Retirement Extension. Money in bank

[somo]

I am due to extend my retirement visa next week. However my dear wife just used my atm card instead of hers and withdrew 20k so my account has dipped below the required 800k. I have put the money back in so it was only for 20 minutes.

Will that screw up my application or will I be fined or something.

I am in Chayaphum and generally the immigration office here is brilliant and helpful but I wonder if there are any regulation covering such a short time where insufficient funds were in my account?

Any helpful ansewrs welcome

[KannikaP]

As has been said many times, keep you 800k in a separate account which has no ATM card. I know this doesn't answer your question but, if you get away with it this time, it will prevent it happening again. Or, of course, get a new wife!!! 555

[TaoNow]

Don't know about Chaiyaphum, but in Bangkok, Immo/CW would probably consider the dip below 800K to be a violation of the terms.

 

I would go to you local Immo office ahead of time to see what their position is.

[Doctor Tom]

Yes it will screw things up.  My advice is het an agent to do the transaction for you, they can and do navigate this kind of 'mistake'.  Keep it in a separate account and take the card off your Mrs.  

[CharlieKo]

Don't say anything about it to immigration unless they ask. But if they are as good as you say, it shouldn't be a problem.  

[somo]

17 minutes ago, CharlieKo said:

Don't say anything about it to immigration unless they ask. But if they are as good as you say, it shouldn't be a problem.  

That's what I am hoping. Just depends how the officer I get to see is feeling on the day, I think. Worst case is will heve to go back to a marriage extension I suppose.

As for the suggestion of opening another acc. without an atm that seems daft. I only need the money in there for 2 months so why tie it up permanently?

[CharlieKo]

2 minutes ago, somo said:

I only need the money in there for 2 months so why tie it up permanently?

I would check that. I think it needs to be in an account 2 months before and three months after you get the new extension! If you were on a marriage extension, you would be right about 2 months prior.

[Doctor Tom]

7 minutes ago, somo said:

That's what I am hoping. Just depends how the officer I get to see is feeling on the day, I think. Worst case is will heve to go back to a marriage extension I suppose.

As for the suggestion of opening another acc. without an atm that seems daft. I only need the money in there for 2 months so why tie it up permanently?

That is bad advice.  They are usually scrupulous in the matter, so don't take the risk. No good explaining to them.  I have heard of them turning down an extension when such a mistake was rectified immediately. If you try to negotiate your way out of it and it doesnt work, a legit agent won't touch you after that.  Get an agent to do it for you. 

[Doctor Tom]

10 minutes ago, somo said:

That's what I am hoping. Just depends how the officer I get to see is feeling on the day, I think. Worst case is will heve to go back to a marriage extension I suppose.

As for the suggestion of opening another acc. without an atm that seems daft. I only need the money in there for 2 months so why tie it up permanently?

You need it in for 5 months, two before and three after, 

[Doctor Tom]

32 minutes ago, CharlieKo said:

Don't say anything about it to immigration unless they ask. But if they are as good as you say, it shouldn't be a problem.  

That is very risky 

[CharlieKo]

1 minute ago, Doctor Tom said:

That is bad advice.  They are usually scrupulous in the matter, so don't take the risk. No good explaining to them.  I have heard of them turning down an extension when such a mistake was rectified immediately. If you try to negotiate your way out of it and it doesnt work, a legit agent won't touch you after that.  Get an agent to do it for you. 

Are you on a commission from the agent. He doesn't need to use an agent.  

[DrJack54]

OP, do you also have another bank account in your name only.

 

Immigration will (should) accept two bank accounts that together meet the requirements.

 

OP, you mention wife.

You could change your extension to based on marriage.

That only requires 400k two months prior to application plus under consideration period. 

 

Edited April 21, 2023 by DrJack54

[foreverlomsak]

12 minutes ago, somo said:

I only need the money in there for 2 months so why tie it up permanently?

The rule for retirement funding is

1) 800K for 2 months before (some offices still ask for 3).

2) 800K for 3 months after and

3) 400K for the remainder of the time until 2 months before.

[CharlieKo]

4 minutes ago, Doctor Tom said:

That is very risky 

Rubbish.

[homeseeker]

Op you say:

"However my dear wife just used my atm card instead of hers "

 

-Can I ask you is this wise???

 

 

 

 

[DrJack54]

10 minutes ago, CharlieKo said:

I think it needs to be in an account 2 months before and three months after you get the new extension! If you were on a marriage extension, you would be right about 2 months prior

The OP mentions 800k so it's extension based on retirement. The requirement is 800k in account two months prior to application and maintained for 3 months and not below 400k at other times.

