LongTimeLurker Posted January 8, 2019 Share Posted January 8, 2019 No need to go to head office of Kasikorn in my previous experience, just ask your local branch for a "bai rap rong" for every incoming overseas transaction. 2 Link to comment Share on other sites More sharing options...
KhunBENQ Posted January 8, 2019 Share Posted January 8, 2019 30 minutes ago, scubascuba3 said: Nightmare for the banks also to provide a letter, what happens if some say Intl some not, etc etc, irate falang, maybe they will charge for the extra hassle The whole thing could become a bureaucratic nightmare if executed to the point. Prepare for even longer queues. 2 Link to comment Share on other sites More sharing options...
Pappap Posted January 8, 2019 Author Share Posted January 8, 2019 Yep, the Bai Rap Rong works but only if show directly from an international bank, as mentioned they can't confirm if it's come via an interbank transfer, ie Transferwise or the UK government who use an intermediary bank first. 2 Link to comment Share on other sites More sharing options...
TMEXSUB Posted January 8, 2019 Share Posted January 8, 2019 Just a quick clarification, I'm with Bangkok Bank and I transfer money into from the UK using transferwise. I can confirm that on the Bangkok Bank app my transfer shows as an "International Transfer". Hope that is useful info 2 1 Link to comment Share on other sites More sharing options...
Pappap Posted January 8, 2019 Author Share Posted January 8, 2019 Thanks yep looks like going to use Bangkok Bank, most useful thank you... Link to comment Share on other sites More sharing options...
Danthai Posted January 8, 2019 Share Posted January 8, 2019 I checked with my credit union in US where I've banked for 30 years and have been counter transferring through Bangkok Bangkok bank by Visa Debit counter transfer for 20 years, then transfer down hall to SCB. I ask about International transfers by SWIFT code to my account. No can do. They can wire international, but must call them on phone to do and there is a total of $66.00 per international wire. So my combination plan is not sure thing. Changing Government deposit plans takes both directions. Is many one else in US using a Credit Union? Link to comment Share on other sites More sharing options...
Popular Post tigerbalm Posted January 8, 2019 Popular Post Share Posted January 8, 2019 Hi I like the OP went to Kasikorn today. I was told all the codes are in the back of your kasikorn book (See attachment). Relevant codes what they reffer to are highlighted in red. It seems that the entry from Transferwise as previously stated comes up in the BANK STATEMENT as DUMMY BRANCH MCL07206 07206 code according to the back of the book code definition = Deduct / Receive Other Transfers. (OK other transfers, But not International) In the BANK BOOK (Mine anyway) has the Transferwise entry has the Kasikorn code 7416 =Stock trading Suppliers. <deleted>(Excuse my language) i did not notice this untill i got home or i would have asked the Kasikorn staff to explain it. The actual code for International Incoming International Transactions is 05027. The international code 05027 that would in my opinion satisfy the Thai Immigration when showing the bank book entries So it looks like either you loose a chunk of money and send it from your bank in UK and face higher charges, or move over to sending it to BKK Via Transferwise (If you are using them). The problem is you have to start from the beginning, my extension of stay is due for renewal in May so if i change to having the income going in to BKK, i will only have 4 months of income to show Jan Feb Mar & Apr Would that be enough (Genuine question for any body good enough to say yes or no.) Any way i hope this has helped in some way. By the way i am a UK citizen so it may be different to other nationalities Regards TB Ps if the image is to small or big i will resize it but until i have uploaded it and took a peek i wont know . 4 Link to comment Share on other sites More sharing options...
