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BKK Bank 4 months banked method??

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On 7/25/2025 at 9:22 AM, DrJack54 said:

The good thing is you have time. 

Assumed that was not the case. 

Some others have upcoming extension and don't have your option available.

 

Just one person's opinion... I would ditch BBL account ASAP. 

Even more so for you given you have a Kasikorn account in place. 

 

Just another person's opinion, I would NOT voluntarily close any Thai bank account, regardless of having another one to fall back on. We have no idea what changes are blowing in the wind, such as state entities needing to know the opening date of account, other banks introducing similar or more onerous restrictions on foreign account holdings, etc..

 

TiT remember.

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  • Liquorice
    Liquorice

    There is a much bigger picture to all of this if you've been reading and watching current news over the last 3 months.   There was the issue of the 'call centre' scams operating in Myanmar a

  • Equatorial
    Equatorial

    It is completely irrelevant what they have to say on this topic. It's the IO that enforces the immigration rules, not the bank. 

  • FritsSikkink
    FritsSikkink

    Looks like they had enough of the agents fiddling money around.

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55 minutes ago, NanLaew said:

 

Just another person's opinion, I would NOT voluntarily close any Thai bank account, regardless of having another one to fall back on. We have no idea what changes are blowing in the wind, such as state entities needing to know the opening date of account, other banks introducing similar or more onerous restrictions on foreign account holdings, etc..

 

TiT remember.

I know one thing for me... I will be switching to the 65k/month method, pull all my assets out of BKK Bank, and spend every baht of that 65k each month. 

8 minutes ago, dingdongrb said:

I know one thing for me... I will be switching to the 65k/month method, pull all my assets out of BKK Bank, and spend every baht of that 65k each month. 

 

I think if you leave a minimum of 500 baht in the Bangkok Bank account, they won't close it due to inactivity, but...

 

TiT

YMMV

4 minutes ago, NanLaew said:

I think if you leave a minimum of 500 baht in the Bangkok Bank account, they won't close it due to inactivity, but...

…after two years of inactivity it goes dormant.

On 7/1/2025 at 11:40 AM, homemade514 said:

yes i understand! - but they would not give my buddy a letter confirming the funds - unless he signed a form from them saying that the money needs to stay in the account for 4 months - i do not know how they will implement that. 

Sounds like another load of rubbish to me

 

So many scaremongering stories on here recently. By people who don't seem to have a clue

2 hours ago, dingdongrb said:

Signing that affidavit was really unknown by me and perhaps my fault that I can't read Thai....but I will still seek legal assistance if needed. I thought I was signing just to receive my statement and letter not to approve my assets to be FROZEN!

It's printed in Thai and English.

1 hour ago, NanLaew said:

 

I think if you leave a minimum of 500 baht in the Bangkok Bank account, they won't close it due to inactivity, but...

 

TiT

YMMV

Of course I won't spend every baht. I was being facetious. But I definitely will be spending most or transferring some every month to my daughter's bank.

3 minutes ago, Liquorice said:

It's printed in Thai and English.

Where's my copy.....??

 

As I said, I was just signing where the representative was pointing to thinking it was the usual signing requirement to receive my needed statement and letter.

5 minutes ago, Liquorice said:

It's printed in Thai and English.

Please show me.. I didn't get a copy.

59 minutes ago, Bday Prang said:

Sounds like another load of rubbish to me

 

 

It isn't. It is only Bangkok Bank's new policy nationwide. It only affects those using the 400k deposit for a marriage extension, either via an agent or otherwise having issues with seasoning. There's already a lengthy thread about it on AN with non-anecdotal confirmation.

 

56 minutes ago, Bday Prang said:

So many scaremongering stories on here recently. By people who don't seem to have a clue

 

Yes, there is a fair bit of "what if" and "thin end of the wedge" speculation from the usual unhappy campers, along with the high-horse brigade with their unhelpful "if you can't afford to live here" admonishments. But for some, it is a real and challenging issue.

