Non-O Extension - Money In Bank, Type Of Acct Requirement

[DaveBKK]

Taking a shot that someone definitively knows the answer to this:

For the Non-O based on marriage 1 year extension. I know the requirements are 40k proof of income per month or 400k in a thai bank for at least 60 days.

Regarding the 400k in the bank option, I have a Fixed Income Treasury Fund account with Kasikorn Bank solely in my name. This account does have a bank book where I can get a daily balance, interest accrued and Nav pricing. It will show a balance of 400k with a deposit date along with a updated balance of 400k (to prove the 60 days) when I apply for the visa. Will this work if I stick the 400k there?

Or must it be a "Savings Deposit" account?

I'd like to get at least a minimal amount of interest on that cash

Thanks in advance.

[ljerams]

The Immigration requirements are that the funds are accessible at any time.

Up to the Officer whether your method is accepted. Last time I looked there were a few term deposits available with reasonable interest rates offered which were always accessible BUT of course if you withdraw any cash you immediately lose the better interest rates.

[Mario2008]

I believe the deciding factor is if you have direct access to the money and can withdraw it at any time. If you deposit it for a fixed time wiht no access to it it will not be allowed.

In case you go for the money in the bank, immigration might also want to see a bankbook with some money in it to see you have money to spend.

[kdrayong]

I've just been to Siam Commercial Bank. The accountant told me, that he has a customer with a fund book >800kTHB, who was denied by the immigration. Even if you are able transfer from fund book to savings within one day.

Me, I have a 1mTHB fund book as well, which was always accepted by the Thai consulate for the non-imm-o visa. In my saving accounts, I just have 750kTHB.

What is your opinion? Will they deny my visa extension at Jomtien? Will a combination of these accounts and chanots of condos in my name be sufficient?

[lopburi3]

A fund is not a savings account - money should be in a savings account either normal passbook or fixed deposit type passbook.