That’s why it is necessary to repeat that people should start by reading the Thai embassy website
“VISA PROCESSING TIME (4 - 5 WEEKS DURING HIGH SEASON)
Applicants are recommended to apply for the visa in advance, at least a minimum of 3 weeks and maximum 8 weeks before the expected date of your departure because the day of approval is the starting date of your visa validity.
The application will be considered only once you have completed the submission of all required documents. The Embassy reserves the right to grant an appropriate visa without prior notice.
**The Embassy will not take any responsibility if your visa is issued before/after your planned departure date because the day of approval is the starting date of your visa validity.**”
Think twice before digging in to deep in the 500.000.
In the past there has been big problems with foreigners, that couldn’t pay hospitalbills etc. if they got involved in a accident.
Under corona you had to show a medical insurance to overcome that problem of unpaid medical bills, but that did also stir up a lot of criticism and other problems.
But medical bills wasn’t the only finacial problem to be dealt whit, where foreigners misused the hospitality of Thailand, and to make sure those who make the problem also pay to solve the problem, Thailand now request a cash deposit, to cover those situations.
And they know that you had that kind of money, when applyed.
Banks in Thailand are like everywhere in the world, interested in having good stable customers, that have a permanent address, a steady easy traceable income, and use the account all year round.
That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.
Don’t expect to get a residence certificat, until you have stayed at a permanent adress in at least 3 month, since that is what the residence certificat should confirm.
Furthermore the added attention on whitewashing of money, is an added burden on the banks, so reluctant depositing large amounts isn’t a guaranteed way to open an account.
The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.
Be aware there is a error in the start of the article ( and several other copy - paste media with the same article )
A Thai Bankaccount has never been a requirement to get DTV, on the contrary it has been one of the big advantage over other visa, that you could get DTV as long as you could show 500.000 Baht equivalent in any bank anywhere in the world.
It has never been the intention that DTV visaholders should be in need of a Thai bankaccount.