Thailand has deployed CRS which is common reporting standards so full visibility of all financial transactions - what they do with it is another matter, taxing remittances will be easy, but many will ignore until it’s linked to resident visa - worldwide income whole new ball game which is why it’s only “proposed” I guess - tax evasion gets harder as more countries fall in line…..which is the whole idea

Only way is to pay an agent to grease wheels at the bank absurd, but TIT 😊

Wise

I just made A couple of transactions, one was coded general living expenses, and the detail page is very vague about origin of funds, came through in seconds. I did same transaction using long term stay option, also came through in seconds and on details page it has a comment in reason field “ long term visa requirement” so I think that clarifies it….sadly, folks who have spent a year clocking up their monthly 65k transfer without using correct reason will hit a snag with immig…thanks Brendan for clarifying this

So has this changed in the last 6 months, as I queried this with SCB and they assured me that it was coded on my bank statement as an international transfer from Wise they also explained the different codes to - me who identifies this ? the bank when they do the letter for immig, or are immigration officers conversant with the various different banks transfer codes ? I also have local transfers into my account and codes are definitely different - this can have serious consequences for many people, as wise is widely used so important we get facts straight - I will try to verify with both my bank and immig (in Phuket at least) during the course of the week.

@Brandon ***********

yep got that but when I checked with by bank they told me it was an external transfer - I will enquire further , otherwise it negates Wise completely and back to inflated bank charges and crap exchange rates

@Brandon ***********

when I checked with my bank SCB last year , they confirmed code for general living expenses showed it came from outside Thailand have I missed something

NEver had an issue , maximum is 12 hours and they keep You updated - do transfer every month

It’s likely to be a system generated rejection, probably not even seen by a human, so maybe use system logic and state New Zealand - I had a similar issue with an Evisa rejection from Uk where system misread scan of my passport and replaced a D in my name with an O and I never spotted it and it was not possible to change - I resubmitted with a new scan and approved . Expensive mistake

its your personal choice if you choose to ignore and take your chances 😊