bank transfer requirements

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This page displays all the results for the Bank Transfer Requirements tag, sorted by the most recent activity. There are a total of 9 questions that have been tagged with Bank Transfer Requirements. Explore the questions to find discussions and information relevant to this topic.
Jun 26, 2024
4 months ago
Graham ********
ORIGINAL POSTER
Hi,

My 12 month Non-O Immigrant (retirement) visa extension commences next week and obviously expires early July 2025 - based on the 800,000 baht international bank-to-bank transfer eligibility requirement.

Towards the end of the 12 month period I plan to convert to the 65,000 minimum baht method. I am currently transferring 65,000+ baht bank-to-bank from my Australian bank account into my K-bank account here in Chiang Mai.

The 65,000+ baht being transferred currently stands at 2 transactions each month and has been for sometime. Would this be acceptable to Immigration here in Chiang Mai, or does the international transfer have to be the 1 transaction each and every month for that minimum amount of 65,000 baht?

TIA

Regards!

Graham
Jan 11, 2024
10 months ago
Graham ********
ORIGINAL POSTER
A case of getting organised.........

Year 2 of my initial 1 year Non - OA (long stay) visa is coming to an end in February. Instead of returning to Australia and starting again I have decided to apply for the Non - O visa here in Chiang Mai, based on retirement.

I understand that the stepping stones are:-

1) Border run (Thai - Laos) and come back on a visa exemption (30 days).

2) Apply for the 90 days Non - O visa (based on retirement) at the Immigration Office.

3) Transfer 800,000 baht from my bank account in Australia to my Kasikorn bank account here in Chiang Mai (seasoned for 2 months before applying for the 12 month extension).

4) Before the 90 days is up apply for the 12 months extension (confirmation letter from my Kasikorn bank regarding the overseas transfer).

5) At the end of the 12 months apply to renew/extend the Non - O visa and convert to the monthly transfer of 65,000 baht (minimum). I have already been transferring monies from my bank account in Australia to my bank account here in Chiang Mai for about 18 months (consistently more than the minimun of 65,000 baht).

I haven't mentioned the documentation requirements associated with the above as I will get the list of those requirements from the Immigration Office early next month. This post is mainly about the process.

Comments from the moderators would be appreciated.

Regards!

Graham
May 10, 2023
a year ago
Vincent **********
ORIGINAL POSTER
Just got denied non "O" thai children yearly extension because I switched from 400k method to monthly 40k transfers but my nationality (CAN) required an affidavit from embassy and even if i quickly transfered 400k now, would not work because money has to be seasoned one month. Now, with too litle time left, I was suggested by immigration in Chaengwattana to get out of Thailand and come right back in again without a visa (30 day stamp exempt). In that 30 days, once i transfer back 400k in bank (no seasoning), go back at immigration to change it to a 90 day non "O" (tm.87). And after the 90 days are up, back to yearly extension again usine 400k method. Anyone ever did this?
Mar 21, 2023
2 years ago
Bob *******
ORIGINAL POSTER
Hi all I transferred 800,000 BHT from uk bank into Neice bank in Khon Kaen then transferred into Bangkok Bank for my year Non O visa soon is that ok or do I need to transfer from uk into Bangkok Bank
Nov 29, 2022
2 years ago
Vladimír *****
ORIGINAL POSTER
I went through a lot of local posts but couldn't find the answers.

I apologize in advance if I missed them.

If I send 65,000 baht per month for the whole year (to the finally! established account in Bangkok bank):

1. does it matter if it will be from a foreign account in my name?

2. Does all the money have to stay there for the full 12 months until the retirement visa application?

3. What are the conditions for a trailing spouse in such a case?

Thank you very much for the constructive and valuable comments.
Mar 24, 2022
3 years ago
Valentine *********
ORIGINAL POSTER
Just checking if anyone has been able to provide verification to Thai Immigration for the >40,000 baht pension entitlement payments (paid direct to a UK bank). I believe the UK /EmbassyConsolate (along with others) no longer provide assistance/letter of verification with this part of the Thai visa renewal process - need info to start the process of getting the ducks in a row for August Marriage visa renewal so all information is appreciated.
Sep 9, 2020
4 years ago
Mik **********
ORIGINAL POSTER
HI 2 quick questions.

1) I was on a non imm O from Savannakhet valid until Feb 2021. While on the amnesty I got a retirement extention of stay based on 800k. It was issued on 31 July but only valid 30 July 2021. I understood that extentions of stay granted during the amnesty were valid from 26th Sept. Is this correct?

2) Will I be able to go on an extention of stay based on marriage and a monthly 40k coming in to my Thai bank account from abroad for 12 months when this current retirement extention of stay expires next year (as things stand now)?

Thanks for any information and advise.
May 8, 2019
5 years ago
James ****************
ORIGINAL POSTER
I am wondering, does the 65,000 baht a month income requirement work as an average or must it be each month strictly?
Feb 4, 2019
6 years ago
Tod *********
ORIGINAL POSTER
CHANGES TO IMMIGRATION RULES FOR EXTENSIONS:

Since the beginning of the year there have been some significant changes to a few things visa/extension related..

So let's re-cap them

*As of the 7th of January the consulates of FOUR countries (Australia, Denmark, USA & UK) have stopped providing affidavits of income from abroad notary letters for people to use when using monthly income for proof of funds on extensions of stays which allow it (marriage, retirement, raising half thai children).

*The Police Order concerning monthly income method of funds was amended and is as follows

You must transfer in from abroad the minimum required amount (40K baht for marriage/children & 65K baht for retirement) EVERY month for the previous 12 months before you apply for your extension.

*The combination method of showing proof of funds for extensions based on retirement is still a valid option BUT they will take the month with the least amount transferred in to thailand and use that times 12 to get an 'average' transfer amount. The rest must be banked and the seasoning requirements still are in place.

*There is a supplemental police order which states in view of this policy change there will be leniency granted on people unable to show 12 months of incoming transfers BUT no one knows WHAT that actually means or how lenient they will be.

*There is a set of changes which will come into effect on March 1st. They are in regards to using banked money for an extension of stay based on retirement.

*It states the 800K baht must be in a thai bank account in your name only for 2 months prior to you applying for your extension of stay AND for 3 months AFTER the extension application. It also states that at no time during the year can the balance of the account go below 400K baht.

*There is some conjecture given the incredible amount of blow back to these changes for banked money that they will either be amended or not implemented. BUT as of now they ARE set to take effect March 1st.
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