sending money uk to thailand, i don't get charged but gf does

[brendan3150]

1 hour ago, treetops said:

It's not 100% clear from the posts, but I think the 300 baht was only charged once on the original transfer.

 

OP:  Does "first test" at the start of this post mean first post in this discussion or first post today?

 

 

 

yes treetops. she sent 1000 as a test , to make sure all the details are correct , account number , name etc . we put to but a property , BB took 300bt . today she sent another 1000 "to freinds or family" , she received the whole 1000

[brendan3150]

*we put to buy a property , in the wise reason for sending the money

[The Fat Controller]

@brendan3150do you have online banking or the Bangkok Bank app available ?

 

You will see the 300 THB charge code/reason specified there.

 

If it only happened once, I am still betting on it being the annual fee for her ATM card.

 

Bangkok Bank do not charge for receiving normal Wise transfers as it is sent in THB from a local partner.

 

 

[brendan3150]

@The Fat Controller, no she doesn't use online banking. when we get there we will find out what the charge was for and i will update this thread  

[scubascuba3]

6 hours ago, brendan3150 said:

@The Fat Controller, no she doesn't use online banking. when we get there we will find out what the charge was for and i will update this thread  

Did she only get charged 300 baht once or was it twice as she tested "buying a property" twice i think you said?

[brendan3150]

@scubascuba3 she got charged 300 when she first sent 1000 as we put the reason for sending as "money for property purchase"

the second time she sent 1000 we put the reason as "sending to family or friends" and she was not charged

 

we won't really know what the 300 charge was for , i will update once we get there. it could have been a charge for the card/account as someone mentioned as she didn't check what her balance was for a few weeks or before sending the first 1000 , sorry i forgot to add that bit

[scubascuba3]

39 minutes ago, brendan3150 said:

@scubascuba3 she got charged 300 when she first sent 1000 as we put the reason for sending as "money for property purchase"

the second time she sent 1000 we put the reason as "sending to family or friends" and she was not charged

 

we won't really know what the 300 charge was for , i will update once we get there. it could have been a charge for the card/account as someone mentioned as she didn't check what her balance was for a few weeks or before sending the first 1000 , sorry i forgot to add that bit

ok that's important, I'm pretty confident that's the annual ATM card fee, maybe ask your gf if it was charged same time last year

[lopburi3]

11 hours ago, scubascuba3 said:

at the Bank they charge 100 baht for the letter so I don't think it's for that

I am not talking bank letter - funds for condo purchase require a different document but have not done myself.  But as others have said likely this was an ATM card fee.

 

10 hours ago, brendan3150 said:

will stating "sending to family or friends " be enough ?

Should be fine if she doing the buying in her name.  As Wise is limited to under 50k baht to many banks now it might require a lot of transactions.  Often better to make $50k type transfers by direct SWIFT from home bank but make sure send USD for conversion in Thailand.

Edited June 3, 2022 by lopburi3

[KannikaP]

12 hours ago, scubascuba3 said:

what reason? that seems important 

Long stay.

There are other posters on here who insist that the reason is irrelevant though.

[scubascuba3]

3 hours ago, KannikaP said:

Long stay.

There are other posters on here who insist that the reason is irrelevant though.

Maybe they don't understand, it's only relevant if you need the transfers to show as International, otherwise it's best not to use it as it delayed settlement 

[KannikaP]

1 minute ago, scubascuba3 said:

Maybe they don't understand, it's only relevant if you need the transfers to show as International, otherwise it's best not to use it as it delayed settlement 

And as I have said before, if you do not want a delayed settlement.....send it a day earlier. 555

[brendan3150]

14 hours ago, lopburi3 said:

 

Should be fine if she doing the buying in her name.  As Wise is limited to under 50k baht to many banks now it might require a lot of transactions.  Often better to make $50k type transfers by direct SWIFT from home bank but make sure send USD for conversion in Thailand.

on wise when sending to bangkok bank i believe over 50,000bt is fine to certain banks , such as BB .

 

we went to her bank in london and was going to send the money ( about £50,000 ) using swiftto her BB account and change it to baht when we get there , but i think BB were going to give her 42.5  compared to wise at 43   ( ish )  . wise is charging her about £160 i think to send it and a better rate . is wise safe or would swift be a better option ?

 

some people have said wise is better .

[Boyn]

can somebody confirm , if sending money to thailand with Wise what reason do you give?

[The Fat Controller]

@brendan3150 using Wise I first add funds to my GBP balance, they provide the sort code and your own account number, you can find it in the app.

 

They accept Faster Payments from any UK bank that offers them.

 

Once the funds are sitting in your GBP balance just "send money" and Wise will give you the rate, fees and expected arrival date.

 

If using the "long term" option funds will usually arrive the next working day around 1400 Thai time, this is because Wise ensure they are tagged as "international", not sure about "house etc" transfers.

 

There is a limit of 2 million THB per transfer with Wise but you can do more than one in a day.

 

I sent 3 transactions of 2 million THB last year with no problems.

 

Even with the seemingly large fee from Wise, the fact that they use near mid-market rates meant they were the most cost effective and believe me I did my research.

 

Wise is certainly the best from the UK, however US and other customers may have better options for larger sums.

 

If you have the dreaded Facebook, lots of information in this group.

