Moon37

Moon: American: Non-o, at Least 3 US G paychecks per month. I used to transfer more than 100k THB per month to cover 65k min rent and golf from Boa through BB NyC to BB BBK.

BB NYC is converting to the International ACH Transfer (IAT) USA rules on moving funds is point to point direct deposit accounts
.
This has always been complex and labor intensive for most banks so you would be hard pressed. To find a bank like BB NYC to do the shuffle Without a 3rd financial institution .

Albeit,the uS Treasury has been adhering to this law and in Bb NYC opinion, they can still process from a USG originator. They have only been routinely working with Social Security. It shook the bushes- except the FM 1199 applies to most all USG pensions etc

Then the Swift /Oban route looked like a solution but some how they need the third institution?

Last week I Swift transferred 10000
THB directly from BoA to my BB BKK Savings account with my name and Bangkok address (NO APO) with no problems.




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MOON con’t

So far there has positive notifications about my transfer and a statement from BoA that myself to myself. BA Transfer is coded as an International-transfer. Just waiting to see if it gets kicked back by BB BKK

Speed is life life is speed - Moon


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100K a month, I could manage on that as long as I didn't have big rent to pay.

Moon: American: Non-o, at Least 3 US G paychecks per month. I used to transfer more than 100k THB per month to cover 65k min rent and golf from Boa through BB NyC to BB BBK.

BB NYC is converting to the International ACH Transfer (IAT) USA rules on moving funds is point to point direct deposit accounts
.
This has always been complex and labor intensive for most banks so you would be hard pressed. To find a bank like BB NYC to do the shuffle Without a 3rd financial institution .

Albeit,the uS Treasury has been adhering to this law and in Bb NYC opinion, they can still process from a USG originator. They have only been routinely working with Social Security. It shook the bushes- except the FM 1199 applies to most all USG pensions etc

Then the Swift /Oban route looked like a solution but some how they need the third institution?

Last week I Swift transferred 10000
THB directly from BoA to my BB BKK Savings account with my name and Bangkok address (NO APO) with no problems.




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A picture is worth 800,000 THB.  As discussed previously I was going to test two transfers a day apart (daily limit).  The first was my Bank of America using Bangkok Bank NYC to Bangkok Bank BKK and the other a first time Bank of America direct to Bangkok Bank BKK.  Aside from through put I also wanted to see the Bank Transfer codes at compared at each movement. I sent the SWIFT TO MYSELF (but as someone else in the tickbox . It turned out that the two transfers moved side because my SWIFT didn't have to go through BB NYC.  I've got some screen shots redacted

 

First Row are BoA's the details from BoA to BB BKK with Routing ID SWIFTBKKBGNBK   #2 is BoA's transfer  activity (and because there Is a note. I added it as well.   The second row from the BB BKK on-line shows BAHTNET and My Bank Book which is ultimately what the IO would see is BT  RESULT IS BANGKOK; BB ACCOUNT IT SHOWS BAHTNET BUT MY BANK BOOK FOR THE SAME SWIFT TRANSACTION IT SHOWs BTN which is what the IOs will see

 

 

                                                                                                           

                                                                                                            

                                                                                                                                                                                           A

                                                                                                                                                          

  

 

BAnk of  Aneric  sWIFTT  IS BTN  A                                                                                                         N

 

FOLLOW BANK OF AMERICA DIRECT SWIFT CODES.docx

A picture is worth 800,000 THB.  As discussed previously I was going to test two transfers a day apart (daily limit).  The first was my Bank of America using Bangkok Bank NYC to Bangkok Bank BKK and the other a first time Bank of America direct to Bangkok Bank BKK.  Aside from through put I also wanted to see the Bank Transfer codes at compared at each movement. I sent the SWIFT TO MYSELF (but as someone else in the tickbox . It turned out that the two transfers moved side because my SWIFT didn't have to go through BB NYC.  I've got some screen shots redacted

 

First Row are BoA's the details from BoA to BB BKK with Routing ID SWIFTBKKBGNBK   #2 is BoA's transfer  activity (and because there Is a note. I added it as well.   The second row from the BB BKK on-line shows BAHTNET and My Bank Book which is ultimately what the IO would see is BTN

 

 

 

 

NightSky.
The Chinese Pharmacy by Nana Sukhumvit. I forgot the nomenclature and want to keep post sanitized. Vials one and the other one in//out of freezer .

