Non OA retirement extension after dipping below 800,000 in one account -- report

[david_je]

A month after my extension last year, my account accidentally fell 5,000 below the required balance due to an unexpected payment. I corrected it as soon as I noticed. Fortunately, I did have another account and the total of the two accounts met the requirement.

For this year's extension, last month at CW, I showed both bank books and the combined statement from the bank. The IO still questioned the accidental dip, conferred with a supervisor, who also questioned it, and in turn conferred with her superior. I was finally given the extension, after the supervisor said, "Next time keep it all in one bank book," and I was asked to sign the extension regulations regarding the 800,000 balance.

I know others here have said there is no problem with accidentally falling below the requirement if you have more than one account and the combined total is enough. The lesson from my experience is, to be safe, keep it all in one account and make sure it does not dip below the requirement for any reason.

 

[EricTh]

Picky, picky IO.

 

I had two bank accounts (one savings and one fixed deposit) with total above 800k but individually below 800k but the officers didn't question this. I just presented both bank statements.

 

 

 

 

Edited August 7, 2021 by EricTh

[DrJack54]

11 minutes ago, EricTh said:

Picky, picky IO.

 

I had two bank accounts (one savings and one fixed deposit) with total above 800k but individually below 800k but the officers didn't question this. I just presented both bank statements.

 

 

 

 

Were your 2 accounts with same bank? 

 

[gk10012001]

I have heard tales going both ways.  Two bank books and accounts an issue, other officers say no issue.  Letter of the law, versus how much work the officials feel like doing that day

[EricTh]

14 minutes ago, DrJack54 said:

Were your 2 accounts with same bank? 

 

It was initially with different banks about 400k each although I later transferred to same bank with two different accounts for convenience sake.

 

Both cases accepted with no problems.

Edited August 7, 2021 by EricTh

[Thaifly88]

You are absolutely right, it is the total amount in Thai banks that needs to be equal to or greater than 800,000 THB

However, they are Immigration Officers , so best to do as they say. You don’t the headaches associated with arguing with them - salute, do as they say, and be on your way ????

[Thingamabob]

Surely best to maintain 800k minimum in one account at all times, thereby avoiding any hassle ?

[NoshowJones]

"The lesson from my experience is, to be safe, keep it all in one account and make sure it does not dip below the requirement for any reason." 

The best lesson of all is to use a reputable agent and save yourself a lot of unnecessary hassle.

 

[kiwikeith]

16 hours ago, Thaifly88 said:

You are absolutely right, it is the total amount in Thai banks that needs to be equal to or greater than 800,000 THB

However, they are Immigration Officers , so best to do as they say. You don’t the headaches associated with arguing with them - salute, do as they say, and be on your way ????

Remember a friend of mine telling the immigration officer he was going to London for a couple of weeks, she asked him if he could bring her back some perfume. 

He did, from the pound shop, she was very happy