Recent change in Wise to Bangkok Bank ‘International Funds Transfer’ tagging.
Prior to this month transfers Wise to Bangkok Bank took 3-5 days but where tagged correctly as ‘International Funds Transfer’. However this month the same transfer occured in seconds and appears to have been routed through Kbank and then received at Bangkok Bank as a local bank to bank transfer.
Note: the Wise process did not stop to ask the reason for transfer which I previously tagged as ‘funds for long term stay in Thailand’
I am on the NON-O retirement extension based on 65,000 thb monthly. I am concerned that Bangkok bank will not be able to provide a document for the next extension identifying 12 monthly international funds transfers.
Note: I will print a receipt from Wise each month and save. Remains to be seen how this new change will play out.
TLDR : Answer Summary
Recent changes in Wise's transfer process to Bangkok Bank have raised concerns among expats regarding the documentation required for the NON-O retirement visa extension. The moves from an international funds transfer system to a local bank-to-bank transfer may complicate proving regular monthly income. Users in the discussion suggest maintaining thorough records, such as bank statements and receipts, and considering the use of alternative banks like KBank for smoother transactions. The overall sentiment reflects caution but also adaptability to the changing banking landscape.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.