SCOTT FITZGERSLD Posted July 10, 2019 Share Posted July 10, 2019 Can i recieve international transfer to my account in thailand, even if this account is THB (thai baht - non USD ) account? i want to use western union to send to my account, and they allow only in thai baht. Link to comment Share on other sites More sharing options...
elviajero Posted July 10, 2019 Share Posted July 10, 2019 Yes you can. 1 Link to comment Share on other sites More sharing options...
beddhist Posted July 10, 2019 Share Posted July 10, 2019 (edited) Use xe.com or xendpay. You send whatever currency you want and they will wire it to your bank in Baht. If you use Transferwise they will send it as a local bank transfer, so that can't be used for the income method extension. All 3 should be a lot cheaper than WU. Edited July 10, 2019 by beddhist Link to comment Share on other sites More sharing options...
DrJack54 Posted July 10, 2019 Share Posted July 10, 2019 OP, are you serious about western union. Do your research. WU would be your absolute worst option. Look into transferwise. I personally use OFX but USA guys tend to use trans. Best of all is cash if your currently USA. Sounds like your not. Do not use WU unless money is not an issue. Link to comment Share on other sites More sharing options...
DrJack54 Posted July 10, 2019 Share Posted July 10, 2019 34 minutes ago, beddhist said: Use xe.com or xendpay. You send whatever currency you want and they will wire it to your bank in Baht. If you use Transferwise they will send it as a local bank transfer, so that can't be used for the income method extension. All 3 should be a lot cheaper than WU. Bed...good post. Only adding to it. Transferwise is one of few company that actually do not send money to other country. They work on dealing with fund holders in many countries. Simply put the USD is not "transfered" . Think OFX is different. Any member interested could Google "clash of the titans". Good read re transferwise vs OFX Both pretty good. Link to comment Share on other sites More sharing options...
Just Weird Posted July 10, 2019 Share Posted July 10, 2019 1 hour ago, SCOTT FITZGERSLD said: Can i recieve international transfer to my account in thailand, even if this account is THB (thai baht - non USD ) account? i want to use western union to send to my account, and they allow only in thai baht. No problem at all. Link to comment Share on other sites More sharing options...
Matzzon Posted July 10, 2019 Share Posted July 10, 2019 yes, you can do a straight bank transfer that way. Euro and US dollars as well as British Pound Sterling will automatically be converted by Thai banks to equivalent amount in baht unless others stated in the rules for your Thai account. If you are doing this for monthly transfer or a transfer of the yearly 800/400K baht for extension of your visa, just be sure to buffer a little so you stay clear from any misshaps regarding a lesser amount due to the rate of currancy exchance at the moment of transfer. 1 Link to comment Share on other sites More sharing options...
CharlieH Posted July 10, 2019 Share Posted July 10, 2019 Flame post/ responses removed. 1 Link to comment Share on other sites More sharing options...
ubonjoe Posted July 11, 2019 Share Posted July 11, 2019 8 hours ago, SCOTT FITZGERSLD said: Can i recieve international transfer to my account in thailand, even if this account is THB (thai baht - non USD ) account? You could do it. But if you are wanting it to be shown as a international transfer I am not sure it would be shown as one. I think it will shown as a domestic transfer or BahtNet or SMART. Moved to the banking forum. Link to comment Share on other sites More sharing options...
chilly07 Posted July 11, 2019 Share Posted July 11, 2019 If you get TransferWise to annotate a recipient (yourself) through Bangkok Bank to Bangkok Bank only it always shows as FTT on the Bangkok Bank credit advice and International Transfer on your Bangkok Bank statement. Done it 12 times now- FTT International Transfer each time but you need to contact them and ask them to set it up for you. Link to comment Share on other sites More sharing options...
