polpott Posted July 19, 2021 Share Posted July 19, 2021 Due to being stuck in the UK for a longer period than I anticipated, I need to transfer 80k baht from my Thai bank account to UK bank account. Can only interact with Bangkok Bank online. Is it possible? Link to comment Share on other sites More sharing options...
impulse Posted July 19, 2021 Share Posted July 19, 2021 Not even sure you can do it from inside the country... Post back if you get your answer. It may be helpful to a lot of people in your situation. I ended up using my K-Bank ATM card a couple of years back, taking the hit on fees and exchange rates. That was before Covid. Link to comment Share on other sites More sharing options...
Popular Post NanLaew Posted July 19, 2021 Popular Post Share Posted July 19, 2021 There are restrictions on foreign owners of any Thai bank account repatriating funds. The most common enabler is possession of a Thai work permit. I recall that enabling the international transfer option via WP requires the proof to be verified in-person at a bank branch and can't be completed online. Outside of the WP option, unless the account was set up a while ago when restrictions were easier to work around, funds repatriation cannot be done online. Since the OP is asking if it is possible, maybe we can assume that the facility hasn't been enabled by either WP or other methods? Thai owners of Thai bank accounts are not restricted in this manner so if the OP has a trustworthy Thai person willing to work as in intermediary, funds should first be transferred internally in Thailand to that account with the Thai person making the international transfer. 6 3 Link to comment Share on other sites More sharing options...
asiam110 Posted July 19, 2021 Share Posted July 19, 2021 Easiest would be to find someone you trust based in Thailand but from your home country. And transfer 80k to their thai bank account from your thai bank account online. Once cleared and they are happy they can release the funds in your local currency to your local bank. The risk is on you as the requester / initiator. 1 Link to comment Share on other sites More sharing options...
Popular Post Upnotover Posted July 19, 2021 Popular Post Share Posted July 19, 2021 Isn't this what Deemoney is for? Seen them mentioned many times on here but can't claim any direct experience. Worth a look i'd think. 3 Link to comment Share on other sites More sharing options...
Popular Post hereforgood Posted July 19, 2021 Popular Post Share Posted July 19, 2021 53 minutes ago, Upnotover said: Isn't this what Deemoney is for? Yes have used them cheap and fast so despite what others have said money can indeed be sent out of Thailand bank account using Dee Money 6 2 Link to comment Share on other sites More sharing options...
scubascuba3 Posted July 19, 2021 Share Posted July 19, 2021 Yes try Deemoney, hopefully your Thai phone number has roaming, may be needed by Bangkok Bank Link to comment Share on other sites More sharing options...
gk10012001 Posted July 19, 2021 Share Posted July 19, 2021 3 hours ago, NanLaew said: There are restrictions on foreign owners of any Thai bank account repatriating funds. The most common enabler is possession of a Thai work permit. I recall that enabling the international transfer option via WP requires the proof to be verified in-person at a bank branch and can't be completed online. Outside of the WP option, unless the account was set up a while ago when restrictions were easier to work around, funds repatriation cannot be done online. Since the OP is asking if it is possible, maybe we can assume that the facility hasn't been enabled by either WP or other methods? Thai owners of Thai bank accounts are not restricted in this manner so if the OP has a trustworthy Thai person willing to work as in intermediary, funds should first be transferred internally in Thailand to that account with the Thai person making the international transfer. eh? So if one deposited 800,000 baht for visa purposes, they would have issues getting that money out of their own account? Are all Thai banks like that? I guess the ATM withdrawal is an option, assuming the Thai bank allows that, or at some point they get difficult and block it claiming some sort of fraud, and then you have a hard time contacting them, or they would cancel the card and then maybe send you a new one, if they even do that to another country and then you would be back to square one again Link to comment Share on other sites More sharing options...
Popular Post grain Posted July 19, 2021 Popular Post Share Posted July 19, 2021 Note to self. When I go back to Australia next year take my 800K THB out of the bank before I leave the country, just in case I never get back to Thailand again. 3 Link to comment Share on other sites More sharing options...
