Robinhood?

I’d rather not have to sell my stocks just to get that value into my bank checking account…

I keep very little in my checking account so my money can grow.

Any advice would be much appreciated. Thanks everyone!

Arriving in Thailand February/March of 2025. Once I get there I’ve decided to use an agent to get everything set up for retirement visa. I have a question about a bank account. Is it possible to set up two accounts under the same name at the same bank? I want to deposit the 800k baht in one account and then use a different account for day to day spending and deposits. I prefer not to have to worry about the 800k account falling below the required amount at any time. I know I can do this in the US, but not sure in Thailand as an expat. Thanks in advance!

I am trying to get a Type O retirement visa but need to open a Thai bank account so I can deposit the 800K Baht before the visa will be issued. The banks have all said I need a visa (specifically said type O or O- A, I realise there are other visas also that would be suitable) to be able to open an account but I can't get the visa without the 800K Baht in a Thai bank account first. I contacted an an agent and they said they can open an account for me... I'm also informed by the banks that according to the law, only the person wishing to open the account can do so. How can I get around this baffling conundrum without using an agent, and how do the agents get around this? Is there another visa I can apply for first that will allow me to open an account that I can get without the need for the money prior to its issue?

I know the exchange rate is high. I’m really bad at the simple math. If I have money in a Thai bank, is this bad timing to move money back to the US? Any idea how much money I would lose just on the exchange rate?

US to Thailand wise transfer. They're offering an exchange rate of 35.48.

I was going to transfer $3,000. I'm in no rush So I was wondering if I should wait for a better rate or should I just pull the trigger before it goes lower? Speculations and opinions appreciated!

How do I set up direct deposit for a USA government pension to Bangkok Bank? I'm not in Thailand. I already have a BB account. Thank you.

Hello all, trying to open a bank account to deposit money to obtain my O-retirement, however, am being asked for a form from the US consulate verifying my passport. Sent an email but got no reply. First appointment is in mid July as I chose assuming notary service is required. Although it states on the Consulate website they do not provide any service to allow for the opening of a Thai bank account. Any suggestions or thoughts will be greatly appreciated.