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BANGKOK 16 January 2019 06:49

skatewash

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About skatewash

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  1. I think I meant to convey by my comments that what one might get from an embassy isn't exactly what I would call a reference. It's more like an address confirmation. Such an address confirmation could probably be obtained for less effort and certainly less money from your local immigration office (residency certificate for 0-500 baht). Possibly they might even be satisfied to see a Tabian Bahn (Yellow house registration book) and/or a utility bill addressed to you from such as PEA, CAT, etc.
  2. That's a good thing as Kasikorn means Farmer in Thai
  3. I think it's possible you are overvaluing the embassy letter. I wonder if the sort of letter one gets from an embassy for the purpose of getting a driver's license (in lieu of a residency certificate issued by immigration) would suffice. In other words, I don't think your embassy has to swear to your sterling character and say that they would trust you to keep the crown jewels overnight, it may be sufficient for the embassy to say this person showed a valid passport and this is his address. I wouldn't necessarily call that a reference, but the bigger question is will the bank accept this sort of thing as a reference.
  4. 30 days in advance is the general maximum countrywide as I understand it but some immigration offices (Phuket is one) will do them up to 45 days early. Phuket didn't ask me why I was doing it 45 days early, but some will ask for a reason (like planned travel or something like that). Certainly 30 days is early enough. Two weeks is probably early enough. I don't understand why someone would go with only a few days remaining, though. Maybe they enjoy the suspense?
  5. Another thing to worry about. If you use a small branch it's possible that the bank letter and certified bank statement might take overnight to process. (Actually I think the guy who has to sign off on the letter isn't always there, maybe only checks in once a day, who knows?) In the Krungsri Bank branch I use, I have to ask for the letter and statement one day in advance. Then I come back when the bank opens the next morning and get the letter and statement and then go off to Phuket immigration to apply for the retirement extension. So for me, my letter is only one or maybe zero days old depending on when they date it. Never been asked at Phuket Immigration to show activity (the bank balance) on the day of the application, although I understand this is required in other offices, e.g., Bangkok. This is one of the reasons I always apply for my extension between 30 and 45 days early. Just in case something goes wrong. So far, it's never happened.
  6. Yes, I've never understood this "requirement" because surely the fewer entries in the retirement account the easier it is to see that the balance has never dipped below the threshold. Having an account to show them more activity and the paying of day-to-day expenses should overcome any problem in this regard. I guess the issue is wanting to know how you support yourself in Thailand, and this second account with more activity in it supposedly gives evidence to support the conclusion that you are not working in Thailand (although, what kind of evidence can you really present that "proves" you aren't doing something?).
  7. I don't bank at Kasikorn so no comment about their policies. However, I do bank at Krungsri and one can get a 4-month statement for 100 baht, from one's local bank. My understanding is that most banks only have 6 months of customer account information available at local branches, beyond that the request has to be handled by the headquarters, which may increase the price and delay when the statement is available. It's possible that at Kasikorn 100 baht is the minimum charge for a 1-month statement. You might want to ask the cost of a statement for the last six months. You may find that is is also 100 baht. Possibly you could visit the bank at the end of June and get a six-month statement from 1/1/2019 - 30/6/2019 for 100 baht and then visit the bank again at the end of December and get a six-month statement from 1/7/2019 - 31/12/2019 for another 100 baht. Possibly Immigration will require you to get a 12-month statement within 7 days of your application. I don't think we know how it will work out yet. If so, I think you might find that Kasikorn will give you a 12-month statement for less than 1,200 but you may have to wait to pick it up at the local branch as it might have to be done at the headquarters and forwarded to the branch.
  8. You seem to know something that I don't know. How do you know the bank letter will prove that the monthly deposits were made by international transfer and above a minimum threshold. There are a number of people on this board who seem to think it's very likely that the bank letter for the monthly deposit method will be exactly the same as the bank letter for the seasoned lump sum method. If you're not familiar with the bank letter as it currently exists, let me share my experience having used five bank letters from two different banks (Bangkok Bank and Krungsri Bank). My bank letter states the name of the account holder, the account number, the balance as of the letter date, date of the letter, the signature of an authorized bank employee, and bank stamp. Note that it does not contain any information whatsoever that would establish that I have maintained a balance of greater than 800,000 baht for a period of three months. That evidence is supplied solely by a required bank statement of at least three months duration. I also have the bank passbook with me when I apply for my retirement extension. The monthly deposit method could, in fact, utilize this same bank letter. In that case, the proof of compliance with the requirements would be borne entirely by a 12-month bank statement signed and stamped by the bank. Visual inspection of the bank statement by the IO (as is done currently for the seasoned lump sum method) would determine if the requirement of monthly deposits above a certain threshold from international transfer has been met or not. I have no idea whether the way you think the letter will be written is right, or the way I think the letter will be written is right. How do you?
