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wise transfers
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I have decided that for my 2nd retirement extension next year that I will use the 65,000 baht monthly deposit method. What I would like to know is what do you use for your reference number when you are using Wise for your monthly transfers? (the transfers are marked as international funds transfer already).
My second question is has anyone had any problems in the last month getting a full year print out and yearly bank letter from Bangkok Bank lately? Thank you.
Reporting latest experience. Yesterday transferred the monthly 65000 baht from my Australian bank account via Wise (Funds for longstay in Thailand) to my Bangkok Bank account. Transfer initiated at 9:40am, funds arrived in Bangkok Bank account sometime between 12:30 and 12:50pm correctly noted on the account as an international transfer, for immigration purposes. Transferred funds for rent and internet at around 1:30pm. Used QR Promptpay scan four times between 4:00pm and 8:00pm.
At 2:30pm ordered 12-month statement from bank app (for immigration purposes this coming week), which arrived via email at 4:30pm.
I'm on non-O retirement extension, BB customer for eight years.
Absolutely no problems, account not frozen or suspended.
Bangkok Bank and Wise not quite the ogres which some are suggesting!
I bank with Krungsri. For years I have maintained a 800k balance. I would like to switch to the 65k per month option. I use Wise to transfer monies to my Krungsri account. I always select the 'funds for long term option'. How can I be sure my transfers meet Immigration requirements?
Something going down with bank accounts today. Seen several posts across the visa groups. Not sure if it’s a particular bank specific thing or what. The posts mention about the banks closing accounts of people not on long term visas.
If anyone has information as to what’s going on then please share.
Are there specific requirements for the 65,000 transfer into my account each month for the next 12 months? I probably will use Wise from my USA account. Do I remember reading something about how it has to be labeled?
Looks like WISE dropped the category for "Funds for long term stay in Thailand " or words to that effect. Just did a transfer and didn't have that as a reason. Everyone I have done so far this year had that as a reason. I believe though that isn't really necessary for a renewal on a marriage extension of stay.
My wife and I plan to retire in Thailand early next year. I am now sorting out all the details.
What is a good way to actually transfer funds to a bank for meeting the deposit requirements? I assume my current bank would do that, but I think there are pretty steep fees involved. Is that what most people do or is there a better way? I am in the US BTW.
i am on a Privilege Visa and do payments with Wise. Now i want to rent a condo. Do i need a local bankaccount or can i pay monthly rent and electricity or water bills with Wise?
If i open a Bangkok Bank account is there a annual fee for the account?