I know that we are here to discuss visa advice, however I would argue that the fees related to moving money make the various methods of money transfer viable or not viable.

I have one last post about Bangkok Bank because I was about to abandon the ฿65,000 monthly transfer because moving to Swift method more than quadrupled the fees making it untenable. On the advice of another member of the group I attempted a 65,000 baht deposit into my Bangkok bank account after it was unfrozen in October.  The deposit was accepted and using normal wise non-swift transfer the fees went back to the normal $16 a transfer as opposed to $80 via Swift. More importantly, the transfer is correctly noted as an international transfer. I am keeping my Bangkok bank account and will let you know my success in moving from the 800,000 baht method to the monthly transfer method when my visa renews this January.

Since my consulate stopped with the income statement notarizations, I have used the monthly income method of 65,000THB+. I would like to move to the 800,000THB method, but don’t like the current exchange rates. Is it possible to open a USD account for around 27,000USD and use it to meet the 800,000THB requirement?