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Answered4 years ago

Are the main Thai banks similar in handling documentation for international income for retirement or marriage visas?

Winfried *************
asked Sep 18, 2022
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Are the main Thai banks all alike in their service when it comes to documenting the monthly 65,000 income or the 800,000 from a foreign source, mostly via Wise?

Which banks are known to make it easier or more difficult for the retirement or marriage visa purposes?

Thank you.
Answer summary
The discussion revolves around how various Thai banks facilitate documentation of foreign income, particularly for retirement and marriage visa applications. Bangkok Bank and Kasikorn Bank are highlighted as the preferred choices for international transfers, especially through Wise. Users report ease of banking experiences with Bangkok Bank, while also noting the importance of the transfer method rather than just the receiving bank. Specific banking features and the ability to handle transfers over ฿50,000 are mentioned, indicating that some banks are more favorable for these purposes.
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Winfried *************
Winfried *************
OP
I think I know now what I will do. Thank you everybody for their input. Much appreciated.
Billy *******
Billy *******
Wise don't always show up as an FTT immigration needs all 12 to show this banks won't change the codes.
John **********
John **********
Best to use a bank that wise uses. That's Bangkok Bank and Kasikorn otherwise you'll need to mess about with FETs which can be painful.

Also the only banks that can accept more than ฿50k per transfer are limited by the Thai government to

Bangkok Bank

Kasikorn Bank

Siam Commercial Bank
Peter ****************
Peter ****************
Kasikorn app.
Peter ****************
Peter ****************
Bangkok bank app.
Peter ****************
Peter ****************
@Winfried ************
. With Bangkok bank international transfer is mentioned straight away with swift transfer and with Wise if you choose "Funds for long stay.....". With my Kasikorn account these transfers give some code which with some investigation is also traceable to international transfer. Other banks I don't know. But if you still have to open a bankaccount, I would prefer Bangkok bank for these transfers. Just because it's so easy to see immediately. Although for regular cases I like my Kasikorn more because of a little bit modern approach.
Phil ********
Phil ********
The traditional Swift transfer from an account in your name to the Thai bank account in your name. KrungSri bank or any other work fine once you have a local account.

I suggest you open you Thai bank account at a location convenient to where you reside.

YMMV
Colin **********
Colin **********
Is not the receiving bank thats the problem, its how the money is sent. Read this from Wise. BTW there are Wise FB group you can join.

*************************************************************
*****
35/guide-to-thb-transfers
Rob **********
Rob **********
I use Bangkok bank, they make everything easy at least the Cha-am anyway, never had a problem, been using them for years.

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