How can I ensure my Wise fund transfers are tagged as international for visa extensions in Thailand?

Sep 21, 2024
2 months ago
Nick ************
ORIGINAL POSTER
I know that this topic has been discussed at length over the last 2 or 3 days but I have spent the last two sorting out with Wise how to get future transfers tagged as international. The information I have got could still be of use to people who rely on this for their visa extensions. I have posted it elsewhere but it has got lost in very long threads.

I contacted Wise and asked why the option long term stay had been removed. I got my Bangkok bank account tagged by supplying its details to Wise. I was then given the following information about how to get transfers tagged international. I tried three transfers two of which have only just appeared in my account. I hope this post gives some relief to people who are concerned..
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TLDR : Answer Summary
This discussion centers on how to ensure that transfers made to Thailand via the Wise app are tagged as international transfers, which is crucial for visa extensions, especially for Non-O visas. Users share their experiences of tagging their Bangkok bank accounts and attempting different transfer options (e.g., 'personal expenses', 'purchase of property') to achieve the correct tagging. The conversation highlights concerns about Wise's options for declaring transfer purposes and provides insights on how to manage funds correctly for immigration requirements.
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Von ******
So my experience with Wise is that I had one go through onto my BKK Bank as International and one as Other…

Both from same account funds in my home country. 🤔🤷🏽
Nick ************
ORIGINAL POSTER
@Von *****
did you use the same reason for transfer?
Von ******
@Nick ***********
to be honest I can’t remember, what is the consensus or benefit to have it listed as International Transfer?
Nick ************
ORIGINAL POSTER
@Von *****
if you are to obtain an extension of stay based on marriage or retirement then 12 monthly transfers of 40k or 65k baht are required to qualify. It must be clear to immigration thatThese transfers came from overseas and not from Thailand. Some transfers are moved to a partner bank who then transfers them to your bank. These show as interbank transfer and are thus not acceptable.
Von ******
@Nick ***********
rogee! That makes sense. Will keep that in mind for next year
Andy ********
Thanks, so we can use Wise to transfer the 800K baht for Non O visa?
Nick ************
ORIGINAL POSTER
@Andy *******
should not be a problem to one of the three partner banks but others are limited to
*****
baht as in the photo. You might want to do it in a number of transfers.
Andy ********
@Nick ***********
great, thanks Nick
Andy **********
Good info 👍🙏
Ian **********
So their solution to the problem is to get you to tell lies! Disgraceful behaviour from a financially regulated company.
Nick ************
ORIGINAL POSTER
@Ian *********
it looks like a false declaration is not required now that the dust has settled so all is good.
Ian **********
@Nick ***********
So have they replaced the option?
Nick ************
ORIGINAL POSTER
@Ian *********
no, it is now possible to use one of the other given options to get the desired notation. I used personal expenses and others have reported that other works as well.
Ian **********
@Nick ***********
I've just used personal expenses and it is showing as Transfer from another a/c. I also tried 'other' and it is the same. These two transfers took seconds whereas when I chose 'buying property' it says Mon or Tues before funds arrive, and that is what I would expect.
Nick ************
ORIGINAL POSTER
Nick ************
ORIGINAL POSTER
@Ian *********
you need to get your account tagged and it must be Bangkok Bank or Kasikorn by chat or email with Wise. Then I beleive all the options listed will most likely result in international transfer.
Tony *********
Tony *********
Thanks for update.

I have also now had my account tagged. When I wrote to them I asked for all options to be tagged but they haven't specifically addressed that in their reply so my thoughts are that once your account is tagged I don't think it matters what option you choose from the list but common sense tells me to use 'Personal Expenses' because that's most apt given that it's for day to day living expenses.

I just hope it works when I do my next transfer.

I will continue to use Wise for now but will be asking my local office about this situation because Revolut are offering better returns now. Once I have clarification from my local office I will know if any other options are possible.

I do think Wise should have sent out a generic email about these changes prior to making them 🙄
Michael ********
So are you using the 'purchase of property' to transfer funds as I have used this option and had no problems but I have just purchased a Condo.

When I want to transfer my pensions across is it best to use that same option or is there another one ?
Nick ************
ORIGINAL POSTER
@Michael *******
personal expenses worked for me after I had contacted Wise and got my bangkok bank tagged. I don't know about the other options.
Michael ********
@Nick ***********
cheers I will try that option when I next transfer some money over to my Bangkok Bank.
Glenn *****
I am still looking for someone to verify if the "purchase of property" option works WITHOUT tagging
Nick ************
ORIGINAL POSTER
@Glenn ****
it is easy enough to get your account tagged. It has nothing to do with the Wise tag.
Glenn *****
@Nick ***********
I still want an answer
Nick ************
ORIGINAL POSTER
@Glenn ****
sorry but I can't answer that for you. Try a small test transfer to check it out.
กะลาสี *****
Thank you very much for sharing this! 👍
John ********
So their support is telling you to lie?
Nick ************
ORIGINAL POSTER
@John *******
that is what I have just questioned them on but personal expenses would not be an issue. I suppose you could say you were saving up to buy a house if it came to it.
Peter **********
@Nick ***********
or even paying for a Mortgage on a house ?

Still is ‘Purchase of Property ‘
John ********
@Nick ***********
once your account is ‘tagged’ for international transfers then it doesn’t matter which choice? Is my understanding correct?
Nick ************
ORIGINAL POSTER
@John *******
that may be the case but I have not yet tried all the options to find out. However, Wuse have said that they can not gaurantee international tagging with any option.
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