Max69xl Posted December 5, 2019 Share Posted December 5, 2019 29 minutes ago, Delight said: The way that Transferwise works is that the customer pays into the Transferwise UK bank-i.e.the requested amount to be exchanged. The Transferwise bank in Thailand then transfers the agreed Baht into their customers Thai bank account. So no SWIFT and no charges at the receiving Thai bank-it' s an internal transaction . Possibly has limitations if money is being brought in for a property purchase. It's the same if you send money from a bank in Europe which uses another bank in Thailand than yours. If your banking with one of TW partnerbanks in Thailand and uses the correct reason for transfer then the transfer will show up as foreign. I'm using Bangkok Bank and my TW transfers always shows up as foreign. And there's no problem if your sending money to buy a condo. You must choose the correct reason, 'Purchase of Property', and the receiving bank always knows where the money comes from,hence no problem. The only problem might be the amount. If to large, then a normal swift might be better, but if you can afford to buy a condo, you can afford the fees,too. Link to comment Share on other sites More sharing options...
treetops Posted December 5, 2019 Share Posted December 5, 2019 7 hours ago, Max69xl said: I know when sending THB via Bangkok Banks London Branch to a Bangkok Bank account in Thailand it's free . . . . No charges at the Thailand end but a £15 fee from BBL London and their (worse) exchange rate. https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-UK-to-Thailand-via-London-Branch Open up "Fees and conversion options" for details. Link to comment Share on other sites More sharing options...
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