remitly

Showing 15 questions

This page displays all the results for the Remitly tag, sorted by the most recent activity. There are a total of 15 questions that have been tagged with Remitly. Explore the questions to find discussions and information relevant to this topic.
Nov 15, 2024
8 days ago
Bruce ********
ORIGINAL POSTER
I did a Bank Wire Transfer from the USA (Wells Fargo) to my friends Thailand bank account on November 8. It says arrival by November 20, & still has not arrived. I can’t understand why this transaction doesn’t take seconds, or even 1-2 days. Any ideas?
Oct 8, 2024
a month ago
Paul *********
ORIGINAL POSTER
After the problem with using Wise to fund your Thai visa properly, I would like to ask about the other services available.

I have, and have used in the past to fund our breaks Wise, Western Union, XE, and Revolut dependant on the exchange rate offered on the day.

We will be moving full time in January to our house in Chiang Mai, and I will be needing to open a bank account for myself, and transfer the funds required to satisfy my visa requirements, and to purchase a car.

Do the other services mentioned show monies transferred as international transfer, as using Wise on some days could cost a substantial amount in comparison to other providers on large sums ?
Sep 18, 2024
2 months ago
Ali ******
ORIGINAL POSTER
This is regarding what is the way to get the lowest cost of transferring from an non-Thai to Thai bank account:

Last night I paid Western Union INR 840,000 which gave me TBH 312,153 (INR 785,101) — that is a difference of INR 54,899 which is a cost of 6.54%.

My question is what method of transferring money into a Thai bank account costs equal to or less than 3%? 6.54% is high, isn’t it? What is the lowest percentage anyone has paid for transferring and what method did you use?

Conversion rate was taken from Google.

Thanks in advance.
Sep 4, 2024
3 months ago
Ali ******
ORIGINAL POSTER
Hello. What is cheapest way to transfer funds to a Thai bank account? I was charged $250 to transfer $6,000 the last time. Is this normal? What is the cheapest way? TIA.
Sep 3, 2024
3 months ago
Terary **********
ORIGINAL POSTER
It seems Wise is taking longer and longer to transfer "Funds for Long term stay in Thailand". Last month I made my monthly transfer and it had taken a few days.. In the middle of the month I had to make another transfers, they quoted me 1 week. I just made my monthly transfer and again they quoted me one week. I immediately transfer funds for "travel expenses" and its there in a few minutes

Anybody else have this experience?
Aug 22, 2024
3 months ago
Glen *******
ORIGINAL POSTER
Does anyone know the best way to move money from the us to Thailand. I used the atm but their exchange rate sucks. Wired money to my Thai bank account and that exchange rate cost me 2000baht on a 1,000 us deposit, worse than ATM
Jun 28, 2024
5 months ago
Christopher ********
ORIGINAL POSTER
I'm sure this question has been asked before: what's the best option to send money from my Thai bank to my US bank? I've tried connecting them bank to bank and it never seems to go through. 🤔is it best to just use something like western union?
Mar 1, 2024
9 months ago
Larry **********
ORIGINAL POSTER
Beautiful day 🌻

Curious to know what is the best way to transfer money to Thailand from the United States , and best place for a retired person to get a Bank account

Just looking for a solid easy solution , can only travel with $20K

Thanks everyone
Aug 2, 2023
a year ago
Michael **************
ORIGINAL POSTER
Anyone having trouble with WISE. I tried to transfer money but they have it in hold until August 6 Never has happen to me.
Jul 1, 2023
a year ago
Alex *****
ORIGINAL POSTER
Update: it took me less than 60 seconds to open an account, set up a transaction between US and Thai accounts, and receive the funds using remitly. The first time used, the transaction fee of $1.99 was waived with an exchange rate that was 0.12 baht per dollar less than what wise showed at the exact same time, which means 120 baht less per $1,000 usd sent. Comes out to be a bit cheaper than wise in fees/conversion, even if you calculated in the 1.99. Thank you everyone who suggested Remitly.

Anyone have a good alternative to Wise for transferring funds between personal accounts in America and Thailand? I used wise for 6 years for the same thing and all of a sudden they are asking for crazy amounts of information, cancelling transactions because after I provide what they ask, they say they need additional information, it’s kinda gotten ridiculous. I’m open to starting a new bank account with a U.S. bank if that can make things more easy. Thanks
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