bank transfer regulations

Showing 2 questions

This page displays all the results for the Bank Transfer Regulations tag, sorted by the most recent activity. There are a total of 2 questions that have been tagged with Bank Transfer Regulations. Explore the questions to find discussions and information relevant to this topic.
Oct 4, 2023
a year ago
Álex ********
ORIGINAL POSTER
Hi. I got from the Thai Embassy in Spain a multientry 1 year length O-A visa valid from Sept 2023 to Sept 2024.

I plan to fly to Thailand on November 2023. Will I get 1 year stay stamp on my passport until November 2024? I read some posts here mentioning they just got only 90 days and after it need to extend 1 year.

In order to extend this visa next November 2024 (if this is the case) I plan to go with 800K method. I have few doubts about it.

1. Can I transfer the money on any date and still will be ok for the extension? Let's say I send it on December 2023 to avoid possible new taxation regulation coming next year ? or would it be too early to be accepted for the extension next year ?

2. Do I need to tag the bank wire as "to renew O-A visa" similar as the transfers to buy a condominium where it needs to state "to buy xxx condominium" ?.

3. Once the 800k are transfered to my Thai bank account, do I need to open a fixed deposit or can it be in any savings account ? is it enough just to show any thai bank account with average balance over 800k?

Thank you so much in advance. I really enjoy reading all your posts here. it's a great source of aknowledge helping all of us.
Sep 2, 2023
a year ago
Michael ******
ORIGINAL POSTER
My O-A visa expires middle of December and I plan on extending it in Thailand. I will therefore transfer 800k+ thb to my Bangkok Bank account. I expect a sum like that will trigger a money laundering question from the bank. How can I show that the money is legit?
Previous page
Page 1 of 1
Next page