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I was hoping to use Deemoney but they dropped the option of adding a bank account on their website & they now require using their app to get a QR code and to scan it with the bank's app, which is too cumbersome and insecure.

 

Any alternatives? AFAIK Transferwise isn't an option either.

 

Thanks

 

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I have used Deemoney a number of times to transfer funds to UK. Despite being far from the most tech savvy, I have no problems navigating their app / thai bank app to process the transfer within minutes for next working day credit. 

 

Other options appear limited to using main banks with their high charges and, from a number of forum comments, a need to supply paperwork to justify the transfer.

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The issue is not the difficulty of navigating an app but the inherent security-risks in mobile banking. And the way their app now operates it's required to use their app + the bank's app so a double dipping of worries.

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8 hours ago, userabcd said:

Banks, moneygram, western union.

 

Do not recommend but there is bitcoin?

Banks require a work permit to transfer funds overseas. I'm looking for a service which can be online so Western isn't an option either.

 

 

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18 hours ago, mike111 said:

Banks require a work permit to transfer funds overseas. I'm looking for a service which can be online so Western isn't an option either.

 

 

Western Union seem to have an online option for sending money from Thailand. Never used them for transfers from Thailand and am aware of their history of usury exchange rates, but might be worth a look if all else fails.

 

https://www.westernunion.com/th/en/send-money.html

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You can transfer at your bank.  I have Bangkok bank and wire transferred back to the USA.  However be aware they will convert your baht to USD and you will only receive the buy rate which will be a noticeable reduction.  I don't know if you routinely transfer but some banks including Bangkok bank offer dual currency accounts.  You can have your home country's currency and a second in baht.  If you want to transfer to baht, you exchange when the rate is good and place in the baht portion of the account.  If you have money in the account in your home countries currency and want to transfer it back, you pay only the wire transfer fee since the currency is not being exchanged.  I have not used Dee Money but I do have an account in case I ever needed it. 

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Under normal circumstances (which we all hope will return later this year)  I'd literally "walk" the money out of the country keeping hold of relevant documentation in case of a tug at customs

Plenty of places you change your Baht back into your base currency with little spread

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23 hours ago, mike111 said:

Banks require a work permit to transfer funds overseas.

Some posters have reported they are able to do this without a work permit.

If you have the relevant paperwork (either showing brought in or tax paid on it) then you should be able to set this up - just need to find willing bank staff which I know isn't always easy......

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1 hour ago, topt said:

Some posters have reported they are able to do this without a work permit.

If you have the relevant paperwork (either showing brought in or tax paid on it) then you should be able to set this up - just need to find willing bank staff which I know isn't always easy......

I've already spoken with my bank  & they require a work permit. Doesn't seem like like they're willing to flex an inch.

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5 hours ago, Thomas J said:

You can transfer at your bank.  I have Bangkok bank and wire transferred back to the USA.  However be aware they will convert your baht to USD and you will only receive the buy rate which will be a noticeable reduction.  I don't know if you routinely transfer but some banks including Bangkok bank offer dual currency accounts.  You can have your home country's currency and a second in baht.  If you want to transfer to baht, you exchange when the rate is good and place in the baht portion of the account.  If you have money in the account in your home countries currency and want to transfer it back, you pay only the wire transfer fee since the currency is not being exchanged.  I have not used Dee Money but I do have an account in case I ever needed it. 

Did your branch require a work permit to enable international transfers?.

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1 hour ago, mike111 said:

I've already spoken with my bank  & they require a work permit. Doesn't seem like like they're willing to flex an inch.

Does it mention this online at all and have you tried to contact the FX team at their head office? Which bank is it?

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