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flossie35

Retirement visa; bank letter; Bangkok Bank problem

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Renewed my retirement visa at Chiang Mai this morning.

My pension comes via Bangkok Bank London Branch, which means that receipts are recorded just as transfers, not as transfers from overseas. So my branch had to make ‘phone calls to verify the origin of the transfers, which they were then able to certify. However the immigration officer wa not satisfied with this, and wanted to see an old embassy pension confirmation letter as well. Fortunately I had kept a copy of the 2016 letter which I was able to produce – problem solved.

Other Bangkok Bank customers might like to be aware of the problem, and to not destroy their old embassy letters. Failing that the SMS advising that “London Branch has…” might serve as ecidence.

Apart from this all very easy. Arrived 0645; office open; no separate queues for different visas but we were seated in some sort of order of arrival; queue for queue tickets opened about 0730; was given number 3 much to my surprise as there were quite a lot of elderly persons ahead of me  - but there must have been more than one counter for retirements.  Process then very quick apart from minor hitch mentioned above.

All very friendly contrary to what some others are reporting.

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1 hour ago, flossie35 said:

My pension comes via Bangkok Bank London Branch, which means that receipts are recorded just as transfers, not as transfers from overseas.

So does this mean that the GBP-to-THB conversion is, in your case, performed pre-transfer in London at a fixed charge of £15? If so, then you should switch to the GBP-to-THB conversion in Bangkok alternative at charges of £20 plus 0.25% at the Bangkok end in order to gain the coveted FTT coding for each transfer in your passbook.

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Interesting as my US bank transfers to Bangkok, NYC and within two business days I am notified that the funds are available. The funds are marked FTT in my bank book showing them as foreign funds transfers monthly.

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22 hours ago, flossie35 said:

Renewed my retirement visa at Chiang Mai this morning.

 

My pension comes via Bangkok Bank London Branch, which means that receipts are recorded just as transfers, not as transfers from overseas

You didn't renew your retirement visa, you obtained an extension of your permission to stay. You don't have a visa which is why you need a re-entry permit if you want to enter Thailand after travel out of the country.

 

I've received monthly transfers via Bangkok Bank for years. The deposits are all designated as foreign transfers. It sounds like you're transferring baht instead of transferring GBP.

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Adding to the comment of OJAS above: If I transfer funds from my bank in the US converted to Siam Comercial Bank as baht (i.e., transfer as baht) they appear with a channel code as a local transfer. But if I transfer as US$  (then converted to THB after arrival at SCB), the transfer channel is FRCI (international transfer. It took me a while to figure this out. Saves a lot of trouble with the documentation.

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1 hour ago, wwest5829 said:

Interesting as my US bank transfers to Bangkok, NYC and within two business days I am notified that the funds are available. The funds are marked FTT in my bank book showing them as foreign funds transfers monthly.

I am notified of my FFT the afternoon of the 3rd (a.m. in the US) direct deposit from SSA via Bangkok Bank, NYC.  No delay.  I do the same thing with my company pension on the 1st, no delay.  They exchange $ to ฿ with no transfer fee.  I do not deposit cash.

 

B1st account with a debit card that can be used at any bank and any province with no fee.  Although there is a 400฿ annual fee for the card and a 15฿ monthly SMS fee.  I update my passbook after transfers and highlight both FFT's. 

 

I transfer to my wife's account as needed via the mobile app or she just borrows my card.

 

Glad I don't have to mess with TransferWise anymore.  Easier for me and immigration.

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1 minute ago, timkeen08 said:

I am notified of my FFT the afternoon of the 3rd (a.m. in the US) direct deposit from SSA via Bangkok Bank, NYC.  No delay.  I do the same thing with my company pension on the 1st, no delay.  They exchange $ to ฿ with no transfer fee.  I do not deposit cash.

 

B1st account with a debit card that can be used at any bank and any province with no fee.  Although there is a 400฿ annual fee for the card and a 15฿ monthly SMS fee.  I update my passbook after transfers and highlight both FFT's. 

 

I transfer to my wife's account as needed via the mobile app or she just borrows my card.

 

Glad I don't have to mess with TransferWise anymore.  Easier for me and immigration.

My reading leads me to believe your SS transfers will remain good. We will have to see what happens after September 30 as that is the new deadline for cutting off deposits not in the correct format demanded by Bangkok Bank, NYC. I have been informed that my EFT from my Fidelity account to Bangkok Bank NYC is not in the correct format for them to accept. My fallback will be Transferwise if I cannot get my Fidelity transfer to work anymore. I may be able to do SWIFT transfers directly to Bangkok Bank here in Chiang Mai but I need to compare costs for the once a month automated transfers.

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Post flaming other member removed.


Sent from my iPhone using Thaivisa Connect

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My pension goes to Barclays. I bounce it in GBP to BKK London as needed. It always shows up as International Transfer in my statements which is what I print & usually give them. Still FTT in book bank though. See what happens next month. I'm up to bat again. 

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On 9/17/2019 at 12:10 PM, flossie35 said:

.......Fortunately I had kept a copy of the 2016 letter which I was able to produce – problem solved.

........

 Process then very quick apart from minor hitch mentioned above.

 

All very friendly contrary to what some others are reporting.

So this is why there are so many differences in peoples experiences. What if you did not have the copy of the letter and it was difficult to source a new copy and a 250km round trip back to immigration.

 

You would have had a not "all very friendly" experience. Just a heads up that it does happen and it happens to many.

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On 9/17/2019 at 12:10 PM, flossie35 said:

My pension comes via Bangkok Bank London Branch, which means that receipts are recorded just as transfers, not as transfers from overseas. So my branch had to make ‘phone calls to verify the origin of the transfers, which they were then able to certify.

How exactly does this transfer take place.

What code are you using for the transfer.

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23 hours ago, OJAS said:

So does this mean that the GBP-to-THB conversion is, in your case, performed pre-transfer in London at a fixed charge of £15? If so, then you should switch to the GBP-to-THB conversion in Bangkok alternative at charges of £20 plus 0.25% at the Bangkok end in order to gain the coveted FTT coding for each transfer in your passbook.

@flossie35 Another point that might be worth making is that you actually get more bang for your bucks with the £20/0.25% post-transfer method, despite the higher overall charge. This is because the exchange rate used by Bangkok Bank's London branch for pre-transfer conversions under the £15 method is way inferior to the corresponding TT rate applied at the Bangkok end.

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A bit off topic did my ret visa today two and a half hours thought I had everything nailed but the dreaded bit of bank details in swopping to a new book sent me scurrying across the 8 lane return race track to the offsite copy con only to find I had to brave it again for the more copy's of the new visa to get a re entry permit for a whopping 3800bt all in all far better than Promanada but could be better if they dropped the pointless photocopying and combined the retirement and re-entry at the same time same desk but that would be to easy🤔  

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19 minutes ago, sammieuk1 said:

A bit off topic did my ret visa today two and a half hours thought I had everything nailed but the dreaded bit of bank details in swopping to a new book sent me scurrying across the 8 lane return race track to the offsite copy con only to find I had to brave it again for the more copy's of the new visa to get a re entry permit for a whopping 3800bt all in all far better than Promanada but could be better if they dropped the pointless photocopying and combined the retirement and re-entry at the same time same desk but that would be to easy🤔  

Only 1,000 baht for a single entry re-entry permit , 3,800 baht  gives you multible rentries for the life of your permit to stay. 

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