Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

uk private pension

Featured Replies

29 minutes ago, Delight said:

 The  way that Transferwise works is that the customer pays into the Transferwise UK bank-i.e.the requested amount to be exchanged.

The  Transferwise  bank in Thailand then transfers the agreed Baht into their customers Thai bank account.

So no SWIFT and no charges at  the receiving  Thai bank-it' s an internal transaction .

Possibly has limitations if money is being brought in for a property purchase.

It's the same if you send money from a bank in Europe which uses another bank in Thailand than yours. If your banking with one of TW partnerbanks  in Thailand and uses the correct reason for transfer then the transfer will show up as foreign. I'm using Bangkok Bank and my TW transfers always shows up as foreign. And there's no problem if your sending money to buy a condo. You must choose the correct reason, 'Purchase of Property', and the receiving bank always knows where the money comes from,hence no problem. The only problem might be the amount. If to large, then a normal swift might be better, but if you can afford to buy a condo, you can afford the fees,too.

  • Replies 31
  • Views 1.8k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • Use Transferwise to move the money to Thailand, I find the phone app easiest. Costs around 7 pounds for a 40,000bht transfer, and you get the XE.com exchange rate, no deductions at the Thai bank.

  • emptypockets
    emptypockets

    Transferwise is not a bank but is regulated.

  • And choosing the correct reason for transfer. "Funds for long term stay in Thailand". 

7 hours ago, Max69xl said:

I know when sending THB via Bangkok Banks London Branch to a Bangkok Bank account in Thailand it's free . . . .

No charges at the Thailand end but a £15 fee from BBL London and their (worse) exchange rate.

 

https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-UK-to-Thailand-via-London-Branch

 

Open up "Fees and conversion options" for details.

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.