unfortunately that did not work with Siam Commercial Bank. I did a swift transfer paid a fee of almost 3% and no notation of foreign transfer occurred. when I talk to Siam Commercial Bank phone staff they told me I needed to get another form to prove the transaction originated from overseas. I do not know if there is a fee with that form but I've heard 300 baht and 200 baht related to the same issue.
it appears as though the bank will verify that the funds came from an international location. when you request the verification through a form given to them.
that may well be true. when I question Siam Commercial Bank about the lack of the documentation for this being an international transfer, the comment was to request the confirmation about the original location of the funds through their Bank. I miss the days of Bangkok Bank automatically posting financial transfer from an international location
thank you. I am looking for clear disclosures by the bank without extra paperwork or requests for understanding by Immigration. Please let us know how it goes 😊
Thank you Sean. My problem is the trust that I can continue to make ฿65,000 deposits not only to finish out this year but for the next year. How long will wise be able to continue its exemption by transferring directly in K Bank?
Wow, I always try to copy the exact language that the immigration department of Thailand wants and this notation is not close to what I used in the past. When I moved to Swift transfer this month as wise had become an interThailand transfer, the notation I had provided to be accompanied with the swift transfer, did not exist in the Siam commercial bank deposit notation. When I question Siam commercial bank about this lack of notation they referred me to a specific form which I would imagine it's the same as the other commentators. So that's 300×12 3600baht for forms plus my swift transfer was a 3% hit on the exchange rate of my $65,000 baht transfer is $70 X 12, which is $840 +3600 baht for the paperwork. Anybody come up with a cheaper way of moving money successfully in September 2025?