37 minutes ago, SamSpade said:

The GF gets it, assuming it's not been used for medical reasons to help me not to die, I'm a huge believer in keeping at least 6 months cash in-country as an "Oops fund" so the fact that this covers my extension requirements is a bonus.

I get maximising returns on paper but most people at retirement have probably moved a large percentage of their investments into lower yielding/gaining/safer assets, having cash in the bank is just a part of that.

As always... To each his own.

HOW will she get it? Unless ur married, the baht in the bank will be held up for months as she needs go thru courts, even if you have a will, if not forever

38 minutes ago, zzzzz said:

HOW will she get it? Unless ur married, the baht in the bank will be held up for months as she needs go thru courts, even if you have a will, if not forever

Via a Will & she has 1Million in an account in her name to last her until that's sorted (though that's soon to be spent on Land which was the original reason I gave it to her) also have 200K in a Krungsri account that is in her name but I'm the only one who uses it so she would be able to get access to that should anything happen to me).

Should be enough to see her through the probate proccess + my pension company should pay her 1/2 of my pension for life on my death which whilst not a lot of money is more than she needs to live on.

3 hours ago, zzzzz said:

true
and when u die, what happens to the 800,000 in the bank?

Do it urself 1,900 baht----- 800,000 in the bank earning less than .75%
use an agent 16,000 ----- 800,000 earning min 4% in a bank ( 32,000 baht++)
when u die ur money goes where ever you want it to

ur call

Exactly correct

10 minutes ago, Brick Top said:

Exactly correct

But can't you, after 3 months, start spending down the ฿800k?

3 minutes ago, jor said:

But can't you, after 3 months, start spending down the ฿800k?

Yes but not below 400k 3 months after application and back up to 800k 2 months prior to next extension.

I use income method so no need to maintain funds in bank

8 minutes ago, jor said:

But can't you, after 3 months, start spending down the ฿800k?

Need cash on demand in case for an emergency etc, most people claiming they invest 800k getting blah blah return S&P whatever the latest blag is mostly haven't got the money and we aren't falling for it.

Easier to leave 800k there and forget about it

49 minutes ago, scubascuba3 said:

Easier to leave 800k there and forget about it

Certainly easier for people for whom 800K is peanuts and can afford to forget about it.

For anybody else, letting this relative substantial amount locked and yielding not even close to yearly inflation is just a useless stressful waste.

Prior to the scandal M, was charging 12,000 if you use their money, 7-8, if you use your own! Right now I believe the price has gone up to 14,000 to use their money.

Their bank of choice prior to May last year was BB, today I believe the bank being used easily is Krungthai, I've not heard M being able to use other bank like Kungsri.

My cousin has an account there it is a real rip off, as for fees, they charge you to withdraw your own money at their ATM, 20 baht each time then 2 months ago they charge him 1550 baht a year for the mobile application on his phone

Of course this is in Pattaya.

42 minutes ago, thailand49 said:

My cousin has an account there it is a real rip off, as for fees, they charge you to withdraw your own money at their ATM, 20 baht each time then 2 months ago they charge him 1550 baht a year for the mobile application on his phone

Of course this is in Pattaya.

Use "Cardless" withdrawals at the ATM (my account was opened in Bangkok but doing this means I don't pay ATM fees in Pattaya).

No idea what the 1,550 THB fee is for, only thing I pay for is 300 THB for a new ATM card every 2-3 years.

[Bangkok Bank]

1 hour ago, Yumthai said:

Certainly easier for people for whom 800K is peanuts and can afford to forget about it.

For anybody else, letting this relative substantial amount locked and yielding not even close to yearly inflation is just a useless stressful waste.

At least you are honest about it 👍

Maybe I missed something, or misunderstood. Why do they want a 3 month statement, and for what? I know I have yo have a years statement printed out everytime and now have to have my DBD papers updated. Just curious.

1 hour ago, Yumthai said:

Certainly easier for people for whom 800K is peanuts and can afford to forget about it.

For anybody else, letting this relative substantial amount locked and yielding not even close to yearly inflation is just a useless stressful waste.

Absolutely get that & I wouldn’t want that option to close (few of my very good mates would be <deleted>’d if it did) but I think those of us who do keep the 800k in the bank get a bit tired of the people telling us how stupid we are & how we can make more money doing something different .

5 minutes ago, SamSpade said:

If they're doing your extension in a different province then I would think they'd need to have you registered at an address in that province so unless they file a TM30 to switch you back to your real address, you're going to have to use them to do your 90 Day Reports and could have problems getting a Certificate of Residence for Bank Account, Driving License etc.

I use Maneerat (8K as I keep the 800K in the Bank Account) and it's a 2 minute visit to Jomtien to have my photo taken in front of the Retirement Extension desk.

15 minutes ago, SamSpade said:

Absolutely get that & I wouldn’t want that option to close (few of my very good mates would be <deleted>’d if it did) but I think those of us who do keep the 800k in the bank get a bit tired of the people telling us how stupid we are & how we can make more money doing something different .

I think you know it is "stupid" in the absolute financial sense - that is why I won't do it. However, I would never criticise anyone who made the conscious decision to have 800k of 'dead money' there for the sake of an easier life.

