2nd Bank Account?

[Hummin]

2 minutes ago, CallumWK said:

For years I had the 800K in a krungsri account permanently, and used that account for my extension

 

My last extension was in March.

In June this year I removed most of the money in that account because of the poor interest they pay.

I have an account with SCB that hasn't been below 800K for several years, so can I next extension just use that account?

Can't see the problem if you can document.the money origin from abroad?

[Hummin]

17 minutes ago, Cuchulainn said:

Missus spoke with our local BKK Bank today, and they said that the B400k or B800k 4 month rule is (or very soon will be) all banks, as directed by the BoT. Not just BKK Bank

Meaning ? 

[CallumWK]

1 minute ago, Hummin said:

Can't see the problem if you can document.the money origin from abroad?

 

There is no requirement for money in an account to be from abroad

[Hummin]

Just now, CallumWK said:

 

There is no requirement for money in an account to be from abroad

 

 

Sorry my ignorance, but I thought that was part of the requirements? 

 

Unless you have work permit and can document legal income 

[CallumWK]

Just now, Hummin said:

 

 

Sorry my ignorance, but I thought that was part of the requirements? 

 

Unless you have work permit and can document legal income 

 

As far as I'm aware that requirement is only for those that do the monthly pension route

[DrJack54]

9 minutes ago, CallumWK said:

I have an account with SCB that hasn't been below 800K for several years, so can I next extension just use that account?

Yes. 

[DrJack54]

6 minutes ago, Hummin said:

Can't see the problem if you can document.the money origin from abroad?

For extensions based on retirement using money in bank method the funds do not need to be from abroad

[Hummin]

2 minutes ago, CallumWK said:

 

As far as I'm aware that requirement is only for those that do the monthly pension route

Well that's good to know, then I can transfer money from any account and not worry about documentation of origin. 

[DrJack54]

3 minutes ago, CallumWK said:

 

As far as I'm aware that requirement is only for those that do the monthly pension route

That is correct

[BrandonJT]

1 hour ago, Cuchulainn said:

Missus spoke with our local BKK Bank today, and they said that the B400k or B800k 4 month rule is (or very soon will be) all banks, as directed by the BoT. Not just BKK Bank

 

Not credible, and makes zero sense. The Bank of Thailand has no interest in banks writing letters.

[Rob Browder]

23 hours ago, davb said:

 

I asked Bangkok Bank (two years ago) if I could do this and they said no.

I got this as well - but at a different BKB branch.  I opened a 2nd account at the branch where I had the 1st account without issue.  Granted, this was some years back - may be different, now - but worth a try if was a different branch which rejected you. 

[OJAS]

On 7/24/2025 at 1:27 PM, KhunBENQ said:

I have two accounts at Bangkok Bank. Normal savings account and a "fixed deposit" acount where 800k is lying around since years.

Much easier to open with your current bank?

 

Not a good idea to have 2 accounts with the same bank IMHO because of the Deposit Protection Agency's 1m coverage limit:

 

https://www.dpa.or.th/coverage-limit

 

[KhunBENQ]

5 minutes ago, OJAS said:

 

Not a good idea to have 2 accounts with the same bank IMHO because of the Deposit Protection Agency's 1m coverage limit:

 

https://www.dpa.or.th/coverage-limit

 

If the sum is above 1 mil.

And  for me: I don't want to think what happens if Bangkok Bank goes bankrupt.

[OJAS]

16 minutes ago, KhunBENQ said:

If the sum is above 1 mil.

And  for me: I don't want to think what happens if Bangkok Bank goes bankrupt.

 

Fair point. And, in the current straitened times for foreigners wishing to open new Thai bank accounts, a couple of accounts with the same bank might well be the sole practical solution.

 

[lamyai3]

On 7/24/2025 at 12:32 PM, Wyabcp said:

Hi all 

I have my 1 year extension already. I'm now thinking about my next extension in a ~years time, and the proof I'll need of my bank account status . In one years time i can imagine the amount of transactions that will occur in my account will be huge, and will create a lot of paperwork etc. 

I'm thinking of opening another (2nd) bank account, that i can use for my day to day transactions. 

So that when i reapply for extension, my main account with the 800,000 baht only has a few transactions making reproducing the statements easy. 

Main account is Krungsri, I'm thinking my 2nd will be K-Bank

Is this a good idea? Any issues? 

Thanks 

 

Definitely worth getting a second account for daily use. Krungsri is a very convenient bank for keeping the 800k for visa extensions at Chaengwattana. 

[Wyabcp]

23 hours ago, DrJack54 said:

Yeah I checked it out. 

Small branch in a shopping mall. 

One good review (2 weeks old) USA guy opened an account. Married to a Thai. 

Went during the week and had to return following Sat. 

Mentioned the issue with BBL which does not apply at Kasikorn. 

In hindsight a much bigger branch like the ones you find in eg Sukhumvit would have been better option. 

At the exchange square asoke kbank now, tiny too and crazy busy lol

[Bill97]

On 7/24/2025 at 1:37 PM, davb said:

 

I asked Bangkok Bank (two years ago) if I could do this and they said no.

