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Posted

Hi all I found out the hard way that money in the bank must be in your name - it cannot be a joint account.

One question the amount being 800000 baht can it be in fixed deposit?

Posted

That is a rule that has been in effect for some time. Some offices will allow a joint account with your wife if you have 1.6 million in the account.

The money can be in a standard fixed term account. There are some types that do not allow immediate withdrawal of funds or have a penalty that will not be accepted.

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