They’re going to try two birds with one stone And extend my Instrumentation from L-3 5 to L-2 to S-1 next week. Doc said so much Stenosis the nerves causing the pain could open the S1 and help out with my CPPS. My prostatic problems started wit my back sciatica. 3 operations in 2 months, and now the 4th in a year.
Good luck to both of us.

Moon

Speed is life, life is speed



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NightSky.
The Chinese Pharmacy by Nana Sukhumvit. I forgot the nomenclature and want to keep post sanitized. Vials one and the other one in//out of freezer .

They’re going to try two birds with one stone And extend my Instrumentation from L-3 5 to L-2 to S-1 next week. Doc said so much Stenosis the nerves causing the pain could open the S1 and help out with my CPPS. My prostatic problems started wit my back sciatica. 3 operations in 2 months, and now the 4th in a year.
Good luck to both of us.

Moon

Speed is life, life is speed



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---

I tried it last

lso, I told T that I would transfer directly from Bank of America to my savings bank in Bangkok Bank. It worked, however, the deposits I had made through Bangkok Bangkok NYC showed up as International Transfers while the direct SWIFT'/IBAN transfer from Bank of America showed up as BAHTNET.

It would be interesting if Immigration would accept BAHTNET as an International transfer world wide 

 

 

Here is Thailand description of Bahtnet for large transfers between banks in Thailand (Sounds like a 3rd party to me

 

BAHTNET System

BAHTNET (Bank of Thailand Automated High-value Transfer Network) is a financial infrastructure serving for Real-Time Gross Settlement (RTGS) of large value funds transfer between financial institutions or other organizations maintaining deposit accounts at the Bank of Thailand (BOT).

The BOT developed BAHTNET and launched on 24 May  1995. It is designed to mitigate settlement risk amongst financial institutions that maintain deposit accounts at the BOT as well as to facilitate efficient, quick and secure transfers for third-parties.

Prior to the introduction of BAHTNET, payments among financial institutions were mainly executed by cheque where the payees could not receive their funds immediately due to collection and settlement process between paying and receiving banks. Consequently, payees were exposed to considerable risk because the payment finality had not immediatelyachieved, and this would possibly lead to a greater risk in payment systems as a whole. 

Bahtnet is a Bank of Thailand tool for transferring large amounts of funds quickly.  It would be good if someone could get the Bank of Thailand do what Bangkok Bank NYC was doing.

 

Moon here with an update on several topics. .  WE currently have a  savings account and a debit card only.  Is that correct. See Thai Bangkok Bank web-reference:  1.  As of now Foreigners are prohibited from changing their savings account to a Direct Deposit Account.  When you go to the Bangkok Bank web-site and follow the

 

Services: ( https://ibanking.bangkokbank.com/workspace/09Service/wsp_Services_Menu.aspx)  It's at the bottom under "About this site"

 

And up pops a window titled "Bualuang iBanking -"What is the "New Transfer" function?.  It starts out hopeful.  You can transfer between your saving or current account (I'm assuming outside Thailand) to your saving, current or fixed accounts: (Again assuming in BangkokBank Thailand").  Now with a semi-colon instead of a period it comes down to interpretation. ; to a third party account with Bangkok Bank or to an account held at another bank.  (Good Luck finding a bank other than the Department of Treasury who funds Social Security, DFAS;MyPayk DVA eic as it is assumed that there are no other Banks in the CONUS that with go through the International ACH Transfer (IAT) -  Direct Deposit Account VFR Direct to Bangkok Bank in Thailand.  You can schedule a one-time immediate transfer, or make it future-dated.   

 

OK, sorry for the blow by blow interpretation, but it gets even more confusing. It really only addresses transactions between Thai Banks,  Bangkok Bank and Sinmaathaya Subthawee account (Department of Agriculture) and "having to add a "3rd Party account from another bank.  Can "Jai yen yen"  a bit because this section addresses out-bound transactions.

