Steve&mem Posted October 4, 2019 Share Posted October 4, 2019 13 minutes ago, lopburi3 said: Why do you think this tune is so popular here? I will take that as a NO then. Link to comment Share on other sites More sharing options...
ChrisY1 Posted October 4, 2019 Share Posted October 4, 2019 Transferwise was used to hack my credit card in Australia 2 weeks ago...investigation still pending, but bank staff mentioned it's happened before Link to comment Share on other sites More sharing options...
scubascuba3 Posted October 4, 2019 Share Posted October 4, 2019 Transferwise was used to hack my credit card in Australia 2 weeks ago...investigation still pending, but bank staff mentioned it's happened before you mean there was fraud on your credit card and they think the details came from transferwise? fraud on my credit card yesterday, not obvious the cause, bank suggested a hack in the past 1 Link to comment Share on other sites More sharing options...
lujanit Posted October 4, 2019 Share Posted October 4, 2019 I use TW to transfer funds from my Australian account to my K Bank account. Never a problem. However I sometimes get a message saying I need to update the TW Bank details from Macquarie to Chase yet I can find no way to do it. An email exchange with TW replied with no worries we still have access to Macquarie Bank. Go figure. Link to comment Share on other sites More sharing options...
sumrit Posted October 4, 2019 Share Posted October 4, 2019 3 hours ago, Steve&mem said: Is it possible to send money back to the UK from Thailand using Transfer Wise, I have been looking but I can't see that option. No, TW don't provide that facility but there's another company based in Thailand, called Dee Money, that do. https://www.deemoney.com/ Link to comment Share on other sites More sharing options...
lopburi3 Posted October 4, 2019 Share Posted October 4, 2019 7 minutes ago, sumrit said: No, TW don't provide that facility but there's another company based in Thailand, called Dee Money, that do. https://www.deemoney.com/ They do not send to UK according to their website. 1 Link to comment Share on other sites More sharing options...
sumrit Posted October 4, 2019 Share Posted October 4, 2019 11 minutes ago, lopburi3 said: They do not send to UK according to their website. Sorry, I haven't used them but looked at their website several months ago and they certainly did then. Link to comment Share on other sites More sharing options...
Kadilo Posted October 4, 2019 Share Posted October 4, 2019 Dumb question time so apologies in advance but how do you get your TW transfer tagged to get them to send to your Thai bank (Kasikorn in my case) using the same bank. Can it be done on line or the TW app or is it simply a phone call. ? Link to comment Share on other sites More sharing options...
Popular Post sumrit Posted October 4, 2019 Popular Post Share Posted October 4, 2019 1 hour ago, Kadilo said: Dumb question time so apologies in advance but how do you get your TW transfer tagged to get them to send to your Thai bank (Kasikorn in my case) using the same bank. Can it be done on line or the TW app or is it simply a phone call. ? Yes, you simply phone them up with your TW account number and your Kasikorn Bank details and ask them to tag all your future transfers to be routed directly to your Kasikorn account. That only needs to be done once. Then when sending future transfers you only have select your reason for transfer in the drop down box to the 'long term living in Thailand' option. 2 1 Link to comment Share on other sites More sharing options...
jacko45k Posted October 4, 2019 Share Posted October 4, 2019 19 hours ago, scubascuba3 said: 22 hours ago, jacko45k said: More accurately, it may not get processed as an International payment... you make it sound like they would deliberately route it through a different Thai Bank. I expect if people do not have accounts at one of the 3 banks T/W use, that would likely still happen. Nope. Previous threads have said if the transaction is not tagged to use the same partner bank as your bank then they may use one of the other 2 partner banks. Also if the correct drop down option isn't chosen it may be processed as domestic I believe that is what I said. I doubt they would deliberately route it via a another bank than your own, just use the one that suits them best. Previously Bangkok Bank was working 90%+ of the time, before they came up with the new drop down option to 'ensure' it. Link to comment Share on other sites More sharing options...
jacko45k Posted October 4, 2019 Share Posted October 4, 2019 18 hours ago, john terry1001 said: If you want your transfers to arrive directly to your Thai bank account, it's not rocket science, you use the system that TW have set up and advise. Why would you use different options and still expect your transfers to arrive as you would like it to. Well I recall when I used TW, the one transfer that arrived 'domestic' via another local bank was actually faster than the so called direct International ones. But a moot point for me, I am still using 800k sitting pretty. Transferwise concerns me when I hear the local IOs are asking for proof of funds from the source end, ie your home country, to ensure they meet their created requirement that they must be pension funds. Link to comment Share on other sites More sharing options...