YT3k72Em Posted July 20, 2021 Share Posted July 20, 2021 - Got an ATM card ? withdraw the maximum each day until done. - Got mobile banking ? look for International Transfer button on the mobile App - Got a trustworthy friend ? ...nah forget that. 1 Link to comment Share on other sites More sharing options...
perconrad Posted July 20, 2021 Share Posted July 20, 2021 8 hours ago, gk10012001 said: eh? So if one deposited 800,000 baht for visa purposes, they would have issues getting that money out of their own account? Are all Thai banks like that? I guess the ATM withdrawal is an option, assuming the Thai bank allows that, or at some point they get difficult and block it claiming some sort of fraud, and then you have a hard time contacting them, or they would cancel the card and then maybe send you a new one, if they even do that to another country and then you would be back to square one again Remember to call your bank and inform them that you go to X country and will use your card there, at least if you have an account in SCB. 1 Link to comment Share on other sites More sharing options...
nickmondo Posted July 20, 2021 Share Posted July 20, 2021 i have never read such a load of codswallop in some of the replies to you. of course you can, but you need your Thai phone to receive the OTP. What a load of rubbish people tell you.......................... 1 Link to comment Share on other sites More sharing options...
balo Posted July 20, 2021 Share Posted July 20, 2021 I am outside of Thailand and use my Kasikorn atm card , yes not the best exchange rates but easy solution if you can't do it in any other way. 1 Link to comment Share on other sites More sharing options...
Scouse123 Posted July 20, 2021 Share Posted July 20, 2021 13 hours ago, NanLaew said: There are restrictions on foreign owners of any Thai bank account repatriating funds. I repatriated 5 million last week with no work permit, nothing from a KTB savings account. I am in country however. Link to comment Share on other sites More sharing options...
Brick Top Posted July 20, 2021 Share Posted July 20, 2021 There is actually a very simple solution , just set up an online account with either Dmoney or Western Union and then you can easily transfer out from your phone. If people come on here and say Western Union is expensive , well I sent out 200,000 last week and it was actually a little bit cheaper than Dmoney and cheaper than doing through the bank Link to comment Share on other sites More sharing options...
Alidiver Posted July 20, 2021 Share Posted July 20, 2021 Can be done but not cheap. But, yes, there's a but... You'll need your registered phone number for "One Time Password" My registered phone was my Thai number which has since expired. I've e-mailed Bangkok Bank and they said I have to visit the Bank in person so I'm stuck. Link to comment Share on other sites More sharing options...
asiam110 Posted July 20, 2021 Share Posted July 20, 2021 (edited) 7 hours ago, Alidiver said: Can be done but not cheap. But, yes, there's a but... You'll need your registered phone number for "One Time Password" My registered phone was my Thai number which has since expired. I've e-mailed Bangkok Bank and they said I have to visit the Bank in person so I'm stuck. You also need to use the exact branch you created the account at - no chance using a different branch. In addition you need the passport that was used to registered the account. If you haven't got the passport because you havent been the bank in years and sent them home for storage, then don't think a new passport with all your identical biometric details will suffice, you need a 20baht piece of paper police report to first update the passport number, this process takes about a lifetime in-branch and 632 signatures and just as much tutting from staff. Eventually you'll be on your way to updating your phone number, as you previiously explained why several times (i.e. the OTP for online payments and purcahsed), you'll need to return at the end of day to tell them it doesnt work and, as per originally request, to update the number used for OTP, they'll call websupport, tut like hell and make you sign another 330 pages eventually they will summarize its all your fault and tell you it will work tomorrow.. And it does, easy peasy, and straight forward.. Welcome to Thai banking Edited July 20, 2021 by asiam110 Link to comment Share on other sites More sharing options...
asiam110 Posted July 20, 2021 Share Posted July 20, 2021 (edited) 9 hours ago, Brick Top said: There is actually a very simple solution , just set up an online account with either Dmoney or Western Union and then you can easily transfer out from your phone. If people come on here and say Western Union is expensive , well I sent out 200,000 last week and it was actually a little bit cheaper than Dmoney and cheaper than doing through the bank Western Union is not bad when loading from a bank account and paying out to a bank account, the rates can be somewhat competitive actually, certainly better than any unregulated crypto transfer intermediaries, usually is a little higher than say Transferwise - I've never seen it cheaper, that said if they support the currency pair and direction you need then it's a reasonable option, there is no thai outbound on nearly all popular consumer forex services. Western union quickly get expensive with agent cash out on the destination, or card loading on the source. Edited July 20, 2021 by asiam110 Link to comment Share on other sites More sharing options...
