Bank transactions rules

[Spooky1968]

Hi everyfarangs ????

Last year in order to buy a Condo, I used the Xendpay and XE platform to sent 1 and 0,5 millions baths without problems to my Bangkok Bank account.

But last February, i got a problem sending just 150,000 bath by the same way.

XE platform told me that Thai goverment changed the transactions rules when a thai account receive money from foreigner bank account with different name that the thai account owner's name. Up to 50,000 bath is the limit.

Using XE or Xendpay, the money come from their accounts, Wise platform.as well and your name dissappear from transaction ????

Do Anyone know if these rules have changed? I'd appreciate useful comments about this issue

Thanks 

[scubascuba3]

Using Wise the 50k limit doesn't apply to Kasikorn, Krungsri and SCB, the same name doesn't seem important 

[KhunBENQ]

4 hours ago, scubascuba3 said:

Using Wise the 50k limit doesn't apply to Kasikorn, Krungsri and SCB, the same name doesn't seem important 

Sure? Changed?

I remember Bangkok Bank, Kasikorn and SCB.

Bangkok Bank 100%, last transfer July 4.

Sending 2k Euro giving some 7x k Baht.

All in my name.

Edited July 21, 2022 by KhunBENQ

[theoldgit]

5 hours ago, scubascuba3 said:

Using Wise the 50k limit doesn't apply to Kasikorn, Krungsri and SCB, the same name doesn't seem important 

 

From the Wise website

 

Please note that you’ll be able to send 50,000 THB or above per transfer only to the following banks starting from 7 January 2022 due to regulatory changes:

• Bangkok Bank Public Company

• Kasikorn Bank

• Siam Commercial Bank

You can still send money to recipient accounts that use other banks, but you’ll only be allowed to send them up to 49,999 THB per transfer. There’s no limit on how many transfers you can create.

 

https://wise.com/help/articles/2932335/guide-to-thb-transfers

[scubascuba3]

3 hours ago, KhunBENQ said:

Sure? Changed?

I remember Bangkok Bank, Kasikorn and SCB.

Bangkok Bank 100%, last transfer July 4.

Sending 2k Euro giving some 7x k Baht.

All in my name.

Funny that, i meant to write Bangkok Bank but wrote Krungsri probably because i have an account