Is this the Wise app what I can use to transfer money to Thailand?
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TLDR : Answer Summary
The Wise app is generally a viable option for transferring money to Thailand, with users reporting quick and cost-effective transactions to several major Thai banks, such as Bangkok Bank, K Bank, KrungThai, and SCB. However, some Thai banks, like Government Savings Bank (GSB) and Government Housing Bank, may not support transfers via Wise, leading to some confusion among users. While many find Wise efficient over years of use, there are mixed reviews regarding the app's fees; some users highlight hidden costs, while others assert that all fees are disclosed upfront. Transaction times can vary, particularly over weekends. Overall, the app is frequently recommended for those in Thailand, though users should verify compatibility with specific banks before using the service.
did mine the other day took less than 5 minutes to my thai bank if you transfer over a weekend it can take longer I learnt that mistake so I always do Monday to Friday
Reply to
Ossie *********
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Michael *******
Yes, very efficient and much cheaper that regular banks, money usually here in minutes…used them for 7 years without issue……..
Marcos **********
I will never use this app again. It has too many hidden fees.
I got this confirmation from Thai society group that posted and just share for it again. If you can check again with Wise app as well because I know from Thai group they got a problem with GSB Bank now.
Name one Thai business bank you can't transfer money to via Wise. Don't name banks like for example Government Housing Bank or Islamic Bank of Thailand. There are also payment system upgrades going on in Thailand. That will most likely affect some smaller banks. That upgrade will probably take for ever, TIT.
I'm 100% sure you can transfer money to Krungthai Bank. GH Bank = Government Housing Bank is not a business bank,and that might be the reason.There are also payment system upgrades going on,which I guess can affect the possibility to transfer money to some banks,maybe it includes GSB,which imo isn't a business bank.
Reply to
Max *************
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Tony *********
Best solution ever ....if you want tell me to send you link to have benefis also