sorry. unrelated post to visa, i want to send money from my UK account to my thai account. is western union or transfer wise quicker? i just got a thai account so I don't know how long it takes or how it works. help is appreciated. thank you
Answer summary
The discussion revolves around the fastest methods to send money from the UK to Thailand, specifically comparing Western Union and TransferWise (now simply called Wise). Many users report TransferWise as being faster, often taking seconds to minutes, while others mention that Western Union can also be instant. Overall, TransferWise appears to be favored for its lower fees and favorable exchange rates, although some users have experienced variable transfer times.
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Timmy ******
Hi, I am currently on Visa Exemption in BKK. May I ask what Branch you were able to successfully get an account? Also what documents should I bring? Thanks in advance.
Wise is enough for small time transfers. Big ones your account gets flagged and they terminate with no good excuse. Until 3 years ago their fraud systems would look to THB transfers with high degree of reluctance. I used until last year. Now they only have EUR/GBP to THB... BUT it's indeed the lowest and fastest way of transfer (they use Bangkok Bank has intermediate to send THB)
A recent YouTube post included transferwise in the evaluation. It might help. It is: “top 10 apps in Thailand for expands and tourists” pub by The Thaiger (04 24 2021)
First transaction took a few days because my UK bank flagged up unusual activity ( no issues with that, I'm pleased they check ) ... since then , no issues.
I have heard with Wise it’s instant. I have not had that experience. I sent it this time yesterday and it deposited about 2pm today. Less than 24 hours from US to BKK bank.