It should be noted, but maybe not perfectly clear, by taking a few extra days this offers them a great opportunity to see a swing in rates and sell you THBUSD at 33.5 when they could get it for 34 as the example indicates.

I too had this problem a few weeks ago. Having a couple degrees in financial markets I asked customer service some very direct questions. First I got the run around then they sent me their annual report and I actually read it.

Here’s what is happening. 50% from them and 50% from interpreting their annual report.

Volatile currency markets is a huge risk for for Wise. If you place an order on the weekend and the THBUSD gaps down before they can settle the transaction, they lose. This is where their rate guarantee comes in. They guarantee the rate for just 48 hours now, and if the money takes longer than that they are at risk.

This is what they do. If you transfer THBUSD at 34 on Friday night after the transfer window they guarantee that rate until Monday. If your money doesn’t arrive until Tuesday and the spot rate is now 33.5, your guarantee is expired and they transfer you at 33.5. If the rate is more favorable, say 34.5, they honor your 34 rate and call the .5 difference a cost of sales adjustment.

We are seeing longer periods of transfers to hedge their risk and decrease their costs, especially in volatile markets.

The last paragraph in this section of their annual report is most relevant.

@Harry *********

weren’t you deported 7 months ago? You might not be the best to give any advice whatsoever. 🤣

Before I moved to Thailand 7 years ago I too lived, worked, and have an LLC in Chicago. Feel free to ask or DM any questions you have. I don’t have any experience with the dependent component of the DTV, however.

@Victor ******

you are responding to the question “is border bounces by land unlimited now?”

After a policy changed July 15.

It’s just really hard to get good info in this group when unrelated comments are everywhere.

Mate he’s asking about after July 15 and your experience is earlier this year and “probables”

Do you have any experience after July 15 that might help this person out?

@Victor ******

have you been denied entry into Thailand before?

@Victor ******

again. This is my frustration. So “your limit is clear” and then after this experience you came back, and were denied?

You are speaking in definite terms like there is a limit but have never been denied entry, correct?

So far your access to Thailand has been unlimited?

@Stuart ********

I respect the hell out of you Stuart you give amazing advice I’m not trying to fight. I’m just saying it’s not too early.

In 1 year if someone gets rejected or turned away our answer is going to be the same. “Ultimately it’s up to the officer”

New policy or not. The answer to this question is just that. 5 years ago or in 5 years.

@Victor ******

this is the point of my entire comment. It’s the discretion of the officer. If the officer believes in unlimited, it’s unlimited. If the officer believes even 1 crossing is too much, it’s too much.

But here we are as farang speaking as matters of fact. Every single answer to these questions should be, it’s up to the officer.

You got in. Shouldn’t your answer be, based on experience “so far it’s been unlimited for me?”

@Victor ******

I was just curious because you said “happened to me last time”

You got in. So from your experience, so far, it’s still unlimited.