Ok- I have a question for all my Wise Banking American ex-Pats:

When I'm moving money from my Wells Fargo to wise and then Wise to a Thai bank account should I exchange the funds to Baht and then deposit them s Baht to the Thai bank account?

Does that make sense? Or just do a USD dorectly into my Thai bank account?

Which one will give me better rate?

Hi, can someone tell me what exchange rate does the embassy use? Like how much is 500k THB in EUR, USD? I googled it but i doubt they use the same exchange rate.

For those using Wise - I've been asked to verify my old uk address. Obviously I can't do that, so is it easy to use my Thai address? What docs needed? 🙏 - J

Hello! Does that 500k baht has to be in thai account or it can be on any accessible account?

I am the owner of an American LLC and my bank accounts are listed under the LLC. I can prove through my state's LLC records that I am the sole director of the LLC, would i have any issues that the money is not in a personal bank account?

Hello, my Name is Dieter and I‘m from Austria. I intend to work in Thailand for my Italian company as freelancer with a DTV visa, long term. My First question is: can I open a bank account in the future? And what requirements do I need to meet? Second: can I make a change-of-visa to a Non-Immigrant Type O visa some day?Especially since a bank account seems to be a requirement for the Type O visa.

Any insights or experiences?

Is it correct that if you have 2 million baths or more on your account in Thai bank then you have to pay taxes ?

How much is it about?

Two questions. Does any of the Thai banks offer high yield savings accounts? If they do, can I use one of those accounts for my retirement visa?

which bank do you recommend to open an account so i can arrange my retirement visa? Apparently the banks don't want to open an account for foreigners at the moment?

Quick question -

I was asked the followings as extra documents to provide -

* "Document indicating current location: Documents without an English version is recommended to be translated at an official translation office in Vietnam. A financial statement is required, including bank transactions from the last 6 months and an account balance of at least 500,000 BHT."

I did share way more than that as a proof of funds in my Interactive Brokers accounts (financial institution). and I attached a proof of the ownership of such account under my name. I even highlighted the numbers and name... And yes, everything is in English.

Could someone explain me what am I missing? I might have skipped the bank statement for the previous 6 months, but even if I share it, I don't hold such sums on my checking account, it's not gaining any interest there...

Did anyone experience such thing? Would appreciate some wisdom...