monthly deposits

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This page displays all the results for the Monthly deposits tag, sorted by the most recent activity. There are a total of 5 questions that have been tagged with Monthly deposits. Explore the questions to find discussions and information relevant to this topic.
March 15, 2024
6 months ago
Glenn *****
ORIGINAL POSTER
Extension based on monthly deposits experience, Jomtien.

This is NOT the ฿ 800 or ฿ 400 in the bank method!

Nor is it about those who have a complyent Embassy who will give income letters.

I was issued my extension today with little hassle.

I brought the following to Jomtien Immigration

Application

2 photos

Passport

Copies of all the pages in my passbook

The fee

Recent TM30

Home bank statement showing 12 foreign deposits

of at least ฿65 K. Below is a copy of the accepted

statement which will take a week to get.

I did NOT have to show proof of last year's ฿800K. Since 12 monthly deposits have to be shown, it requires you to have some other visa type for you to aquire this 12 deposits.

Many have done this. Some were successful and some were not. My opinion of why the failed ones happened is probably due to either confusing the two types of extensions (income and banked) or not getting the bank statement correct. It must be deposits into Thailand, 12 deposits of at least ฿65K, the bank statement must be from the bank and be in the prescribed format and definitely not money in your home country.

At first it was rejected, the bank put the wrong month on the statement and I had have it redone.
March 7, 2024
7 months ago
Jeffrey *******
ORIGINAL POSTER
What is acceptable for evidence of the monthly 65k THB bank deposits originating from US Social Security with a Non O Retirement? I’ll have 18+ months of deposits on my next extension of stay.
November 24, 2021
3 years ago
Larry ******
ORIGINAL POSTER
Has there been any adjustments to to the monthly deposits or money in the bank requirements for visa extensions done in Kingdom?
April 26, 2019
5 years ago
David ********
ORIGINAL POSTER
Follow-up to the discussion regarding $65k international transfers in support of A-O extensions. Just got back from CW. Had a visit with Kasikorn Bank downstairs. We went through my monthly deposits and they agreed to pull each month deposit out of the monthly statement and produce a document showing the international source of each deposit. Document clearly shows the origin of the funds abroad and the deposit into the bank here in Bkk. The document even indicates the exchange rate from USD to Baht. My extension is not due so I only had them pull out six months. I was told that this document can be produced in any Kasicorn branch. Will take 5 days notice to produce 1 year and cost $500 tb . Hope this is helpful to those using the 65K monthly deposit method for A-O extension.
November 1, 2018
6 years ago
Dan *********
ORIGINAL POSTER
This post is in regards to one year Extension of Non-Immigrant Visa category O-A and not the original visa. Bangkok Bank NYC will require American banks to utilize the international (IAT) ACH format starting April 1, 2019 to move money to Thailand. This may make it problematic or costly for some Americans to move the money to Thailand here on a monthly basis.

One of the current options to meet financial requirements of the O-A extension in lieu of the income affidavits is a letter from your Thai Bank certifying your account and showing an 800,000 THB balance to meet the financial requirements. For those that have already used this option for their extension, how long do the funds need to have been deposited before applying for the extension of stay (not the original visa)? Once your extension is approved are there people that have used the 800,000 THB for their monthly expenses and they just repeat the process again for their next extension in a year? Or is the money required to stay in a Thai savings account for the entire year earning a fraction over 0% interest?

The other option is to deposit at least 65,000 THB into your Thai bank account each month. Are there some that have just ensured that they deposit 65,000 THB cash (from a business, or an ATM withdrawal from their bank back home, etc) into their Thai bank account instead of directly transferring the money from their home bank to their Thai bank? I am not suggesting that you deposit and withdraw the 65,000 THB each month and recycle the money which may be obvious to Thai immigration.
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