Pumpuynarak

1 hour ago, OneeyedJohn said:

I totally forgot about the cheap international calls, for Dtac is 00400 at 6 or 7 baht a minute, so that will make a huge difference. At the time I so distraught over this HSBC mess I wasn't thinking right. Just threw a couple of 500's on the phone and dialled.

I was using DTAC and their 004 prefix code to call to the UK from Thailand at 7bht per minute until i was made aware of www.mytello.com. They charge 0.3 bht to a UK landline and 0.5bht to a UK mobile plus DTAC charge 1bht per minute.

I've never looked back, their service is excellent have a lookie......  

20 hours ago, scubascuba3 said:

Sounds like the way to go is keep with Wise, ensure tagging is set up correctly, perhaps send a small test amount each month just before the bigger amount, if it ever comes through as local send a swift for that month only

Thanks, and that is exactly what i did for my Nov transfer and i will continue to do so.

2 hours ago, Pumpuynarak said:

Prior to using Wise i always did a Swift transfer from my HSBC UK account to SCB bank here in Thailand but the cost became quite expensive with HSBC making a fixed charge of 4GBP together with an intermediary bank charging my HSBC account with 15/20GBP something like a month later. That and the poor exchange rate from SCB made Wise the way to go.

 

Forgot to mention the 200-500bht fee from SCB to convert GBP to baht to also be added to the cost.

18 hours ago, scubascuba3 said:

Maybe ask Wise why Thailand is not on the swift list for GBP, it is on the list for USD, so using a borderless account you could switch GBP to USD and swift to thai bank account to settle in baht.

 

It might work out cheaper just to swift from UK bank direct to thai bank assuming you have GBP

Prior to using Wise i always did a Swift transfer from my HSBC UK account to SCB bank here in Thailand but the cost became quite expensive with HSBC making a fixed charge of 4GBP together with an intermediary bank charging my HSBC account with 15/20GBP something like a month later. That and the poor exchange rate from SCB made Wise the way to go.

18 hours ago, Moonlover said:

You got it. It just takes a bit of homework.

 

However, you didn't mention which currency you are talking about, something which often causes confusion when Wise transactions are under discussion.

 

Note the comment by @scubascuba3 above.

GBP

8 minutes ago, Moonlover said:

 

Read the facts before you post.

 

https://wise.com/help/articles/2977936/sending-gbp-to-countries-outside-of-the-uk

So you can't do a Wise Swift transfer to Thailand as Thailand is not on the listing ?

As per the title, i would like to set up my Wise account to enable a Swift transfer as a backup if i don't get the needed FTT international transfer.

Can anyone share the correct procedure ? i find the info stated by Wise somewhat confusing.

Thanks in advance. 

41 minutes ago, Pumpuynarak said:

That is certainly my experience.

41 minutes ago, Pumpuynarak said:

not possible i think?

Just to help your "confusion" KannikaP lol

37 minutes ago, scubascuba3 said:

there appears to be people on Facebook claiming transfers which look suspect, like some guy earlier did a transfer, 2 hours later it settled FTT, not possible i think?

That is certainly my experience.

51 minutes ago, VocalNeal said:

How much roughly do you guys transfer? I'm thinking of testing with 10,000 GBP

I did a 50GBP test transfer and then another for 1950GBP and both are expected to arrive with FTT coding. That easily meets my 65K monthly requirement.

5 minutes ago, lopburi3 said:

Should be FTT and I did at 0834 Thai time so will arrive today.  Believe cut off is 0900 for same day (our time).  

Yes indeed it should. I put off actually doing the transfer until i saw your post and by the time i did it it was circa 10am Thai time so will arrive tomorrow (2/11). As long as they arrive with the FTT code i'm happy, phew !!!!

22 minutes ago, lopburi3 said:

I just made two transfers this morning - both said seconds until later in process when destination account was selected and changed to the 2PM (six hours).  The key is to have the destination account tagged as quite sure if I select my other BBL account it would be immediate.

Thanks for your post, yes you are correct, i've just done the same with two transfers and got the same result later on in the process (due to arrive at 2.13pm tomorrow 2/11)

My account is tagged so hopefully they will have the FTT account as they are not arriving "in seconds."

Well i've just had a lookie at doing a transfer with Wise and despite having my account tagged to Bangkok Bank it states it will arrive in seconds, now that will not have the required FTT coding as it will not be routed to Bangkok Bank direct if my experiences are anything to go by, to obtain the FTT code your transfer will state an approx 2pm arrival time. 

