Answereda year ago
Does using Wise for a 65k deposit with SCB indicate a foreign transfer?
Has anyone use SCB for the 65k deposit monthly.....does the statement shows it's a foreign transfer when using Wise (option for long term stay) ? TIA
Answer summary
The inquiry about whether SCB displays foreign transfers on statements when using Wise for the required 65k monthly deposit received responses indicating that transfers are coded as FET or FTT if the correct option is selected. However, some users suggest that SCB is not reliable for this purpose, recommending Bangkok Bank instead as a more dependable alternative for long-term stay financial requirements.
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Andy ************
No, it doesn't work with SCB. Reports suggest Bangkok Bank is the most reliable. I've used this method through Wise for about six years and it's worked every time
Graham ******
@Andy ***********
Why do you say it doesn't work?Andy ************
@Graham *****
The OP has asked the same question in the Wise Solutions Group and has been advised by other members that Bangkok Bank is the only bank which shows Wise transfers as International, although as Keith Baker has indicated, Kasikorn may also be consistentKeith *******
@Graham *****
With SCB using Wise it doesn't show as an international transfer. Wise use Bangkok Bank and Kasikorn to bring money in. If they transfer to another bank it becomes a domestic transferBetty *********
@Keith ******
thank you .Keith *******
@Betty ********
No it's not necessary to come from a pension. Immigration just want to see that 65k has been transferred from overseas each month.Betty *********
@Keith ******
not especially your pension country then ? I thought it had to prove your pension income ?Keith *******
@Betty ********
It has to show as an international transfer, so it would be from an overseas bankBetty *********
@Keith ******
I thought it had to be from a bank abroad ( home) .
Greg ***********
It will be coded FET or FTT as coming from abroad, if you tick the correct reason. There is only two option with WISE
Kevin *********
@Greg **********
solid response!Activity
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