Potential problem discovered today. Some immigration offices may ask you for proof your bank deposit came from abroad. Many people use online banks like Wise. But Wise send from their Wise London bank to a partner bank in Thailand, and then on to your bank. So your deposit's code in your Thai bank is not from abroad. Immigration can therefore make this an obstacle - that needs overcoming - to get your visa. Note: not all offices or officers ask for this apparently.

UPDATE: According to others, it seems this problem has been solved by Wise giving an option to send "funds for longstay". If, like me however, you sent the funds before this option was available, the problem remains. You will most likely have to resend the funds from abroad. My local office will not accept the Wise (funds sent) statement as proof.

When transferring money into Thailand, when you go to show the transfers for income verification... So things like WISE register differently than wires?

Hi

I have a BBL account in Pattaya and have now moved to Khon Kaen and had to open a new BBL account there.

Now I have 2 bank books.

At the bank they said that I can show both bank books when I extend my retirement visa for the second time.

I want to transfer the entire 800k to the new bank account.

When should that be (I would like to do it now)?

Do I still have to show the bank documents from the old bank in Pattaya (if the bank account is near empty) when I extend my visa for the 1 year (it won't be easy logistically to do everything on the same day)?

I won't be a tax resident until 2025.

Is there anything to consider regarding taxes regarding the timing of the transfer of the 800k from the old to the new bank?

TIA

Regarding the 65k xfer to thai account every month for next year extension of a non-O visa - can the deposit be any time each calendar month (e.g., Oct 5, Nov 23)?

Also, can it be multiple deposits in the month that add up to more than 65k, rather than a single xfer each month?

Thanks

Can I Ask what transfer method people use to transfer money from Australia to the Thailand bank account ?

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

From Siam Legal updated 2024. This reads as if one can simply transfer 40k from an American account each month to qualify. That sounds quite lenient to me.

Hi i rented a condo in BKK. The owner would like to have a slip every month for the rent transfer. Is that usual? Because every transfer has a reference and name field. Wondering for what they need the slips for?

Regards

Looking to buy a condo here owned by another foreigner.

Any experts here on whether I need an FET here to complete this as price sub 50k usd.

In theory I guess I can transfer cash and also ownership at land office without FET but letter from bkk bank ? Doubt this is possible tho. Reason for asking is I already have the cash here but didn’t stipulate was for a condo purchase.

Additionally WISE reason for fund transfer states property purchase , it doesn’t have ability to add condo name unit etc so looks like a no go using that method. Plus the fact funds remitted would be in THB and not subject to fx onshore by bkk bank whereby they can take another 1 baht off my remitted amount versus WISE trading at spot fx

Thx for any input 👍

Has anybody in this group used Wise to transfer funds for foreign-owned condo purchase?

Careful!!! I am asking about people's experiences and not their speculation. I know there is an option on the Wise platform to indicate the purpose of the transaction, and I know one of those options is 'purchase condo'. However, I am asking has anybody actually used it and gotten what they need.

Last week create a transfer of $100 US, I indicated that it was to purchase property(condo). A week later when I finally got the funds I went to my local Bangkok Bank and asked if the transaction meets their requirements. The lady printed the form with the transaction details and there is no mention of Condo Purchase. She told me it MUST be there for the bank to do what they need to facilitate the transaction.

Anybody with experience with this matter have any suggestions?