Jump to content
BANGKOK
britishjohn

OA visa extension funding questions...

Recommended Posts

I have to extend my OA visa for the first time in about 5 months and I believe with regard to the finance there are two options:  800kTHB in my Thai bank 3 months before or 12 x 65k THB paid into my Thai bank account in the previous 12 months.

 

So far I have transferred 7 x 70k THB (via transferwise) to my Krungsri account from the UK and will continue to do that. I was hoping to avoid the 800k lump sum, particularly given the appalling exchange rate.  However I'm beginning to wonder, given some of the stories I've read here whether the income method is just too risky.  But anyway a few questions about the income method all the same:

 

  1. Is it ok that the money is coming from a savings account in the UK rather a pension or income as such ?
  2. The transfers were not always done on exactly the same date. Sometimes a week later. Could this be a problem ?
  3. What information will be required from my Thai bank to verify these transfers ? Could transferwise also be a problem ?

Share this post


Link to post
Share on other sites
Posted (edited)

"1" There is a combo method on the e-system, can be income plus savings making a total, of the 800k THB equivalent in the UK & GBP, the 65k+/month and the 800k in a Thai bank could be used, but is more for doing and extension of the O-A later in Thailand.

Edited by UKresonant

Share this post


Link to post
Share on other sites
Posted (edited)
1 hour ago, UKresonant said:

There is a combo method on the e-system, can be income plus savings making a total, of the 800k THB equivalent in the UK.

Similarly the 65k+/month and the Balance of the 800k in a Thai Bank can be used if the IO in the office has the understanding, I think that could be in a Krungsri  £ FCD.

So 70x7 + e.g £8600 (x36fx) SWIFT into the FCD to make the 800k total.

Please ignore #2 above!

Someone will perhaps have a Combo recently and confirm? The transfers coming from savings made in the previous calendar year is ideal perhaps, whilst showing a legitimate source as secondary proof. If you had a second savings account for all the transfers spaning 2020, even better.

Edited by UKresonant
#2 was gibberish,savings tax clarity

Share this post


Link to post
Share on other sites

I checked you posting history and it appears you are on the last one year entry from a OA visa and are asking about extending that last entry for 1 year at immigration.

Since it will be your first extension of stay application you will not be required to show a full year of transfers from abroad.

1. Yes

But you may need to show proof of the source of your income. The rules state your income can be from a pension, investment or savings.

2. There is no requirement for the transfers to be done on the same day every month since that would be impossible since banks do close on holiday and weekends. As long as transfers are shown to be coming in on a regular basis every month they will be accepted.

3. You will need proof that the transfers came from abroad. Are your transfers shown as being international transfers?

You funds being sent via transferwise will not  be a problem but you will need proof the came from abroad.

I suggest you concentrate on your last few transfers to insure you have they came from abroad. 

Share this post


Link to post
Share on other sites
Posted (edited)

Yes I definitely have an OA Visa. I am now in my second year in Thailand, having left and returned to the country just before my visa expired.

 

I will have  a full year of transfers into my Thai bank by the time I come to extend. I have checked my bank statement and it simply says "TN" beside each transfer. I assume this does not indicate that it came from the UK. I can show Transferwise documentation for each transfer but not sure if that will help.  I will from now on select the new option provided by Transferwise to show funds for long term stay in Thailand. However this will only show for the last 5.

 

Surprised to hear I am not required to show a full year of transfers. Is this because they are lenient on the first extension ?

 

clipping from my Krungsri statement attached

 

krungsri .png

Edited by britishjohn

Share this post


Link to post
Share on other sites

I think TN may mean transfer in. I am not all familiar with all the various codes used by the banks since it varies from bank to bank.

I suggest you ask the bank for a credit advice that will detail what type of transfer it is. Is that a online statement for your account? One done by the bank may have more detail.

It is written in the police order that for the first extension of stay only one transfer is required for the first extension application. They wrote it that way since many people applying for the first extension would only have a 90 day entry from a non-o visa entry.

