@Pete *********

Yea, why ensure your visa is secure when you can put your bank balance at risk of fraud, theft or mistake?

@Pete *********

but it doesn’t earn 2.5%?

@Melissa ********

Seperate bank too to prevent commingling. Make sure it’s a fixed deposit account acceptable to your immigration office and that it pays 2.5% APR.

Recommendations (best practices):

Open a separate account for each individual.

Most, if not all immigration offices, allow a fixed deposit account, which pays an interest rate up to 2.5% annually and provides immediate access to your money with an interest penalty before 48 months.

It is recommended that you use a different bank than your day to day bank account to avoid any possibility of commingling funds and losing your visa.

1-phukets-foreign-investment-crackdown-over-200-arrested-in-nominee-scheme

I’ve had to wait an hour.

@Us ****

never rely on the advice of a salesperson.

@Barry *******

Can you guarantee it will arrive on the same day each month?

Are you willing to bet your visa on it?

@Dave *********

you can earn up to 2.5% interest in a Fixed Deposit account, which is perfectly acceptable to immigration.

It’s not 5% or 12%, but it’s better than nothing.

I would not be comfortable relying on my bank to transfer ฿65,000 every month, without fail, and therefore putting my visa status at risk.

@Lee **********

2.5% APR for 48 months