What alternatives can I use for transferring money to Thailand after Wise removed the long-term stay option?

@Ken *******

I got my Bangkok bank account tagged with Wise yesterday and did three transfers using different reasons. Results in picture.

@Nick ***********

good to know Nick, thanks.

Hopefully, cos I tagged mine a few years ago, mine should, in theory, do the same as yours. Much appreciated, enjoy your weekend

@Ken *******

mine was also tagged 2 years ago but now that the long term stay option has been removed I would advise you to get it tagged again as I did yesterday. It seems that there may be a connection between the tag and the option chosen.

@Nick ***********

wow, cheers Nick. What a carry on innit. No need for it at all in my opinion. I suppose they have to keep updating for many reasons unbeknown to us.

@Ahmed ******

"general monthly expenses" and "personal expenses" likely would be the same, which wouldn't be an issue for general day to day expenses. Whether "personal expenses" shows up in your Thai bank account as an 'International transfer', well maybe you can let the group know. The point of the original post, is that the option "Funds for long term stay", which shows that the transfer came from overseas once in the Thai Bank account, where the other options didn't, is necessary when applying for Visa Extensions for those living long term in Thailand.

@Colin ********

from wise payments

@Ahmed ******

ok, so from what you say it shows, this option wouldn't work for Visa related matters, but ok for general day to day expenses, purchases etc

@Colin ********

it shows transfer from a/c at another bank

@Mark *******

12 x 65 = £780 so that is how much he would lose in a year by sending direct from his bank

@Kim ********

but if you show the transfer of the money from your a/c of revolut bank is not an international transfer?

@Lisa **************

yes they do. If you are a Thai tax resident and bring assessable income over 120k baht into Thailand you are required to register for a tax number and complete a tax return

@James ******

- do you do a full comparison with Wise or others at the point of transfer using the live rates because that's the only way to tell. Fees are high for Wise hence companies like Revolut top then but most of us have stayed loyal to Wise ONLY because it did show up as in international transfer thus avoiding hassle proving this with Immigration. If it's now going to be more difficult then we do need to look at competitive alternatives so what's the fees and do you make a proper comparison?

NOTE : Someone yesterday showed a Wise transfer using option to buy property and it was saying it would take about a week!

@Pat ***

oh i opened one but never added any funds lol

@Brandon ***********

he made no mention of that was a need..

@Brian ******

that's literally the ONLY reason people use Wise and the "long term stay" option

@John ********

what about SCB? Would they accept the reason to state for FET?

@Ali ***********

I'm only with Krungsri so I don't know

@Brandon ***********

I will loke to learn the difference if it shows up as domestic or international in the Thai bank account. Thank you

@Brandon ***********

sorry for breaking in. Which is the desired option, domestic or international?

@Lifeis *****

people that use monthly transfers for proof of income must be able to show their transfers are international.

@Brandon ***********

Thank you very much!!