 

In the third paragraph I do not see any reference to an Financial Institution that does IATs.  It appears, after seeing all their problems with we Ex-Pats, they found a work-around that legally substitutes the IAT, but with a restricted process of having to use a third party in the transaction.  The list of banks provided are mostly Thai Banks.   Common sense would just let me stop the transfer at the third party bank as we still have to SWIFT our funds to them before it gets moved to Bangkok Bank..  I'm thinking that we're all going to have two Thai Bank accounts with Bangkok Bank as the funds retainer.  Somebody's got some pull.

 

Also, I told T that I would transfer directly from Bank of America to my savings bank in Bangkok Bank. It worked, however, the deposits I had made showed up as International Transfes while the direct SWIFT'/IBAN transfer from Bank of America showed up as BAHTNET.

It would be interesting if Immigration would accept BAHTNET as an International transfer world wide 

 

 

 

 

Speed is Life, Life is Speed

Apologies in advance for gatecrashing the topic although it is related.
 
Any advice in getting a correct diagnosis? I live a clean life, no drink, no smoking, no drugs other than medical prescriptions and good diet. Im mid 40's but Im having symptoms of low T and high E for past 6 months and getting worse...
 
Any advice in getting a correct diagnosis of any underlying condition affecting T and E levels and treatment at affordable prices and would this be covered on medical insurance?
 
Any advice appreciated.

I’m following this due to severe prostatic pain syndrome (SPPC), standing/sitting for average 30-45 min per effort of trying to pee. And the doc believes at 63, Testosterone levels play a significant role, plus all the other quality of life pleasures.

ED (no shame) is covered by TRICARE which has tough screening. Two tests: pituitary gland and hypothalamus can be indicative of physiological versus psychology factors

“Testosterone: The Hormone of the Testes
Testosterone is necessary for proper physical development in boys. It is the primary androgen, which is the term for any substance that stimulates and/or maintains masculine development. During puberty, testosterone is involved in many of the processes that transition a boy to manhood, including:
Healthy development of male sex organs
Growth of facial and body hair
Lowering of the voice
Increase in height
Increase in muscle mass
Growth of the Adam’s apple
The importance of testosterone is not limited to puberty. Throughout adulthood, the hormone is integral in a variety of functions, such as:
Maintaining libido
Sperm production
Maintaining muscle strength and mass
Promoting healthy bone density
Testosterone Production
The hypothalamus and pituitary gland control how much testosterone the testes produce and secrete.

The hypothalamus sends a signal to the pituitary gland to release gonadotrophic substances (follicle stimulating hormone and luteinizing hormone). Luteinizing hormone (LH) stimulates testosterone production. If too much testosterone is produced, the hypothalamus alerts the pituitary gland to make less LH, which tells the testes to decrease testosterone levels.

Disorders of the Testes: Hypogonadism
Hypogonadism is a testicular disorder associated with low testosterone. Having testosterone levels that are too low causes a variety of problems, including:
Decreased sex drive
Diminished muscle mass
Low sperm count (reduced fertility)
Loss of body hair
There are two types of hypogonadism—primary and secondary. Primary refers to a defect with the testicles, and secondary involves a problem in the pituitary gland that indirectly affects testosterone production.

The condition may be caused by many things and is most commonly the result of:
Aging
Defects in the pituitary and/or hypothalamus, such as pituitary tumors (which adversely affect the pituitary’s ability to function normally) and high prolactin levels (too much of the hormone causes a drop in testosterone levels)
Medications
Testes-based conditions, such as severe injury, and radiation or chemotherapy, can all deplete testosterone levels
The testes play a vital role not only in the male reproductive system but in the endocrine system as well. The release of the hormone testosterone is integral to the healthy development of male physical characteristics.”

Unused from dosage - ie wasted


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21 hours ago, Hummin said:

Got the resoults today, and my T was now >15 nmo/ml, and E2 was still 8. so 3 days after 250mg with Bayer, it is a great change. I feel the same, not much difference to feel. 

