Foreign Currency Account For Funds

[goforit]

The other day on one of the threads I saw that someone had opened a foreign currency account at a Thai bank with a currency equivalent of 800,000 baht and this was acceptable for extending his retirement visa. Searched again today but I can't find which thread it was on.

Can anyone provide further details if this is allowable, and is so, which immigration office(s) accept foreign deposits, which banks can you open a foreign deposit account and what do you have to provide to immigration- ie does the bank have to write a letter you have XXX USD which are equivalent to XXX Thai baht?

thanks

[The Skipper]

I have a US Dollar saving account at HSBC and will use it for my retirement VISA.

The nice lady there says she will provide me the proper certificate for my Immigration application + Copies of the last 3 Months Bank Statements.

On the Certificate for Immigration, the Bank will state the amount in Thai Baht.

[mongoose]

Siam Commercial Bank has offered foreign currency deposit accounts. You probably have to go to the main office or a large branch.

Chiang Mai Immigration has been accepting foreign currency deposit accounts for years but last time I was there with mine was 4 months ago.