Share this post


Link to post
Share on other sites
10 hours ago, UKresonant said:

Similarly the 65k+/month and the Balance of the 800k in a Thai Bank can be used if the IO in the office has the understanding, I think that could be in a Krungsri  £ FCD.

So 70x7 + e.g £8600 (x36fx) SWIFT into the FCD to make the 800k total.

Please ignore #2 above!

Someone will perhaps have a Combo recently and confirm? The transfers coming from savings made in the previous calendar year is ideal perhaps, whilst showing a legitimate source as secondary proof. If you had a second savings account for all the transfers spaning 2020, even better.

Regarding the combo-method. It depends on where in Thailand you're staying. The word in Chonburi is that the combo-method is denied. 

Share this post


Link to post
Share on other sites

I transferred in another 70k today, this time choosing the Transferwise option "long term stay in Thailand". However my online statement looks the same with the code TN, which apparently stands for "Transfer Deposit No Book". I'll have to call into the bank and ask whether they can provide more detail.

Share this post


Link to post
Share on other sites
Posted (edited)
2 minutes ago, britishjohn said:

I transferred in another 70k today, this time choosing the Transferwise option "long term stay in Thailand". However my online statement looks the same with the code TN, which apparently stands for "Transfer Deposit No Book". I'll have to call into the bank and ask whether they can provide more detail.

What bank in Thailand? I always get FTT in my bank book at Bangkok Bank using TW.

Edited by Max69xl

Share this post


Link to post
Share on other sites
9 hours ago, ubonjoe said:

I checked you posting history and it appears you are on the last one year entry from a OA visa and are asking about extending that last entry for 1 year at immigration.

Since it will be your first extension of stay application you will not be required to show a full year of transfers from abroad.

1. Yes

But you may need to show proof of the source of your income. The rules state your income can be from a pension, investment or savings.

2. There is no requirement for the transfers to be done on the same day every month since that would be impossible since banks do close on holiday and weekends. As long as transfers are shown to be coming in on a regular basis every month they will be accepted.

3. You will need proof that the transfers came from abroad. Are your transfers shown as being international transfers?

You funds being sent via transferwise will not  be a problem but you will need proof the came from abroad.

I suggest you concentrate on your last few transfers to insure you have they came from abroad. 

@ubonjoe

 

You said "Since it will be your first extension of stay application you will not be required to show a full year of transfers from abroad." My extension of stay is due for renewal in December though I usually do it in November. Mine will not be a first renewal like britishjohn's but will be my 8th. I didn't get started doing the 65k transfer until March of this year after the US consulate stopped doing income letters. I'll be doing the extension in Chiang Mai, as usual. Do you see any problems with the less than 12 months transfer for the renewal? If so, I can always hop back to the US for a new visa but would just as soon not.

 

Thanks

 

David

 

Share this post


Link to post
Share on other sites
2 minutes ago, onera1961 said:

Unless it is in one of their partner bank, (Bangkok and kk bank), selecting long term stay in Thailand option does not change the transfer code, I think

Sent from my JKM-LX2 using Thailand Forum - Thaivisa mobile app
 

You might be right. 

Share this post


Link to post
Share on other sites
8 minutes ago, Genericnic said:

You said "Since it will be your first extension of stay application you will not be required to show a full year of transfers from abroad." My extension of stay is due for renewal in December though I usually do it in November. Mine will not be a first renewal like britishjohn's but will be my 8th. I didn't get started doing the 65k transfer until March of this year after the US consulate stopped doing income letters. I'll be doing the extension in Chiang Mai, as usual. Do you see any problems with the less than 12 months transfer for the renewal?

If I recall correctly Chiang Mai is honoring the memordom that states offices should accept less than 12 months of transfers this year since it would be impossible for people to meet that requirement.

Just be sure you can prove the transfers came from abroad and you should have no problem.

 

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...