Sheryl Posted January 8, 2019 Share Posted January 8, 2019 Can anyone confirm that Transfer wise definitely shows up as a monies coming in from abroad?Only at the bank which initially receives it which is seemingly Bangkok Bank though someone else seems to have mentioned it going to TMBIf your account is at the bank in Thailand that TW initially sends to then no problem. But if at another bank they will receive itas a fomestic transfet from the first bank. You would need to get a letter from the 1st receiving bank (the 1st bank in Thailand that the funds go to) to establish that the funds came from abroad and were then sent to your account at Bank X. Your own Bank will have no way of knowing this, their records will only show that it was transferred in trom another Thai bank.Sent from my SM-J701F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
BestB Posted January 8, 2019 Share Posted January 8, 2019 Whenever I transfer money from overseas into my kbank account , I always get remmitance email from kbank advising of international transfer, rate they applied and fees. Surely can use these emails , just print it. If you do not get it, might be easier to ask to have email notifications than to ask for confirmation letter or for them to change codes. Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 8, 2019 Share Posted January 8, 2019 Hi I like the OP went to Kasikorn today. I was told all the codes are in the back of your kasikorn book (See attachment). Relevant codes what they reffer to are highlighted in red. It seems that the entry from Transferwise as previously stated comes up in the BANK STATEMENT as DUMMY BRANCH MCL07206 07206 code according to the back of the book code definition = Deduct / Receive Other Transfers. (OK other transfers, But not International) In the BANK BOOK (Mine anyway) has the Transferwise entry has the Kasikorn code 7416 =Stock trading Suppliers. (Excuse my language) i did not notice this untill i got home or i would have asked the Kasikorn staff to explain it. The actual code for International Incoming International Transactions is 05027. The international code 05027 that would in my opinion satisfy the Thai Immigration when showing the bank book entries So it looks like either you loose a chunk of money and send it from your bank in UK and face higher charges, or move over to sending it to BKK Via Transferwise (If you are using them). The problem is you have to start from the beginning, my extension of stay is due for renewal in May so if i change to having the income going in to BKK, i will only have 4 months of income to show Jan Feb Mar & Apr Would that be enough (Genuine question for any body good enough to say yes or no.) Any way i hope this has helped in some way. By the way i am a UK citizen so it may be different to other nationalities Regards TB Ps if the image is to small or big i will resize it but until i have uploaded it and took a peek i wont know . I can't see the code on the list for my transfer from Starling bank. Depending on the process they could apply the wrong code. I was going to go to Kasikorn today, i decided to wait until the dust settles Link to comment Share on other sites More sharing options...
Popular Post billd766 Posted January 8, 2019 Popular Post Share Posted January 8, 2019 2 hours ago, LongTimeLurker said: No need to go to head office of Kasikorn in my previous experience, just ask your local branch for a "bai rap rong" for every incoming overseas transaction. The problem I have, is that the entire staff of my local KBank in rural Khampaeng Phet Phet have a smaller combined vocabulary than my neighbours 13 year old daughter. And there are about 10 of them. 3 Link to comment Share on other sites More sharing options...
JAS21 Posted January 8, 2019 Share Posted January 8, 2019 I understand that a company called Revolut show exchange rates close to TransferWise ...I have no information how their transfers show ...may be worth looking into This is gbp to thb ... Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 8, 2019 Share Posted January 8, 2019 I understand that a company called Revolut show exchange rates close to TransferWise ...I have no information how their transfers show ...may be worth looking into This is gbp to thb ...No, Revolut give poor exchange rates especially at the weekend. THB is an illiquid currency same as Russian ruble Link to comment Share on other sites More sharing options...
trd Posted January 8, 2019 Share Posted January 8, 2019 I understand that a company called Revolut show exchange rates close to TransferWise ...I have no information how their transfers show ...may be worth looking into This is gbp to thb ...Transferwise gives you the mid rate and it doesn't change after you made the transaction. That's what makes it attractive. Your bank will exchange at the baht buying rate not the mid rate so you're paying more with a swift transfer. Link to comment Share on other sites More sharing options...
trd Posted January 8, 2019 Share Posted January 8, 2019 No, Revolut give poor exchange rates especially at the weekend. THB is an illiquid currency same as Russian rubleGuaranteed midrate from transferwise. Whatever is showing on the screen before you do the transaction is guaranteed. It matches exactly what you will see on XE currency. 1 Link to comment Share on other sites More sharing options...
