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Kasikorn Bank can't confirm UK pension comes from abroad?


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I also use Kasikorn and have been getting letters form them confirming transfer of funds from abroad for years, ever since an IO required it of me for annual extension (apparently wrongly, but they di

For those of you using Transferwise (TW) to transfer funds I have had two long conversations with Kbank.   The transfers will be placed in one of 3 TW Thai bank affilaites namely BBL, TMB or

Maybe, just maybe, banks will review their code system if a lot of Farang customers will move their account to the Bangkok Bank.   On the other hand I am afraid we are not that important.

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4 hours ago, Sheryl said:

Actually your branch can contact them and obtain it for you if you can explain to them what it is you want, but I had difficulty with that initially. Once you have one to show them it is a little easier. Or just call the Call center while you are at the branch.

Thanks for the example of the Credit Advice receipt.

 

After accompanying one of the more senior expats to his local KK branch today, everything is now underway and arranged for him to receive these receipts following UK transfers. 

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5 hours ago, billd766 said:

We can provide you with TransferWise Transfer Receipts if this will be beneficial to you.

That's as good as a Credit Advice receipt, it shows a sterling to baht transaction, but will Immigration accept them as supporting evidence.

 

Every transaction I've made through TW to Bangkok Bank details as FTT, so no such problem with BKK.

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56 minutes ago, Tanoshi said:

That's as good as a Credit Advice receipt

I think a credit advise from a Thai bank (with a couple pretty red stamps in it) would carry more weight with TI than the TransferWise .pdf receipt that could be easily manipulated... I would arm myself with both along with a copy of your home county bank showing the funds leaving... 😉

 

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18 minutes ago, sfokevin said:

I think a credit advise from a Thai bank (with a couple pretty red stamps in it) would carry more weight with TI than the TransferWise .pdf receipt that could be easily manipulated... I would arm myself with both along with a copy of your home county bank showing the funds leaving... 😉

 

If like my friend who has 3 separate pensions a month paid directly into KK (show as TRN), then that's 36 credit advice notes for a 12 month period. I don't think Immigration has a clue of the extra documents that are about to fall in their laps.

I suspect many expats have more than one pension paid monthly.

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If like my friend who has 3 separate pensions a month paid directly into KK (show as TRN), then that's 36 credit advice notes for a 12 month period. I don't think Immigration has a clue of the extra documents that are about to fall in their laps.
I suspect many expats have more than one pension paid monthly.
Don't show the Credit Advice to Imm. Show them to your local branch and ask them to incorporate the transfer details into their letter. Then just show the 1 letter plus bank book to Imm.

Sent from my SM-J701F using Thailand Forum - Thaivisa mobile app

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On ‎1‎/‎9‎/‎2019 at 11:40 PM, Sheryl said:

you may need to update more than a couple of times a year if yo uhave a ot of transactions.

 

After a certain number of transactions the update will automatically combine them into a single code. You can request a separate detailed printout but you miss the chance to have the bank book show what it needs to show. has happened to me several times. Last time after less than 2 month since prior update.

Would it make  sense to have two accounts? One used to receive the monthly transfer of 65,000 baht to use to report to TI and then have a second account that you transfer most of the money from acct one to for your daily use as needed? Then you just have to show the deposit activity from acct #1 each year for the extension. Would that make things easier?

 

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My apologies if this has already been picked up earlier in this thread.

 

I notice that transfers into my account are simply identified as "TRN" in my Kasikorn Bank book. However when i just now checked my account online via the KCyber online banking route, in the section "Account Management" /  "Statement Enquiry" foreign transfers made by me from my bank in the UK direct into my Kasikorn bank account is clearly visible as: "international Trade and Factoring Centre TFNXXXXXX. But my UK Government pension, which is paid directly into my account is identifeid as "Domestic Money Transfer BNTXXXX".

 

Would I be right in assuming that this is because my UK pension is paid into the Kasikorn Bank Head office and is then transferred onwards to my CM account (hence a "Domestic Money Transfer). Can I ask Kasikorn to identify the payment from now on as an International Payment?

 

By the way, 6 months accounts are available for copying.

 

Regards,

 

Joe

 

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12 minutes ago, Shoeless Joe said:

My apologies if this has already been picked up earlier in this thread.

 

I notice that transfers into my account are simply identified as "TRN" in my Kasikorn Bank book. However when i just now checked my account online via the KCyber online banking route, in the section "Account Management" /  "Statement Enquiry" foreign transfers made by me from my bank in the UK direct into my Kasikorn bank account is clearly visible as: "international Trade and Factoring Centre TFNXXXXXX. But my UK Government pension, which is paid directly into my account is identifeid as "Domestic Money Transfer BNTXXXX".

 

Would I be right in assuming that this is because my UK pension is paid into the Kasikorn Bank Head office and is then transferred onwards to my CM account (hence a "Domestic Money Transfer). Can I ask Kasikorn to identify the payment from now on as an International Payment?

 

By the way, 6 months accounts are available for copying.

 

Regards,

 

Joe

 

I think all foreign transfer come in through the Head Office so that will not be why.

 

Possibly the pension is being sent first to a different bank in Thailand which then transfers it to your bank. Can you check with the Office that sends the pension?

 

Others seem to have mentioned the same thing.

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Yes, OK and thanks.

 

I think that somewhere I might have the original paperwork from 6 or 7 years ago, when I first set up the transfer. I'll also check with the Pension Service and with Kasokorn bank. If I find out anything useful, I'll add it to this thread.

 

Regards,

 

Joe

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12 hours ago, HuskerDo said:

Would it make  sense to have two accounts? One used to receive the monthly transfer of 65,000 baht to use to report to TI and then have a second account that you transfer most of the money from acct one to for your daily use as needed? Then you just have to show the deposit activity from acct #1 each year for the extension. Would that make things easier? 

 

Yes i agree. I have decided to have my 800k in a Krungsri account (to get decent interest rates) and open a Bangkok Bank account to receive my 65k a month (hopefully showing it as from a foreign bank). So if there is any problem with immigration qualifying on either basis i have the other one to show them.

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