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Graeme *********
This is a summary of
Graeme *********
's contributions to the platform. They have posed 8 questions and added 274 comments.

QUESTIONS

COMMENTS

Graeme **********
@Bill ********
I use PayID and receive the mid market rate and no bank fees…perfect
Graeme **********
@Carsten ***********
perhaps, but I think unlikely. Bank fees for international transfers can be fairly high. Remember it’s the banks exchange rate which isn’t the mid market rate usually plus the associated bank transfer fees
Graeme **********
Wise will not charge you fees if as I said you use Pay ID or Bank Transfer. Also, Wise converts the currency using the mid market rate. About the cheapest way to do it
Graeme **********
It's just sooooo easy. Once you have your Wise account set up with all the necessary details, you just log onto Wise and go through the send process. So what happens is you transfer your money to your Wise account and then Wise gives you the option ‘I have Paid’ or I will pay. Ince houve paid into your Wise account the money then goes into your Thai account. I do this at least every two weeks and it takes minutes
Graeme **********
@Russell ******
yep I'm sure. I just looked on my Wise Account. What you need to do is go into your Australian Bank account and add Wise to your payees in your Make Payments. Then when send you just select Wise. But some Thai banks will only allow you to transfer 50,000 baht at a time
Graeme **********
Usually with Wise, if you do Pay ID or bank transfer there are no actual transaction fees. But Pay ID is best because usually the money arrives in your Thai account within minutes, if not seconds. I just checked and the Aus $200 only applies if you use a transfer method other than the two listed above
Graeme **********
Might help if you learn how to spell Thailand
Graeme **********
They’re getting strict because of the Chinese criminals who were rorting the system with dodgy ED Visas supplied by dodgy IO’s