Why is my girlfriend being charged a fee by Bangkok Bank for receiving my wire transfer?

Greg Keough i plan so i dont have to worry. I use Wise using the "funds for long term stay in Thailand" reason for transfer, always get the FTT stamp required by immigration, and love the fees and exchange rates. Thats what is inportant to me

Greg Keough i plan ahead, and dont need it straight away. And to get the FTT stamp for immigration, which i need, you need to use the "funds fir long term stay in Thailand" reason for transfer.

Sure I am 100% Certain. You can see from the screenshot, I sent 100,000 THB from Wise and SCB credited 100,000 THB to my account on the 16th. SCB leverage no fees or charges just for receiving funds when the funds are in Thai Baht. There is no "conversion rate" because I am sending Thai Baht. If you send in foreign currency you would have to accept SCB's exchange rate and maybe they would charge a fee. I can't be sure because I always send Thai Baht to SCB, over 12 million in the last 6 months and not once ever have I received anything less than sent nor have I been charged any fee. The exchange rate from AUD to THB happens at wise - SCB do not levy any charge just to receive funds.

Because Bangkok Bank are a problem

Ivan McAvinchey I use revolut, they're very close to Wise, I admit I don't use regular banks for years

Ivan McAvinchey Correct. My issue is not with costs. My issues are with ease of doing business and trust. I do not trust Bangkok Bank as much as I do Kasikorn. Again, just my experience.

Wayne Lucas At least 16 people did think it mattered. Also, I was giving my opinion based on my experience.

Aidan Murray just like you….🤨 an expat “resident” on retirement, i had NO issues getting another bank account with my blue book for condo and obvious AIS sim linked to passport. After 26 years , with all the fulfilled ex thai wife in built sisaket home etc etc …i m well aware of the ever changing rules being a “guest” of Thailand and Naklua too. So yeah im permanent just like you

Wayne Lucas I am not naive look in to Wise one fee £8 something I not remember, they give you the market rate, please look at the picture, also apologies accepted 😂😂😂

Jeffrey Schwenk Banks charge also for outgoing wire transfers by the way. Thae amount change if you wire domestically or abrod. ( In Eu change if you wire to countries outside the Union)

Jeffrey Schwenk wise charge me £8.48p for my transfer of £1100.00. They then transfer the rest of the money at the current exchange rate to my Thai account no charge from my bank at all

Jeffrey Schwenk

If that is the case Wise must be incorporating that fee on the original transfer as what you send is exactly the same as what you get.

@Chris *****

sending money between banks in the US not a wire, it's an ACH. Big difference.

Chris West Use Fidelity. All wires, incoming and outgoing, are free. I always wire from Fidelity to Bangkok Bank and only pay the 200 to 500 baht incoming wire fee. For small transfers Wise will be better. For large ones, those that would be substantially over to 500 baht cap, wires are better.

Chris West that’s not possible unless you have a high net worth account.

When I’m in the states I transfer money to my wife. No fee on either end. Odd Bangkok Bank charges a fee ?

Chris West Wires almost always charge for sending and receiving. I'm a realtor and we see it all the time. If you're doing an ACH transfer or transfer within the same bank, it may be different. Zelle doesn't charge either. You sent a wire, check the policy at her bank.

Andreas Os hm interesting. My landlord told me her Thai bank account always deducts 200. Maybe because it's your own? Never heard of a bank charging a fee to receive money but what ya gonna do

Radu-Petruț Dincă they don’t steal from you. They take a nominal fee compared with banks. Can buy usdt which is a stable coin backed by the usd. When ready to send can send via usdt or even SOLana. Which would be a fraction of the fees other companies and banks use.

You don’t know what you’re talking about no body serious deals with crypto? Big Banks and large institutions have mass adopted crypto go read about it. If you think crypto is some pyramid scheme you need to get educated

And to send 400-500k baht or usd. The fee would be well below 100 usd. In fact to transfer and trade 500k baht. The total cost was roughly 25 dollars usd. By the time it hit a Thai bank into cash. 🤷🏽‍♂️

Go into bank and go ask them to send that kind of money overseas. They will ask reason why who it’s for. For your id the recipients id. Then you have to wait 5 days. They will Charge you a percentage for being a bank

Thailand banks are super easy to navigate and withdraw crypto back into cash. Try it sometime.

You have no idea buddy. Go get educated

Wannikea Wanblee agree with this I used multiple transactions and sent my husband around 80k baht each!

Wannikea Wanblee all the banks are the same for ferrangs and thais , all quick payments (face time) are limited to 50k , but a manual payment, goes up to your daily limit, which can be 2 mill , on your phone when you go to change limit , it comes up with 3 sections, Rfid scan normally 5k , face time 50k then daily limit , all quick payments in all banks are set at 50k per transaction, and you can make multiple of them , up to you daily limit or you can do 1 manual payment up to daily limit, normally 2 mill

Wise to Thai bank IS internal transfer and no charges to recipient

Bob Fom

Her bank will not charge her if you use wise. You pay the charges at your end, which are minimum and you get very good exchange rate.

I send money from UK to Thailand all the time.

It’s not a wire transfer it’s an online bank to bank transaction.

It also goes through in minutes.