  9. Maybe the following will be helpful advice for those who find themselves needing to send monthly international transfers from the US to Thailand: -- https://thefinancebuff.com/free-international-wire-transfer-fidelity-vanguard.html
  10. Hopefully, the bank calls you when the statement is available or gives you a date when you can go to the bank and pick up the statement and get the bank letter at the same time so at least all the documents have the same date. You would possibly be able to go to immigration that same day or the next day. In Phuket that has been acceptable, that is, they will allow bank documents to be at least a day old. I have heard it's different in Bangkok but that may be because the banks and immigration at Chaeng Wattana are almost colocated. That's not the case in Phuket. I've heard that bank documents are supposed to be good for 7 days but have not tested that personally. In my case, I use a small branch bank so I actually have to request the bank letter and statement one day in advance and then return the next morning to pick them up. I then take them to Phuket Immigration so they are at that point up to 1 day old. I should mention that I am getting only a 3-4 month bank statement as I use the 800,000 in the bank method. My understanding is that banks typically can only issue you a 6-month bank statement locally and that a request for a 12-month statement has to be forwarded to the headquarters office in Bangkok. I don't know because I only need 3-4 months for my application. The timing will be tricky, I imagine. It may require two trips to your bank to get everything together. I guess we'll see as people start to do this in the next few months.
  11. I may be wrong about this but my IO has never expressed an interest in where my 800,000 baht comes from. I'm not sure for the money-in-the-bank (for a 3-month seasoning period) method that it has to originate overseas or more accurately that they check this. To be clear, mine does originate overseas but I don't believe I've ever shown the IO anything that shows this. In any case, it appears you're taking a belt and suspenders approach to getting your extension (by meeting the requirements of both methods). As someone else on here has said the money-in-the-bank method is really the gold standard for getting extensions of stay in that it's the easiest one to show and everyone (applicants and IOs) has experience with doing it. Additionally, nothing about that method is changing this year. You may find that when you go into the IO and the officer sees that you meet the requirements for the money-in-the-bank method (800,000 for three months) he may insist on using that method because it's easiest for him to verify. Much easier to verify the balance doesn't drop below 800,000 for three months than that all the monthly international transfers have occurred as needed over the last year. Also, this year, 2019, most applicants aren't going to be able to technically meet the 12 months of deposits and are going to have to be granted some leeway in meeting the requirement with fewer months than are actually required. Given that if you do what you plan as stated above I would think the IO would go with the method that you completely satisfy rather than using the new monthly transfer method for which you would have to be granted relief for not having the full 12 months. If it were me, I think I would go with the 800,000 in the bank method in 2019 and if you wanted to in 2020 when all the dust has settled on the new method give it a try then. All the kinks should be worked out by then. The format of the bank letter that immigration wants to see. The understanding of which transaction codes are acceptable for proving an international transfer. Whether there's any flexibility for missing a single monthly transfer, whether it has to be over 65,000 baht per month or whether it's acceptable for only the average to be over 65,000 baht per month. Lots of unanswered questions that should have answers by the time 2020 rolls around. In any case, nothing wrong with what you're planning to do, but maybe a bit of unnecessary work mucking about with the monthly transfers. I believe everyone is expecting there to be no changes in the tried-and-true money-in-the-bank method, at least I am
  12. Because of that very problem (possible combined entries) Phuket Immigration requires us to obtain a bank statement covering a 3-4 month period from our bank. Cost is about 100 baht. This is for proving the seasoning period for a retirement extension. I imagine you could obtain a bank statement covering a 12 month period but it might have to be requested from the headquarters office of your bank as most banks in Thailand seem to only keep the latest 6-months worth of information at the local branch.
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