Hi,
Yeah, I understand you.
Fortunately from my point of view, because I would be moving from Non Imm-O extension, I have all that stuff in place.
I've had Non Imm-O for many years, got DL, yellow book, Pink ID, bank account, I can't think of much else it would be required. Even my bank, when doing transactions that require ID, accept pink ID.
In the past I have done both transactions (ie sometimes foreign currency from outside of Thailand to a Thai baht account, .... and sometimes foreign currency from outside of Thailand to an FCD account). A lot depends on factors other than the current exchange rate at the time of the transfer when one decides to do the transfer.
With regard to Wise, I find Wise is good for relative modest amounts of money. But for large amount transfers (say to buy a condo or such) then Wise is often not the cheapest approach, and a nominal Swift transfer could be superior (dependent on the Banks involved).
... with the added caveat that this only refers to income earned after 31-Dec-2023 and that foreign savings and income earned prior to 1-Jan-2024 is not taxable when brought into Thailand per RD order 161 and RD instruction 162.
Reference the DTV visa - it is still relatively new. I suspect with time it will be possible to open a Thai bank account with that visa, .... and for all I know it may be feasible now with some banks (and/or agents).
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