7 Months Fix Deposit Account

[Charlie]

My first application for Extension of Stay was based on my "two months" on a

"savings account" with 800,000 Baht and it was successful. I also understand

that a "Fix Deposit" for three months is also accepted.

The question I would like to ask is this. For next year I have deposited more

than 800,000 Baht on a "Fix Deposit" account for "seven months" in order to get more

interests. Will my "seven months" of more than 800,000 Baht in a Fix Deposit account face any problems ?

Your kind advice is much appreciated.

Thanking you all in advance. Khap Khon Khap.

[lopburi3]

If a cash account that the 800k can be withdrawn from without loss of principle it should be accepted.

[sparebox2]

Why go fix, when saving account give you just as much. And tax free if interest <20,000 baht.year

Standard Chartered e-Saving give 3% (no limit on number of withdraw by tranfer to any bank)

TMB (MEbyTMB) e-saving gives 3.5% (no limit on number of withdraw by tranfer to another TMB bank account, or 2 times if transfer to other bank account)

[Darrel]

The TMB account is unsuitable for anyone outside Bangkok. It is also only really accessible to Thai-speaking persons.

The SC account is unsuitable for anyone outside Bangkok or a few other areas, most of which are not popular with retired farangs.

[prodriver]

Shouldn't be a problem 'Charlie' but as always it depends on which office you deal with. I used an 11 months fixed deposit account with SCB last time I did my annual extension which was accepted.