Hummer,

Have you done your homework on the half-life of  Testosterone USP 1%w/w or Androgel.

Excretion

There is considerable variation in the half-life of testosterone concentration as reported in the literature, ranging from 10 to 100 minutes. About 90% of a dose of testosterone given intramuscularly is excreted in the urine as glucuronic acid and sulfuric acid conjugates of testosterone and its metabolites. About 6% of a dose is excreted in the feces, mostly in the unconjugated form. Inactivation of testosterone occurs primarily in the liver.

Better time your activity,

Good Luck

Moon

 

14 hours ago, pmarlin said:

Same situation for me . Been using ACH transfers fro BofA for several years. Last weekend I set up a SWIFT transfer to Bangkok Bank as a test . Sent $1000 cast me $45 and arrived last Monday as a FTT .  Question are to talking about a SWIFT to the Bangkok Bank New York Branch if so what is the SWIFT code. What I am going to miss is that I will have to do a transfer like this  each month while using the going away ACH i had a monthly payment set up.

SWIFT/BIC  BB NYC   BKKBUS33

MyBranch  BB BKK    BKKBTHBK

On 2/11/2019 at 6:10 PM, skatewash said:

You can use ACH to the Bangkok Bank New York Branch up until 1 April 2019. 

 

Thereafter you could use SWIFT to transfer the money directly from your US bank to your Thai bank.  This would likely result in the money being received in your Thai Bangkok Bank branch with a transaction code of FTT (Foreign Telegraphic Transfer) which marks it as an international transfer.  Generally, there's a flat fee to do this from the US bank side ($0-50) and a sliding fee on the Thai side (200-500 baht).  You will get the Bangkok Bank TT buying exchange rate which is the same as you have been getting with the ACH to BB's NY Branch.

 

You can look into alternative US banks (or brokerages) that offer cheaper SWIFT transfers such as Fidelity ($0) and Vanguard ($10) for people with accounts at those companies.

 

You can use TransferWise to transfer the money from your US bank to your Thai Bank.  Mostly Bangkok Bank will record the transaction as an FTT (same as for a swift), but that's not guaranteed and it could have some other designation that would not necessarily indicate that it was an international transfer.  The exchange rate is very good (mid-market rate) but there is a fee imposed by TW that is partly based on a percentage of the funds transferred.

 

If you are thinking of doing this transfer to satisfy the new monthly deposit method (what has replaced the embassy letter method for the embassies that have stopped issuing those letters) then the ACH and SWIFT transfers above should work well.  The TransferWise transfers can't be guaranteed to be marked as international transfers in your Bangkok Bank passbook and therefore are problematic for demonstrating that you have international transfers every month.  No one knows at this point how important that will be to immigration when you go to get your extension of stay.

Skate et al,  THank you for the vectors,  I looked up USAA and they were advertising that they were NOT doing SWIFT or IAT etc.  Bank of America was much more accommodating. Since I am already using it now for the BB NYC BKK method, they said just to go to the international transfer page, enter their SWIFT/BIC code, account code to whom with address etc, amount and press the button on my Safe Pass Code card I have and add $38.  I going to give it a dry run this week and see how the code shows up.    I also talked to Ms Geroge at BB NYC and said I was going to do the same with her, as all she cares about is that the recieiver's  Name and Thai address is on the transfer and see if it works.   As long as I can get funds into Thailand, I'm good.  I have the DFAS, SS, and DVA letters I got on-line with E-Benfits, MyPay, and the SS site.   So all my income is pooled into the same account.

NOTE: Sadly, I looked up the average monthly Social Security payment and the Average is about 20-25% short of the $2100 (65,000 THB).  If you use the IAT once a month, you'd have to augment it with methods described above:  

 

Moon

On 2/10/2019 at 2:34 PM, Thaidream said:

I would concur- the last 2 pages  are a local produced document which attempts to explain the official order- IMHO- the interpretation of Phetchabun regarding  the 65K transfer is wrong-  the original police order makes it clear that this is the established income method in lieu if having an Embassy Letter

 

I , for one, am drafting a letter to the US Embassy  making them aware of the chaos they have helped unleash on its citizens in their reckless abandonment of the official Embassy letter.  I hope others do the same.

