Anyone else experiencing delays with Wise money transfers? I’ve used them more than a year and always received my money in seconds. The last 5 or 6 transfers they promised the money in seconds when I set up the payment but has taken at least 7 hours and sometimes even to the next working day. I asked them about it and they replied that on “rare” occasions it can take longer, but it’s every time at the moment.
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TLDR : Answer Summary
Many users are reporting delays with Wise money transfers to Thailand, which previously occurred almost instantly but have recently taken anywhere from 7 hours to 2 days. While some transfers still arrive quickly, experiences vary widely depending on the sender's location, time of transfer, and potentially holiday schedules. Users express their concern over unexpected delays, especially after paying a premium for faster service, while also noting that factors such as bank business hours and recent Wise rebranding could contribute to the issues.
Yes, of course I understand that during holiday periods and weekends transfers take longer - which is why I always avoid those. That was not the point of my post. My point is that for over a year up until a month ago every transfer I made was completed in seconds. Then suddenly a month ago it changed and was taking anything from 7 hours to 1 working day. I was curious as to why this suddenly changed and if anyone else had a similar experience. Also, if I pay a premium for a faster service and it doesn't happen you think I shouldn't complain?
I think you misunderstood my post. My point is that for over a year up until a month ago every transfer I made was completed in seconds. Then suddenly a month ago it changed and was taking anything from 7 hours to 1 working day. Yes, reasonable exchange rates and still relatively fast of course, but I was curious as to why this suddenly changed and if anyone else had a similar experience. Also, if I pay a premium for a faster service and it doesn't happen you think I shouldn't complain?
From the comments here it seems the UK transfers take longer - don 't know why? I'm transferring from Sweden/Finland and up until a month ago had taken seconds only.
Yes over last 2 months service has got slower and slower. Used to be from 3 seconds to 1 hour during business hours.
Transferring from both UK to SCB and from Austria in Euros.
Both now taking at least 1 working day, even if using the fast transfer option.
This is not the right direction for customer service even if it doesn’t affect me. The CRM management at Wise is not working, heads will have to roll soon!
Actually, I don't have any problem with the rates. I think they are reasonable and when the amount is not so large the difference of what you receive is negligible.
I use Transfer every two weeks. I think it depends on what arrangement you have with your sending and receiving bank. I think the most I’ve ever waited is about five hours. But that’s the exception. Most transaction I make are completed in seconds or at most, a few minutes or an hour or two.
There doesn't seem to be any consistency to it and it's been happening for quite a while. My last couple have been instant. But have also had a 24hr wait recently. The amount doesn't seem to cause a problem but weekends seem to cause problems.
Yes does seem very inconsistent amongst all the experiences shared here. I understand if the transfer is arranged on either a Saturday or Sunday that it would be received on the next working day which is why I always avoid weekends.
Seems everyone has had different experiences. Could depend on the country being transferred from, the amount and, of course, at what time of day the transfer is made.....
Yep. Same here past transfers in as small a time as 5 seconds. From Australia, during a conversation with my wife in Thailand, as long as in joint bank hours, I could say check your account and she would have the money. Now the app just keeps cyling in the "do not refresh or leave this page or transfer may fail". After a few minutes I go back and check status of transfer. Sometimes complete, sometimes waiting for hours. Understand re Buddha holidays.
Yes. Ever since they restructured / rebranded. Transfers from UK for same amounts that used to reach the Thai recipient account in minutes or, at most, hours has seen delays of 3 to 5 days!!! Not acceptable to me so I will certainly be looking at other providers.
For over a year my transfers had been made in seconds. Then one month ago it suddenly changed. I wondered why the sudden change and what other people's experiences had been.
Yes, I appreciate that it's still fast and normally it's ok for me too - but my point is that it has always been much quicker earlier and I wondered why it suddenly became much slower - and also, when I've paid a premium for a quicker transfer then, of course, I expect it to happen.
Could you share from where you send and amounts ballpark figure? I have sent THB 20K and couple of 100K with no delays last few months from SG. Last was immediately on 23rd
Can be different depending on the time of day you send and what day of the week. Consider your bank at home and their business hours and then consider Thailand’s.
Yes, I understand. Transfers were always made the same time (early morning on a weekday). It's only in the last month that it's been taking longer and not as promised whilst setting up the payment.
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