OzMan Posted January 19, 2019 Share Posted January 19, 2019 (edited) Two weeks ago I entered Thailand for the first time on my O visa bringing with me, in my backpack, $30k in cash. I have no proof that I brought in the money but can easily transfer a further $40k. The problem is that if I change $40k cash at SuperRich I am $1,200 (approx. 27k baht) better off than if I change my money at Siam Commercial Bank. If my Australian bank transfers to SCB $40k is there a way to get the much better SuperRich exchange rate if I use bank transfers? Edited January 19, 2019 by OzMan Add details Link to comment Share on other sites More sharing options...
ubonjoe Posted January 19, 2019 Share Posted January 19, 2019 If you already have a non-o visa and plan on using the 800k baht in the bank for 3 months option to apply for an extension of stay you will not have to prove the money came from abroad. Not sure what the difference in exchange rates are but you would get the standard exchange rate when transferring into the account no matter how much it is. Link to comment Share on other sites More sharing options...
elviajero Posted January 19, 2019 Share Posted January 19, 2019 If you have arrived as a Tourist and plan to apply for a non ‘O’ visa, you’ll need to transfer the funds from abroad to meet the requirements. Link to comment Share on other sites More sharing options...
OzMan Posted January 19, 2019 Author Share Posted January 19, 2019 I obtained the retirement visa in Australia before moving to Thailand. Link to comment Share on other sites More sharing options...
Maestro Posted January 19, 2019 Share Posted January 19, 2019 5 minutes ago, OzMan said: I obtained the retirement visa in Australia before moving to Thailand. In this case, you do have to prove that the money was transferred from abroad when you apply for a one-year retirement extension at your local immigration office with 800k Baby in your Thai bank account. Link to comment Share on other sites More sharing options...
jacko45k Posted January 19, 2019 Share Posted January 19, 2019 14 hours ago, OzMan said: If my Australian bank transfers to SCB $40k is there a way to get the much better SuperRich exchange rate if I use bank transfers? If you have a local account have you considered Transferwise? Their rates appear better than the banks TT rates, whether they are as good as Superrich I do not know. Link to comment Share on other sites More sharing options...
ba ba Posted January 20, 2019 Share Posted January 20, 2019 I send transfer wise to my SCB account from aus and get a good rate make sure you transfer from aus account in the morning and you will save a day wait if you don't mind where does your income come from , mine is thought DVA Link to comment Share on other sites More sharing options...
ubonjoe Posted January 20, 2019 Share Posted January 20, 2019 10 hours ago, OzMan said: I obtained the retirement visa in Australia before moving to Thailand. Do you have single entry non-o visa or a OA long stay visa? With a OA visa you will not need to worry about the extension of stay and having the money in the bank for almost 2 years. Link to comment Share on other sites More sharing options...
mosan Posted January 20, 2019 Share Posted January 20, 2019 How do you get 2 years from an O-A VISA unless it is a multiple entry? What am I missing? Link to comment Share on other sites More sharing options...
ubonjoe Posted January 20, 2019 Share Posted January 20, 2019 1 minute ago, mosan said: How do you get 2 years from an O-A VISA unless it is a multiple entry? What am I missing? It is a multiple entry visa that allows unlimited one year entries for a year from the date of issue. You can get a new one year entry just before it expires and then a re-entry permit to keep that last entry valid if you want to travel. 1 Link to comment Share on other sites More sharing options...
mosan Posted January 20, 2019 Share Posted January 20, 2019 For the record, I just applied for a Non-Imm. O-A from Washington D.C., and the form has a spot where you can request 1 or more entries, and I paid the $200. So yes, reading the text on the website, it does say "Validity of VISA: multiple entries. So if approved, I guess I'll not have to worry about an extension until 2021... Link to comment Share on other sites More sharing options...
ubonjoe Posted January 20, 2019 Share Posted January 20, 2019 1 minute ago, mosan said: So if approved, I guess I'll not have to worry about an extension until 2021... That is correct. Or you could get another OA visa. Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 20, 2019 Share Posted January 20, 2019 If you already have a non-o visa and plan on using the 800k baht in the bank for 3 months option to apply for an extension of stay you will not have to prove the money came from abroad. Not sure what the difference in exchange rates are but you would get the standard exchange rate when transferring into the account no matter how much it is.if applying for a non-o, does the 800k need to come from abroad? if so that is confusing Link to comment Share on other sites More sharing options...
ubonjoe Posted January 20, 2019 Share Posted January 20, 2019 6 minutes ago, scubascuba3 said: if applying for a non-o, does the 800k need to come from abroad? if so that is confusing If you have a tourist visa or visa exempt entry and apply or a 90 day non immigrant visa (category O) entry at immigration the proof the 800k baht came from abroad is required. I think they set that rule since the 800k baht only has to be in the bank on the day you apply for it. See: https://www.immigration.go.th/content/service_80 ( to change languages click Eng at the top of the page) 1 Link to comment Share on other sites More sharing options...
OzMan Posted January 21, 2019 Author Share Posted January 21, 2019 Thanks for the replies everyone. Link to comment Share on other sites More sharing options...
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