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BANGKOK 20 August 2019 01:09
oxmermaid

Transferwise international transfers heads up

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Posted (edited)

Even though i bank with Krungsri i opened a Bangkok Bank account purely to do my monthly 65k transfers with Tranferswise. So far have the FTT on all transfers. Bit of a pain though as every month i have to withdraw 65k in cash from BKK and deposit it at Krungsri.

Edited by Henryford
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This glitch appeared last week, when was the last time you tried the BBL transfer?

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Posted (edited)
1 hour ago, Henryford said:

Even though i bank with Krungsri i opened a Bangkok Bank account purely to do my monthly 65k transfers with Tranferswise. So far have the FTT on all transfers. Bit of a pain though as every month i have to withdraw 65k in cash from BKK and deposit it at Krungsri.

I have been in contact with Transferwise several times over the last 2 months about the FET letter Bangkok Bank issue.  I bank with TMB , but have asked TW whether it would be better to move to Bangkok Bank. They told me that even if I did so I would still need to contact them by 'Callback'  for every future transaction to confirm I wanted the transfer to be made by Bangkok Bank, even though I might hold an account there. This was after they said they had put a 'tag' on my account to remind them to use Bangkok Bank for the transfer! Finally, has anyone got a copy of the FET letter, or has any idea where I can find a copy?

Edited by joebrown
change grammar
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1 hour ago, oxmermaid said:

This glitch appeared last week, when was the last time you tried the BBL transfer?

I received a transfer on 21/06/2019 and it was FTT. That was from Australia.

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just did a transfer on 24 June from . my US bank to Bangkok Bank. No need to do a Callback to make sure it went to Bangkok Bank. Went into the bank a couple of days later to get a credit advice to use with immigration and it confirmed that the funds had arrived as FTT.

 

One thing to note about Transferwise is that they raised their fee between this transfer and the prior one. For about the same US$ transfer amount, the fee increased from US$18.73 to US$22.60. 

 

David

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3 minutes ago, Genericnic said:

just did a transfer on 24 June from . my US bank to Bangkok Bank. No need to do a Callback to make sure it went to Bangkok Bank. Went into the bank a couple of days later to get a credit advice to use with immigration and it confirmed that the funds had arrived as FTT.

 

One thing to note about Transferwise is that they raised their fee between this transfer and the prior one. For about the same US$ transfer amount, the fee increased from US$18.73 to US$22.60. 

 

David

Hmm, I got this email from Transferwise :-

 

 

M***************** (TransferWise)

Jun 28, 14:04 CEST

Hey Xxxxxx,

BBL will definitely issue the transfer as a domestic payment - therefore I wouldn't recommend BBL because they will issue the transfer exactly like TMB and they don't have the possibility to issue any supporting documentation that might help your case. 
 
So has any one out there done an international transfer with TW to BBL, TMB or Kbank in the last 48 hours? Was there a problem with the transaction code designation?
 
I am more confused than ever. If things were not so serious I would laugh it off, but this seems to be the left hand not knowing what the right hand is doing. Both with TW and Kbank. What a foul up!
 
TIT and all that 😞
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Posted (edited)
4 hours ago, oxmermaid said:

Hi,

 

TW told me BBL (Bangkok Bank Limited) are also affected by this 'glitch'! Don't shoot the messenger 😞

I have had no problem this year with transfers from TW to my BBL account and my last transfer was on 21st June.

 

3 hours ago, Henryford said:

Even though i bank with Krungsri i opened a Bangkok Bank account purely to do my monthly 65k transfers with Tranferswise. So far have the FTT on all transfers. Bit of a pain though as every month i have to withdraw 65k in cash from BKK and deposit it at Krungsri.

 

I do online banking and simply transfer the money from BBL to KBank through internet banking as a free transfer.

Edited by billd766
Edited for bad spelling after I had posted it
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Guys is there any reason why you cannot use the Transferwise PDP as proof that your transfer came from abroad, all the figures correspond and the dates will only be a day adrift or 3 at the most. I've just looked at one of mine and it states TMB as the transferree into my SCB account and it shows the transfer as pounds sterling.

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2 minutes ago, oxmermaid said:

Without wanting to go over ground already covered in other threads, would you trust a front of office Immigration Officer to spend time ploughing through TW and other bumph when all they want is 12 international transfers one every month? You are right in collating the data but the IO has the power to reject if they so choose. 

Well i intend getting the bank letter confirming that a minimum of 65K has been transferred into my SCB account on or about the same date each month, the TW PDP (12) just confirms that the dosh has come from the UK. When i did my last retirement extension in January the Korat IO stated that next year i would have to provide bank confirmation of the transfer, no mention of proving that the transfer came from abroad, perhaps next January i'll just make sure i see the same IO.   

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