sleepy99

Reading the IM requirements, I did not find any mention other than having 800K in a Thai bank for a minimum of 3 months before extension. 

Hope that my local IM sticks with what it says.

17 minutes ago, Psimbo said:

When you get the letter from the bank get them to print a certified statement as well, You need it anyway. Instead of 3 months they can do any amount of months you want if you ask nicely. I tend to move some money in and out of the (ringfenced) account around the 3 month point and just ask them to do a four month statement. This way some activity is recorded on the account. I use this account for bringing money in, then transfer it to my 'working' account.  I always carry the book for extensions just in case they want to see it. I also have the working book just in case but have never been asked to show it- they did ask once if I had a second account and it was not an issue. 

 

This is n Phuket, other offices may differ.

 

Edit : Just had a look at my (K Bank) book that I've had since 2014- I can't see any bank charges (interest payments are nice though) but I try to keep it about 3 k over the 800k just in case something occurs. I think I paid cash for the last Debit Card. This account is ringfenced so I never actually use the card

Is this account of yours also a separate account solely for just the 800K seasoning? 

1 minute ago, farangx said:

Mine took on average 20 mins (excluding queuing time) to prepare and then it is off to immigration.

Did they also request you to show movement of money in & out of that account for the whole yr? or was it a pure saving account to season 800k?

Just now, BEVUP said:

I have an English friend that does the 800,000 episode 

 

He has to actually show movement of money in & out of that account for the whole yr since you are suppose to be living of this

 

In Korat 

More worries to the bucket.

I have another bank account that I use for monthly spendings. I'll bring both bank books in.

But I've never heard this one before, I mean if they ask, I can surely show that I have 2 bank accounts I hope. It's just easier to have the 800K in a separate account.

Anyway, my old ass needs to get this sorted out, even the 800k method has it's complication, my god.

Makes you just want to give up, and give in to that Elite Visa and get it over with.

4 minutes ago, farangx said:

Best to get the letter done on the same day you apply for that extension.  Some offices don't ask to see the bank book maybe because of this.

 

1 trip to the bank branch early morning, hope it's not packed, wait for the letter, which if on same date, hope that the manager who has the power to sign it is in, then another trip to IM within the same day. That's a bit tight.

A letter dated yesterday, with a bankbook showing an updated transaction on the date of extension should be ok I hope? it takes 5 minutes to update the bank book.

 

I'm sure each bank differ a bit with the letter, however has any one ever posted an example how such a letter from the bank should look like? I use a less poppular bank which is Thanachart bank, and it might come in handy if they ask me in confusion what letter it is I want them to issue.

3 minutes ago, Psimbo said:

When you get the letter from the bank get them to print a certified statement as well, You need it anyway. Instead of 3 months they can do any amount of months you want if you ask nicely. I tend to move some money in and out of the (ringfenced) account around the 3 month point and just ask them to do a four month statement. This way some activity is recorded on the account. I use this account for bringing money in, then transfer it to my 'working' account.  I always carry the book for extensions just in case they want to see it. I also have the working book just in case but have never been asked to show it- they did ask once if I had a second account and it was not an issue. 

 

This is n Phuket, other offices may differ.

So this "certified statement" is some sort of letter like, Mr.Smith has had no less (or have?) than 805,000 THB in our bank for the last 4 months something like that?

Unless there are like bank fees taken out during the 3 months of course, like SMS or Debit card fees, that's why I'm going to add another 5-10k extra on top of the 800K.

2 minutes ago, elviajero said:

800K is the minimum balance. You can have as much as you want in the account.

 

However you choose to update the book just make sure the balance does not fall below 800K.

Got it.

I'm not planing to even use this account at all, it's a brand new account separated from my spending account.

There should basically only be 2 transactions showing then, the deposit of 800K+ 3 months prior, then the second transaction showing a few hundred THB added on the day I go to IM.

I hope that would be ok.

2 minutes ago, ubonjoe said:

You could add few hundred baht to the account to be able to do the update the bank book.

Thanks, I was overthinking and thought that there might be a problem if I add more money etc. silly me.

For the last 10+ years always used the affidavit method.

This is the first time I'm using the 800k method so please bear with me.

Basically, this transaction to update the Bankbook after 3 months, should I add more money or do I need to deduct some money?