 

https://www.facebook.com/groups/3137055526523798

 

 

 

 

 

[brendan3150]

@The Fat Controller

 

thanks very much for the detailed write TFC

[The Fat Controller]

14 minutes ago, Boyn said:

can somebody confirm , if sending money to thailand with Wise what reason do you give?

You can select any you wish from their list.

 

The "long term" reason from Wise to Bangkok Bank is there so those who need the certainty of it being marked as "international transfer" for visa purposes.

 

That one normally arrives the next working day as it is processed differently.

 

Other can arrive in minutes.

[ChaiyaTH]

How to make something very simple complicated + generate 3 pages of posts without even having checked if something went wrong in the first place.

1) Check the fees of whatever bank or app you use, that will be the costs you pay.
2) Check balances and transaction records if you still don't believe it.
3) You now found out you were wrong or miscalculated something in the first place.
4) Regardless of those costs and outcome:
You will still be using them for the fastest and cheapest transfer.

[brendan3150]

@ChaiyaTH yes we might have jumped the gun   , as it may well be the card fee .

but we were not aware that there was a card fee

she does not use online banking or app , she gets the balance from an ATM in the UK

 

apologies if my thread has annoyed you

 

good luck

 

 

 

[treetops]

25 minutes ago, brendan3150 said:

apologies if my thread has annoyed you

You're quite new on here (Feb this year).  Stick around and you'll read much more miserable, pointless posts than that one from ChaiyaTH whose profile pic should probably be changed to -

 

Edited June 3, 2022 by treetops

[The Hammer2021]

On 6/2/2022 at 7:13 AM, RickyJB said:

I send money with wise every month for my son, granny and my adopted daughter. Never have they been charged. Sounds like crooked going ons 

No it DOES NOT sound like crooked goings on-probably user error!

[The Hammer2021]

"we both live in london uk. today she sent 1000 from wise and bangkok charged her 300tb .  i sent her 1000 and she was not charged anything"

Could you clarify this please?

As a sender she got charged

As a receiver she was not charged

Did you get charged?

[The Hammer2021]

29 minutes ago, brendan3150 said:

@ChaiyaTH yes we might have jumped the gun   , as it may well be the card fee .

but we were not aware that there was a card fee

she does not use online banking or app , she gets the balance from an ATM in the UK

 

apologies if my thread has annoyed you

 

good luck

 

 

 

I found it puzzling and have asked  for clarification

[The Hammer2021]

2 hours ago, Boyn said:

can somebody confirm , if sending money to thailand with Wise what reason do you give?

Depending on our circumstances it can be different- hospital- property- long-term stay..What are your circumstances? Just answer  honestly!

[The Hammer2021]

2 hours ago, The Fat Controller said:

You can select any you wish from their list.

 

The "long term" reason from Wise to Bangkok Bank is there so those who need the certainty of it being marked as "international transfer" for visa purposes.

 

That one normally arrives the next working day as it is processed differently.

 

Other can arrive in minutes.

My 'long term ' money usually  takes  seconds if under 50k

[The Hammer2021]

19 hours ago, brendan3150 said:

@scubascuba3 she got charged 300 when she first sent 1000 as we put the reason for sending as "money for property purchase"

the second time she sent 1000 we put the reason as "sending to family or friends" and she was not charged

 

we won't really know what the 300 charge was for , i will update once we get there. it could have been a charge for the card/account as someone mentioned as she didn't check what her balance was for a few weeks or before sending the first 1000 , sorry i forgot to add that bit

You used two  different  reasons and got  two different results? Surely you have answered  you own question!

[treetops]

1 minute ago, The Hammer2021 said:

My 'long term ' money usually  takes  seconds if under 50k

The delay referred to (until 2:00pm the next day depending on timing) is when users require the transfer to be identified as coming from overseas, usually for visa/extension purposes.

 

This procedure is carried out with recipient acccounts in Bangkok Bank and maybe Kasikorn too.  If you are getting instant transfers with the "long term" option selected you must be sending to another bank.  Is that correct?

[brendan3150]

@The Hammer2021 i do have to apologise to every for the confusion. the problem arose as ( i wasn't aware ) she didn't check her BB balance before we sent the first 1000 test , she only had her BB balance of a few months earlier .

so as others have said , the 300 could have been taken out at anytime before .

 

sorry guys

 

????@treetops

[treetops]

5 minutes ago, The Hammer2021 said:

You used two  different  reasons and got  two different results? Surely you have answered  you own question!

No, the reason is a red herring and should make no difference to what is received in the OP's Thai bank when using Wise.

[The Fat Controller]

Too many red herrings being thrown into the pot.

 

Bangkok Bank DO NOT charge a fee for receiving THB from Wise, whichever reason is selected for the transfer.

 

If they did, it would be all over the Facebook group, the link to which I posted earlier.

 

Unless the OP's wife can get a mini statement from the ATM in the UK, we shall not know what has happened until she can get to Thailand.

 

My bet remains it is the annual fee for her ATM card which just happens to be exactly the amount in question.

 

 

 

 

[scubascuba3]

6 hours ago, The Fat Controller said:

You can select any you wish from their list.

 

The "long term" reason from Wise to Bangkok Bank is there so those who need the certainty of it being marked as "international transfer" for visa purposes.

 

That one normally arrives the next working day as it is processed differently.

 

Other can arrive in minutes.

The "long term" and " buying a property" reasons both process transfers as International for both Bangkok Bank and Kasikorn