RV renewal.

[orientfan]

Hi everyone,

My RV is due for renewal in June. I use the money in bank method but, due to my error with an ATM  card, the 800,000 dipped to 795,000 last October. I immediately corrected my mistake so when I renew in June this year the full 800,000 will have been in the account for 7 months. Is this a problem?

Thank you for any useful advice.

[impulse]

You may want to divulge which immigration office you'll be dealing with.  Some offices are tougher than others.

 

[Liquorice]

40 minutes ago, orientfan said:

Hi everyone,

My RV is due for renewal in June. I use the money in bank method but, due to my error with an ATM  card, the 800,000 dipped to 795,000 last October. I immediately corrected my mistake so when I renew in June this year the full 800,000 will have been in the account for 7 months. Is this a problem?

Thank you for any useful advice.

Provided you maintained a balance of 800K for 3 months after the extension was granted (a permit, not a visa), it isn't an issue.

You can withdraw up to 400K after that 3-month period as long as the minium balance remains at 400K.

 

From the dates you specify, you're OK.

 

Suggest you deposit that 800K into a Fixed Term account, better interest rate, no debit card, can only be accessed in branch.

[DrJack54]

Some offices are very strick. CW being one.

OP, how long was your account 5k short. Do you have another Thai bank account in your name only

 

Edit: after reading post above by @Liquorice it seems that you may have withdrawn funds in the months where you are permitted to be as low as 400k

[lopburi3]

Got me.  Topic list does not indicate where anything is posted.  Only "RV renewal"

 

Quote

A recreational vehicle, often abbreviated as RV, is a motor vehicle or trailer that includes living quarters designed for accommodation.

But appears was below 800k when allowed by rules (after 3 months until 2 months prior to next can go to 400k),

[Liquorice]

1 minute ago, lopburi3 said:

Only "RV renewal"

Retirement Visa  🙄

 

2 minutes ago, lopburi3 said:

But appears was below 800k when allowed by rules (after 3 months until 2 months prior to next can go to 400k),

Agreed.
Extension issued June.
July, Aug, Sept, maintained the 800k.

Didn't dip below the 800K until October, which is permitted.

[orientfan]

Thanks everyone . It was the Jomtien office. The only time the money dipped below was 29/10 797,954 . Then when I realised the mistake, 30/10 802,954.

So 800,000 has already been in for 3 months and the extension is due in June.

Thanks for any further comments

[DrJack54]

15 minutes ago, orientfan said:

So 800,000 has already been in for 3 months and the extension is due in June.

You are good to go. Just make sure 800k+ two months prior to date you apply for next extension. As pointed out earlier you may like to consider an FD account . Avoids any slip ups.

Thread closed.