@Lloyd *******

Yes, but that is not correcting what he posted in this case. Although Alan should not be stating 3 months in a renewal based on deposits. It is wrong, and as one of the four mods should be 100% correct.

The two months before extension is ONLY required if you are extending based on bank deposits.

It is NOT required if you are extending based on monthly income, including the first time.

As I stated, in the year before extension based on monthly income you need 800k for months 1, 2 and 3, and the 400k for the rest of the year.

It does NOT have to be increased to 800k for the months 11 and 12. This bit is where you are both incorrect.

Or Tod is incorrect, but I believe he is right.

@Lloyd *******

You confirmed Alan was correct. He incorrectly stated the 800k needs to be in the account again three months before the new extension.

@Lloyd *******

Wrong.

The 800k only needs to be in the account for the first three months.

There are four mods in this forum.

You really should be all exactly on the same page for the extension and visa requirements. There's already way too much confusion.

Tod Daniels posted a day or two ago about this.

800k for three months then 400k for the rest of the year or until the extension based on the income method is granted, at which point the remaining 400k can be withdrawn.

I'm sure you will correct me if I have this wrong. Being "too lazy to type it in" is hardly an excuse.

Maybe make a post about all these requirements and pin it at the top. That'll save you a lot of typing.

@Loretta ******

If you had the Bangkok Bank app installed, you could have just initiated a SWIFT transfer. I think the limit is 1.5 or 2m Baht before it triggers officialdom.

However, as you are from the US maybe different rules apply. I dunno. Possibly the US is more aggressive in knowing where the $$$ come from.

I've transferred 700,000 without getting any paperwork.

A decade or so ago there was paperwork that was sent to the head office, but no longer.

All online.

@Robert *******

well, yep. As I posted, all you will get is just above 1%, which also is taxed, although you can claim the tax back.

All the banks publish interest rates on their websites.

@Joseph ******

things have changed. In the last 14 years.

Now you can transfer via the banking app.

@Loretta ******

no it's "not a lot of paperwork".

It's a couple of mouseclicks in the banking app.

@JP *******

you can put it in a term deposit, annual interest is about 1.2%.

@Beverley *************

Hardly international, its some south African bit of legislation.

No wonder I've never heard of it.

@Beverley *************

What is international FICA?