Does a Thai bank charge fees for Wise transfers and what fees are associated with opening a Thai bank account?

When I send a Wise transfer to a Thai bank account, does the recipient's bank charge them a fee?

>> Nope. Received money via Wise with a Thai bank account many times. Never need to pay a fee to a Thai bank.

Also, if I open a Thai bank account, what sort of fees are charged? Is there such a thing as a no fee account?

>> Usually, there's only an ATM fee of around 200 baht a year. But now ATM card isn't necessary anymore since you can just withdraw money from mobile banking. However, if you have a balance less than 500 baht or 1,000 baht. You may need to pay bank fee every month.

Wise to Thai bank, the sender incurs the charges which are relatively small depending on the amount sent.

Having a Thai bank account, for a standard current account there are no fees other than the ATM card. There are ATM fees however if you don't use that bank's ATM or use it outside the area in which it was issued. These fees are small approx 15B.

What about Western Union? Is that a good app for transfers to a Thai bank.

There's a few small fees here and there. Sometimes 20 baht and maybe a few hundred baht annually for the card. No fee for deposits in baht through Wise in my KBank account. Well worth the fees avoided for ATM withdrawals.

Thai banks charge a yearly fee for the ATM card. If you do not get an ATM card with the account then there are no fees. Lots of banks also have a minimum account balance requirement, but this is low enough, and designed simply to get rid of inactive accounts with just a few hundred baht in them.

Wise uses Thai banks to make the transfer, so it will look like a Thai to Thai bank transfer which doesn't have any fees.