DRG Posted January 8, 2019 Share Posted January 8, 2019 Has anyone done a TW transfer to Krung Thai Bank? Does it show as an overseas transfer?Sent from my SM-J701F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Pappap Posted January 8, 2019 Author Share Posted January 8, 2019 A previous post said he uses TW there and it doesn't show as an overseas transfer, seems the only Bank that does is Bangkok Bank. 2 Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 8, 2019 Share Posted January 8, 2019 Guaranteed midrate from transferwise. Whatever is showing on the screen before you do the transaction is guaranteed. It matches exactly what you will see on XE currency.It seems that is different to the rate you get using Revolut card for purchases and cash withdrawals Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 The FX transfer companies don’t have their own bank routing systems, so they use other banking routings systems who’s use an intermediary bank, I spoke to OFX yesterday who’s rates are nearly as good as TransferWise and they use Barclays routing system who’s intermediary bank is Bangkok bank. I’m going use them in future. Sent from my iPad using Thaivisa Connect BTW I tried to contact TransferWise and could not find a customer service number, I won’t be using them. Link to comment Share on other sites More sharing options...
Popular Post OJAS Posted January 8, 2019 Popular Post Share Posted January 8, 2019 As I have commented on the latest mega-thread, I would have thought it possible to establish a trail for a TransferWise transfer from one’s home bank account to one’s Thai bank account, regardless of how it is coded at the Thai end, via (1) a home bank account statement indicating the initial debit to TransferWise, and (2) the TransferWise confirmation report which indicates the amount paid (equalling the home bank account debit) and, subsequently, the amount of the THB conversion plus details of the Thai bank account which is to be credited, for verification against the passbook in due course. Certainly it is my intention, when I eventually ask my bank for a certification letter, to arm myself with copies of relevant home bank account statements and TransferWise confirmation reports, in addition to my Thai bank passbook. 3 Link to comment Share on other sites More sharing options...
Popular Post chickenslegs Posted January 8, 2019 Popular Post Share Posted January 8, 2019 26 minutes ago, colinchaffers said: BTW I tried to contact TransferWise and could not find a customer service number, I won’t be using them. On the website, at the bottom of every page, is an option "Help Centre". Click on it and you will see an option "Contact Us" on the right hand side, second line down of the page. Click on this and you will see options to email, chat(live) or phone. 2 2 Link to comment Share on other sites More sharing options...
Popular Post scubascuba3 Posted January 8, 2019 Popular Post Share Posted January 8, 2019 As I have commented on the latest mega-thread, I would have thought it possible to establish a trail for a TransferWise transfer from one’s home bank account to one’s Thai bank account, regardless of how it is coded at the Thai end, via (1) a home bank account statement indicating the initial debit to TransferWise, and (2) the TransferWise confirmation report which indicates the amount paid (equalling the home bank account debit) and, subsequently, the amount of the THB conversion plus details of the Thai bank account which is to be credited, for verification against the passbook in due course. Certainly it is my intention, when I eventually ask my bank for a certification letter, to arm myself with copies of relevant home bank account statements and TransferWise confirmation reports, in addition to my Thai bank passbook. Good luck with that. We need Immigration to confirm what is acceptable otherwise banks won't be comfortable confirming, or won't want to devote the time to it 3 Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 As I have commented on the latest mega-thread, I would have thought it possible to establish a trail for a TransferWise transfer from one’s home bank account to one’s Thai bank account, regardless of how it is coded at the Thai end, via (1) a home bank account statement indicating the initial debit to TransferWise, and (2) the TransferWise confirmation report which indicates the amount paid (equalling the home bank account debit) and, subsequently, the amount of the THB conversion plus details of the Thai bank account which is to be credited, for verification against the passbook in due course. Certainly it is my intention, when I eventually ask my bank for a certification letter, to arm myself with copies of relevant home bank account statements and TransferWise confirmation reports, in addition to my Thai bank passbook. It's a tough route to go, from your banks perspective all they see is a local transfer from the intermediary bank and may refuse to give you the certificate required. You may have to explain to immigration yourself. Much better to have an account with the fund transfer companies intermediary bank. A whole lot simpler. The extension process can be diffcult enough why complicate matters. If they allow next time they probably won't the following year.Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
trd Posted January 8, 2019 Share Posted January 8, 2019 Let's get real. There's no way Thai immigration are going to accept a printout from your phone of your transaction with Transferwise. 1 Link to comment Share on other sites More sharing options...