 

[Jingthing]

Same day would likely be excused.

But if not do you have any other Thai bank account?

You can apply using multiple accounts.

[Red Phoenix]

5 minutes ago, DrJack54 said:

OP, do you also have another bank account in your name only.

Immigration will (should) accept two bank accounts that together meet the requirements.

Good advice from drJack, as that should normally solve the matter. 

But in case you do not have another Bank-Account, I would advise when going for your 1-year extension to immediately ask speaking to the Officer in charge and explaining what happened to him/her.  Chances are that the Officer in charge will be lenient - after all it was only a 20 minute breach, which was immediately corrected once you noticed it.  The desk officers will most probably not have the authority to accept your application when they notice that 'gap', and would have to ask the Officer in charge for approval anyway, hence better to plead your case straight away to the Officer in charge. 

[foreverlomsak]

3 minutes ago, Jingthing said:

But if not do you have any other Thai bank account?

That is in your name only

 

6 minutes ago, Jingthing said:

You can apply using multiple accounts.

Yes, you can, however I know somebody who applied using 2 accounts same bank but different branches (1 Phetchabun and 1 Pattaya) and was refused his extension and was told to go to Pattaya to fix the problem. He is now using an agent who confirmed multiple accounts are OK.

[1FinickyOne]

31 minutes ago, somo said:

That's what I am hoping. Just depends how the officer I get to see is feeling on the day, I think. Worst case is will heve to go back to a marriage extension I suppose.

As for the suggestion of opening another acc. without an atm that seems daft. I only need the money in there for 2 months so why tie it up permanently?

You can take money out of a bank w/o an atm card... 

[KannikaP]

48 minutes ago, Doctor Tom said:

You need it in for 5 months, two before and three after, 

And the seven months in between?

[Doctor Tom]

55 minutes ago, CharlieKo said:

Are you on a commission from the agent. He doesn't need to use an agent.  

I am trying to save the guy's extension.  Its up to him what he does 

[Doctor Tom]

He will find out for himself, personally, I'm just trying to give good advice, after that, I don't really care 

[Doctor Tom]

11 minutes ago, KannikaP said:

And the seven months in between?

No less than 400K 

[KannikaP]

Just now, Doctor Tom said:

No less than 400K 

We ALL know that, why didn't you say so in your first answer.

[Doctor Tom]

44 minutes ago, Red Phoenix said:

Chances are that the Officer in charge will be lenient - after all it was only a 20 minute breach, which was immediately corrected once you noticed it. 

That is a huge statement, chances are very high that  he/she will not accept it. Its in direct violation of the extension rules and although IOs do have some discretion, its by no means certain that they will exercise it and I personally would not stake my extension on it. 

[Doctor Tom]

2 minutes ago, KannikaP said:

We ALL know that, why didn't you say so in your first answer.

Because you all know it, apparently, so why ask.  The guy is asking for advice , not smart arsed comments.  

[somo]

54 minutes ago, Jingthing said:

Same day would likely be excused.

But if not do you have any other Thai bank account?

You can apply using multiple accounts.

No other account. The account was in deficit for less than 30 mins so if I smile nicely I am hopeful they would overlook it. I'll apply in the normal way and appolgise in advance for the mistake. They will 100% notice it so best be upfront about it I think. I know they can be sticklers for rules but out here in the sticks they are not so unfriendly as the Bangkok lot.

 

[somo]

3 minutes ago, Doctor Tom said:

That is a huge statement, chances are very high that  he/she will not accept it. Its in direct violation of the extension rules and although IOs do have some discretion, its by no means certain that they will exercise it and I personally would not stake my extension on it. 

I am not risking anything by applying in the usual way. You do seem full of doom and gloom or have you personally fallen foul in such a situation. As someone said above I am sure they have some discretion in the matter. Worst case is reverting to a marriage ext. then going back to retirement next year.

While I am here it is worth pointing out that here I have never been told to keep the account topped up for 4 months and never been asked to show statements for more than 6 months before an application so it seems there is a variation in the rules.

[Red Phoenix]

1 hour ago, somo said:

That's what I am hoping. Just depends how the officer I get to see is feeling on the day, I think. Worst case is will have to go back to a marriage extension I suppose.

Unfortunately switching to an extension for reason of marriage is not an option.  Because when changing your extension from retirement to marriage, it is a 2-step process:

First IO will check whether you have met the requirements for the 'retirement' extensions Permit to stay, and only when those requirements have been met, will they then check whether you also meet the requirements for the new 'marriage'  extension application.  But in your case you have not fulfilled the requirement for the retirement extension, as you did not meet the 'never slip under 800K' requirement during the last 2 months of your permission to stay.