Does the 'Trade Finance Deposit' notation indicate an international deposit to Kasikorn Bank?

To have a wise transfer shown as an international payment there is a process to follow:

1. Your domestic bank to your Wise account (this will be the account that uses your domestic currency such as GBP/Euro/USD).

2. Wise account to Thailand account.

3. During this process you need to select the appropriate transaction options from the drop down menu (i.e. purchase property) and write an appropriate reference in the free text box (property details/visa details and so on).

Any other method using Wise is akin to a simple currency exchange process and cannot be shown as international as the precise routing isn't defined although you will be able to see which Thai bank converted the funds to Thai baht.

Apparently if app changed to Thai language it reads International Transfer in Thai.

It might help to keep each inividual transaction receipt from wise , showing exact amount ,date etc ?

Yes that's the kasikorn wording for international transfer

Following the news about WISE transfers from abroad, I have noticed more and more people complain that the transfer doesn't show as coming from abroad any more, despite choosing the correct "reason" on the WISE website ("funds for longterm stay in Thailand" or "property purchase"). I reckon everybody should discontinue using WISE and do a direct SWIFT transfer from your home bank to your Thai bank account

Yes that's the correct coding for Kbank

There is going to be a lot more business going the way of Visa agents shortly!

F

Ask Kasikorn for a copy of the Credit Advice. That will show the source of funds.

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