Extensions - Bank Codes

[MangoKorat]

I remember the subject of bank codes becoming an issue a few years ago when home embassies stopped certifying income - there were dozens of posts with people having problems with the transfer type as shown on their bank statements.  As it didn't really apply to me, I didn't pay too much attention to it but I seem to remember people having problems with Wise transfers/bank codes.  However, it is likely to apply to me shortly and as there is another thread running about this, I thought I'd seek clarification as to the current situation.

 

By the time it applies to me I will be married (never thought I'd do it again but it makes so many things easier).  I will not be working when I apply for my first extension and will deposit 400,000 in my Kasikorn account for the first year - transferred from my UK account using Wise. Does that need to have a particular code? As an aside - as it will be my first application, is any seasoning required?

 

I will then begin collecting evidence of 40,000 per month income for the next year's application - again transferred from the UK using Wise.  However, part way through the year I am likely to be working in Thailand (with a work permit) - I presume that evidence of my income will be my salary coming from the company into my bank account?

 

So a few questions:

 

1. For income from abroad - what codes do immigration want to see on my Kasikorn statements?

2. How do I achieve those codes? Is it just a matter of choosing the correct reason for transfer when carrying out the transaction with Wise?

3. In terms of financial evidence what exactly do I need - bank statements, letter from the bank etc?

4. If a letter is needed, does it need to be dated on the same day as the application - as per retirement visas?

5. When I'm employed, do I need anything else other than proof of salary being paid into my bank account (it will be my company).

6. As I will be using part UK income and part from my Thai salary in the second year, is it advisable to keep the 400,000 in my account until the next application?  I'd rather not if I don't need to.

 

I will be making my applications through Korat Immigration who I know, can be awkward on occasions.  A few years back, a friend who ran a business in Thailand was told (by Korat Immigration) that his income had to come from abroad.  As he had a work permit and was paid by his company, that was clearly ridiculous. He had a hell of a fight and the officer refused to move on the matter.  He ended up having to pay a lawyer to sort things out.  I had a small issue with them a few years ago when they refused to accept that I was 'housemaster' on a TM30 application, even though I have a Usufruct. However, I know others who apply at Korat who don't seem to have problems.

 

I've had Non O's in the past (based on marriage) - some have no stamp stating 'Employment Prohibited' but one does.  To the best of my knowledge, those on a marriage based Non O can work (subject to all the other laws) on that visa and only need a work permit, not a Non B - correct?  I think the 'Employment Prohibited' stamp that I previously received was a mistake.

[KannikaP]

6 minutes ago, MangoKorat said:

2. How do I achieve those codes? Is it just a matter of choosing the correct reason for transfer when carrying out the transaction with Wise?

Yes, long term stay in Thailand arrives as International Transfer = FTT in Bangkok Bank

[Upnotover]

13 minutes ago, MangoKorat said:

1. For income from abroad - what codes do immigration want to see on my Kasikorn statements?

2. How do I achieve those codes? Is it just a matter of choosing the correct reason for transfer when carrying out the transaction with Wise?

I have been sending from Wise to Kasikorn for a long time.  Irrespective of then reason given for transfer the bank book always shows TRN.  The statement however always shows "รับเงินธุรกรรม ตปท" which Google tells me means "Receive money from overseas transactions".  I never had any issues with that.

[Upnotover]

20 minutes ago, MangoKorat said:

3. In terms of financial evidence what exactly do I need - bank statements, letter from the bank etc?

4. If a letter is needed, does it need to be dated on the same day as the application - as per retirement visas?

Get the standard letter and a 12 month statement.  These can be done several days ahead of time.  But on the day you apply for the extension make some transaction in your account (in or out) and update the bank book.

[DrJack54]

4 minutes ago, Upnotover said:

The statement however always shows "รับเงินธุรกรรม ตปท" which Google tells me means "Receive money from overseas transactions".  I never had any issues with that

I recall an interesting post some time ago on this matter. 

A person posted that if you request your 12 month bank statement in Thai then the notation with the deposits translate as international transaction. 

At the time I thought it was a wind up. 

Perhaps it wasn't. 

[hotandsticky]

5 minutes ago, Upnotover said:

I have been sending from Wise to Kasikorn for a long time.  Irrespective of then reason given for transfer the bank book always shows TRN.  The statement however always shows "รับเงินธุรกรรม ตปท" which Google tells me means "Receive money from overseas transactions".  I never had any issues with that.

 

Depends which Immigration office you deal with. If you have one that accepts statement entries only then you are fortunate.

 

Last time for Jomtien I had to go to the main Kasikorn office in Pattaya Klang to get a certification from their International section.

[DrJack54]

25 minutes ago, MangoKorat said:

However, it is likely to apply to me shortly and as there is another thread running about this, I thought I'd seek clarification as to the current situation.

