international money transfers

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This page displays all the results for the international money transfers tag, sorted by the most recent activity. There are a total of 15 questions that have been tagged with international money transfers. Explore the questions to find discussions and information relevant to this topic.
April 25, 2024
5 months ago
Trevor **********
ORIGINAL POSTER
Does the money you send from overseas have to be regular payments or just be more than 800,000 baht for 12 months? Do you just get a letter of authorisation from the bank about deposits? TIA
March 22, 2024
6 months ago
Robert ************
ORIGINAL POSTER
Hello all.

Hope you can clear something up for me.

Renewed my 1 year Non-O based on retirement using the 800k on deposit method earlier this month and have started sending the monthly 65k minimum overseas transfers, to make 12 in total by next Feb.

Can I now take out the 800k, as I have another use for it, or is there still a minimum (400k) balance which must remain at all times?

Thank you.

Robert.
February 17, 2024
7 months ago
Joe *******
ORIGINAL POSTER
I’m going to be retiring to Thailand in May . Is it best to have social security deposited in US Bank? And then transfer funds as needed? If so is there a preferred bank for ease in transfers? TIA
October 12, 2023
a year ago
Jimmy *******
ORIGINAL POSTER
Can anybody give feedback about a good bank to olen an account with in Thailand ,i guess one that gives you a card and doesnt charge too much for useing ATMs?? Thanks
August 21, 2023
a year ago
Ian *********
ORIGINAL POSTER
Hi, after advice re my retirement visa and money requirements.

Am into my second year of retirement visa and have been depositing 65000 baht monthly for last 18 months.

Do l still have to have the 800000baht in bank before annual renewal and if not am l required to still maintain a minimum balance in my account even though I make monthly deposits??

Thanks in advance.
July 14, 2023
a year ago
David *********
ORIGINAL POSTER
For the past two years, I've kept 800,000 baht in a Thai Bank to meet the visa financial requirement. If I decide to use my US social security income to fullfill the requirement instead of the bank account, what documentation is needed for Immigration?
June 21, 2023
a year ago
Robert ******
ORIGINAL POSTER
I'm on a non O visa based on over 50 (retirement) Currently I use the 800,000 in a Thai bank (rotting away) method and I'm looking at changing to the 65k monthly income method. I currently use wise to transfer my 'monthly income' to my thai account from the UK.

Couple of questions. Is wise acceptable for the transaction being considered an international transfer? If so do you have to select a particular 'reason for transfer' when making the wise transfer? e.g. 'Funds for long term stay in Thailand'

Living in Phuket if that makes any difference, I know how fickle different immigration office's can be.
April 28, 2023
a year ago
Chris *********
ORIGINAL POSTER
Hi guys, quick financial question about changing from non o-a to non o visa.

When I effectively "cancel" my non o-a extension next month by returning to the UK with no re-entry stamp..

Can I still use my previous 12 months FTT 65K international monthly transfers to apply for non o when I come back to TH in june please ? (Rather than seasoned 800k which I don't have!),

Thanks in advance

(it's Hua Hin immigration)
September 22, 2022
2 years ago
Bam *****
ORIGINAL POSTER
Could anyone tell me which transfer app gets you the best deal for your buck? Moneygram looks to be the better option, though would anyone happen to know if this is a guaranteed fixed rate or Will other fees apply besides the $.50 when transferring from online bank to direct bank?

TIA!
June 8, 2022
2 years ago
Jim *******
ORIGINAL POSTER
I am going to change my Retirement extension next month from over ฿800,000 in my bank account to transferring over ฿65,000 per month from abroad.

Can I then use the ฿800,000 right away or does it still have to sit in my account for a period of time?
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