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?

Okay I have the next dumb question. My buddy is trying to transfer money from Bank of America to Bank of Thailand. He's doing a wire transfer and he's not using wise so let wise go. When we went to do the transfer it asked did we want to use Thai baht, US dollars or euros. We did an experimental run of a thousand US dollars. We chose Thai baht and it gave us an exchange rate of 31.61. not a great exchange rate. Now the question is should we have picked US dollars and then let Bank of Bangkok convert it. Please let us know what you guys think would be the best choice in this quest to bring money to Thailand.

Good day to everyone

I would like to ask you all about transferring money from overseas into my Thai bank account.

WISE asks for the reason so you click ( long stay in Thailand) something like that.

Western Union hasn’t got this reason. Does it matter or not.

Thank you 🙏 all

I might be a bit naive here but how to move 800k from Canada to a Thai bank? is it wire transfer? can I do this from thailand or do in canada. I do not have a thai bank account now

I was just curious. The best way to transfer the 800,000 baht that is required for visa from your bank in America to a Thai bank when opening a new account. Do they have a domestic router number in Thailand? Thanks

I'd like to build a house. For REASONS I am interested in sending the money from USA to my wife here. How did that work? With large transfers does it get declared or flagged or? Is it taxed? What sort of rates? We know very little about taxes in Thailand- nobody in my wife's network has anyone ever had enough money to need to pay taxes.

Not sure if it's right place to ask before I go to bank but is there an easy way to transfer funds from Australian bank account to my K bank account please?

Can I use 800,000 Baht in cash to open a bank account.

I am thinking that bringing £ over from UK will get me the best exchange rate to Baht

TIA

I need to send a large sum for a Thai friend to buy a house. I don’t want comments on this, I know 100% what I am doing.

What would be the safest way to do it?

Swift transfer to friend’s Bangkok bank is possible? Will the EU bank allow this?

Wise/revolut I am afraid they would freeze the money and start asking all sort of questions and would be a nightmare to stay in touch with them.

Should I come to Thailand, open a bank account and then transfer there and then to my friend?

If so on what visa could I do this? I leave elite visa as my last option(expensive and I don’t really need to be that much in Thai for the next 5 years)

Hi all. I recently made an international transfer to my K-bank account. It was shown as a "bahtnet deposit" with THB100 deducted from the transferred amount.

This seems odd as I made a similar transfer just last month and it was received as a "transfer deposit" with the remarks on the transfer channel being "internet/mobile across bank". No fees were deducted.

According to aseannow web forum, it seems that K-bank have only recently started charging and switched to bahtnet. Anyone have similar experience?