How can I transfer 800k CAD from Canada to a Thai bank account without already having one?

Be prepared that getting a Thai bankaccount may be very difficult, when you haven’t stayed in Thailand for months.

Banks in Thailand are like everywhere in the world, interested in having good stable customers, that have a permanent address, a steady easy traceable income, and use the account all year round.

That is why the banks are reluctant to give accounts to people on short time ( read: tourist ) visas, and who only spend part of the year in Thailand.

Don’t expect to get a residence certificat, until you have stayed at a permanent adress in at least 3 month, since that is what the residence certificat should confirm.

Furthermore the added attention on whitewashing of money, is an added burden on the banks, so reluctant depositing large amounts isn’t a guaranteed way to open an account.

The value of a resident certificat, had gone down, since Immigration Officers are giving them to people that are not on a longterm visa, or have stayed severel months at 1 adress in Thailand, so even if it is a formal requirement, the bank make up their own assesment of the stability of the want-to-be customer.

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Be aware there is a error in the start of the article ( and several other copy - paste media with the same article )

A Thai Bankaccount has never been a requirement to get DTV, on the contrary it has been one of the big advantage over other visa, that you could get DTV as long as you could show 500.000 Baht equivalent in any bank anywhere in the world.

It has never been the intention that DTV visaholders should be in need of a Thai bankaccount.

929?

No you’ll have to transfer it to my account first 😂

I used Wise and a year later after my 2 Visa, I transferred it back from Bangkok bank to my US Account, think Bangkok charged 1000 Baht per transfer as I split it up, figured I would just pay a little extra to my Visa agent to cover the 800K instead of transfering back and forth, reason is I am getting older and wanted my money in my US bank to make it easier for my beneficiary.

You are allowed to bring 20,000 U.S. into Thailand. Then with draw the rest from atm but you still need a bank account and harder to get now. You need a long term visa OA 1 year and lease agreement .

If you are still in Canada, and assuming you are looking at the retirement visa apply for the OA 1 year retirement visa through the embassy in Ottawa or Vancouver it will be based on you having the funds in Canada. You can also use this visa for nearly 2 years if you leave Thailand just before it expires and return.

You'll then have lots of time to find an apartment which you'll need to get a Thai bank account.

Once you open the Thai account you can transfer the funds via wire transfer. Simplii, TD, RBC etc etc all offer wire transfer services, but just make sure you have it set up on your online banking. Simplii offers international wire transfers for free

Don't do the 90 day visa because you'll be in a giant rush to get everything done when you land

So many conflicting stories on here. I don't know what to believe.

You can put in my thai bank account until you need it.dont worry I won't charge you a single baht

Interesting the comments about Wise customer service. Two observations - firstly what level of customer service do you expect from an ultra low cost technology company? Tried contacting banks, electric retailers, mobile companies lately. Sad to say, but most large companies have almost zero customer service if you are not a profitable customer.

Secondly I personally emailed WISE about a very unusual account set up I was looking to do. I had 3 Interactions via email over a period of 2 weeks. Courteous, meaningful emails. I was pleasantly surprised.

Once you have an account you can Transfer directly with cibc

Consider a remittance agent….you can negotiate the exchange rates if the quantum is big enough.

I transfer my money each month by Australian bank transfer

Either

Dont, get the OA or OX visa and keep your money at home

I used a wire transfer from my U.S. bank to my Thai bank using the SWIFT code. I did it from my phone while in Thailand but you could do it from your home country as well.

You will need to apply for a long term visa from your own Country before you can open a bank account. New rules

cheap charlie uses wise

As others have said use SWIFT. That's what I've been doing for a while now and it works great. Stay away from Wise. Their customer service, if you dare even call it that, is horrible if you ever have a problem.

Suggest you get Wise, and open an account in Thailand with SCB, Kasikorn, or Bangkok Bank, once you get here.

How can you do it from Canada if you do not have a Thai Bank account?

The easiest way to transfer all the money is by SWIFT bank to bank transfer. This also gives you an FET, foreign exchange transaction receipt, that you'll need if you ever change your mind, and want to transfer the lump sum out of Thailand in the future. With Wise transfers you can not transfer the lump sum in one transfer.

Blockchain

I presume you want to move the money so that you can use it to support a Thai retirement visa extension? First you must obtain a non O visa. That’s valid for three months after entry. You get this from the Thai embassy in Canada ( E visa application) all requirements for visa process are on the website. Once you have your visa you fly to Thailand , use your visa and any other documents required by the bank to open a Thai bank account. All banks have different requirements but with the Non O visa you will get sorted. Once you have opened your Thai bank account your transfer options are numerous , Wise, Western Union, bank wire transfer from your Canadian bank. All transfer options will have different pros and cons, some will cost more. If using funds to support visa extension then they must show in your Thai account as coming from overseas. Hope that is if some help

Wise account but yes you need an account to move it.

You can't move money till you get a bank account.