How does Bangkok Bank work for retirees who have a pension?

[patrickl]

Assume you have a pension of say 80k Baht per month. 80x12 = 960,000. That puts you beyond having to have any money in the bank account. Yet immigration still wants a letter showing your balance from Bangkok Bank. Do they still lock money? And how much? 

[DrJack54]

36 minutes ago, patrickl said:

Do they still lock money? And how much?

The balance for income method is irrelevant. It could be minimal amount. 

The letter is required to show, that you are owner of the account. 

 

Have not seen any reports of BBL freezing the funds unlike money in bank for both marriage or retirement. 

 

[patrickl]

3 minutes ago, DrJack54 said:

The balance for income method is irrelevant. It could be minimal amount. 

The letter is required to show, that you are owner of the account. 

 

Have not seen any reports of BBL freezing the funds unlike money in bank for both marriage or retirement. 

 

Thanks, that makes sense. 

I searched but there's no details about dependent / kids visa. For those the money only needs to be in the account for at least 1 day, even the day before is fine. Would Bangkok Bank freeze that for 4 months too? Have there been any reports?

[DrJack54]

18 minutes ago, patrickl said:

Would Bangkok Bank freeze that for 4 months too? Have there been any reports?

Have not seen a report regarding that situation. 

Wouldn't surprise me just about anything BBL might do. 

Actually in bit if shock regarding recent "rules" BBL have plucked out of the blue. 

 

Just for others: had first hand report today of chap using funds in bank retirement told by BBL cannot withdraw for 4 months from date of issue of letter. 

 

[patrickl]

That's just crazy. I hope other banks don't follow this as well.