800k Baht for retirement visa, bank book entries question.

[AusDieMaus]

Hello, in the requirements for applying for a non-o retirement visa it states that prove of international funds transfer of 800k Baht into the bank account is required. Copies of all pages of the bank book have to be provided. Does someone know how the IO knows that funds have come from overseas? Will they check where the money came from exactly? Or does that not matter as long as it has been transferred from outside of Thailand? Does anyone know?

[Jingthing]

Just now, AusDieMaus said:

Hello, in the requirements for applying for a non-o retirement visa it states that prove of international funds transfer of 800k Baht into the bank account is required. Copies of all pages of the bank book have to be provided. Does someone know how the IO knows that funds have come from overseas? Will they check where the money came from exactly? Or does that not matter as long as it has been transferred from outside of Thailand? Does anyone know?

Deposits in the passbook have a coding system that identify international transfers.

[AusDieMaus]

3 minutes ago, Jingthing said:

Deposits in the passbook have a coding system that identify international transfers.

Ok thats good to know. I had money coming from different sources and different countries. Will this make a difference or create any problems? Or is the main thing that it came into Thailand from another country?

[Jingthing]

2 minutes ago, AusDieMaus said:

Ok thats good to know. I had money coming from different sources and different countries. Will this make a difference or create any problems? Or is the main thing that it came into Thailand from another country?

No difference as long as international transfer.

[DrJack54]

5 hours ago, AusDieMaus said:

I had money coming from different sources and different countries. Will this make a difference or create any problems? Or is the main thing that it came into Thailand from another country?

That won't be an issue.

 

However having correct codes doesn't necessarily occur just because the funds came from abroad. 

For example WISE transfers may land in partner bank eg BBL or Kasikorn and in turn be transferred into your bank.

That code will not be shown as international transfers.

Ask the bank about obtaining "Credit Advice" if any transactions are not shown as international. 

[AusDieMaus]

6 hours ago, DrJack54 said:

That won't be an issue.

 

However having correct codes doesn't necessarily occur just because the funds came from abroad. 

For example WISE transfers may land in partner bank eg BBL or Kasikorn and in turn be transferred into your bank.

That code will not be shown as international transfers.

Ask the bank about obtaining "Credit Advice" if any transactions are not shown as international. 

Thank you. Just in case I will be printing out all transfer documents of my foreign banks to prove, just in case.

[DrJack54]

40 minutes ago, AusDieMaus said:

Thank you. Just in case I will be printing out all transfer documents of my foreign banks to prove, just in case.

If you are doing "bank to bank" Transfers then they will show as international in your Thai bank account. 

Many guys in Thailand use companies such as WISE and sometimes transfers are not show as international,