You should check Western Union as well. If I transfer more than $5000 Australian Dollars to Thai Baht western union pays out a fair bit more than Wise. For Australian bank accounts Wise is best for small transfers under approx 110,000 Baht and Western Union is best for large transfers. On the 400,000 baht it could save you a few thousand baht
Sounds like you have no risk to worry about. The risk is not anywhere near as bad as what the Expat Facebook Visa Police in this group say. Unless you are doing border runs where you stay for 60 or 90 days and then leave for a few weeks and return and keep repeating it over and over again that's when you start to have a risk. You need to remember that the majority of people that come to Thailand don't follow this group and the people that do non stop border runs successfully don't post their success on her cause they have no need to. So you only hear the small minority of people who get refused entry and then freak out and join a group like this seeking help
but it doesn't give the best rates when it comes to large transfers. Western Union gives the most when transferring anything over about 120,000 baht. But Wise is always better on smaller amounts
many visa run companies or agents offer a service called the green corridor. You will send them pictures of your passport and arrival date. They forward it onto their airport immigration contact. They pre-approve your entry. You then pay and it's all booked in. When you arrive an immigration officer meets you and takes you through. It's a good service for people who have heaps of border run stamps, it guarantees your entry
You can still enter with a 60 day visa exempt stamp. You just need to prepay for the green corridor. Cost is between 4000-6000 baht depending on which airport you use
Here's an option that no one ever mentions but it's actually good if you transfer enough money. Western Union cash pick up.
If you transfer more than about 110,000 baht you get almost the same as the market rate. With the fee and the exchange rate it only ends up being about 700 baht less money you get than using wise with a bank to bank transfer. Its not too bad for that amount of money
the guy should use western union since he wants to transfer large amounts. Wise is best for smaller amounts, usually anything under 120,000 baht but anything over then western union is better. Wise takes a percentage where western union has a flat rate no matter the amount and WU increase their exchange rate on the more money you transfer.
I use wise for small amounts and wu for large transfers
You need to use land borders. If you use the land borders that visa run companies use, you can drive yourself and pay a fee at the border for the stamp. Or just go with the border run company. You can live in Thailand non-stop if you use land borders