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JustAnotherHun

800k in bank new requirements from 01.March on?

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3 hours ago, Andycoops said:

Bangkok Bank will issue a 6 month statement at the counter of your branch for 100 baht, at least my branch does, so I get 2 6 month statements to take to IB.

That will be OK only if immigration will accept a statement that is 6 months old. 
 

I strongly suggest going in as early as possible so that if your plan is rejected (there is a good chance that it may be as most offices require bank paperwork to be dated the day of, or day before, you apply) you have enough time to order the 12/13 month statement.

 

You loose nothing by going in 20~30 days before your extension finishes.

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On 2/16/2020 at 9:34 AM, JustAnotherHun said:

So they might want to see a one-year statement even if you have a regulary updated bank book for the whole year, I guess.

But more important to me is, if one-year statement is required, you can't get it on the flight at your BKK-Bank branch?

How about Siam Commercial Bank?  KrungThai?  Other banks?

 

Plenty of folks have stated that BKK Bank takes a 1 to 2 week wait to get a 1 year statement.  There stellar customer service (eye-roll) seems to be a function of their previous monopoly on ACH transfers and Social Security deposits, at least for US customers.  They could called the shots as they were the only game in town.  Not anymore. 

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1 hour ago, sometimewoodworker said:

You loose nothing by going in 20~30 days before your extension finishes.

Unless you're changing the reason for your extension as a lot of guys are changing back from a extensions based on retirement (which immigration officials were asking retirees who are married to Thais to do in the past few years) back to extensions based on married (because who wants to play games with their finances and lock up their local funds when we're supporting Thai families).  Then I believe your extension dates are reset.  But, if I'm wrong, feel free to correct.  :wink:

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5 hours ago, connda said:

Unless you're changing the reason for your extension as a lot of guys are changing back from a extensions based on retirement (which immigration officials were asking retirees who are married to Thais to do in the past few years) back to extensions based on married (because who wants to play games with their finances and lock up their local funds when we're supporting Thai families).  Then I believe your extension dates are reset.  But, if I'm wrong, feel free to correct.  :wink:

This thread is about the retirement extension and funds for that and proof that will be or maybe required. So for that my suggestion stands. You loose nothing by going in 20~30 days before your extension finishes.

 

Changing from an extension based on retirement to a different reason is a red herring in the context of this thread.

 

If you want to add yet another thread about that feel free.

Edited by sometimewoodworker
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5 hours ago, connda said:

How about Siam Commercial Bank?  KrungThai?  Other banks?

 

Plenty of folks have stated that BKK Bank takes a 1 to 2 week wait to get a 1 year statement.  There stellar customer service (eye-roll) seems to be a function of their previous monopoly on ACH transfers and Social Security deposits, at least for US customers.  They could called the shots as they were the only game in town.  Not anymore. 

As far as I know there is no bank who can supply a 1 year statement from a branch.
 

There is a faint possibility that if you are able to visit the head office in Bangkok your waiting time could be shorter, I have no data for this.

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Going to do my extension this Friday so I went into my Kbank branch this afternoon hoping to get one for Friday, I was told I can get a 13 month of statements today if I need them but she was not sure if Immigration would accept them 5 days early, so I will take a chance and go Friday and get the bank letter, update book and hopefully get the statements

 

I have till March 3 to do my extension

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On 2/16/2020 at 10:25 AM, WorriedNoodle said:

For those with online banking (I use KBank), could we just print out our own statements instantly and save time and the cost? The statements look authentic enough, wonder if they are acceptable along with signed bank letter?

Same here with Krungsri.  Also if your retirement renewal is due in March and you can do it a month before, maybe the OI won't want to see a years statement. Mine was due in January '20 and as the change in money in the bank for the preceding year did't come in to effect util 1 March '19, the IO didn't want  years statement - only the 2 months prior.

 

Worth a try if you can do it before 1 march?

