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Posted

Hi folks,  I am planning to apply for the Non O-A Retirement Visa using a combined income totaling the required 800,000 Baht.  Part of the funds will be a cash transfer and the remainder will be my 2023 Social Security distribution statement.
 

I noticed recently that Siam Commercial Bank either froze or closed my accounts (I had 3 with them).  I left Thailand over 5 years ago but kept the accounts active by transferring funds between the accounts using my online access.  I overlooked making transfers for over 6 months this year and eventually noticed my balances zeroed out (no big deal).  I intend to contact SCB to see if they would reactivate one of those accounts so I can make the transfer.   
 

i do understand my funds will need to be held by SCB for 2 months before the Royal Thai Consulate in Los Angeles would consider processing my visa application.

 

My main question is as follows:  If at the 10 month point after my arrival I still have a balance in my SCB account, in order to qualify for a 1-year extension, can I just “top off” the SCB account with U.S. issued Traveler’s Cheques I bring along with me,  in addition to a newly issued Social Security distribution statement for 2024 reflecting I would meet the 800,000 baht visa requirement?   
 

I appreciate your opinions and or guidance.. 

Posted (edited)

You appear to be mixing things up a little. An OA visa is applied for in your home country, with funds in a home country account, not funds in a Thai account.

An extension of stay inside Thailand is funds in a Thai account , or income per month into a Thai Account. A social security "statement" doesn't meet the requirements, income has to be actually transferred into a Thailand and you would show immigration the Thai account.

I imagine travelers cheques could be deposited into a Thai account but I cant think why you would elect to use TCs when there are numerous online options to send/transfer money. An OA visa gives you 10 months to set up a Thai account, transfer money, monthly income etc.

 

Edited by Peterw42
  • Like 1
Posted (edited)

OP, to add to above posts, be aware that if you exit and reenter Thailand just prior to visa expiry you will be stamped in for another 12 months. 

Thus getting almost 2 years out of the non O-A before you need worry about extension.

For your first extension you will need to use money in the bank method.

If you are planning to retire in Thailand I suggest a non O based on retirement a better option..

Edited by DrJack54

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