Popular Post Pib Posted July 11, 2019 Popular Post Share Posted July 11, 2019 45 minutes ago, chilly07 said: If you get TransferWise to annotate a recipient (yourself) through Bangkok Bank to Bangkok Bank only it always shows as FTT on the Bangkok Bank credit advice and International Transfer on your Bangkok Bank statement. Done it 12 times now- FTT International Transfer each time but you need to contact them and ask them to set it up for you. And that has generally worked for a long time...but as reflected by many in recent days in related Transferwise threads many have received SMT/SMART coding vs FTT/International Transfer even when they have tagged the transfer to be routed thru Bangkok Bank. And Transferwise responses to pissed-off senders has confirmed the transfer may indeed now arrive with SMT/SMART coding....they can not guarantee FTT/International Transfer...can not guarantee they will use Bangkok Bank as their partner bank even when you ask them to before transferring. 3 Link to comment Share on other sites More sharing options...
JDGRUEN Posted July 12, 2019 Share Posted July 12, 2019 What is SMART Coding? Link to comment Share on other sites More sharing options...
cauldlad Posted July 12, 2019 Share Posted July 12, 2019 ##- Please type your reply above this line -## Mara O (TransferWise) Jul 11, 13:32 CEST Hello David, Thank you for your patience and apologies on the late reply - we've been having a larger volume of contacts lately. We have different partners in Thailand through which we send the payments. It depends on the automated system through which partner bank the payment goes each time. What we can do at the moment regarding your last transfer 79400076, however, is to provide you with deposit note and transfer receipt. Deposit note has information on it which shows that we have received GBP and transfer receipt shows that we have converted the GBP to THB and sent it out to the recipient bank. Unfortunately, we are unable to provide any other proof of payment from the bank since it would only show that it is a local transfer. For the future transfers there are two options to route payments through the partner bank that would show your transfer as international. If you wish to route your payment through Bangkok bank, please give us a call once you have set up the transfer so that we could manually route the payment through to the partner. Alternatively, we can add a comment to your recipient details, so that the payment will be routed to the correct payout route. However, please note that it is out of our goodwill to provide such service. We will try to accommodate to your request, yet we can't promise anything as due to technical difficulties the transfer might still be rerouted to a different route automatically. Should you have any further questions or concerns, don't hesitate to get back to us. Best wishes, Mara Transferwise David Edward Ross Jul 8, 13:04 CEST Can you please confirm you have changed your systems starting this month and all UK payments will no longer be shown as international payments. Over the last 18 months everyone of my transfer have been recorded as international payments but I have been told this is no longer the case. International payments are required to satisfy visa requirements here in Thailand. Thanks David Ross This is the reply I got from Transferwise yesterday. In other words even if you contact them there is no guarantee it will show as International payment That is my understanding anyway. Support FAQs Contact Us [XZ4M4P-Y4YW] Quote Link to comment Share on other sites More sharing options...
Pib Posted July 12, 2019 Share Posted July 12, 2019 And below pretty much sums up TW's above response. Quote However, please note that it is out of our goodwill to provide such service. We will try to accommodate to your request, yet we can't promise anything as due to technical difficulties the transfer might still be rerouted to a different route automatically. Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted July 12, 2019 Author Share Posted July 12, 2019 i DID the transaction succesfully. thanks for your help. i know that western union is the worst exchange rate, but this is not allways the case when the payment comes from some less developed countries. but the payment apears as payment from WESTERN UNION...so not the question is - will the IO accept this western union payment as payment from foreign origin (FTT)? Link to comment Share on other sites More sharing options...
Pib Posted July 12, 2019 Share Posted July 12, 2019 10 hours ago, JDGRUEN said: What is SMART Coding? SMART is a domestic/intra-Thailand funds transfer system....used to move funds between Thai banks. The SMART system has been around for a long time. Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted July 14, 2019 Author Share Posted July 14, 2019 I DID IT. Thanks for your advice. western union is not allways the worst option, gives different exchange rates in different countries. but now question is - will thai immigration accept western union payment as international payment? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now