one baht Posted May 29, 2019 Share Posted May 29, 2019 Using the combined money method , l am doing the monthly transfers, and have kept Thb400,000 in my bank book can l take out the Thb400,000 l have in my account and deposit it into my ladys account to get a good interest rate (,foreigners aren't able to open an account at her co-op) then after 9 months place the THB400,000 back into my account in time to qualify the THB 800,000 , will l have to show where the Thb400,000 came from, lt will be my 3rd extension , Thank you for any advice. Link to comment Share on other sites More sharing options...
ubonjoe Posted May 29, 2019 Share Posted May 29, 2019 When did you do your extension application? If before March 1st the new rules will not apply to you until after your next extension. There is nothing in the new rules for a combination option stating how much you have to keep in the account. Some offices have said half of what was needed to reach a total of the money in the bank and income to reach a total of 800k baht needed to kept in the bank after 3 months. You will not need to prove where money in the bank came from when you top up your account. Link to comment Share on other sites More sharing options...
one baht Posted May 29, 2019 Author Share Posted May 29, 2019 6 minutes ago, ubonjoe said: When did you do your extension application? If before March 1st the new rules will not apply to you until after your next extension. There is nothing in the new rules for a combination option stating how much you have to keep in the account. Some offices have said half of what was needed to reach a total of the money in the bank and income to reach a total of 800k baht needed to kept in the bank after 3 months. You will not need to prove where money in the bank came from when you top up your account. I did extension in May Joe Link to comment Share on other sites More sharing options...
ubonjoe Posted May 29, 2019 Share Posted May 29, 2019 I would not take the 400k baht out of the bank unless immigration said it was allowed to keep it a different account that is not in you own name. Perhaps move it into a new fixed deposit account that would give a higher interest rate than a standard saving account. Was the 400k baht what was needed to reach a total of 800k baht when combined with income? Link to comment Share on other sites More sharing options...
one baht Posted May 29, 2019 Author Share Posted May 29, 2019 20 minutes ago, ubonjoe said: I would not take the 400k baht out of the bank unless immigration said it was allowed to keep it a different account that is not in you own name. Perhaps move it into a new fixed deposit account that would give a higher interest rate than a standard saving account. Was the 400k baht what was needed to reach a total of 800k baht when combined with income? Yes it was joe Link to comment Share on other sites More sharing options...
one baht Posted May 29, 2019 Author Share Posted May 29, 2019 1 minute ago, one baht said: Yes it was joe I will take a trip out to the Immigration Office and check if it's okay with them . Link to comment Share on other sites More sharing options...
one baht Posted May 29, 2019 Author Share Posted May 29, 2019 5 minutes ago, one baht said: I will take a trip out to the Immigration Office and check if it's okay with them . Thanks for your advice Joe Link to comment Share on other sites More sharing options...
onera1961 Posted May 29, 2019 Share Posted May 29, 2019 1 hour ago, one baht said: into my ladys account to get a good interest rate (,foreigners aren't able to open an account at her co-op) What cooperative? Is it a legitimate bank? Is the money insured. What is the interest rate. May be I can ask my GF to move her money to this bank. She now has a mai dai account with 1.5% interest rate. Link to comment Share on other sites More sharing options...
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