Proof of funds to enter Thailand visa-free: what does "well-known credit cards, which are honored in Thailand." mean?
As the French citizen, I can enter Thailand without a visa. According to the Timatic database, which I access through IATA, the entry is conditioned upon whether I can provide a proof of funds. Specifically, Timatic says:
The following should be taken into account even if holding a Visa: Visa exempt visitors older than 12 years must hold sufficient funds to cover their stay (at least THB 20,000.- per person or THB 40,000.- per family). Proof of funds includes Letters of Credit, vouchers, Miscellaneous Charges Orders (MCO) or well-known credit cards, which are honored in Thailand.
What does "well-known credit cards, which are honored in Thailand." mean? Does it mean that if I have a credit card that works in Thailand and allows me to withdraw over 20k THB then it's enough to prove I have enough money? If so, how do they check it allows me to withdraw over 20k THB?
Best Answer
I guess this is to filter out people who only carry local card systems' issued cards, such as Russian Mir or Israel's Isracard which can lead to effective unavailability of funds as there's no places or ATMs that accept those.
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How much bank balance is required for Thailand visa?
The saving account should have a balance of at least 700 USD per person or a credit card statement that has 700 USD per person or a forex card that has 700 USD per person. For multiple-entry visa, bank statements of last 6 months with a minimum current balance of Rs. 4 lakh are required.Is bank statement required for Thailand visa on arrival?
Proof of Sufficient Funds Your financial details must: Include a copy of your most recent bank statement that clearly displays your full name. Print screens of bank accounts that don't show traveler's name will be rejected. Bank statements must be from the most recent month (six months for multiple-entry visa)What are the documents required for visa on arrival in Thailand?
Documents Required for Thailand Visa on ArrivalPassport having a validity of at least 6 (six) months. Confirmed return ticket. Passport-sized photograph. Proof of accommodation in Thailand.How much money do I need to enter Thailand?
Most tourists come to Thailand and get a visa on arrival (technically a visa waiver) so will be required to hold 10,000 Baht. This money can be in an equivalent foriegn currency, but it must be in cash \u2013 no credit cards are accepted as proof of funds.How much $$$ MONEY to enter Thailand? 2022
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Answer 2
If requested, the proof of funds must be provided in cash or traveler's checks.
1) there are usually no ATM's before the security/immigration arrivals checkpoint.
2) The proof of funds/POOT usually used to flag people who live on tourist visas or are suspected of working Illegally. Most tourists will not be affected by this.
Answer 3
In general, to show that your cards have a certain credit line available, you can show a statement (bill) with your remaining credit limit on it.
To be more formal, you can request from your bank (online from mine) a "credit reference letter". They will mail a letter which describes your credit limit, current balance, average or maximum balance, and state your account is open and in good standing.
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