Kadilo Posted October 4, 2019 Share Posted October 4, 2019 8 hours ago, sumrit said: Yes, you simply phone them up with your TW account number and your Kasikorn Bank details and ask them to tag all your future transfers to be routed directly to your Kasikorn account. That only needs to be done once. Then when sending future transfers you only have select your reason for transfer in the drop down box to the 'long term living in Thailand' option. Many thanks. Link to comment Share on other sites More sharing options...
Matzzon Posted October 4, 2019 Share Posted October 4, 2019 Of course it´s working. Otherwise they wouldn´t offer the service. Link to comment Share on other sites More sharing options...
john terry1001 Posted October 5, 2019 Share Posted October 5, 2019 1 hour ago, jacko45k said: Well I recall when I used TW, the one transfer that arrived 'domestic' via another local bank was actually faster than the so called direct International ones. But a moot point for me, I am still using 800k sitting pretty. Transferwise concerns me when I hear the local IOs are asking for proof of funds from the source end, ie your home country, to ensure they meet their created requirement that they must be pension funds. I honestly can't see a major problem with that. We all know, up until the end of last year, that as well as people using the system correctly, there were many others who simply used an affidavit to declare an income figure that didn't actually exist knowing the information would never be checked/confirmed and that made a mockery of the Immigration rules. So now, if using the monthly income method, Immigration might ask for proof of the origin of a persons income in an attempt to show the income isn't simply the same money being recycled every month or from people working in Thailand illegally.................and why shouldn't they ask? Link to comment Share on other sites More sharing options...
treetops Posted October 6, 2019 Share Posted October 6, 2019 On 10/3/2019 at 9:01 PM, sumrit said: Nobody can guarantee 100% that there will never be an occasional blip in the system but what TW have done is talk to their three partner banks in Thailand who have agreed that should a rogue transfer go initially to the 'wrong' bank, that bank will supply us a 'Credit Advice Receipt' to confirm the transfer originated from abroad. Good you have your Plan B in place and proven out, others may not be so lucky as there were reports of branches not supplying the "Credit Advice Receipt" or the "Confirmation Letter of International Transfer" which was the other document used to provide evidence (and only 10 baht in one report). Link to comment Share on other sites More sharing options...
CrossBones Posted October 9, 2019 Share Posted October 9, 2019 On 10/2/2019 at 11:32 PM, gk10002000 said: As I prep for possible retirement visa and extensions and wanting to use the income method (USA citizen). I despise this monthly transfer being enforced now due to US Embassy being lazy and unwilling to work out a solution to the embassy letters. Having said that, visiting Transfer wise website today, I see that transferring $2,200 USD to Thailand would result in 66,689 Thai Baht, and a cost to me of $21 USD. So for a year, that would be 21 x 12 or $252. Not an earth shaking amount but still measurable and wasteful, when a more reasonable say transfer every 3 months could be done. I started to open an "account" with transferwise to check out how they set things up. I didn't get too far because I was not ready to give them all my personal Information yet. I presume you somehow indicate the personal bank account you want the funds to come from, and then later you enter the Thai bank account you want the funds to go to. I note they ask for a mobile phone number. That may be problematic since my USA phone and number probably will not work in Thailand. Do they send confirmation or verification code notices and things that you are required to enter when doing transfers? Or do you just log in from a computer somewhere? Also, do they allow you to set up repeat transfers, like once a month on the 15th for example? It should be a great deal cheaper than that. If you use transferwise bank transfer option? (not credit card or debit card) 1 Link to comment Share on other sites More sharing options...
phetphet Posted October 11, 2019 Share Posted October 11, 2019 I did a transfer from the UK via Transferwise this morning at 09:30 Thai time. Was in my account here an hour later. Pleasantly surprised as most previous ones have taken a day or two. Link to comment Share on other sites More sharing options...
lopburi3 Posted October 11, 2019 Share Posted October 11, 2019 Your stars must be in alignment as I did the same at about the same time today to a US account and it is due 16 or 17 October. Link to comment Share on other sites More sharing options...
