How can I pay for a second-hand motorbike in Thailand without withdrawing cash?

Feb 28, 2024
10 months ago
Martyn **********
ORIGINAL POSTER
Another dumb question but one my dumbness needs an answer to.

I'm planning to buy a second hand motor for a decent amount of coin. How do I go about paying for it through my bank account without withdrawing a large amount of cash?
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TLDR : Answer Summary
To pay for a second-hand motorbike without withdrawing large amounts of cash, you have several options. You can use your bank's mobile app to make a direct transfer, possibly increasing any daily limits if needed. Alternatively, you can obtain a cashier's cheque from your bank. Other methods include using QR code payments via banking apps like Kbank or considering offshore transfer options if relevant. This approach helps avoid handling large cash sums.
Tom *********
What you're describing is called a loan! If you have assets offshore an ACH or ABA transfers from your home country are cheaper than a bank wire transfer. Set up a foreign exchange account with a company like Wise and you'll have several options.
John *******
@Tom ********
A used motorbike in Thailand​is not a lot of money!
Tom *********
@John ******
Yes and a new one is quite reasonable. My Thai lady friend just bought a new one online for her daughter in university. The price included delivery to Nakon Pathon from BKK.
John *******
@Tom ********
I believe it!
Aake **********
@Tom ********
đŸ¤£
Puggs **********
OMG really.......

It's called a bank transfer and you use the banks mobile phone app to transfer money from your account in to the recipents accountant.
Martin *****
I payed my bike by QR code (kbank) by my smartphone
Peter *********
John **********
Alternatively just get a cashiers cheque for the amount from your bank
Martyn **********
ORIGINAL POSTER
Stuart *********
Your bank should have a phone app that you can do direct transfers from. Some will have a per day limit (which you may be able to change).
Martyn **********
ORIGINAL POSTER
@Stuart ********
Thanks. I do have the app, but, I'm not too familiar with it. It does however give me one option. Cheers.
Stuart ***********
@Martyn *********
I bought my car the way Stuart suggested. I had to increase the daily limit to cover the amount, but it worked with Bkk bank. Failing that, I think you can go into your bank and get some sort of payment mandate to cover the exact amount (apologies I don't know what it's called, it seems such an old fashioned method), but the bank will charge you for the service.
Martyn **********
ORIGINAL POSTER
@Stuart **********
Which icon on the bank app do I pay through and how do I access/change my daily limit?
Stuart ***********
@Martyn *********
you need to go to SETTINGS, then find change daily amounts, there should be one for TRANSFERS.

You pay by either transferring to their bank account using account number and sort code or if they have a QR code, just scan that.
Martyn **********
ORIGINAL POSTER
Martyn **********
ORIGINAL POSTER
@Stuart **********
Cheers Stuart. Bangkok Bank is my bank as well. I'll go the way you two have suggested. Thank you.
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