TD,

I agree 100%!.  If anyone is really concerned it would be appropriate to write a letter to the US Embassy. The US Embassy is here not only to conduct critical matters of State, but to support and aid US citizens as well.  (I have 9 years direct experience with two US Embassies).  The Foreign Service Officers (FSO) are above the norm who have to pass a extremely difficult screening process with a pass rate of 20 percent (4 of 5 either move on or try again).  The intent of highlighting this, is to remember that the FSOs who read your letter are professionals who do what they are told and to whom the letters should be addressed, Be courteous as they did not make the Immigration Letter decision (Secretary of State and the Ambassador coordinate such things etc). 

 

Just state the facts as one knows or has heard (without emotion), explain personal concern as to how this situation may be life changing if a reasonable solution cannot be found, make any positive suggestions to solve this issue and request a concrete response (actions to be done, plan, time frame, etc) by a certain date (as you might be packing out).  State if the requested response cannot be appropriately answered, to forward to the next office in the Courtesy Copy List for ACTION.  

 

( 1,American Citizen Services, Notary Services, 2, ACS Section Chief, 3.  Political Section, Immigration Issues Officer, 4. Chief Political/Military Section, 5.  Deputy Chief of Mission and ultimately the Ambassador. (You put the 1 through 5 Offices at the bottom of the letter stating Courtesy Copy and under the initial attention to:   Make sure to Note: Courtesty Copy Addressees listed at the bottom)

 

DO NOT SPEAK BAD ABOUT OUR HOST NATION.  WE ARE GUESTS AND HAVE ENJOYED THE HONOR TO SPEND OUR RETIREMENT ETC IN SUCH A FRIENDLY NATION.  (Don't write this, Just a reminder when you write).

 

This is just my opinion, at least write it sober.

4 hours ago, skatewash said:

You can use ACH to the Bangkok Bank New York Branch up until 1 April 2019. 

 

Thereafter you could use SWIFT to transfer the money directly from your US bank to your Thai bank.  This would likely result in the money being received in your Thai Bangkok Bank branch with a transaction code of FTT (Foreign Telegraphic Transfer) which marks it as an international transfer.  Generally, there's a flat fee to do this from the US bank side ($0-50) and a sliding fee on the Thai side (200-500 baht).  You will get the Bangkok Bank TT buying exchange rate which is the same as you have been getting with the ACH to BB's NY Branch.

 

You can look into alternative US banks (or brokerages) that offer cheaper SWIFT transfers such as Fidelity ($0) and Vanguard ($10) for people with accounts at those companies.

 

You can use TransferWise to transfer the money from your US bank to your Thai Bank.  Mostly Bangkok Bank will record the transaction as an FTT (same as for a swift), but that's not guaranteed and it could have some other designation that would not necessarily indicate that it was an international transfer.  The exchange rate is very good (mid-market rate) but there is a fee imposed by TW that is partly based on a percentage of the funds transferred.

 

If you are thinking of doing this transfer to satisfy the new monthly deposit method (what has replaced the embassy letter method for the embassies that have stopped issuing those letters) then the ACH and SWIFT transfers above should work well.  The TransferWise transfers can't be guaranteed to be marked as international transfers in your Bangkok Bank passbook and therefore are problematic for demonstrating that you have international transfers every month.  No one knows at this point how important that will be to immigration when you go to get your extension of stay.

Skate,  Perfect, just what I need with little time to complete.  I've never used SWIFT or TW etc, so it's new ground.  Bank of America should be open now and I'll give them a call on the SWIFT xfer with a FTT result in my Bangkok Bank Savings Book. Thanks, Moon

 

Bill,

Thanks. this is exactly what I've been looking for.   I've been using my BoA from the beginning with BB NYC ->BB BKK savings.  I'll contact BoA tonight to see how to set up a SWIFT to my current BB BKK Savings.  Once the storm is over, I'll check back on your BoA SWIFT solution.  This would all go away if the Embassy were  to say or do something to calm the waters.  Moon

Do the Math:     65,000 THB x 12 months is 780,000 THB.  (800,000)

If my condo rent, golf and night life expenses add up to around 65,000 a month, I would transfer 65,000 THB to Bangkok every month, regardless if I had 800,000 in the bank or not.  If I had the 800,000 THB sitting in their bank and I'm still sending 780.000 (65,000) per month to live on.  So why would one go with the 800,000 route if you're going to be sending that much anyways.   My apologies to those who don't golf.