On 7/27/2025 at 1:58 PM, dingdongrb said:

I apologize, I just found this thread and haven't read all of it.

 

I just want to say I renewed my retirement extension last week at Nan Immigration. I went in the week prior to BKK Bank and requested a 12 month statement. When going back to pick it up I requested the usual bank letter. At that time they told me that the 800k needed to stay in my account for 4 months, not 3 months like immigration requires. 

 

I said that is not right and how long would it take to close my account and receive my money to put into another bank? They said I couldn't do that until 4 months as the assets were frozen.

 

Looking at my balance on my phone app it was minus 800k. I asked the bank representative and she showed me if I dug down into the app menu I would still see that 800k amount in a different field (ledger balance).

 

I have written an email and will be sending it soon to BKK Bank's head office telling them that this requirement is immigration's and not the bank's. And if they don't remove the freeze or allow me to close the account and receive MY money for 4 months then I will be seeking legal assistance.

 

On another note...I didn't see it until recently but on the BBK Bank mobile app a person can request a 12 month statement and receive it via email. Has anyone done this and used it for immigration?

 

As far as I'm concerned this is extortion, and criminal charges need to be filed against the officers of Bangkok Bank PLC. They are refusing to provide a normal banking service unless you agree to lock your money up with them.  I'm honestly not sure what the law says about this, but if they will issue these letters to other account holders without requiring a 4 month hold on funds, but refuse to do it for you simply because the letter is addressed to immigration, then in my opinion this very well may be a criminal act/extortion and the police need to investigate. Either it applies to all accounts of a specific type, or it applies to none.

26 minutes ago, dingdongrb said:

Where's my copy.....??

You obviously didn't request one. The option is also on the form.

 

27 minutes ago, dingdongrb said:

As I said, I was just signing where the representative was pointing to thinking it was the usual signing requirement to receive my needed statement and letter.

And that's the problem with many foreigners, just signing to achieve what they want, without reading what they are agreeing too.

 

28 minutes ago, dingdongrb said:

Please show me.. I didn't get a copy.

It's posted on page 1 of this topic.

23 minutes ago, NanLaew said:

It only affects those using the 400k deposit for a marriage extension

 I thought it applied to retirement extensions going by earlier posts.

38 minutes ago, NanLaew said:

There's already a lengthy thread about it on AN with non-anecdotal confirmation.

Link?

2 hours ago, Liquorice said:

Link?

Sorry, its THIS thread.

 

The other lengthy thread is about first-time marriage extension seekers being prevented from opening a bank account as "new rules" dictate that only work permit holders can open the account needed to season the funds mandated by immigration.

19 hours ago, novacova said:

…after two years of inactivity it goes dormant.

 

Define 'dormant'? Does that simply mean asleep until woken up, or flagged for definite closure, with funds going to whatever entity is legally entitled to it?

17 hours ago, DezLez said:

 I thought it applied to retirement extensions going by earlier posts.

 

I raised the issue of retirement extensions being similarly challenged, but @DrJack54 suggested that this wouldn't be the case. And @Liquorice posited that the 800k for a retirement extension needs to languish untouched in the applicant's Thai bank account for five months anyway.

4 hours ago, TheAppletons said:

Similar stories abound on reddit sub-forum r/thailand.

That's for that link. The guy was very clear with his post and was good summary. 

The sentence where he mentioned the banks told him it was tied up with use of agents, I found Surprising. 

Agents for extension retirement yep sure. 

Agents for extension marriage (specifically money in bank... Nup) 

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20 hours ago, Bday Prang said:

So many scaremongering stories on here recently. By people who don't seem to have a clue

what are you talking about? this is absolutely happening now. perhaps you should pay attention to the news.

2 hours ago, NanLaew said:

Define 'dormant'? Does that simply mean asleep until woken up, or flagged for definite closure, with funds going to whatever entity is legally entitled to it?

