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Posted

Dear members

 

for transferring money , to cover living expenses in thailand , from my european bank to my thai bank SCB (roughly 1.000 euros which translates into 40/50 k baht),

is WISE still the best/cheapest option?

(Using either the bank2bank method or bank card method)

 

i have read about a recent transfer cap at 50k baht, correct?

 

and i read some complaints about WISE closing accounts etc (but i think it should not affect me as i keep no money into WISE, i only intend to transfer, correct?)

 

thanks to all contributors

Posted
2 hours ago, giogio said:

(Using either the bank2bank method or bank card method)

What's the difference? You send/put money into a Wise account and that is sent to wherever you want it to be sent.

Posted

There is no 50k per transaction cap (thankfully) and if any accounts were closed, there would have been a good reason.

 

I've been trusting them with all my pension incomes for the last 3 years and will continue to do so.

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