What is the best way to transfer 400,000 Baht to a Thai bank account from Australia on a Non-O visa?

John Belcher Australian banks charge heaps and give the lowest rates.

use Wise while in Australia and transfer to Thai bank account will arrive same day or faster.

@Duncan *****

wise is also part of the "bank system" 🙄

Björn Nordberg Thai banks will charge a minimum of 200 baht and a maximum of 500 baht for an incoming wire transfer. Once you hit the 500 baht maximum you can transfer as much as you want for no additional fees. Works out quite well for largish transfers.

Dennis Stringwell yes they do sat on mine for nearly 10 days won’t use them again full of shit when you talk with them

Dan Owens stop talking shite. Wise is also a bank ffs. 🙄🤡

Dan Owens there is nothing unsafe about Wise🙄

Andrew Wilson no agent would give you cash, they put the money in the bank for you and then take it out.

Andrew Wilson completely illegal and creates a situation that is difficult to go away from an agent because the bank vertification is falsified

Andrew Wilson can you share what agent he used?

Andrew Wilson yes someone offered me that service also .

Clive Ford for sick buffalo !

@Ron ******

how much does 400k last you?

Danny Perks Good advice 👌 👍 👏

Ian Van Luyn great price but rubbish exchange rate ,on 200,000bht it would have cost me £70 more than wise on 400,000 bht it would work out at £140 more than wise.

Paul Finch Of course you joke!!!!!!!😬

In many countries exchanging cash of this amount in USD or GBP to another currently then trying to deposit this into a bank would raise questions re money laundering and the source of it. UK Banking automatically flag any cash transaction about GBP8,000 or about THB350K and ask to see evidence of sources. Perhaps Thailand is different, but it's a hell of chance to take!

Paul Finch ฿400,000 in cash?

Mark Durbridge What were the fees like?

Marco Antonio Cuevas the phone with a Thai SIM card in your name is necessary to use the banking app for payments and transfers

Marco Antonio Cuevas what's the FBI check?

Revolut and now a UK regulated bank (safer if they fail than non-regulated) and offer generally excellent exchange rates. They exist in Singapore and the UK and it's possible to hold THB via then and make international transfers from the UK where Revolut are now recognised as a "bank" whilst offering far better exchange or cross rates that the likes of HSBC. They may have an entity in places like Australia also, I'm not sure. I'm British and they have always worked well for me in Singapore, KL and Thailand, but then everyone has different needs I appreciate

Adam Roberts Transferwise hasn’t existed for over 5 years.

David Luis That's the name of the UK inter banking system between UK banks? Is that what you meant?

Haydn Taela u got that right anything goes wrong with the transfer your bank will sort it out anything goes wrong with wise or the others good luck

Useful, both of you. Thank you

Haydn Taela 400k assume for extension based on marriage does not need to be coded international, thats for monthly transfers.

Bill McGrath How will that work. If you sell your home in UK. The bank closes your account here.

Keith Mccue If used for a VISA I'm sure it can not be cash deposit. Must be transferred. Just saying

Keith Mccue I landed 2 weeks ago, Superrich exchange was less than Wise. In Pattaya today their exchange rate was the same as on the street. What was is not so much now

Keith Mccue What 40,000. Bht in cash

Keith Mccue You’re going to be carrying ฿800,000 in cash?

Bent Sennenwaldt bank to bank will cost you more and also take longer..For 400K I would be asking the money moving companies for a quote (rather than Facebook experts)

Bent Sennenwaldt correct no mistakes easy bang

@Jason *****

can u transfer from your bank acc in your home country to your thai bank acc?

@Jason *****

I've used wise but dam that's alot of money I'm afraid from wise to screw it up, so immediately after arriving on NoN O we need to drop 800k. I have Scwab .....I wonder if I can just do a bank to bank transfer.

David Watson same, I've been using Revolut more lately to. It's instant and you get the same rates as wise. You just can't use it if you only have a Bangkok Bank account here. They won't let you use the app.

Andrew, in case helpful .. Revolut are now a UK regulated bank (safer if they fail than non-regulated) and offer generally excellent exchange rates. They exist in Singapore and the UK and it's possible to hold THB via them and make international transfers from the UK where Revolut are now recognised as a "bank" whilst offering far better exchange or cross rates that the likes of HSBC. They may have an entity in places like Australia also, I'm not sure. I'm British and they have always worked well for me in Singapore, KL and Thailand, but then everyone has different needs I appreciate. They are a major competitor to WISE. They may or may not be better, it depends on the scenario. I'd suggest checking both. The advantage of Revolut if you are British or hold an account there is that as an office "bank" now in the UK any transfer from them there is treaded in a similar way in theory as an international transfer from HSBC etc as it is "official" unlike pure exchange rate brokers. I've used them for years, but in Sing and KL and now moving to Thailand where I've been using for day to day expenses. Obviously different things work for different people ...

David Watson why is that? Do have better exchange rates etc? Why move away from wise?

David Ted thai authority not asking you about the money where from you get