 

Once your account is considered dormant by the bank, they will start charging a fee for dormant accounts (I think 50 baht per month).

 

If the account remains dormant, eventually those fees will have eaten up the balance and the bank will close the account. As there's no remaining balance left, it won't go to anybody. You can "wake up" the dormant account before that happens, but if it gets closed, it cannot be reactivated.

4 hours ago, NanLaew said:

 

Define 'dormant'? Does that simply mean asleep until woken up, or flagged for definite closure, with funds going to whatever entity is legally entitled to it?

The longevity of a Thai bank account without transactions varies by bank, with some allowing periods of inactivity before charging fees or closing the account. Accounts may incur monthly charges after a year of inactivity if the balance drops below a certain amount, commonly around 2,000 Baht

Can someone start a new thread about banks closing or not closing accounts due to low balance or inactivity? 

 

This thread is being hijacked by too many other topics!

38 minutes ago, dingdongrb said:

Can someone start a new thread about banks closing or not closing accounts due to low balance or inactivity? 

 

This thread is being hijacked by too many other topics!

 

  A couple of things.  This thread is not being "hijacked".  The topic is not about banks closing or not closing accounts due to low balance or inactivity.

 

  Next, as I understand it, if there is no activity in your account for 12+months, your account (and this is dependent upon which bank) becomes "dormant".  At that point, you'll be charged a "preservation fee" of 50thb per month until you do have a transaction or your balance is depleted.  

 

  Once you reach a zero balance, your account will be closed.  (All of this varies by bank so consider this a general overview.)

 

  If I'm mistaken, I'm sure a AN "expert" will be along shortly to correct me.

55 minutes ago, dingdongrb said:

Can someone start a new thread about banks closing or not closing accounts due to low balance or inactivity? 

 

This thread is being hijacked by too many other topics!

 

I see it as filling the hiatus in the "4 months banked method" panic with useful information until the next stress monkey jumps in after skipping the first 5 pages.

On 7/27/2025 at 2:09 PM, DrJack54 said:

Printed out statements from banking app should not be accepted by immigration. 

Note there have been reports that they have been accepted at this or that office. 

Fact is they should not be acceptable. 

 

Why not? The whole idea of getting a 1-year printed statement from the branch (or head office) is so absolutely redundant, especially if it still needs a bloody letter saying that the statement is correct. They are all Luddites, IMHO.

On 7/25/2025 at 9:22 AM, DrJack54 said:

Just one person's opinion... I would ditch BBL account ASAP. 

I have been loyal to BBL since moving to Thailand in '20.  They were the only bank who would open an account for me while I only had the 3 month O visa from LA consulate.  But, now I'm dumping them because other banks offer services they don't.  BBL stopped doing cash advances on foreign debit cards.  They also don't have any account with better interest rate other than fixed deposit.

 

I've switched to SCB EZ Savings and Krungsri Mee Tae Dai account for their better rate offerings and Krungsri still does cash advances on foreign debit cards.  Also both of them do the letter and 12 month statements for Immigration in minutes.  That SCB account has no passbook but that hasn't caused any problem with CM Imm. at extension time.

19 minutes ago, NanLaew said:

 

Why not? The whole idea of getting a 1-year printed statement from the branch (or head office) is so absolutely redundant, especially if it still needs a bloody letter saying that the statement is correct. They are all Luddites, IMHO.

Because anyone can make a statement on their computer in all of 5 minutes.  Printed documents are not trustworthy in any way.

21 minutes ago, NanLaew said:

Why not? The whole idea of getting a 1-year printed statement from the branch (or head office) is so absolutely redundant, especially if it still needs a bloody letter saying that the statement is correct

What is difficult to understand. 

Bank Letter has nothing to do with 12 month bank statement. 

Also as far as bank statements go print outs from computer app are not acceptable. 

Nor should they be. 

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