Yes, I use Wise all the time and have done for a few years. The free ATM allowance is quite low though - mine is probably the equivalent of about US$200 a month, which goes nowhere.
I do deposit funds into my girlfriend’s account and the Wise fee is only ฿44.70. But somehow I seem to pay far higher fees than any bank account when getting my money back😂
Yes the reasons are obvious but the availability almost non existent for the tourist. I spend 4 months a year in Thailand, I could really use a Thai bank account but I don’t qualify.