ach transfers

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This page displays all the results for the ACH Transfers tag, sorted by the most recent activity. There are a total of 3 questions that have been tagged with ACH Transfers. Explore the questions to find discussions and information relevant to this topic.
May 18, 2023
2 years ago
Jack *********
ORIGINAL POSTER
Smart friends, I'd like your input. I have some money in a schwab account USA. I want to transfer it into my Bangkok Bank account.

I was going to try to use Wise but then I saw this. Has anyone tried this? The fee looks to me to be 500 baht or maybe a little over.

Do you think I should stick with Wise?
Jun 15, 2019
6 years ago
Joe ***********
ORIGINAL POSTER
To the guy trying to get money from the U.S. You were given out of date info. ACH transfers via Bangkok Bank NY will no longer work. U.S. Banking regulators have forced that method to stop effected April 1, then extended it to June 30. New funds transfer applications using test deposits will be denied.. TransferWise Borderless will work ... I know how to do it.
Jun 29, 2018
6 years ago
Brad *******
ORIGINAL POSTER
Per my previous post, I will soon be applying for the 90-day nonimmigrant o Visa. Today I got approval to open a new account at Bangkok Bank. The next step is to transfer funds from my bank in the states to my account number at the Silom Bangkok Bank branch.

I really appreciate the group getting me past the last hurdle, but now I no problem cropped up with money transfer. When I go to my main CIT bank and several other of my banks like Ally none of them offer International wire transfers. Bangkok Bank says to transfer the money to their New York branch, but talking to Bangkok Bank New York personnel and my u.s. bank personnel, they say that I would have to fill in the final beneficiary name and account number in Bangkok Thailand and that makes it an international transfer. Plan B would be to use Transferwise Company online but from what I understand they do not provide a form which certifies the international currency transfer. I think the form is called FET.( apparently transferwise does not move currency across borders but just matches incoming and outgoing transfers that cancel each other out).

Under documents required for 90-day non-immigrant o Visa image sent previously under item 5.3 it says evidence of foreign currency fund transferred to Thailand. I'm not sure but it's possible if I use transferwise I would not be able to document item 5.3.

There must be several people in the group that have gotten past this obstruction ... Has anyone found a solution to the problem. ....are there any banks that still do International wire transfers? if say Citibank for example still does the international wire transfers... And I moved 800000 b to Citibank us, would they allow Me 2 days later to move the money right back out of the Citibank account with a wire of that same money to Bangkok Bank Thailand?

If anyone can suggest a different forum to pose this question to please let me know. I would prefer to transfer the money in the next 7 to 10 days because the clock is ticking on my 30 day extension of Visa exempt stamp.

Thanks again for all the help on previous questions
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