 

22 hours ago, billsmart said:

...and again, I state, that I was told the option of providing documentation from your bank verifying monthly, international transfers will only be accepted through 2019. In 2020, the only acceptable method of verifying monthly income according to the paperwork I was given will be a letter from your embassy. ????

The last part of my post above was redacted at the end.

Bill, I commend you for getting this forum going and I am not disagreeing with your documentation criteria or statements to support them.

In my posts, I'm focused on how to get my money into Thailand because of Bangkok Bank's IAT rule.

1.  Bank of Bangkok NYC - BB BKK is the only bank to do the International ACH Transfer which is what BB BKK says it will accept from BB NYC.

2. I was explaining that it can be done, but with many restrictions about having to open a DIrect Deposit account at BB BKK and use your Thai address

3. So in my opinion, the IAT is too difficult even though it caters to all the agencies in the above box.

4. I've been using BB NYC - BKK for five years and do not know what other way to get my funds to BKK

5. Bangkok Bank is using an old law that they  just decided to implement - with in one month of Immigration.  It is not the route to solving anything save getting money here.  If I wanted to go the IAT route, there's not enough time to use the SF1199 processed etc.

7.  Immigration is like a Swamp and can only  be dealt with Politically by our Embassies (Political, Econ, & ACS sections). 

BOTTOM LINE: Instead of  re-interpreting, let's consolidate and engage with our respective Embassies requesting their understanding, guidance from State Department, options, and timeline to engage with the  Royal Thai Police Immigration to solve this dilemma.

This convoluted situation is due to the coincidental timing of Immigration’s clamp down on financial validation on 1 March 2019 and Bangkok Bank’s decision to all of a sudden adhere to IAT direct deposit deposits on 1 April 2019 have

What does Bangkok Bank have to do with Immigration? And Immigration with Bangkok Bank?
It could have been the Royal Bank of Scotland or England, and then the UK would be all over this.

Bangkok Bank quotes legal adherence to IAT and that’s tough to challenge. Immigration is political and we need to get our Embassy doing it’s job; There’s concessions, reciprocity to Thai citizens in the Land of Freedom. Meet in the middle with the US Department of Treasury backed Social Security, DVA, Retirement checks et al on SF1199. Why would the funds come directly from the USG sources? Once it’t mine, DARN IT, IT’s MINE to choose where proof of sustainability. (You might have to change source accounts to pay off second wife)

Bottom Line: There’s an A.. H... in BB. But the solution is in The Political, Econ, and ACS sections to stop it before it starts and throws our lives in a spin. The USG and Department of State work for US. Getter Dun!


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You have to do 3 separate forms. And be sure you use Thai address on them to insure it is sent as in the IAT format.
For social security you have to set up a direct deposit account at Bangkok Bank.

Each USG agency has preliminary application paperwork and different forms by agency to ultimately be able to submit SF1199a. I went to several Service /Orgs (DFAS), DVA, & SS direct deposit web sites and followed along. One of the first things is to update DEERs, with new Thai data for destination address for Requirements in the IAT direct deposit format. Allotments May or May not need to be done.


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3 hours ago, billsmart said:

No, it's even worse than that... ???? And, I'm from the US, so I'm in the same boat as you regarding this situation.

The INTERNATIONAL bank deposits (and make sure you note the "INTERNATIONAL" part) will only work for extensions in 2019. After that, only THB 800K in the bank will qualify for US,  UK,  and any others who can't get an embassy letter.

That's what I was told Friday at my Immigration Office in Phetchabun.