I'm going to have to extend the visa soon, will go with the 800k in a separate bank account method for 3 months. (with 5,000 THB extra on top in case of bank fees during the 3 months)

From my understanding, IM wants the bankbook to show the same date as the day I go to extend the visa.

Now in order to do so, means that I have to initiate a transaction on this separate 800k saving account, in order for the bank book to show that the money is in fact still there.

The question is, do I deposit say 1,000 THB to the account and make it 806,000 or withdraw 1,000 THB to make it 804,000?

It sounds dumb, but I lose sleep even over such small details.

Cheers.

Also, surprisingly, a lot less than I thought. I do understand that since these few do make up a large majority of the expats living here, it is troublesome for those affected. But considering the embassies of a lot of other big countries (Germany for instance) do support affidavits. I hope the only 4 embassies that have cancelled it, will reconsider and bring it back. 

1 minute ago, Carib said:

Yes, those are all. 

Wow, that's very surprising. I hope that the other embassies remain supportive towards their citizens in regards of the affidavit.

I usually go down to the local bar each week in my area and meet a few friends, lots of nationalities. 
I would like to gather some useful information that I can share with others in person.

Can someone tell me the exact list of embassies that have cancelled issuing the affidavit?

The ones that I know of are,

US, UK, Australia and Denmark ? (not sure about the danish one)

are these all? 

What about the ones like Belgium, Canada, Norway, Sweden, Netherlands, Germany etc. ?? 

13 minutes ago, DrJack54 said:

Sounds sensible solution. However would imagine might leave her in dubious situation. 

44 minutes ago, janclaes47 said:

If you give here access to your online banking she can transfer in real time all the money needed to her own account, and withdraw it from there.

 

I think

Unfortunately this is not a good solution for us, since she's not good with computers. Doesn't even have Facebook like most.

9 minutes ago, moonseeker said:

I imagine ATM and PIN is the best way. I have tried a couple times long ago with POA etc. Never accepted. With PIN she could raise the limit by phone within minutes and go way above the 20K. you mention. Kindly let us know what solution you found. Regards. MS>

I understand. But call me paranoid and overthinking everything.

But I could also imagine a scenario where the machine sucks in the ATM card when she is doing withdraws.
Happens a lot when the machine has an error sometimes! or even in the case if the ATM card is lost.

There should be a way that I can have her bring my bank book to the bank with her, and get money out on my behalf.

1 minute ago, observer90210 said:

What did the bank say or recommend ?

I have not checked with them yet, since this will be my first extension using the 800k method.
Been here for many years and always have used the affidavit method.

Thought I ask to see if anyone else have had experience regarding this scenerio first.

11 minutes ago, JackThompson said:

It should not - I have never heard of this being asked in those circumstances.

Thank you.

1 minute ago, DrJack54 said:

Only thing comes straight to mind is she have access to your card and of course pin. That gives her 20k per day. I'm sure members with far more knowledge could advise about power of attorney etc. Don't know your financial situation, but if possible keep the 800k account to yourself and open a joint separate a/c

We've been together for 28 years, I am not worried about her.

I understand that I could have an ATM card made, but it has daily withdraw limits, if large sums are needed someone still needs to go to the bank personally.

Can't put the money in a joint account at the moment, since the money is still seasoning until next extension.

I just want to make sure that she can get this money out for me in case of an emergency where I physically can't do it myself. 

 

I am going to season 800k in a Thai bank which is in my name only.
 

After my extension, in the case of an emergency that I am very sick, or have an accident,
can I have my girlfriend authorized to withdraw money on my behalf when I am unable too?

And if possible, will this type of authorization affect the 800k seasoning?
since it will need to be in a sole account.

7 minutes ago, JackThompson said:

There is no need to prove proof-of-origin for an annual extension.  800K in the bank, sourced from anywhere, but at that or greater minimum-balance for 3 months, and you are set.

 

The origin issue only comes into play if you enter the country on a tourist-visa, and need to get a Non-O stamp, before getting your initial annual extension.

However, in the past many years, I've never used the 800K method before, only the monthly income affidavit method.

Does it matter in the case that this is the first time I am using the 800K method for this extension?

Thank you for the answers!