Hi All. Been in Thailand 11 months on O-A visa. Opening bank account was easy but I notice that no interest is given on the large positive balance.

Somewhere I read that it's because of no workers permit. Surely this can't be legal. Yes I understand tax is payable on interest earned and the bank could deduct that, but interest can't be withheld on these grounds.

Please don't comment with 'this is Thailand'. There must be international banking laws that regulate this.

Any positive feedback will be appreciated.

Hello everyone. Background - USA passport, O-A retirement, going for my 5th Extension of Stay late October 2019, previous financial proof method - bank 800K. I want to change to 65K monthly income combined with on-deposit account to supplement any short-falls. I will attain a bank letter showing international deposits dated from November 2018 to October 2019. The Bank statement will show a total income of just over 800K, However the statement will also show 1 month well below 65K and 2 months of no international deposits. This is due to a change of bank regulation that disallow money transfer, bank to bank, as I have done for the last 5 years. Therefore I have applied for my US Social Security payments to be sent directly to my new Thai Direct Deposit Account. Once established, I will be back on track. I can also provide a spread sheet showing the 2019-2020 income based on forecasted exchange rate for that forthcoming time period. I can also provide 2018 1099’s showing my overall income. Question – will the 800k + income be sufficient to qualify? Or will the disruption of deposits be enough to disqualify me from using the method this time? Thank you for your time.