Alert! Bangkok Bank new rule money seasoning

[DrPhibes]

Went to get my certified bank papers today for non-O visa extension for bank balance and was broadsided by a new rule at Bangkok Bank (account there since 2004).

 

Bangkok bank is now requiring that you leave 400,000 baht in the bank 4 months from the date you come in the get the certified balance letter if you did not have at least 400,000 baht in your account 4 months prior to coming in for the letter.  Not 4 months from the date the account had 400,000 then going forward, 4 months from today for me.  Account was funded with 600k in early May but they won't count from that date for the 4 months (big argument with top bank gal ovver this).  This is not an immigration requirement, new bank policy.  Looking to open account at different bank now.

[howerde]

Was this in Pattaya?

[CallumWK]

This has been posted on FB about a month ago

 

[DrJack54]

16 minutes ago, DrPhibes said:

This is not an immigration requirement, new bank policy.  Looking to open account at different bank now.

Thanks for first hand feedback. 

We have 9 page thread on the subject here:

 

I agree with the OP.... if you have time to season your funds then change banks. 

Personally wouldn't want anything to do with this bank in question. 

[DrJack54]

Off topic post regards agents removed as off topic 

[DrPhibes]

1 hour ago, CallumWK said:

This has been posted on FB about a month ago

 

Not a FB user 🙂

[DrPhibes]

1 hour ago, howerde said:

Was this in Pattaya?

Chiang Mai

[Liquorice]

1 hour ago, howerde said:

Was this in Pattaya?

It's a nationwide requirement at all branches of Bangkok bank.

[Tod Daniels]

9 minutes ago, Liquorice said:

It's a nationwide requirement at all branches of Bangkok bank.

only appears to be tripping people up who either don't keep the correct funds in all the time (which is NOT an immigration requirement) OR people who use "service providers" to bank the money 

Just had a couple people who use B/B get their extension based on marriage banking 400K and one got their retirement extension banking 800K and neither had to sign anything to get the letter or the statement from the bank. BUT those two people bank the money full time in the account (they're active accounts but the never let the balance go below the threshold the previous year.. 

There appears to be a LOT of leeway on when the bank decides to strong arm people into signing that "you'll keep the funds in for 4 months from today" paper  

[Liquorice]

2 minutes ago, Tod Daniels said:

Just had a couple people who use B/B get their extension based on marriage banking 400K and one got their retirement extension banking 800K and neither had to sign anything to get the letter or the statement from the bank. BUT those two people bank the money full time in the account (they're active accounts but the never let the balance go below the threshold the previous year.. 

There appears to be a LOT of leeway on when the bank decides to strong arm people into signing that "you'll keep the funds in for 4 months from today" paper  

 

The noticed posted around branches of Bangkok Bank can't be much clearer.

 

[Tod Daniels]

4 minutes ago, Liquorice said:

he noticed posted around branches of Bangkok Bank can't be much clearer.

seems pretty succinctly spelled out 😛 

I'd wager even people wading in the shallow end of the gene pool would be able to glom onto it 😉 

[geisha]

2 hours ago, DrPhibes said:

Went to get my certified bank papers today for non-O visa extension for bank balance and was broadsided by a new rule at Bangkok Bank (account there since 2004).

 

Bangkok bank is now requiring that you leave 400,000 baht in the bank 4 months from the date you come in the get the certified balance letter if you did not have at least 400,000 baht in your account 4 months prior to coming in for the letter.  Not 4 months from the date the account had 400,000 then going forward, 4 months from today for me.  Account was funded with 600k in early May but they won't count from that date for the 4 months (big argument with top bank gal ovver this).  This is not an immigration requirement, new bank policy.  Looking to open account at different bank now.

Heard exactly this more than a month back.