Best Wise alternative for sending THB?

[RickG16]

I'm aware you can't send THB internationally using Wise, only within Thailand.

 

Can somebody recommend a small fee transfer alternative for sending from Thai to UK account?

 

Is Deemoney any good?

[Puccini]

I would use SWIFT, and I would ask my Thai bank to send GBP, not THB.

[Kalasin Jo]

I've used Deemoney and Bangkok Bank to do this. No problems with either. I had to register with Deemoney first which required uploading some paperwork, a couple of phone calls and an exchange of emails and took a couple of days to get approved. I was already a customer with Bangkok Bank and registration was online and approval within a day.

[bradiston]

Convert your THB to UK £ in Wise and send.

[RickG16]

22 minutes ago, bradiston said:

Convert your THB to UK £ in Wise and send.

Wasn't aware you could do this. What are the steps and how much does it cost?

[RickG16]

2 hours ago, Kalasin Jo said:

I've used Deemoney and Bangkok Bank to do this. No problems with either. I had to register with Deemoney first which required uploading some paperwork, a couple of phone calls and an exchange of emails and took a couple of days to get approved. I was already a customer with Bangkok Bank and registration was online and approval within a day.

Sounds good... For Deemomey how much do you pay for a transfer of over 20,000 THB into GBP

 

Also what paperwork do they require?

 

Cheers

[SmokeandIce]

14 hours ago, Kalasin Jo said:

I've used Deemoney and Bangkok Bank to do this. No problems with either. I had to register with Deemoney first which required uploading some paperwork, a couple of phone calls and an exchange of emails and took a couple of days to get approved. I was already a customer with Bangkok Bank and registration was online and approval within a day.

Do you recall fees and exchange rates ?

Edited June 15, 2023 by SmokeandIce

[bradiston]

1 hour ago, RickG16 said:

Wasn't aware you could do this. What are the steps and how much does it cost?

Apologies. Seems it's not possible.

[Kwasaki]

I go into my Thai bank and send to UK.

[RickG16]

8 minutes ago, Kwasaki said:

I go into my Thai bank and send to UK.

Possible but high fees

[norbra]

2 hours ago, SmokeandIce said:

Do you recall fees and exchange rates ?

 

[norbra]

Just now, norbra said:

 

800,000 max thb per transaction

[norbra]

20 minutes ago, norbra said:

800,000 max thb per transaction

Current mid market rate £1= 44.30 thb.  Deemoney rate 44.58 thb

Edited June 16, 2023 by norbra

[Albaby]

3 hours ago, RickG16 said:

Wasn't aware you could do this. What are the steps and how much does it cost?

 

1 hour ago, RickG16 said:

Possible but high fees

And <deleted> exchange rate. Can't beat Wise.

[Kwasaki]

1 hour ago, RickG16 said:

Possible but high fees

370,000 baht sent by my Bkk bank via swift worked out about £4 something from memor, it's not something I do all the time, the safety of the money is my thing.

[Troy Tempest]

How can I send money out of Thailand?

 

 

1. Bank transfer. A direct bank transfer is a reliable and easy way to transfer money abroad if you have a local Thai bank account. ...
2. DeeMoney. DeeMoney is a dedicated Thai remittance service. ...
3. Western Union & MoneyGram. ...
4. Cryptocurrency. ...
5. Cash conversion. ...
6. Skrill. ...
7. PayPal.

DeeMoney seems to offer the best rates and fees from what I have heard.

 

[Chivas]

I'm utterly outraged with Wise despicable behaviour

After all my praise of Wise and its lightening speed my transfer this morning took a ludicrous 17 minutes

 

Its not acceptable and Wise are for the chop ????

 

Pound cost averaging on Sterling working very nicely currently. 8 transfers completed since June 2nd

[bignok]

3 minutes ago, Chivas said:

I'm utterly outraged with Wise despicable behaviour

After all my praise of Wise and its lightening speed my transfer this morning took a ludicrous 17 minutes

 

Its not acceptable and Wise are for the chop ????

 

Pound cost averaging on Sterling working very nicely currently. 8 transfers completed since June 2nd

It varies. Sometimes 8 seconds, sometimes 30 minutes.

[Chivas]

Just now, bignok said:

It varies. Sometimes 8 seconds, sometimes 30 minutes.

lol I was joking !!

I remember as many other will transfers in the 90's taking 3-4 working days and you had no idea if it arrived unless you went in the bank concerned

[bignok]

6 minutes ago, Chivas said:

lol I was joking !!

I remember as many other will transfers in the 90's taking 3-4 working days and you had no idea if it arrived unless you went in the bank concerned

Still takes 1 to 2 days with some bank transfers. Osko is instant but not all use it.

 

 

[digger70]

43 minutes ago, bignok said:

It varies. Sometimes 8 seconds, sometimes 30 minutes.

Bigger transfers of mine take up to 3 days .

From Nab in Aus to Wise in Aus to Bangkok Bank Thailand. 

[Albaby]

23 hours ago, digger70 said:

Bigger transfers of mine take up to 3 days .

From Nab in Aus to Wise in Aus to Bangkok Bank Thailand. 

Yep, same process for me with St George. If I used St George, the fee would be double and 1BHT per 1AUD dif in the exchange rate!!!

[RickG16]

A friend sent me some THB from Thailand via Deemoney to my UK account on Sunday evening.

 

Still not arrived yet, is this normal?

[norbra]

10 hours ago, RickG16 said:

A friend sent me some THB from Thailand via Deemoney to my UK account on Sunday evening.

 

Still not arrived yet, is this normal?

Because Monday. was a holiday in US .

As DM international transactions are US$ based this is their reason for Monday being. A non working day. 35 countries are affected by this process.

[norbra]

22 hours ago, RickG16 said:

A friend sent me some THB from Thailand via Deemoney to my UK account on Sunday evening.

 

Still not arrived yet, is this normal?

Has the money arrived yet?

I am in similar situation,sent Sunday and still awaiting deposit

[RickG16]

11 minutes ago, norbra said:

Has the money arrived yet?

I am in similar situation,sent Sunday and still awaiting deposit

No not yet. Well at least that's two of us!

[foreverlomsak]

On 6/16/2023 at 10:00 AM, Albaby said:

 

And <deleted> exchange rate. Can't beat Wise.

but Wise can't send from Thailand to UK

[bradiston]

On 6/16/2023 at 6:29 AM, bradiston said:

Convert your THB to UK £ in Wise and send.

This is not possible. However if you wish you can transfer THB from your Thai bank via Dee Money into your Wise sterling or $ accounts. Or any other account I guess.

[RickG16]

16 hours ago, norbra said:

Has the money arrived yet?

I am in similar situation,sent Sunday and still awaiting deposit

Still not come through!

[norbra]

3 minutes ago, RickG16 said:

Still not come through!

Mine arrived this morning around 10:00 am but only after I confirmed recipient account details.

To date they are not honouring their next working day delivery guantee,just keep sending apologies.

Edited June 22, 2023 by norbra