Can I use the SWIFT code for Bangkok Bank to transfer money from North America?

@Ivan ***********

I use mobile app and have account. Is there a different ?

@Vince *********

Kasikorn can give you a document with the detail of your transfer from abroad if you ask them.

@Vince *********

its only an issue if you need to make a large purchase eg. A condo. Otherwise its just your money from your home country to your Thai account.

@Bobby *******

agreed, but I've decided theres no advantage getting a long stay visa because the longest stretch for me in Thailand is 4 months and so TR visas are all that I need

@Bobby *******

that’s fine. Just open the account to check the box. There’s absolutely no excuse to limit yourself much less overpay for banking when there are so many options.

@Da**

the fee is quite a bit higher than that, it's 100B+2.5%. This is standard with most Thai bank cards, I suspect it may be a limit set by the Bank of Thailand but most cards stick to this. The Bankgok Bank UnionPay card is 100B+2.5%, but so are the other Bangkok Bank cards, they are the same.

Gregory Johnson. You pay an extra 100 baht for the mastercard

@Steve *********

. Moreso saving face. They'd prefer to deny it exists rather than admit they don't know how to do it for you. I've experienced exactly this when I set up internet banking with Kbank.

1. Called them and they told me to go to branch to activate it.

2. Went to branch and was told 3 times by tellers that it wasn't possible.

3. a supervisor walked past and overheard the conversation.

4. 5 minutes later I had internet banking done by supervisor on my own mobile phone, after she made one call to the internet dept 10 meters from where we were standing inside the bank...

@Gregory ********

I got it when I my account, you do get some dickheads on a power trip unfortunately .

@Gregory ********

it sure is. I think another branch will sort for u. A least you got an account. Bangkok bank was the third bank I went to . Others did not want to know. They just kept saying things have changed in Thailand. Bullshit they need our money like everywhere else

@Jo***

to take the example of SEK- 250k with Wise gets you 906,025B. Bangkok Bank's current TT rate for SEK is 3.. So converting to THB, that's 900,625 - 500B Thai-side wire receive fee = 900,125. So you get 5,900B more with Wise, even if the Swedish bank charges nothing at all.

Now it's possible that your home bank has some arrangement where they do the conversion into THB cheaper. But this is very unusual if so.

It was the case, a year or two ago, that what you say was true for many currencies, for larger amounts a direct bank transfer WAS better. But I would check again for your situation, as Wise have significantly reduced their rates.

@Gre****

to be specific, there is a specific restriction on the Bangkok Bank online banking if you get it on a tourist visa, namely that you can't make international outward transactions with it (need to do on paper at a branch). But that's as far as I'm aware the only restriction, and they can configure the online banking so it lets you do *everything else* (domestic transfers, bill pay, top-ups, payments, etc) just without the international banking. It's a flag when they set up the account. So if you press, you may be able to get it.

@Gregory ********

- just to let you know I also use Wise.

It's brilliant has up to the minute live market rates.

What I do is set up a transfer having checked the rates...I then take it if I think it will go down on the day...I check how long they are guaranteeing the rate and I select the option 'make bank transfer later'....if rate goes up within the time frame I take another at the point of wanting to complete and cancel the earlier one...this gives me basically more money especially if the transfer is a fair bit.

If you do it this way its the cheapest in terms of their fees. So to be clear it is set it up but use I'll transfer it later and when you are ready to complete you transfer from your bank account into Wise account...its that simple.

I also have a BKK account and intend to look into other options when I return but tbh if you take the cash out you need for the day it's not a problem apart from security...this is why I will try and get an app/online option when I return 👍🏼

@Gregory ********

yes