Maybole Posted January 14, 2022 Share Posted January 14, 2022 Last week Wise Emailed to inform me that as of 7 Jan they were restricted to sending a maximum of Thb50000 in any one transaction to any Thai bank except Kasikorn, Siam Commercial and Bangkok Bank. Wise customer relations could not explain why except that it was a restriction on their licence to operate in Thailand. Can anybody offer further reasons or expand on this? Link to comment Share on other sites More sharing options...
The Hammer2021 Posted January 14, 2022 Share Posted January 14, 2022 Check the other four threads on this subject 2 Link to comment Share on other sites More sharing options...
chang50 Posted January 14, 2022 Share Posted January 14, 2022 Almost certainly an anti money laundering reg, 1 Link to comment Share on other sites More sharing options...
Popular Post RichardColeman Posted January 14, 2022 Popular Post Share Posted January 14, 2022 Bit pointless really if you can do infinite sendings under 50,000 thb 4 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 14, 2022 Share Posted January 14, 2022 anti money laundering Link to comment Share on other sites More sharing options...
DrJack54 Posted January 15, 2022 Share Posted January 15, 2022 (edited) 5 hours ago, RichardColeman said: Bit pointless really if you can do infinite sendings under 50,000 thb Not the best if your buying real estate etc. Last time I did that the limit was something like 800k baht. 50k would be messy. This topic should be in Finance banking forum Edited January 15, 2022 by DrJack54 1 Link to comment Share on other sites More sharing options...
Popular Post Andyfez Posted January 15, 2022 Popular Post Share Posted January 15, 2022 Well there's still three main Banks they list where you can carry on sending as much money as you like. Just open another bank account. 2 1 Link to comment Share on other sites More sharing options...
Maybole Posted January 15, 2022 Author Share Posted January 15, 2022 15 hours ago, The Hammer2021 said: Check the other four threads on this subject I did not see them, link please. Link to comment Share on other sites More sharing options...
chilly07 Posted January 15, 2022 Share Posted January 15, 2022 Very Wise to keep transactions below 50k. Not sure I would risk transferring 100k at one go. That would be a months spending down the chute. I restrict my transactions so that I can follow up with another to get the FTT Immigration insist on if one slips through as a local transfer 1 2 Link to comment Share on other sites More sharing options...
Pattaya Spotter Posted January 15, 2022 Share Posted January 15, 2022 43 minutes ago, chilly07 said: Very Wise to keep transactions below 50k. Not sure I would risk transferring 100k at one go. ???????????? Link to comment Share on other sites More sharing options...
Bangkok Barry Posted January 15, 2022 Share Posted January 15, 2022 13 hours ago, RichardColeman said: Bit pointless really if you can do infinite sendings under 50,000 thb It's Thai logic. They wouldn't have thought of that, and if you can use three alternative banks what is the point anyway? 2 Link to comment Share on other sites More sharing options...
Bangkok Barry Posted January 15, 2022 Share Posted January 15, 2022 1 hour ago, chilly07 said: Very Wise to keep transactions below 50k. Not sure I would risk transferring 100k at one go. That would be a months spending down the chute. I need about four months to get through 100k. And I live very comfortably on that. I win ???? 1 1 Link to comment Share on other sites More sharing options...
MJCM Posted January 15, 2022 Share Posted January 15, 2022 (edited) 2 hours ago, Maybole said: I did not see them, link please. Banking forum here: https://aseannow.com/forum/13-jobs-economy-banking-business-investments/ You want links: This is just 3 from the first pages of that particular forum!! https://aseannow.com/topic/1246467-wise-transfer-imposes-50k-limit-to-thailand/https://aseannow.com/topic/1246481-money-transfer-into-thailand/https://aseannow.com/topic/1245844-wise-there’s-a-new-limit-for-thb-transfers/ And the MAIN one here: Edited January 15, 2022 by MJCM 1 Link to comment Share on other sites More sharing options...
DrJack54 Posted January 15, 2022 Share Posted January 15, 2022 26 minutes ago, Bangkok Barry said: I need about four months to get through 100k. And I live very comfortably on that Must be a joke. Too subtle for me to see it. 1 1 1 Link to comment Share on other sites More sharing options...
MJCM Posted January 15, 2022 Share Posted January 15, 2022 2 minutes ago, DrJack54 said: Must be a joke. Too subtle for me to see it. If alone and no rent and no electric and no internet and no car and no health insurance to pay. I could manage that as well! ???? 1 Link to comment Share on other sites More sharing options...
DrJack54 Posted January 15, 2022 Share Posted January 15, 2022 Just now, MJCM said: If alone and no rent and no electric and no internet and no car and no health insurance to pay. I could manage that as well! ???? Clearly no booze. For that matter "wine women and song" 1 Link to comment Share on other sites More sharing options...
thaichef99 Posted January 15, 2022 Share Posted January 15, 2022 WYSE has told me that to a Kasikorn account, the limit is 2M Baht per transfer, Link to comment Share on other sites More sharing options...
CharlieH Posted January 15, 2022 Share Posted January 15, 2022 Other discussions on this we dont need yet another topic on it. CLOSED 2 Link to comment Share on other sites More sharing options...
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