MY System fell off line and am back up.  For anyone who is using Bangkok Bank NYC to move funds to Bangkok Bank BKK, effective 1 Apr 2019, they will not transfer anything unless it is in International  ACH transfer (IAT) Direct Deposit format with the receiver's thai name address etc all included.  However, to set up a IAT DD you have to find a bank that does IATs as described by Bangkok Bank.  However it appears that ONLYthe US Government (Dept of Treasury)can set up a direct-deposit IAT via Social Security, DVA most USG Agencies etc .   It's too much effort and too many restrictions.  Which method is there to bypass this Bangkok Bank IAT direct process (and I would thing that the Royal Thai Depart Commerce would  make it - one-tie-all-tie.   

 

(See attach SF1199A)

 

Which method is a one time set up from my personal bank to Bangkok Bangkok, Thailand?  Thanks.  If there's no good answer, is it legal to start a petition to the US Embassy for some kind of exception if certain US sourced pensions are presented?

sf11999a.pdf

30 minutes ago, billsmart said:

Here is what Transferwise replied to my enquiry about this:

 

"

Hi William,

I hope this email reaches you well.

The basis of how TransferWise operates is that we’re able to move funds internationally without the money physically crossing borders. This is achieved through a series of two domestic transfers— a domestic transfer from your account to our account and another local transfer from our account in the currency the recipient is receiving into their local account. We’re able to offer better rates and less fees to our customers by executing transfers in this manner.

Unfortunately, there is not a way that we can change the way we complete transfers since this is a fundamental part of how we operate as a company.

I’ve included additional information on how TransferWise works for you HERE.

Feel free to reach out with any additional questions.

All the best,
Wilson"

Thanks Bill,

 

For the past 5 years I have been using Bangkok Bank NY as my domestic ACH from BOA.  And then BB NY transfers magically to my BB BBK.  The BB NY office states that 1 April it will only adhere to Direct Deposit International ACH Transfers.  (DD IAT).  

I believe I understand your currency domestic transfers

1 minute ago, Sheryl said:

We have been through this ad nauseum on other threads. It shows as an international transfer if your bank is the bank they used for the transfer - they use a total of 3 different Thai banks and currently seem to use Bangkok Bank far more often than the other 2. But not always, and there have been posters who report an occasional transfer to their BB account appearing as a domestic transfer.

 

If  TW uses a bank other than yours, the bank that first receives it will do a domestic transfer to your bank and that, obviously, will show as a domestic transfer.

 

I personally emailed TW about this and they informed me that they might use any of 3 Thai banks and that they cannot say (and customers cannot choose) in advance which one it will be. 

 

I would be cautious about continuing to use TW for the income method of extension and assuming that because your account is with BB it will always show as FTT.  This is not guaranteed. At present it will show as FTT most of the time but sooner or later you will get a transfer or two that does not.

 

 

Hi Sheryl,  I've spent many hours/days researching the International ACH Transfer Direct Deposits.  One has to have a Direct Deposit to receive the IAT DD.  US Banks shy away from all the point to point verification etc  Currently the only US Fianacial Institution that issues IAT Direct Deposits is the Dept of Treasury (ie.  All USG agencies)..   Bangkok Bank NY linked up with Social Security as a starter.  I suggest you recontact TW and ask them for one US Bank they use so you can set up an account (direct deposit).   See my previous post below (ignore my comments on Marshalls SS security,  But Everything I've summarized above is in detail below.  Also ask 

 

•  
• Gender:Male
• Location:Bangkok

1 hour ago, sniggie said:

Well, if this is genuine (and, as a player in the market, your company has a vested interest in it being so) then the embassies that have withdrawn the income letters will have to have a serious rethink on how they are screwing over so many of their citizens if there is no other acceptable way of proving income. Their (coordinated?) action last year was on the presumption that the income based extension would continue in some form or other. I hold out little hope, though.   

Sniggie,

As a face saving move on the part of the US Embassy, I believe that in order to get an income verification letters it would have to have endorsed Legitimate Pension Statements attached to them.  In essence, the pension letter would be the proof and the USEMB would be verifying an official pension document vs a raised right hand.

  That puts one heck of burden to validate Pension Statements (in terms of source, amount and duration).