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transfer limits
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This page displays all the results for the Transfer limits tag, sorted by the most recent activity. There are a total of 10 questions that have been tagged with Transfer limits. Explore the questions to find discussions and information relevant to this topic.
Am I doing something wrong with Wize? I transfer money from USA to Kasikorn Bank with Wize. I can transfer up to $200 and it posts in seconds but if I transfer a larger amount it takes several days to post. Im not sure where the cutoff is but my last transaction was $800 and it took 5 days (although two were weekend days) and it initially stated the transaction would take 7 days.
I have account in K Bank. I tried to increase the transfer limit from 50k TB on the bank app.But would not let me. I called to KBank today to ask them to increase it. Was told 50,000tb is maximum transfer for all foreigners. Anyone else have this problem. I don't have same issue with Bangkok bank.
Kplus — Can no longer transfer more than 50k thb per “day” anymore, all I ever used the account was for getting money from Europe, twice a month for many years on average with out issue to pay the wife and bills. This is despite me using a correct simcard and already did facial scan at the bank a while back. Probably gonna take a few days to move funds out gonna switch banks. This is utterly ridiculous. Been with them for 4 years with no issues. Luckily, I have four other Thai banks with no such limits. Only been using K plus because they are usually the fastest for international transfers might keep using them. Hopefully inbound won’t be impacted. I don’t think so, but won’t be using them for storing money or paying bills.
So.. Last year, when I tried to pay for my medical insurance, I got an error message in the bank app, saying i need to visit the bank.
I went to the local Krungthai and was told that new banking regulations forbid foreigners transfering more than 50,000 per transfer...
My daily transfer limit was 1,500,000 per day, so just did 2 transfers and haven't really thought about it since...
A few days ago, i mentioned this to an accountant and she spoke to me with disbelief, as tho I'm an idiot, because nobody else has ever heard of this... Saying I just need to go in and change the limit...
I went to the local Krungthai branch and was told that thai banking regulations forbid foreigners, transfering more than 50,000 per transfer and if I need to transfer more, i need to do more than one transfer, or withdraw the cash and transfer by hand.... So if i need to transfer 800,000, I can do 16 transfers or withdraw the cash...
I went to the provincial branch and they said pretty much the same... Thai Banking regulations forbid foreigners transfering more than 50,000 in the app... ( "in the app" is a significant change.) If I need to transfer more, I can do in the bank... Slightly different story, but better than the local branch.
I went to the provincial branch of Bangkok Bank, asked to change the transfer limit and it was done, instantly, no question asked...
Has anyone else experienced this nonsense, and which banks do or don't allow transfers of more than 50,000 baht?
Just a head up for people with a Barclays Premier account in the UK.
Transfers are free from these accounts to a Thai Bank account.
Before you start
To complete an international payment you’ll need:
a PINsentry device
the IBAN or SWIFTBIC number of the bank you’re paying intoThey will
let you know how long the payment will take and if there are any charges before you confirm.
Today’s exchange rate is 42.93 GBP to the Baht
I know this doesn’t suit everyone but it’s for information purposes only
Also if you are trying to transfer 800k baht in from wise you can only do this in 50k baht increments so it’s a. Minimum of 16 transactions at approximately £8 for each one.
I have an account with Krungsri Bank which unfortunately limits transfers via Wise to 50k baht per transaction I’m in the US now so considering transferring a larger amount via IBAN (bank to bank) Am I still restricted on the amount and will I benefit in regards to fees? Thanks
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