Wise to Bangkok Bank showing as ‘DEP TRF FR E-CH’ instead of ‘FTT’ even after selecting “Funds For Long Term Stay”! WTF BBL thanks for once again making life difficult.
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TLDR : Answer Summary
Users are experiencing issues with Wise transfers to Bangkok Bank, as they are labeled as 'DEP TRF FR E-CH' instead of 'FTT', leading to confusion regarding required documentation for long-term stay funds. Commenters indicate widespread problems with Bangkok Bank and suggest that switching to Kasikorn Bank may alleviate these issues. There are also discussions regarding the nature of the transfer process and potential misclassifications affecting the recognition of funds.
Yes and they have said that's how it will be from now on you have to go to the bank and get them to issue you a statement showing that it came in from outside the country. Not sure what the point of that was but not much anyone can do
Patrick **********
mabey a idea just transfer directly from you home country account to thailand
and not use wise
ofcourse lose some money
butt you not face the big problems if cannot getting the correct
Some people who live here, seem to think that they has some kind of “entitlement” because of the Country they come from!!! They don’t ✌️✌️✌️
Reply to
Gordon ************
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Andy *******
It's Kasikorn Bank also, they're showing wise transfers as just internet banking, remitly also. So seems like a Bank of Thailand issue
Martin **********
It is very annoying for my monthly retirement visa. I heard that with revolut, there would be no problem, it being transferred as international. Some feedback?
I'm not sure what's going wrong but most of the companies are just showing up as Internet banking or some other weird language but not International transfer
some of the low profile offices don't need the statement that it's International, they let you show earning statements to prove where it's coming from but very few, up here in Isan.
ignore him. He’s sat all day in a bar on his own after riding his clapped out scooter from his cheap rental. No mates so he annoys those he doesn’t know.
I understand that wise accept your money into their own system then transfer the equivalent amount from a banking system in Thailand. Perhaps as it's not a direct transfer like swift, the Bangkok Bank can't now identify it as an overseas transfer.
I've got a Bangkok bank account with a bank book. So think IF I used it to deposit a large amount for retirement extension I'd use swift transfer. I've no idea if there's an issue with my account because I'm back in UK, I don't use the app, and won't know till I get back after Xmas.
Its ok, I'm not on the retirement visa or needing an extension so it won't really matter too much. I updated my bank book in June and if I'm back and going retirement route, I'd perhaps use scb.
I think you’ll be ok with any bank, just pop in and have a chat with any of the staff, many people think they should speak with the Manager, don’t undermine the staff. They are all there to help 🙏🙏🙏 Some people on Koh Samui, love to get on their “high horse” when they’ve not got a pot to pee in. Its life ✌️✌️✌️👍👍👍
lol. I went with my daughter in law last year and opened the account. She handled much of the new account procedure. I'd say her "style" was more scary than diplomatic. Lol. She wasn't impressed with the ticket system used to be seen by bank staff.
Now it’s funny you should say that😂😂😂 The last time I was in the bank I selected the wrong “number” and when my number came up, the girls said, “ you’ll have to do it again”. With 20 customers before me 😂😂👍
I’m just about to post a vid on my FB page about that 👍👍👍
Reply to
Gordon ************
Reply
Eyal *******
Bangkok bank get the money from kasikorn bank so it shows a domestic transfer, maybe the problem is with wise and not the banking system in Thailand.
They mistake the customer when you send money from overseas to Bangkok bank in Thailand they give the option for overseas transfer but indeed they make a local transfer. Did someone try to ask wise about it?
yes, wise responded go to Kbank international branch to request proof of foreign transfer.
Reply to
Sean **********
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Larry ********
I opened a bank at Kasikorn Bank 3 weeks ago because of the locked account problems from Bangkok Bank, still locked by the way. Kasikorn Bank. I love the people are do nice my wise transfers from the usa go thru jn seconds Bangkok Bank was always the next day. DO YOURSELF A FAVOR SWITCH TO KASIKORN BANK, WHY STAY WITH BANGKOK BANK, LOOK AT THE WSY THEY HAVE TREATED YOU. THEY ARE NOT TAKING RESPONSIBILITY FOR HIS THEY ARE TREATING THEIR CUSTOMERS. BANGKOK BANK CREATEDTHUS PROBLEM NOT THEIR CUSTOMERS. BANGKOK BANK IS TO BLAME
I opened an account at krungsri after finding my BB account locked, no hassle 15 minute process. When my BB account unlocked I will end my business with them, they have breached fiduciary trust, that’s unforgivable.
really there was only one bank in Thailand opened bank account with tourist visa(with bribes).Thats why now problem started with them.This will effect or not other banks we will see.
local transfer..only way would be to transfer directly from ur uk bank ..my cost from uk to kasikorn is appx 500 thb total ..200 thb kasikorn to receive it £7 uk bank appx 300 thb to send it
Reply to
Chang *****
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Harvey ********
Bahahahahhaah
Jim ***********
Yip this month everyone's the same.. I asked Bangkok bank yesterday for September statement. They refused. This is gona cause so much hassle if don't get correct paperwork now. These transfers were routed thru Kasikorn by Wise. Read something we need go Kasikorn for paperwork, how many guys are not Kasikorn holders and Kasikorn need now deal with this .
it is international funds transfer i want to ask if you send money like this sender if not your name so how immigration knows money is coming from your name?I just wonder.Are they asking wise receipt for 12 months?
BB can only trace where the money came from. They cannot mark it as a foreign transfer. They would be falsifying data. Op needs to get his act together.
what bs. Bangkok Bank used to list it as a Foreign Transfer. The other way they are doing it now started in August. I don't know why Bangkok Bank decided to use another Thai Bank but it seems shady to me.
utter nonsense. They have changed the process. They always used an intermediary and the K bank account the money comes from is recognised as the wise local account for inward FTT. They changed the process and refuse now to annotate the remittance as FTT. Of course it BBL who are responsible for this change.
I think you’ll find the problem, if you do a little research, is to do with Wise, Have a good day, I’m relaxing on the beach, obviously, the use of “capital letters” within your post, would indicate, your blood pressure is up !!! Chok Dee 😂😂😂👍
I’m not the one, who won’t be getting their extention of stay, renewed, FTT, very important 😂😂😂 You can try with your “online abuse” It’s in one ear and out the other, as they say. Keep the group updated with what’s happening, so I can have a good laugh😂😂😂 At your “expense” obviously 👍👍👍 I’ve just got a new one, it’s got a better head than you 🙏🙏🙏