Jump to content
BANGKOK 23 April 2019 03:28
Pappap

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

Recommended Posts

15 hours ago, Danthai said:

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?

Since the title of this thread includes "UK Pensions" you're not likely to get many people reading your post who are "in the US using a credit union."

 

Start a new thread in the Home Country forum mentioning US Credit Unions.

 

Also reread what you wrote before re-posting. Things like "then transfer down hall" or  "Changing Government deposit plans takes both directions," don't make a lot of sense even in context.

 

Ask your credit union if they can do ACH transfers in the IAT format. Not likely, but if they can, then open a Bangkok Bank account in Thailand and have your credit union send deposits to the New York branch of Bangkok Bank. 

Quote


If you have a U.S. bank account, you can conveniently transfer funds to a recipient's bank account at Bangkok Bank in Thailand via the internet by completing the steps described below for an international ACH transaction (IAT). International ACH payments are processed in accordance with operating rules and formats developed by the Electronic Payments Association (NACHA).

 

https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-US-to-Thailand-via-Bangkok-Bank-NewYork-branch

Share this post


Link to post
Share on other sites

As long as you have a Bangkok Bank account you will not have a problem with using Transferwise.

My bank statement transfers are shown as International Transfer.

If anyone has not got a Bangkok Bank account I would suggest opening one asap.

Share this post


Link to post
Share on other sites

Having enjoyed 13 years in the Kingdom it’s time to move on to pastures green , every years seems to get more difficult when applying for extension of stay.

Share this post


Link to post
Share on other sites
29 minutes ago, crazykopite said:

Having enjoyed 13 years in the Kingdom it’s time to move on to pastures green , every years seems to get more difficult when applying for extension of stay.

Same same, but I am going to stick around a bit longer. It might well be obligatory medical insurance, or obligatory medical treatment that drives me to those green pastures... or back to misery land!

Share this post


Link to post
Share on other sites

I bank with Bangkok Bank. MY UK government is transferred by the government and appears as a BAHTNET transfer. Transferwise payments are listed as "international transfer"

Share this post


Link to post
Share on other sites
And as I had pointed out to me SOME regional offices do not accept this, Udon Thani was cited. Where is your Extension done?
Phuket. I have used my FCD account to renew my extension for the last 2 years.
  • Thanks 1

Share this post


Link to post
Share on other sites
2 hours ago, Jeffrey346 said:

TransferWise has the ability to print a PDF showing all your transfers. The PDF shows the amount, time and date of the transfer and the Bank and account number the funds are transfered to.

I would think this is sufficient backup evidence. 

TransferWise do not transfer money internationally, they have local accounts and pay it locally. 

  • Confused 1

Share this post


Link to post
Share on other sites
50 minutes ago, NorfolkBoy said:

I bank with Bangkok Bank. MY UK government is transferred by the government and appears as a BAHTNET transfer. Transferwise payments are listed as "international transfer"

So therefore Immigration won't accept the UK gov payment as income from abroad, same prob I have with Kasikorn.

 

  • Like 1

Share this post


Link to post
Share on other sites
50 minutes ago, sniggie said:

Thanks for providing this. I think that this is pretty clear. For those of us who have used Transferwise for some time will be aware that their service has become quicker over time and is often next day. Clearly their current business model doesn't give any concern as to how the payment is recorded in individual Thai bank accounts. As others have pointed out it's hit and miss as to how it is shown in your account as it might on occasions come from another Thai bank account. I think that, from the middle of 2019 we may well have to revert to the 'old fashioned', slower and costlier SWIFT transfer to get the 65k over each month and use Transferwise only for extras. A pain but there it is.

 

As an aside I wonder if a letter from my wife stating that she would throw me out if I only brought over 65k a month would satisfy immigration!  I smile wistfully at the posts suggesting that the poster is wondering how they can possibly spend 65k a month. May I direct them to my wife for advice?      

I have spoken to OFX there rates are nearly as good as TransferWise and the Customer Service appears good, they send the money by the Barclays routing system which use Bangkok bank (never mind) as their intermediary bank, I was just about close my account with Bangkok Bank but now might keep it open as use it for evidence of my transactions using OFX, I've yet to test the system.    

Share this post


Link to post
Share on other sites

I cant see the Banks standing loosing accounts without bringing the prob to the attention of the powers that be.

  • Like 1

Share this post


Link to post
Share on other sites
14 minutes ago, colinchaffers said:

I have spoken to OFX there rates are nearly as good as TransferWise and the Customer Service appears good, they send the money by the Barclays routing system which use Bangkok bank (never mind) as their intermediary bank, I was just about close my account with Bangkok Bank but now might keep it open as use it for evidence of my transactions using OFX, I've yet to test the system.    

Thanks. I have used OFX (as UKforex) for some time before I discovered Transferwise and I still have an account with them. I will consider that option.

  • Like 1

Share this post


Link to post
Share on other sites

Has anyone received funds into a Bangkok Bank account from Transferwise that were NOT shown as an Intl receipt..?

 

I've seen many reports (plus my own experience) that other banks are hit & miss, regardless of which intermediary bank gets used, but I've only ever seen reports that BBL is always a hit.

 

Perhaps time to (try to) open a BBL account..?

  • Like 1

Share this post


Link to post
Share on other sites
21 hours ago, Pappap said:

In that case it wont work for the Uk pension as that is transfered to a Thai Bank first as mentioned above, ummm

You need to establish how the payment is sent, its probably sent by a banking system like Barclays, Barclays use Bangkok bank as the intermediary bank, so I suspect that if you had an account with them it would show as an international transfer.  

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...