impulse Posted July 20, 2021 Share Posted July 20, 2021 (edited) 10 hours ago, Scouse123 said: I repatriated 5 million last week with no work permit, nothing from a KTB savings account. I am in country however. A few weeks after my WP expired and I was on visa exempt, I tried to transfer some money to China, in person at my K-Bank branch. They explained to me that I needed to be on a long term visa (WP, retirement or marriage). They claimed it was Thai law, not bank policy. That despite the fact that all of the money in my account was trackable to salary under the WP. They also wouldn't allow me to transfer the cash (USD) that I brought with me. I don't claim to know the rules. Just what happened to me, and what I was told by several levels- bank employee, a branch manager, and a discussion with their main office on the phone they handed me. Edited July 20, 2021 by impulse 1 Link to comment Share on other sites More sharing options...
theoldgit Posted July 21, 2021 Share Posted July 21, 2021 @polpottDo you have the Bangkok Bank App, there is an option to transfer funds to the UK and to access their Western Union Service. I haven't tried either service with them, but I have used the Kasikorn App which has a similar service and works seamlessly. Dee Money, as others have said, works well but you need to be in Thailand to open an account. You can send cash online to the UK via Western Union from a Debit Card, you do have to register, I haven't used them but it looks pretty straight forward. https://www.westernunion.com/th/en/send-money.html?src=gg___&utm_content=sdc_pcrid_398394828191_mt_e_kw_western union thailand&gclid=Cj0KCQjw6NmHBhD2ARIsAI3hrM11PL9Zd-sVI1p_hA-IOejavy3QwYLnJSSSYyawoJVJGKkr9KYEiMoaAk17EALw_wcB&gclsrc=aw.ds 1 Link to comment Share on other sites More sharing options...
Scouse123 Posted July 21, 2021 Share Posted July 21, 2021 7 hours ago, impulse said: A few weeks after my WP expired and I was on visa exempt, I tried to transfer some money to China, in person at my K-Bank branch. They explained to me that I needed to be on a long term visa (WP, retirement or marriage). They claimed it was Thai law, not bank policy. That despite the fact that all of the money in my account was trackable to salary under the WP. They also wouldn't allow me to transfer the cash (USD) that I brought with me. I don't claim to know the rules. Just what happened to me, and what I was told by several levels- bank employee, a branch manager, and a discussion with their main office on the phone they handed me. I don't have a work permit so possibly that makes it easier for them as all monies that flowed through my account and came into Thailand came from outside the country. I am on retirement extension from a Non O visa. In the past, I have purchased UK properties, whilst being in Thailand, and been asked for the legal sales contract. Last week I just told them I wished to repatriate funds for personal use. Link to comment Share on other sites More sharing options...
John435 Posted July 21, 2021 Share Posted July 21, 2021 DeeMoney worked for me. I was in Thailand when I set it up but I can’t remember doing anything that wouldn’t work in the UK. They recently sped up the transfer process to a day or two. Link to comment Share on other sites More sharing options...
Brick Top Posted July 21, 2021 Share Posted July 21, 2021 12 hours ago, asiam110 said: Western Union is not bad when loading from a bank account and paying out to a bank account, the rates can be somewhat competitive actually, certainly better than any unregulated crypto transfer intermediaries, usually is a little higher than say Transferwise - I've never seen it cheaper, that said if they support the currency pair and direction you need then it's a reasonable option, there is no thai outbound on nearly all popular consumer forex services. Western union quickly get expensive with agent cash out on the destination, or card loading on the source. Link to comment Share on other sites More sharing options...
Brick Top Posted July 21, 2021 Share Posted July 21, 2021 8 minutes ago, Brick Top said: What I said was Western Union can be as cheap as Dmoney or even cheaper for transferring money out of Thailand. It certainly is not as cheap as Transferwise but Transferwise cant send funds out from Thailand. That company can only send funds into Thailand . Link to comment Share on other sites More sharing options...
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