3 hours ago, SamSpade said:

Absolutely get that & I wouldn’t want that option to close (few of my very good mates would be <deleted>’d if it did) but I think those of us who do keep the 800k in the bank get a bit tired of the people telling us how stupid we are & how we can make more money doing something different .

never would i call someone stupid for parking 800,000 in a low bearing interest account
its ur choice

For me, its my money and i dont want my daughter, who lives in the states, to have a HUGE hassle and a large expense, getting MY money from MY bank account when i die

16 minutes ago, zzzzz said:

For me, its my money and i dont want my daughter, who lives in the states, to have a HUGE hassle and a large expense, getting MY money from MY bank account when i die

True.

The alternative of using money in bank method is to use income method.

Would have minimal bank balance.

Pointed out previously.

3 hours ago, hotandsticky said:

I think you know it is "stupid" in the absolute financial sense - that is why I won't do it. However, I would never criticise anyone who made the conscious decision to have 800k of 'dead money' there for the sake of an easier life.

The way I look at it is I can always make more money, I can't make more time so I choose the path that costs me the least time & aggravation (Which is why I pay an agent 8K).

800K invested in short term/safe investments will generate a max 5% or 40K per year not trying to be flash but it isn't worth the hassle to me, I'm sure it is to others but I don't live my life for others.

On 3/15/2026 at 10:43 AM, ozfarang said:

Why does it matter?

It matters as your 90 reporting is not where you actually live.

Also can cause issue for update pp and things such as COR etc

You are not in province wher was issued..

Granted agent can avoid most of that. Not all

.

Is it still OK to use proof of income from your home country? And if so what evidence is required please?

Further to my last request for information, does the evidence of income from home country (if still acceptable) have to be issued on the same day as the application? And is this proof only for retirement visa applications or can it also be used for marriage extensions too please?

30 minutes ago, Mark Hopkins said:

Further to my last request for information, does the evidence of income from home country (if still acceptable) have to be issued on the same day as the application? And is this proof only for retirement visa applications or can it also be used for marriage extensions too please?

As per usual in Thailand it depends on your immigration office.

As for income method you need to show 12 monthly international transfers for extension application.

Some (hopefully very few) want to see proof of source of income ie " Pension "

Some such as my office CW are ok with just proof of the 12 transfers.

12 month bank statement + bank letter.

Some offices for some reason reject income method for marriage

3 hours ago, Mark Hopkins said:

Further to my last request for information, does the evidence of income from home country (if still acceptable) have to be issued on the same day as the application? And is this proof only for retirement visa applications or can it also be used for marriage extensions too please?

Does your embassy in Thailand provide income verification? The income verification letters are valid for up to 6 months in some cases.

If you are talking about some type of proof of income that you print and provide yourself, no one will accept that.

It's either embassy verified income, or monthly international transfers into your Thai bank account.

12 hours ago, SamSpade said:

The way I look at it is I can always make more money, I can't make more time so I choose the path that costs me the least time & aggravation (Which is why I pay an agent 8K).

800K invested in short term/safe investments will generate a max 5% or 40K per year not trying to be flash but it isn't worth the hassle to me, I'm sure it is to others but I don't live my life for others.

As we agreed......each to our own

19 hours ago, SamSpade said:

Use "Cardless" withdrawals at the ATM (my account was opened in Bangkok but doing this means I don't pay ATM fees in Pattaya).

No idea what the 1,550 THB fee is for, only thing I pay for is 300 THB for a new ATM card every 2-3 years.

[Bangkok Bank]

I'm talking about Krungthai bank not BB!

I don't use cardless because I read there is a flaw which leave the account open if someone in the know comes along can get into your account. True or not I do things the old fashion way LOL

17 hours ago, SamSpade said:

Absolutely get that & I wouldn’t want that option to close (few of my very good mates would be <deleted>’d if it did) but I think those of us who do keep the 800k in the bank get a bit tired of the people telling us how stupid we are & how we can make more money doing something different .

True, what is the difference! Is the interest so great that it generates such a massive return. What we talking 10% for a time deposit?🤣

2 hours ago, thailand49 said:

True, what is the difference! Is the interest so great that it generates such a massive return. What we talking 10% for a time deposit?🤣

28,000 Baht in my case for keeping the 800k in my ISA

On 3/16/2026 at 3:49 AM, TimBKK said:

One thing - if using them for the 800k they required a Krung Thai bank account from a particular branch (Klang, near Beach road), this as of October last year.

That branch no longer exists and I was directed to the branch on Naklua Road near Soi 14 last month to open an account.

19 hours ago, hotandsticky said:

28,000 Baht in my case for keeping the 800k in my ISA

Nice, but please note to me the bank and the time deposit your 800,000 is place in.

I will research it.

On 3/16/2026 at 2:55 AM, zzzzz said:

true
and when u die, what happens to the 800,000 in the bank?

Do it urself 1,900 baht----- 800,000 in the bank earning less than .75%
use an agent 16,000 ----- 800,000 earning min 4% in a bank ( 32,000 baht++)
when u die ur money goes where ever you want it to

ur call

Yes, but the member will argue his extension ONLY costs 1,900 baht. 🙂

The reality is, "donating" 800,000 baht to a Thai bank, for the purpose of a visa extension, makes the extension way more costly than just 1,900 baht, and also has restriction on the use of your own money.

On 3/16/2026 at 4:26 AM, SamSpade said:

I'm a huge believer in keeping at least 6 months cash in-country as an "Oops fund" so the fact that this covers my extension requirements is a bonus.

Money can be transferred into a Thai bank using companies such as Wise in a matter of seconds.

What happens if you have a "Oops" in the seeding period and use money from your "Oops Fund?"