BritManToo Posted October 11, 2019 Share Posted October 11, 2019 11 minutes ago, lopburi3 said: Your stars must be in alignment as I did the same at about the same time today to a US account and it is due 16 or 17 October. Same with me, Transferred from the UK this morning, they say arrival 15th October. Normally it's same or next day. Link to comment Share on other sites More sharing options...
john terry1001 Posted October 11, 2019 Share Posted October 11, 2019 2 hours ago, phetphet said: I did a transfer from the UK via Transferwise this morning at 09:30 Thai time. Was in my account here an hour later. Pleasantly surprised as most previous ones have taken a day or two. I've found if you initiate the transfer before 9:00am Thai time you will get the second email within an hour or so to confirm your transfer has arrived in your Thai Bank and will be in your account when your bank does their normal daily updates. Bangkok Bank for example update the account at 2:00pm each day. I normally initiate my transfers at around 7-8:00am and get the second email by about 9:00am. It's then available to use from my BKKB account from 2:00pm the same day. If you initiate the transfer after 9:00am Thai time you will usually have to wait 24 hours or so for completion, although it can still arrive sooner. 1 Link to comment Share on other sites More sharing options...
ubonjoe Posted October 11, 2019 Share Posted October 11, 2019 2 hours ago, BritManToo said: Same with me, Transferred from the UK this morning, they say arrival 15th October. Normally it's same or next day. It is Friday now before a 3 day weekend when the banks will be closed. So the 15th is the next day that banks are working to accept the transfer. 1 Link to comment Share on other sites More sharing options...
BritManToo Posted October 11, 2019 Share Posted October 11, 2019 52 minutes ago, ubonjoe said: It is Friday now before a 3 day weekend when the banks will be closed. So the 15th is the next day that banks are working to accept the transfer. I hadn't realised 14th was a holiday! Link to comment Share on other sites More sharing options...
Bill97 Posted October 12, 2019 Share Posted October 12, 2019 Your stars must be in alignment as I did the same at about the same time today to a US account and it is due 16 or 17 October. To a US account or from a US account?Sent from my iPhone using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
lopburi3 Posted October 13, 2019 Share Posted October 13, 2019 58 minutes ago, Bill97 said: To a US account or from a US account? Sent from my iPhone using Thailand Forum - Thaivisa mobile app Fm US to Thai rather than from UK. Sorry as see could be misunderstood. Link to comment Share on other sites More sharing options...
cliveshep Posted October 13, 2019 Share Posted October 13, 2019 Did the transfer last Thursday morning 8.00am BKK time, got a text from Bangkok Bank about 10 - 15 minutes later to say the money had arrived. Just how good is that? Link to comment Share on other sites More sharing options...
sumrit Posted October 14, 2019 Share Posted October 14, 2019 (edited) 23 hours ago, lopburi3 said: Fm US to Thai rather than from UK. Sorry as see could be misunderstood. From reading the countless posts from US expats on this forum since the changes in Transfer requirements came into force, I get the impression that the US Governments obsession with money laundering regulations, plus their more more complex and diverse banking system, causes a lot of the delays experienced by many expats from the US. The UK appears to have a different monitoring system which means we can transfer money, for everyday living expenses, without any problems or delays. Edited October 14, 2019 by sumrit Link to comment Share on other sites More sharing options...
tilac01 Posted October 14, 2019 Share Posted October 14, 2019 lopburi3, I believe you are a US citizen. Did you have to provide Transferwise your US bank password when setting up your account? I am hesitant to do so. Have you had any issues? thanks.. Link to comment Share on other sites More sharing options...
lopburi3 Posted October 14, 2019 Share Posted October 14, 2019 45 minutes ago, tilac01 said: lopburi3, I believe you are a US citizen. Did you have to provide Transferwise your US bank password when setting up your account? I am hesitant to do so. Have you had any issues? thanks.. No issues at all - it is done through a secure 3rd party access site in my understanding just to prove ownership. Link to comment Share on other sites More sharing options...
BritManToo Posted October 15, 2019 Share Posted October 15, 2019 (edited) So transferred from the UK Friday @ 37.8. Did another transfer today @ 38.4. Both arrived this afternoon, Fridays via another bank (SMART), todays as international (FTT) Is that a first? Edited October 15, 2019 by BritManToo Link to comment Share on other sites More sharing options...
john terry1001 Posted October 15, 2019 Share Posted October 15, 2019 (edited) 11 minutes ago, BritManToo said: So transferred from the UK Friday @ 37.8. Did another transfer today @ 38.4. Both arrived this afternoon, Fridays via another bank (SMART), todays as international (FTT) Is that a first? I assume you did both transfers using Transferwise. Is the Thai bank you're transferring to tagged in your TW account and did you use the correct/same 'reason for transfer' for both transfers? For the SMART transfer what Thai bank did it go via and what is the Thai bank you transfer to? Edited October 15, 2019 by john terry1001 Link to comment Share on other sites More sharing options...
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