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15 hours ago, offset said:

Going to do my extension this Friday so I went into my Kbank branch this afternoon hoping to get one for Friday, I was told I can get a 13 month of statements today if I need them but she was not sure if Immigration would accept them 5 days early, so I will take a chance and go Friday and get the bank letter, update book and hopefully get the statements

 

I have till March 3 to do my extension

That is probably good news. It maybe useful to know where the KBank is (the city at least). The bank was almost certainly correct that they would not be accepted that long before, some offices want them the day of application, some accept the day previous, but 5 days early is probably not OK.

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41 minutes ago, sometimewoodworker said:

That is probably good news. It maybe useful to know where the KBank is (the city at least). The bank was almost certainly correct that they would not be accepted that long before, some offices want them the day of application, some accept the day previous, but 5 days early is probably not OK.

 

Hua Hin but I will not say any more till I see them in my hand I also think I will wait till the day I do my extension

 

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Can I ask a dumb question.

If I use money in bank method. Personally I have 1mill in FD account. So if I was attending imm for annual extension based on retirement tomorrow, what do I need show. I was thinking just bank letter and activity on day of application. 

There is new requirement?

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2 hours ago, DrJack54 said:

Can I ask a dumb question.

If I use money in bank method. Personally I have 1mill in FD account. So if I was attending imm for annual extension based on retirement tomorrow, what do I need show. I was thinking just bank letter and activity on day of application. 

There is new requirement?

When I got my 2nd one year extension at CW in October of last year I submitted 3 months of bank statements, the bank letter (2 days old), and my bank book updated that day. I use the 800,000 baht banked money method. I wouldn’t be surprised if they were asking for a year of bank statements now.

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9 hours ago, DrJack54 said:

Can I ask a dumb question.

If I use money in bank method. Personally I have 1mill in FD account. So if I was attending imm for annual extension based on retirement tomorrow, what do I need show. I was thinking just bank letter and activity on day of application. 

There is new requirement?

Tomorrow, there should be no need to show anything other than 2 months seasoning of the money... but it may depend when your extension was issued last year*. The usual recent bank letter confirming it is your account and the balance on that day, and an 'updated' passbook + copies. Updated is important, my BB will print an update line the day I put the book in the machine, which is sufficient. Some banks their machines do not print unless there are transactions.... you may need to make a transaction for the book to confirm the balance that day. Exact requirements can vary office to office. 

* Retirement Extensions based on 800k on deposit issued after March 2019 also required money to be retained during the subsequent year, confirmation may well become a requirement. 

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My experience recently with CM Immigration and Bangkok Bank:

 

1. Yes

2. Yes

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12 minutes ago, Kelsall said:

My experience recently with CM Immigration and Bangkok Bank:

 

1. Yes

2. Yes

That's what I expected.

In my case it could be more complicated because I did not show up with my bank book three month after application (I was abroad).

So, to avoid multiple visits and though I can provide a constantly updated bank book over the whole period, I'll order the 1-year-statement in my local branch two weeks before the trip to Immigration plus a 3-month-statement dated to the day of my visit.

Even the most moronic IO could see that there was far more than the required 800k at the account all year long.

 

Up to now I never had issues with my extension in Jomtien and I'm quite sure there  won't be any this year or in the near future.

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1 hour ago, JustAnotherHun said:

That's what I expected.

In my case it could be more complicated because I did not show up with my bank book three month after application (I was abroad).

So, to avoid multiple visits and though I can provide a constantly updated bank book over the whole period, I'll order the 1-year-statement in my local branch two weeks before the trip to Immigration plus a 3-month-statement dated to the day of my visit.

Even the most moronic IO could see that there was far more than the required 800k at the account all year long.

 

Up to now I never had issues with my extension in Jomtien and I'm quite sure there  won't be any this year or in the near future.

The 1-year-statement will probably be sufficient if you can go into immigration the day you get it.
 

It should be dated that day but checking with the bank on the exact way that they are produced will probably answer that question. At the moment there have been no reports that I have seen (there could be reports but I may have missed them) on the exact way that the 12/13 month report is dated or printed.

 

it is certainly possible that the branch where you get it will stamp and date it the day you collect it.

 

This is such a new requirement that quite a few details are fuzzy, not to mention the fact that every bank could do it slightly differently. 

Edited by sometimewoodworker

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