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ThoMichael

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Posts posted by ThoMichael

  1. 8 minutes ago, Tom H said:

    Just set an exchange rate as a limit for the exchange under WISE, i.e. 38.10 then when reached automatic transfer follows:). 

    That is great advice! I am going to use Wise. And I have a few weeks, but I guess I better not to set it too high. If it never reaches my desired exchange rate the transfer will never happen.  

     

    Have to think of a logical exchange rate. Any suggestions? 

    ????

  2. I am just wondering about USD to THB exchange - any advice on if US Dollar might get any stronger?

     

    The reason I ask is within the next few weeks I will be transfering $21,000 / 800,000 Baht to a Thai bank for my retierment visa extension. I am kinda tight for money, so hope to do the transfer when the US dollar is close to it's peak, but don't want to get greedy and wait until after the US dollar starts to drop.

     

    Thanks for any advice.

     

    ps:  I am thinking I should do it asap?

     

    • Haha 2
  3. 13 hours ago, DrJack54 said:

    Seems that you will be doing your first extension from your non O.

    Not all immigration offices accept combination method.

     

    I will trying in Bangkok. But I will using an visa agency, so if anyone would know the right office to try, I hope they would. Thanks for the reminder about not all offices.

  4. 3 hours ago, ubonjoe said:

    Will you have 12 months of transfers going into a Thai bank from abroad to prove your income?

    I just have a few months,. Gonna talk to some visa agents, I heard they can sometime grease the wheels with the Thai immigration, but I doubt it will work.

     

    I am thinking I might just stay for a while on the extensions, then maybe leave Thailand after anyway, so I don't want to transfer all my money into a Thai bank yet. Going to decide after I am there for a while.

     

    I am on the central US time zone. Time for me to log off the computer, will check back later... thanks.

  5. 5 minutes ago, scubascuba3 said:

    Yes 2 accounts are ok

    Great. I figured it was ok, just wanted to be safe. 

     

    Part two of my question: What if I transfer money from one Bangkok Bank account to another. Does the 800,000 baht need to show that it came a international transfer? and the Bangkok Bank internal transfer would not show the money as a international transfer. 

  6. 7 hours ago, ThoMichael said:

    If I end up going the 800,000 baht in a Thai bank route, can that money be in two separate Bangkok Bank accounts that are in my name?

     

    The reason I ask is although I doubt it will work, I am first going to try the combo method using a visa agency. So I will transfer 200,000 baht to my current Bangkok Bank account to combo with my social security pension. But if I end up having to do the 800,000 in a Thai bank, I will want to get a separate Bangkok Bank account only for that money. 

     

    Thanks again for any advice. 

    Please ignore the above, I created a new topic for this question at: 

     

  7. For the 800,000 baht in a Thai bank for retirement visa extension. Can that money be in two separate Bangkok Bank accounts that are in my name?

     

    The reason I ask is, I am first going to try the combo method. So I will transfer 200,000 baht to my current Bangkok Bank account to combo with my social security pension. But if I end up having to do the 800,000 in a Thai bank, I will want to get a separate Bangkok Bank account only for that money. 

     

    Thanks for any advice. 

  8. If I end up going the 800,000 baht in a Thai bank route, can that money be in two separate Bangkok Bank accounts that are in my name?

     

    The reason I ask is although I doubt it will work, I am first going to try the combo method using a visa agency. So I will transfer 200,000 baht to my current Bangkok Bank account to combo with my social security pension. But if I end up having to do the 800,000 in a Thai bank, I will want to get a separate Bangkok Bank account only for that money. 

     

    Thanks again for any advice. 

  9. 3 hours ago, flexomike said:

    Very easy to do have done many with no problems.

    I first entered the info you listed on my banks website when I tried to do a transfer to Bangkok bank, but my (small) bank rejected it because it was a international transfer. I then was told to use their wire department and gave my bank all of them info you listed. After 6 hours of back and forth with their Cisco secure emails, scanned and signed documents,     they did the transfer.

    • Like 1
  10. 12 minutes ago, userabcd said:

    Don't think in your personal capacity you can just make an account on swift. I think it is for financial institutions to register.

     

    To do a swift transfer get the swift code from the Thai bank.

     

    Enter the swift code on your overseas banks transfer details website from the originating account you want to do the transfer, fill in the rest of the details they require such as Thai bank account number, Thai bank account address etc...and press send.

     

    The overseas bank will send the money to your local Thai bank account via swift.

    Ahhh, that's what it looked like. The problem is I am using a smaller bank in Texas and they only allow international transfers by calling their wire department. And they are being very difficult, saying they will do it once as a courtesy. 

     

    It looks like Wise is easier to use. I am going to do a test money transfer today.

     

  11. I transferred $US dollars to Bangkok Bank directly from my US bank, using the Bangkok Bank in NY routing number. My Bangkok Bank account is valid. I use it often.

     

    The error said it was refused, so I figured it was Bangkok Bank. I talked to my bank in the US a few minutes ago and they said they refused it. I just need to call and talk to their wire dept. on Monday and they will make the transfer happen.

     

    So this thread can be put on hold until I talk to my bank on Monday. Thanks.

     

    One question for now. Is it better to transfer US Dollars or in Thai Baht?

     

     

  12. I need to transfer money from my US bank to Bangkok Bank, so I did a test last month for a small amount of money, but it was returned. Before doing a long distance phone call with Bangkok Bank, does anyone know the reason it might have been returned. 

     

    Or I guess there are other ways to transfer money from a US bank to Bangkok Bank?

     

    Thanks for any advice. 

  13. 40 minutes ago, ThoMichael said:

    you can do 2 visa exempt entries via land per calendar year

    So if it is 2 visa exempt entries via land (per calendar year). I could go to Thailand in early October and get one at the end of 2022, and then do two more in 2023?

     

    I am hoping I won't need to do this many, but just in case.

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