Latest WISE (TransferWise) transfer from the US

[connda]

I keep hearing stories about how long this person or that person is having receiving a international transfer using WISE.  And I have some myself.

Yesterday smoked it.  Less then 5 minutes for the transfer to arrive at my SCB account.  I'm impressed.

[paulbl]

5 seconds from the UK yesterday

 

[anchadian]

20 minutes ago, paulbl said:

5 seconds from the UK yesterday

 

8 seconds from the UK yesterday.

[scubascuba3]

People like talking about their transfer speeds

[treetops]

Some people understand how Wise works, some financial wizzos are still struggling their way up the learning curve.

[userabcd]

14 hours ago, scubascuba3 said:

People like talking about their transfer speeds

Yes and any slight delay in the transfer generates a new post and flurry of new comments how long their transfer took.

Edited June 19, 2022 by userabcd

[Moonlover]

45 minutes ago, treetops said:

Some people understand how Wise works, some financial wizzos are still struggling their way up the learning curve.

I've stopped offering advise now. All it does is generate yet more versions of how Wise works best.

[himmel]

Well ill throw my eggs in the basket, mine took 6 days Funded June 01, Paid out June 06

[CharlieH]

Personally, if you are that concerned about the speed to that degree of minutes or seconds etc and it causes you anxiety if it goes beyond that, then its either really poor planning, or living on a knife edge financially.

[LomSak27]

Transactions from the US are taking seconds these days, just like all those breathless reports from the UK or OZ over the years. Been doing so for over half a year.

Someone explained; as the DHS transactions from US, are the low cost option it takes longer. Sounded good, but now that DHS have been under a minute, literally seconds, not the 8, 24, 48 hours that transactions from the US once took, might have been something else.  Whatever the reason, it is nice.

[RafPinto]

18 minutes ago, CharlieH said:

Personally, if you are that concerned about the speed to that degree of minutes or seconds etc and it causes you anxiety if it goes beyond that, then its either really poor planning, or living on a knife edge financially.

Or the gf saw a "special" handbag and wants it "NOW".

[Moonlover]

1 minute ago, RafPinto said:

Or the gf saw a "special" handbag and wants it "NOW".

That's what credit cards are for. ????

[RafPinto]

3 minutes ago, Moonlover said:

That's what credit cards are for. ????

No have.

[Raindancer]

15 hours ago, paulbl said:

5 seconds from the UK yesterday

 

It would be interesting to know, what reason you selected and which Thai bank received the transfer.

 

Mine always arrives at 1413 hrs on the same day, having made my transfer from UK at around 9am Local time  each time.  BKK  and funds for long term stay in Thailand chosen. 

[CharlieH]

5 minutes ago, RafPinto said:

No have.

There is always the Thai way, drop some gold off, get the cash, then get the gold back later when the money arrives ???? Gold is their credit card..555

[treetops]

5 minutes ago, Raindancer said:

It would be interesting to know, what reason you selected and which Thai bank received the transfer.

 

Mine always arrives at 1413 hrs on the same day, having made my transfer from UK at around 9am Local time  each time.  BKK  and funds for long term stay in Thailand chosen. 

9am local time in the UK is already at least 15:00 local time in Thailand and your funds get in at 14:13 on the same day? ????

 

It's OK, those who understand know what you mean and why it happened like it did.  Self proclaimed financial wizzos will be along soon to express their disbelief and tell you what you're doing wrong.

[RafPinto]

13 minutes ago, CharlieH said:

There is always the Thai way, drop some gold off, get the cash, then get the gold back later when the money arrives ???? Gold is their credit card..555

Good they don't accept Bitcoin.
Dropping like a stone.

[Moonlover]

18 minutes ago, Raindancer said:

It would be interesting to know, what reason you selected and which Thai bank received the transfer.

 

Mine always arrives at 1413 hrs on the same day, having made my transfer from UK at around 9am Local time  each time.  BKK  and funds for long term stay in Thailand chosen. 

I was doing more or less the same as you except that I was starting the transaction a little earlier, usually around 07:30 Thai time and always using  'funds for long term stay in Thailand' and I was getting the same result as you.

 

Then around 6 months ago, following something I read right here on the forum, I switched to using 'Monthly Living Expenses' (or words to that affect) and that was the day I received my first instant transfer into my Krungrsi account. And it's been that way ever since.

