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Emeraldisle

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Posts posted by Emeraldisle

  1. In the past I have transferred money to Thailand using Wise.  I always got a good exchange rate with low charges and fast transfer.

    Last month I used Wise to transfer a small sum of money ($50) to an account with Advanced Bank Of Asia Lmited in Cambodia.  Wise charged a small fee but when the funds arrived in Cambodian bank only $41 was credited to the account.  Presumably Cambodian bank charged $9. 

    Does anybody have any advice on how the send money to Cambodia without paying huge fees?

    Thanking you in advance for any suggestions

  2. In the past I have transferred money to Thailand using Wise.  I always got a good exchange rate with low charges and fast transfer.

    Last month I used Wise to transfer a small sum of money ($50) to an account with Advanced Bank Of Asia Lmited in Cambodia.  Wise charged a small fee but when the funds arrived in Cambodian bank only $41 was credited to the account.  Presumably Cambodian bank charged $9. 

    Does anybody have any advice on how to send money to Cambodia without paying huge fees?

    Thanking you in advance for any suggestions

  3. I went to a gold shop in Pattaya to buy gold (obviously). I asked if I could pay with credit card.  The lady in shop said "yes" but that I would be charged a commission.  I forget what % commission.  I know, from my financial services experience, that all merchants , in this case the gold shop, are charged a commission by the credit card company.

    I did as previously suggested by another poster.  Went to a nearby atm and withdrew cash. Kept the gold in hotel safe.

    • Like 1
  4. I have been using Wise for a couple of years now.  I mainly  use it to transfer small amounts of money to Thailand.  I also use the Wise debit card to withdraw cash at ATMs when in Thailand as their exchange rate is better than home country cards.

    I was recently contacted by Wise asking me to verify the source of my income.  Something to do with anti money laundering I believe. I sent a copy of an income tax document which I felt would be sufficient. 

    However, I got an email from them which stated that the document was insufficient and they need copies of six months bank statements or to give them access to my bank account.

    I would never give anybody access to my bank account so I sent the bank statements.

    That was about a week ago and so far I have heard nothing and cannot use my Wise account.

    Has anybody else encountered this problem?

    Any suggestions regarding other ways to transfer money to Thailand?

    Has anybody any experience with XE Money?

    Thank you

    • Haha 2
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