<deleted> are Wise up to ?

1 hour ago, tifino said:

could you put up a link pls? or at least the model number etc ???? 

14 minutes ago, KannikaP said:

Cannot find it. Search  Minikeyboard on Lazada or Invade.

Here's one i bought from Lazada a couple of months ago, i actually bought two one for me and one for a mate. I have'nt used mine to date but my mate has and he reckons its good.

40 minutes ago, theoldgit said:

I use the mytello app, it costs me 0.3 Baht a minute to a landline and 1.4 Baht to a mobile.

 

You pay for a local call, but that is covered by my contract minutes with true.

Me same same, its good and cheap in comparison.

25 minutes ago, Pib said:

The wife did a Wise transfer this Thai holiday morning/ 22 Oct to our Bangkok Bank joint acct....used the Long Stay Thailand reason for transfer....funded from her multicurrency acct.....she does not have any recipients tagged to use Bangkok Bank as the partner bank.   Funds posted within seconds....K-bank was used as the partner bank.

Tagging is now the way to go, after having my BB account tagged transfers are now showing FTT whereas before they were not.

1 minute ago, KannikaP said:

I do not have a Kkn account so went to the one right next to my Bkk Bank with the Wise pdf statement.

So maybe things are not so bad after all if these credit advices are that easily obtained. I take it that IO's will accept these credit advices where the transfers are not showing FTT codes.

Earlier today i have done a small transfer clicking on "funds for long term stay" AFTER having my BB account tagged a couple of days ago and it states the money will be in my account at 2pm, that would indicate to me it will be coded FTT as the transfer was not within seconds, we will see at 2pm.

24 minutes ago, KannikaP said:

OK, it is a PITA having to go to Wises' receiving partner bank to get the Credit Advice to show that the money came from abroads, but I did it in 30 minutes at Kkn Bank for the first time this week, and now they know me and my needs it should only be minutes.

Have you an account at Kkn bank and did you just show them the Wise PDF to substantiate your request ?

Also can you just visit any Kkn branch if you don't have an account with them ?

20 hours ago, ubonjoe said:

If your transfers are shown as a foreign transfers on the statement and you bank book that should be all that you need.

and here was i thinking that marriage extensions did'nt need a foreign transfer only retirement extensions. I learn something everyday lol

11 minutes ago, scubascuba3 said:

Looks like if you had a £ borderless account, you'd use that to send £ to BB who would do their conversion with their fee plus poor exchange rate but at least you'll be guaranteed FTT

Thanks, i'm trying to get an idea of the costs from using both Swift options, using my HSBC account in the UK to Bangkok Bank and then using Wise. I'm assuming that both Swift options will guarantee an FTT coding.

3 hours ago, mojaco said:

If I choose to send dollars from my Borderless dollar account to Bangkok Bank using Wise's SWIFT "Same Currency" send instead of having Wise convert to Baht as used normally, then I am 99% assured that will show up as FTT international transfer in Bangkok Bank.  Costs a little more that way but much cheaper than having my USA bank send using SWIFT.

So to have Wise complete a Swift transfer to my Bangkok Bank account i need to open a Borderless account with Wise and use money from that account for my Swift transfer.

If that is correct that would explain why when i clicked "Swift transfer" on a recent small "testing'' transfer but just transferred from my UK account it did'nt show up as FTT and the transfer was immediate.    

17 hours ago, racyrick said:

EXACTLY!!!! Thanks!!!!!! Look forward to their reply.

Here's their reply.........

Thanks for getting in touch!



I understand your concern, but as the payment is successfully paid out from our end, we couldn't make any changes right now. 



However, you can reach out to Bangkok Bank branch where the account is maintained and provide the following documents: 


 

1. Bangkok Bank Savings Passbook or Statement showing the specific transaction

2. Passport of Recipient

3. Agreement of the purchase of Condominium (for purchasing accommodation purposes)

By following the above steps, Bangkok Bank will provide " Confirmation Letter of International Funds Transfer"  or what we usually known as "FET" to the recipient which you will be able to use to show it as a proof to the local authorities. 



Please keep in mind that there is an administration fee of 100 THB to produce this official document which will be payable to Bangkok Bank directly. 



I hope that helps. Let me know if you have any questions.



Thanks,