OP, you have a comprehensive list of questions. 

Just one to you first.... Given that the funds in bank method for marriage is only 400k and after receiving extension stamp the funds can be used, is income method the option you wish to use. 

[hotandsticky]

5 minutes ago, DrJack54 said:

I recall an interesting post some time ago on this matter. 

A person posted that if you request your 12 month bank statement in Thai then the notation with the deposits translate as international transaction. 

At the time I thought it was a wind up. 

Perhaps it wasn't. 

 

 

My K Bank online transactions, and bank statements, record the deposits as "Trade Finance"

[Upnotover]

7 minutes ago, hotandsticky said:

 

 

My K Bank online transactions, and bank statements, record the deposits as "Trade Finance"

In English yes, get a Thai statement.

[Upnotover]

15 minutes ago, DrJack54 said:

I recall an interesting post some time ago on this matter. 

A person posted that if you request your 12 month bank statement in Thai then the notation with the deposits translate as international transaction. 

At the time I thought it was a wind up. 

Perhaps it wasn't. 

Certainly not a wind up.  Exactly what happens.  English is, as above, "Trade Finance", Thai is as I stated. 

[hotandsticky]

5 minutes ago, Upnotover said:

In English yes, get a Thai statement.

 

Obviously. But as this is an English language forum I thought I would show what the wording says.

 

Jomtien Immigration don't insist on the K Bank International Certificate because the bank statement is in English.

[DrJack54]

2 minutes ago, hotandsticky said:

Jomtien Immigration don't insist on the K Bank International Certificate because the bank statement is in English.

Seems that you can request the statement in Thai. 

Indeed I just asked the gf to read what upnotover posted. 

She replied... "Money from overseas" 

[Maybole]

My Krungthai bank record my transfers from UK as XISDT alongside the entry.

[MangoKorat]

2 hours ago, DrJack54 said:

OP, you have a comprehensive list of questions. 

Just one to you first.... Given that the funds in bank method for marriage is only 400k and after receiving extension stamp the funds can be used, is income method the option you wish to use. 

Yes, I don't want to have any more money in a Thai account than I need to. My cash is protected in UK accounts, I don't think it is in Thailand.

 

As far as I know, once I'm employed, there will be no problems with that method and I have to show an income of 40K per month in any case to maintain my work permit.

[MangoKorat]

2 hours ago, hotandsticky said:

 

 

My K Bank online transactions, and bank statements, record the deposits as "Trade Finance"

Yes, I haven't checked for a while but that's what mine used to be listed as.

[MangoKorat]

2 hours ago, hotandsticky said:

 

 

My K Bank online transactions, and bank statements, record the deposits as "Trade Finance"

Does your immigration accept that?

[MangoKorat]

2 hours ago, Upnotover said:

I have been sending from Wise to Kasikorn for a long time.  Irrespective of then reason given for transfer the bank book always shows TRN.  The statement however always shows "รับเงินธุรกรรม ตปท" which Google tells me means "Receive money from overseas transactions".  I never had any issues with that.

Yes, just checked my book and that's how most of my transfers are recorded.. According to the back page TR means cheque of transfer, N mean.s no book transaction.  I have one TTN - again according to the back page that means transfer - inter region.

 

I could be wrong but I seem to remember that when this first started, these codes were the reason for a lot of the problems - immigration wanted it clear cut that they were international transfers.

[Upnotover]

8 minutes ago, MangoKorat said:

Yes, just checked my book and that's how most of my transfers are recorded.. According to the back page TR means cheque of transfer, N mean.s no book transaction.  I have one TTN - again according to the back page that means transfer - inter region.

 

I could be wrong but I seem to remember that when this first started, these codes were the reason for a lot of the problems - immigration wanted it clear cut that they were international transfers.

Indeed.  But an actual statement (Thai) will show it as a foreign transaction.  Never been an issue for me, of course there is nothing predictable about the behaviour of individual immigration offices(or officers).

[hotandsticky]

7 hours ago, MangoKorat said:

Does your immigration accept that?

 

No.

 

As mentioned, Jomtien required a specific form (which they gave me a copy of) from the K Bank International Department.

[MangoKorat]

3 hours ago, hotandsticky said:

 

No.

 

As mentioned, Jomtien required a specific form (which they gave me a copy of) from the K Bank International Department.

OK thanks. I think a trip to Korat Immigration is a good idea.

[MangoKorat]

12 hours ago, DrJack54 said:

Seems that you can request the statement in Thai. 

Indeed I just asked the gf to read what upnotover posted. 

She replied... "Money from overseas" 

Sounds like a plan.

 

Very annoying though, if the English version was directly translated these problems wouldn't exist - at least for Kasikorn customers. Since when did 'Money from Overseas' translate to 'Trade Finance'?