Popular Post sometimewoodworker Posted January 8, 2019 Popular Post Share Posted January 8, 2019 9 minutes ago, scubascuba3 said: 20 minutes ago, OJAS said: As I have commented on the latest mega-thread, I would have thought it possible to establish a trail for a TransferWise transfer from one’s home bank account to one’s Thai bank account, regardless of how it is coded at the Thai end, via (1) a home bank account statement indicating the initial debit to TransferWise, and (2) the TransferWise confirmation report which indicates the amount paid (equalling the home bank account debit) and, subsequently, the amount of the THB conversion plus details of the Thai bank account which is to be credited, for verification against the passbook in due course. Certainly it is my intention, when I eventually ask my bank for a certification letter, to arm myself with copies of relevant home bank account statements and TransferWise confirmation reports, in addition to my Thai bank passbook. Good luck with that. We need Immigration to confirm what is acceptable otherwise banks won't be comfortable confirming, or won't want to devote the time to it They have already detailed what is acceptable and OAJS's idea is unlikely to be accepted. bank letter + 12 month statement = 30 ~ 60 seconds to check, IO accepted the suggested method above very much longer, IO says "where is the bank letter and statement, come back when you have them, Next please" 3 Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 On the website, at the bottom of every page, is an option "Help Centre". Click on it and you will see an option "Contact Us" on the right hand side, second line down of the page. Click on this and you will see options to email, chat(live) or phone.Thanks for that, I found out what the issue was, I wasn't logged on. Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 8, 2019 Share Posted January 8, 2019 They have already detailed what is acceptable and OAJS's idea is unlikely to be accepted. bank letter + 12 month statement = 30 ~ 60 seconds to check, IO accepted the suggested method above very much longer, IO says "where is the bank letter and statement, come back when you have them, Next please"But they don't understand the complexities of transfers coming in from abroad from various sources. Instructions are too simplistic 1 Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 The problem I have, is that the entire staff of my local KBank in rural Khampaeng Phet Phet have a smaller combined vocabulary than my neighbours 13 year old daughter. And there are about 10 of them.Call the Kbank call centre while your in the bank, I've been impressed with there English they will explain it to the local staff. Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app 1 Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 A previous post said he uses TW there and it doesn't show as an overseas transfer, seems the only Bank that does is Bangkok Bank.It's because most of the FX transfer companies use a bank routing system who use an intermedtirty bank, in this case Bangkok bank, all other Thai banks who finally receive the payments will see them as local payments. Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
colinchaffers Posted January 8, 2019 Share Posted January 8, 2019 Whenever I transfer money from overseas into my kbank account , I always get remmitance email from kbank advising of international transfer, rate they applied and fees. Surely can use these emails , just print it. If you do not get it, might be easier to ask to have email notifications than to ask for confirmation letter or for them to change codes. Won't be acceptable to immigration. Thier looking at the transfer code in your pass book to confirm it's an overseas payment and the bank to give you a letter confirming the payments came from overseas. Sent from my SM-G935F using Thailand Forum - Thaivisa mobile app 1 Link to comment Share on other sites More sharing options...
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