Answereda year ago
What is the best method to transfer 800,000 THB to my Krungthai Bank account from the UK?
Hi a relative newbie here.
I arrived from UK on Saturday on non o Visa
I have obtained certificate of residence from immigration and today was successful in opening a bank account with Krungthai Bank.
What is the correct way to transfer the 800,000 ?
Can I just do it from my UK bank direct to Krungthai bank?
Thanks in advance
I arrived from UK on Saturday on non o Visa
I have obtained certificate of residence from immigration and today was successful in opening a bank account with Krungthai Bank.
What is the correct way to transfer the 800,000 ?
Can I just do it from my UK bank direct to Krungthai bank?
Thanks in advance
Answer summary
A user who recently arrived in Thailand on a Non-O visa has opened a bank account with Krungthai Bank and is seeking advice on how to transfer 800,000 baht from their UK bank account. Multiple comments suggest it is possible to conduct a direct bank transfer, with options like Wise for potentially lower fees, although the standard SWIFT transfer is recommended for reliability.
24 repliesnewest first
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Jeremy *********
I still live in UK. My non o visa starts 5 th August
Jeremy *********
Sorry , not willing to write that on an open platform
Pat *******
How does one have a bank account in the UK and reside in Thailand
Roberto *********
@Pat ******
Why not? It's possible to reside in two countriesJeremy *********
I send to Thailand from my Barclays account. The rates are not that bad even with a £12.00 fee
Jeremy *********
Currencies direct are a uk government subsidiary. I won’t use them for that reason
Graham *****
Please use wise
Nongnuch ********
@Graham ****
I wouldn't recommend using WISE, because their maximum amount for a transfer to a Khrung Thai bank account is 50,000 THB. He would have to manage 19 individual transfersGraham *****
@Nongnuch *******
OK didn't know that
Graeme ******
Yes you can do a direct transfer from your uk bank to your thai account, may not be the best rate but very safe and secure
Kim **********
@Graeme *****
it’s safe and secure but can be a giant pain in the ass. I had a 30 min phone call from my bank with repeated questions over and over as to whether I may have been scammed etc.Tony **********
@Kim *********
usually after the first account transfer they understand and so asking questions (USA anyway).
Chris *********************
@Kim *********
yes I get the 100 questions have you been scammed every time.Graham *****
@Graeme *****
can't believe you gave this advice when banks charge exorbitant rates WISE is the way to go
Tony **********
@Graham ****
sending in home currency, swift is cheaper for larger amounts. Wise also has limited in transfer size.Graeme ******
@Graham ****
simple he asked can you and the answer is yes. I also said its not the best rate but it is safe as its bank to bank. I never gave advice I answered his questionChris *********************
@Graeme *****
true not the best rate but your money is tracked and safe ,that's how I do it have done for the past 18 years never a problem.Shaun ********
OP@Graeme *****
thank you
Stuart *********
Wise is a cheaper way of transferring but may not show as an international transfer depending on the intermediary bank they use. For 800k you’ll possibly not save any fees so just do a swift transfer that is guaranteed to show as an international transaction.
Max *************
Go for a simple bank to bank transfer for the 800k. Then it will show up as an international transfer. That's important.
Max *************
@Stuart ********
The maximum amount at Krungthai Bank is only 50k per transfer via Wise.Tony **********
@Stuart ********
wise is not cheaper for larger amounts. Use swift and send in home country currency.
John **********
@Stuart ********
the 800k baht doesn't have to show as coming from overseas for an extension, only for the initial in country Non-O but he already has a Non-OShaun ********
OP@Stuart ********
thank youActivity
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