 

My conclusion is, that unless you need to use it to get an FTT code in your passbook, stay away from 'Funds for long term stay in Thailand'.

[Raindancer]

Many thks.  Don't need FTT.

[Moonlover]

37 minutes ago, RafPinto said:

40 minutes ago, Moonlover said:

That's what credit cards are for. ????

 

37 minutes ago, RafPinto said:

No have.

Can't help you there. ????

[Raindancer]

25 minutes ago, treetops said:

9am local time in the UK is already at least 15:00 local time in Thailand and your funds get in at 14:13 on the same day? ????

 

It's OK, those who understand know what you mean and why it happened like it did.  Self proclaimed financial wizzos will be along soon to express their disbelief and tell you what you're doing wrong.

I wrote 9am local time.  As I live in Thailand  that is 0900am thai time  which is 0300 am uk time the day before. 

Edited June 19, 2022 by Raindancer
Correction

[treetops]

26 minutes ago, Raindancer said:

I wrote 9am local time.  As I live in Thailand  that is 0900am thai time  which is 0300 am uk time the day before. 

That's OK, it was the "local time each time" that could be misinterpreted but I got you, hence the ???? and your result was entirely as expected.

[Moonlover]

1 hour ago, Raindancer said:

0900am thai time  which is 0300 am uk time the day before. 

The day before? 

[RichardColeman]

Sent £1400 from UK  Friday , my UK bank to BKK bank, wont be there until Monday - so three days. 

 

Problem I am having is the new going to your bank net to authorise it. I am waiting on spinning 'we are doing a quick check' screen until the site times out.  Having to send visa my debit card, rather than my bank account and losing £4 more a month. Technology is a making my life more hard, not more easy

 

[treetops]

6 minutes ago, RichardColeman said:

Sent £1400 from UK  Friday , my UK bank to BKK bank, wont be there until Monday - so three days.

Over 50,000 baht which has cropped up a couple of times recently as potentially prompting a slower transfer irrespective of reason chosen.

 

7 minutes ago, RichardColeman said:

Problem I am having is the new going to your bank net to authorise it. I am waiting on spinning 'we are doing a quick check' screen until the site times out.  Having to send visa my debit card, rather than my bank account and losing £4 more a month. Technology is a making my life more hard, not more easy

I have never changed to the "new" method and still send using my UK bank website.  Works fine and avoids any extra charges.  Is this not an option for you any more?

[userabcd]

1 hour ago, Raindancer said:

I wrote 9am local time.  As I live in Thailand  that is 0900am thai time  which is 0300 am uk time the day before. 

09h00 thai time and 03h00 UK time is the same day.

Edited June 19, 2022 by userabcd

[userabcd]

25 minutes ago, RichardColeman said:

Sent £1400 from UK  Friday , my UK bank to BKK bank, wont be there until Monday - so three days. 

 

Problem I am having is the new going to your bank net to authorise it. I am waiting on spinning 'we are doing a quick check' screen until the site times out.  Having to send visa my debit card, rather than my bank account and losing £4 more a month. Technology is a making my life more hard, not more easy

 

Best to transfer mon to thurs ie work days which are always quoted by business and govt and excluding the public holidays both in Thailand and abroad.

 

Theoretically if you tf on Fri and receive on mon it is 1 working day.

 

"Technology is a making my life more hard, not more easy" ...and more invasive.

Edited June 19, 2022 by userabcd

[Raindancer]

59 minutes ago, userabcd said:

09h00 thai time and 03h00 UK time is the same day.

There's always one.  Pedantic!!

 

I love the blocking feature!

 

Edited June 19, 2022 by Raindancer
Addition

[Denim]

4 hours ago, himmel said:

Well ill throw my eggs in the basket, mine took 6 days Funded June 01, Paid out June 06

I think its quicker if the payment is made with your Debit card. If the funds are transferred from your bank account to Wise it will take longer. However , the limit on debit card is less.

[treetops]

4 minutes ago, Denim said:

I think its quicker if the payment is made with your Debit card. If the funds are transferred from your bank account to Wise it will take longer. However , the limit on debit card is less.

I don't know where himmel is from so don't know his banking procedures, but for the UK (and I believe the EU) bank to Wise transfers are almost instantaneous in nearly all cases.

 

Where are from that induces delays?