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What are the best ways to close a bank account in Thailand and transfer funds to the US?

bank account closure money transfer Thailand to US THB to USD international wire transfer DeeMoney WISE credit union sister branches Kasikorn Bangkok Bank

Apr 2, 2022

3 years ago

ORIGINAL POSTER

Any tips on closing my bank account and sending the money to the US? I only have a credit union, so no SWIFT/IBAN code. I can't find a transfer service that will send THB to USD.

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TLDR : Answer Summary

The community discusses various methods for closing a bank account in Thailand and transferring funds to the US, particularly for users with credit unions that do not provide SWIFT codes. Suggestions include using cash for exchange, leveraging services like DeeMoney and WISE, and contacting credit unions to find possible connections through sister branches for international codes. Users share personal experiences and tips on navigating the hurdles of international money transfers.

Essie ***********

I imagine that if you ask around you can find someone interested in transferring US dollars to Baht and you two can do simultaneous transfers to avoid the bank fees. I would have loved to do this with someone when I first moved to Thailand.

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Denny ********

I have used WISE

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Alex ********

If you have too much trouble.....

Leave it....

I will pick it up in a few weeks

😁

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Peter ****************

What bank you have in Thailand

? With my app of Kasikorn and Bangkokbank as well, there is an option to send money abroad. I used it once to the Netherlands, and the money was in my Dutch bank account after about 10 hours. Don't know if there are special things needed for sending to the US/Credit Union.

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Peter ****************

Aha

, sry to hear. Pity....

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Holly ******

ORIGINAL POSTER

@Peter ***************

yes, you still need a swift code which a CU doesn’t have.

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Holly ******

ORIGINAL POSTER

@Peter ***************

kasikorn. I can try that tomorrow. Maybe I always try on the weekend when they’re closed so I forgot about that! Thanks!

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Holly ******

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Carlos *********

Cash is king, exchange it.

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Holly ******

ORIGINAL POSTER

I will try that. With all the other bs you have to do to leave I’m not sure I’ll have time, but I’ll try (super early flight that gets to the us super late, so airport services will be closed both places)

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Bauke ***********

@Carlos ********

second this. Any transfer out of Thailand is difficult and expensive. Withdraw as cash, change to USD, then bring it with you is the best option. (if it's not an enormous amount)

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Bauke ***********

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Robert **********

Dee Money can do it, im not sure how much you can send in 1 transaction

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Alex *******

I sent to CU many times w Dee Money

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Holly ******

ORIGINAL POSTER

they keep asking for my Thai Id and won’t let me set up an account…not sure why

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Nick ************

I think you get a choice yo use your passport as id for Dee money. I seem to remember having to upload the front page to register.

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Nick ************

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Av **********

Credit union do have this information. U have to call and talk to them. They have something called sister branches. Credit union are connected. U have to ask for the international codes for their head sister branch that will then be sent to u. Done this before. Unless u have some really weird credit union....but yah they told me I couldn’t at first either but then I went inside and found this out

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Wilmont ******

I know, my Credit Union Debit and ATM cards will not work here in Thailand.

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Av **********

exactly! The reason why I left credit unions....they didn’t like international customers for sure.

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Wilmont ******

Av, your right they do but don’t want to. You just have ti insist they do their job.

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Wilmont ******

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Graeme **********

Try DeeMoney

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Graeme **********

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