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Answered7 years ago

How can I ensure correct fund transfer documentation for my Thai visa extension using TransferWise?

Adrian ******
asked Jul 31, 2019
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So how many people have been buggered by transferwise using a different bank this month for there monthly amount to gain there extension based on 12 months foreign telegraph transfer. Hands up ?
Answer summary
Many expats are facing issues with TransferWise not providing the correct labeling for international funds needed for visa extensions in Thailand. It appears that using only Bangkok Bank with the correct sending reason 'Funds for Long Term Stay in Thailand' ensures the proper documentation, unlike transfers made to other banks which may not provide the necessary verification for visa purposes.
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Joe ***********
Joe ***********
If you want correct information about TransferWise - then.

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Joe ***********
Joe ***********
To get the proper International Label on a TransferWise Funds Transfer you MUST use Bangkok Bank and the TW Reason for Sending Option "Funds for Long Term Stay in Thailand. The FTT code will appear in the updated printout of your Bangkok Bank Bankbook.

This Does Not work with other Thai Banks. If you insist on using another Thai Bank with TransferWise (or vice versa) you will end up chasing documents - going to the first TW Partner Bank to get a Bank Letter based on computer data that is normally used to create a FET form

Foreign Exchange Transaction Form.
Adrian ******
Adrian ******
OP
Last person out slam the door please lol
Sammy *******
Sammy *******
i just made another transfer today on TW to my bkk bank acct-- will let you know when it arrives how it is coded. last month's tw transfer was voded interbank via SMART.
Sammy *******
Sammy *******
well, my Transferwise transfer arrived and showed just a short while ago-- strange as any deposits ive had always arrived before 12 noon. unfortunately, just as last month, it showed as an interbank transfer via Smart. domestic transfer

my bank is bkk bank-- did others say they went to the transferring bank and were able to get a letter verifying the funds had been an international transfer??
Dianne *****
Dianne *****
Yep, there are so many of us affected by this
Bob **********
Bob **********
I believe you can get a letter from the secondary bank showing where the funds came from
Steven *********
Steven *********
@Bob *********
TMB tell me they wont as I don't bank with them. Kasikorn will even though I bank with Bangkok Bank.
Bob **********
Bob **********
@Sammy ******
well will just have to see I’m thinking things will lighten up after they ruin so many expats lives
Sammy *******
Sammy *******
@Bob *********
if the IO u have is willing to sort thru things.
Andy *********
Andy *********
They hv 2 partners KK and BB but said they use the most efficient and cost effective way and my tag will no longer work
Jos *********
Jos *********
@Andy ********
did you use the "for stay long term in Thailand" option?
Andy *********
Andy *********
I will hv to go for the 400k option this year
Frederick *********
Frederick *********
@Andy ********
oh dear, so what happens when you apply for your next extension.
Andy *********
Andy *********
@Frederick ********
I did ring before sending the second payment the following day but they still sent it interbank 😞
Frederick *********
Frederick *********
@Andy ********
I have a tag on my account, but always ring them to remind them to direct through Bangkok Bank. It’s then noted as an international transfer.
Andy *********
Andy *********
Me twice with supposed tag on to send direct to BB - instead both went via KK 🤬

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