They did it for me 6 months ago 

[DrJack54]

15 minutes ago, Bill97 said:

They did it for me 6 months ago 

Indeed most banks will allow more than one savings account with same account owner. 

 

 

[Wyabcp]

After a 10 minute wait, KBank at Exchange Tower Asoke set up my account in about 20 minutes. I provided my lease contract, passport with 1 year visa, and TM30. 

All good, now I'll let my main account just sit there... 🙂 

Thanks everyone for all the guidance... 👍

[DrJack54]

13 minutes ago, Wyabcp said:

After a 10 minute wait, KBank at Exchange Tower Asoke set up my account in about 20 minutes. I provided my lease contract, passport with 1 year visa, and TM30

Think that's pretty much as I suggested.

Thanks for the update. Now you can relax 

[chilly07]

On 7/24/2025 at 1:27 PM, KhunBENQ said:

I have two accounts at Bangkok Bank. Normal savings account and a "fixed deposit" acount where 800k is lying around since years.

Much easier to open with your current bank?

 

I still have that account but not needed for extension as I changed to 12 monthly transfers. Money now free for energency.

For 12 monthly a second account would be useful.

How did you change from 800k to 12 mthly transfers? Did you need to produce both accounts to Immigration?

[DrJack54]

2 minutes ago, chilly07 said:

How did you change from 800k to 12 mthly transfers? Did you need to produce both accounts to Immigration?

When you change from money in bank to income method you need to show financial compliance to both methods. 

I'm currently doing this. 

For my next extension (Oct) I will show compliance with funds in the bank along with 12 monthly transfers from abroad of 65k+ 

So you "double up" So to speak for one year. 

[chilly07]

1 minute ago, DrJack54 said:

When you change from money in bank to income method you need to show financial compliance to both methods. 

I'm currently doing this. 

For my next extension (Oct) I will show compliance with funds in the bank along with 12 monthly transfers from abroad of 65k+ 

So you "double up" So to speak for one year. 

Thanks

I have always used Wise and BB because BB code transfers as FTT. Just done a Krungsri transfer and they code as Global Transfer Hub ???

[DrJack54]

1 minute ago, chilly07 said:

Thanks

I have always used Wise and BB because BB code transfers as FTT. Just done a Krungsri transfer and they code as Global Transfer Hub ???

This is also of concern to others. 

I use WISE for the monthly transfers to Kasikorn. Kasikorn is also partner to WISE. 

I plan to provide 12 month bank statement in Thai language. 

Seems that has a Thai notation that translates to "money from abroad" 

Failing that folk can obtain "credit advice" from bank to show international transfers. 

[chilly07]

9 minutes ago, DrJack54 said:

This is also of concern to others. 

I use WISE for the monthly transfers to Kasikorn. Kasikorn is also partner to WISE. 

I plan to provide 12 month bank statement in Thai language. 

Seems that has a Thai notation that translates to "money from abroad" 

Failing that folk can obtain "credit advice" from bank to show international transfers. 

Thanks again 

Just done my agent assisted extension at Jomtien.

Provided Credit Advices for 1yr and 800k in for 3mths and went to get letter from BB. BB chose 800k and told us about the new 4mths before or lock up for 4mths after ruling from HQ. If I wanted to use the 12 mths route they actually told us to transfer funds to another bank to make sure I was well under the 800k next yr.

As last year Immigration took all my credit advices, my self assessment tax declaration from HMRC and my P60s from my pension providors and gave nothing back except stamped passport and bank book.

Still trying to work out what to do next year???

[KhunBENQ]

30 minutes ago, chilly07 said:

Thanks

I have always used Wise and BB because BB code transfers as FTT. Just done a Krungsri transfer and they code as Global Transfer Hub ???

Can you get account statements online or at the branch?

Ask for statement in Thai language.

Either ask at the branch or put a picture of the description here.

 

Similar with Kbank. The English wording sounds strange while statement im Thai is clearly.

[KhunBENQ]

Khon Kaen:

I can't remember being asked about the 800k when first coming with the 12 month statements.

But really it's too long ago and my memory might fool me.

[KhunBENQ]

43 minutes ago, chilly07 said:

they code as Global Transfer Hub ???

And why doesn't sound like a foreign (global) transfer ?

Does your bank book have a page with the codes. 

Can you take a picture?

[DrJack54]

19 minutes ago, KhunBENQ said:

Does your bank book have a page with the codes. 

Can you take a picture?

Here is random snippet from my Kasikorn bb. 

All it has is TRN code. 

Don't see immigration happy that means international transfer. 

Hope the 12 month bank statement has the required detail. 

 

[hotandsticky]

5 minutes ago, DrJack54 said:

Here is random snippet from my Kasikorn bb. 

All it has is TRN code. 

Don't see immigration happy that means international transfer. 

Hope the 12 month bank statement has the required detail. 

 

 

 

Certainly Jomtien are not; I had to get a special certificate from K Bank in Pattaya Klang to confirm the transfers from overseas.