What are the best banks and methods for online money transfers to Thailand as an expat?

One of the requirements for immigration department is, to show proof of the funds comming from overseas. Wise autoconvert the funds but still show the annount of Dollar used.

send in bath cheaper

I just did the 800 k transfer from wise to bangkok bank 2 days ago. Went in within 4 hours. Paid 141 usd in fees.

Use Wise, I just did the 800k transfer in March. Worked fine

You just need a uk address and uk number, relatives house and borrow their number for the otp one time password to get set up. I’ve just opened 2 uk accounts from Thailand to take advantage of the switch bribe banks do.

You just don’t put your Thai phone number on when filling out the info online.

You can use any uk bank through wise, you open up a wise account from the uk if your not there, by the same principle, with a registered address from a relative to say that’s where you live. Make a small transfer to check it works into your Thai bank then it’s done.

Take a look at Revolut. You can hold balances in different currencies, get a debit card, exchange currencies at a rate better than Wise, hold money in vaults - currently paying 3.44% AER calculated daily. You can also buy crypto and precious metals, should you wish. Direct debits can be arranged. Worth checking out. Works for me.

Do you mean Smile at the Co op by any chance ? The "internet" bank that has become more like telephone banking and a real pain to do anything beyond simple stuff with.

Natwest facilitates international transfers to Thailand.. benefits are you can arrange them using your internet banking when you are overseas.. and there is zero charge if you opt for the standard 3 business day processing.. eg. transfer instructed on Monday before 3pm UK time and money reaches your Thai Bank account on Thursday at latest.. or sometimes even Wednesday.. the only drawback is that the online system limits you to a maximum transfer of GBP £10,000 per instruction.. so if you're moving a higher sum than that you need to stagger it over separate days.. unless you are still in the UK and go into a branch to give the instruction in person.. I'm not sure but there may be a way to circumvent this limit if you talk to the bank before leaving the country.. otherwise you are stuck with it I'm afraid.. but it's a minor compromise imo given it's otherwise a free service.. though bear in mind the receiving bank in Thailand will almost certainly levy a processing fee.. eg. Bangkok bank charge a minimum 200bht and a maximum of 500bht.. but still relatively cheap compared to some fx services.. and the exchange rates are also very reasonable viz-a-viz alternatives.. which tend to bury 'hidden costs' in the exchange rate to avoid disclosure.. so simple, accessible, cost-effective, and reliable imo.. hope this info is helpful to you my friend

Natwest

Yes use Wise.

I transfer from my uk banks to wise then wise to thailand had trouble with santander blocking my account so now have payments go straight into wise

HSBC was cheapest I could find last year for my 800k.

I use Nationwide but they don't do foreign bank transfer so will arrange for both pensions to transfer to Bangkok Bank branch direct .Payment are separate days of each month.

@Hathaway ************

tell us your bank please

I face the same predicament next year, Santander no good for me in Thailand, I will probably go HSBC and use wise for transfers

Wise ok for those as long as you and Wise process correctly, send a small test amount first to ensure its "international"