Thai banks - IBAN number

[anchadian]

An overseas company is asking for an IBAN number in order transfer funds to my Thai bank

 

I didn't think Thai banks had IBAN numbers only SWIFT codes.  Is that correct?

[Matzzon]

The company asking for IBAN number are not aware of how international banking works. They are probably only dealing with customers and clients as well as payment inside the European Union. They should be aware of that America is using Routing Numbers and that almost the rest of the world are using SWIFT instead of IBAN.

You just have to inform them on that they will only need:

• Bank Name
• Account Holders Name
• Bank Account Number
• SWIFT/BIC

In some cases their system might ask for an address as well. However, that is nothing Thai banks are looking at to identify and handle a transfer. Therefore you can give them either the Thai banks address to their head office or your own address.

Hope they understand and the problem gets solved. The above is pure facts and what goes.

[Crossy]

Yup ^^^, IBAN is a European thing. 

 

As @Matzzon notes you just need Bank, A/C Name, A/C No. and Swift/BIC.

 

[anchadian]

Thanks guys, just what I thought.

 

Appreciated.

[anchadian]

This UK company is now asking for an original Thai bank statement which includes the SWIFT code printed on the statement for bank account verification?

 

Some months ago I sent this company an original Thai bank statement confirming my address in Thailand together with a covering letter stating:

 

Bank name

Bank address

Bank account holder's name

Bank account number

SWIFT/BIC code

 

Is this bank account verification a new thing for remittances to Thailand?  I don't think so.

 

 

 

 

 

 

 

 

[Pib]

The company probably just wants to ensure they get the correct bank acct info by getting the info off a "bank-generated" document vs relying on you typing the info into an email/fax or providing it over the phone (and the company wondering if you made any typo in your email/fax or relaying the info over the phone).  

[dabhand]

https://www.theswiftcodes.com/thailand/

[anchadian]

15 minutes ago, Pib said:

The company probably just wants to ensure they get the correct bank acct info by getting the info off a "bank-generated" document vs relying on you typing the info into an email/fax or providing it over the phone (and the company wondering if you made any typo in your email/fax or relaying the info over the phone).  

Thanks Pib I understand what you are saying, although it just means another delay by requesting a further original bank statement and asking the bank to print the SWIFT code on the statement against the SWIFT code I already sent to the company.  Then of course to send the EMS letter to London - approx 2 months further delay.

 

Will the bank do this?  I will have to speak to the call center or even call into a branch.