How much proof of funds for Thailand?

Proof of Funds for Travelers Visiting Thailand

When planning a trip to Thailand, it’s important to ensure that you have sufficient financial means to support yourself during your stay. For visitors who intend to obtain an on-arrival visa or transit visa, proof of funds is a mandatory requirement.

According to the Royal Thai Embassy, on-arrival visa holders and transit passengers must demonstrate the following minimum amounts:

• Individuals: 10,000 Thai Baht (approximately $350 USD)
• Families: 20,000 Thai Baht (approximately $700 USD)

These funds must be readily available and should be in cash, traveler’s checks, or a pre-paid travel card. Credit cards are not accepted as proof of funds.

Why is Proof of Funds Required?

Proof of funds serves as evidence that visitors have the financial resources to cover their expenses while in Thailand. It helps prevent financial difficulties and ensures that visitors can sustain themselves without becoming a burden to the country.

Consequences of Insufficient Funds

If you fail to meet the proof of funds requirement, you may be denied entry into Thailand. You may also face difficulties obtaining a visa or extending your stay if you do not have sufficient funds to cover your expenses.

Meeting the Proof of Funds Requirement

To meet the proof of funds requirement, you can:

• Carry the required amount in cash.
• Purchase traveler’s checks or a pre-paid travel card.
• Provide a bank statement or credit card statement showing a balance that exceeds the minimum requirement.

Additional Tips

• It’s advisable to carry more than the minimum amount to cover unexpected expenses.
• Consider purchasing travel insurance to protect yourself against unforeseen circumstances.
• Inform your bank or credit card company about your travel plans to avoid any potential issues with card usage.

By ensuring that you have sufficient proof of funds, you can avoid any inconvenience and ensure a smooth and enjoyable trip to Thailand.