treetops Posted August 14, 2023 Share Posted August 14, 2023 7 hours ago, Card said: If u don't live in the UK for 180 days per year then you become a non resident, making claims of residential status illegal, irrespective of how you can spin it to appear otherwise. If you get your family involved in that illegality then they are also committing fraud on your behalf. Look up statutory residence test to find the other criteria which come into play. Link to comment Share on other sites More sharing options...
smedly Posted August 15, 2023 Share Posted August 15, 2023 On 8/11/2023 at 11:36 AM, transam said: State pension, in my BKK bank every 28 days, on the dot except bank holidays, so arrives on every fourth Thursday, if a bank holiday, on the Friday. I have done paperwork for a few guys to get their private pensions paid the same, though monthly...never a problem are there charges for this Link to comment Share on other sites More sharing options...
smedly Posted August 15, 2023 Share Posted August 15, 2023 On 8/11/2023 at 12:14 PM, Moonlover said: Completely wrong! I have 3 pensions paid directly into my Wise Multi currency account. do you need a uk address to open this type of account - I already use wise to transfer funds every month but do not have a uk address Link to comment Share on other sites More sharing options...
smedly Posted August 15, 2023 Share Posted August 15, 2023 On 8/12/2023 at 2:45 PM, bondjames007 said: Did you have to provide any proof that you are a resident in UK ? you could be trouble if you don't tell them, tellings lies about where you live is fraud 1 1 Link to comment Share on other sites More sharing options...
transam Posted August 15, 2023 Share Posted August 15, 2023 1 hour ago, smedly said: are there charges for this Not for the state pension, I have not looked at the blokes private pensions regarding fees, but, I talk to their providers via email because the old guys can't, fees were never mentioned. They are happy that their money is in the Thai bank and can pull money from an ATM with no fees.... I get mine this Thursday, I will come back here and tell you exactly what rate I got for the state pension ....... 1 Link to comment Share on other sites More sharing options...
smedly Posted August 15, 2023 Share Posted August 15, 2023 5 minutes ago, transam said: Not for the state pension, I have not looked at the blokes private pensions regarding fees, but, I talk to their providers via email because the old guys can't, fees were never mentioned. They are happy that their money is in the Thai bank and can pull money from an ATM with no fees.... I get mine this Thursday, I will come back here and tell you exactly what rate I got for the state pension ....... all sorted, i now have a wise balance account in the UK wich I can top up from private or state pension when i am old enough Link to comment Share on other sites More sharing options...
transam Posted August 15, 2023 Share Posted August 15, 2023 1 minute ago, smedly said: all sorted, i now have a wise balance account in the UK wich I can top up from private or state pension when i am old enough I will still let you know the exact rate I get from the state pension, it may give you a pointer...???? Link to comment Share on other sites More sharing options...
KannikaP Posted August 15, 2023 Share Posted August 15, 2023 On 8/11/2023 at 10:51 AM, Madgee said: AFAIK, You cannot get any pension, state or private, paid directly in to a Wise Acct.Retiring Abroad: The Implications For Your Pension - Wise I think the regs may have changed since 2015. Link to comment Share on other sites More sharing options...
KannikaP Posted August 15, 2023 Share Posted August 15, 2023 3 minutes ago, transam said: I will still let you know the exact rate I get from the state pension, it may give you a pointer...???? If your State Pension UK is paid into Wise, what has the exchange rate got to do with it. Once in your GBP Wise account, YOU are the one to decide at which rate it is exchanged. 1 Link to comment Share on other sites More sharing options...
Popular Post transam Posted August 15, 2023 Popular Post Share Posted August 15, 2023 2 minutes ago, KannikaP said: If your State Pension UK is paid into Wise, what has the exchange rate got to do with it. Once in your GBP Wise account, YOU are the one to decide at which rate it is exchanged. UK pension is sent in pounds to Citibank in BKK, they do the conversion and send the baht to your account. Something for you to look at and take note of, as the UK gov states they give us a preferential rate.....???? My friends and I are very happy we have nothing to do with UK banks, just use an ATM card in LOS...???? But if you are not interested, then don't take note.....????..................???? 1 1 1 Link to comment Share on other sites More sharing options...
KannikaP Posted August 15, 2023 Share Posted August 15, 2023 20 minutes ago, transam said: UK pension is sent in pounds to Citibank in BKK, they do the conversion and send the baht to your account. Something for you to look at and take note of, as the UK gov states they give us a preferential rate.....???? My friends and I are very happy we have nothing to do with UK banks, just use an ATM card in LOS...???? But if you are not interested, then don't take note.....????..................???? But of course, no annual increase for us criminals! 1 Link to comment Share on other sites More sharing options...
Popular Post transam Posted August 15, 2023 Popular Post Share Posted August 15, 2023 3 minutes ago, KannikaP said: But of course, no annual increase for us criminals! No increase for us non-criminals..............???? 1 1 1 2 Link to comment Share on other sites More sharing options...
Pumpuynarak Posted August 16, 2023 Share Posted August 16, 2023 21 hours ago, transam said: No increase for us non-criminals..............???? I wish i'd never told the DWP that i live in Thailand lol 1 1 Link to comment Share on other sites More sharing options...
transam Posted August 17, 2023 Share Posted August 17, 2023 On 8/15/2023 at 11:21 AM, transam said: Not for the state pension, I have not looked at the blokes private pensions regarding fees, but, I talk to their providers via email because the old guys can't, fees were never mentioned. They are happy that their money is in the Thai bank and can pull money from an ATM with no fees.... I get mine this Thursday, I will come back here and tell you exactly what rate I got for the state pension ....... As promised, when my UK state pension finally got into my account this morning, it worked out at 44.66 bht to the pound.....???? 1 1 Link to comment Share on other sites More sharing options...
Card Posted August 17, 2023 Share Posted August 17, 2023 On 8/14/2023 at 3:38 PM, treetops said: Look up statutory residence test to find the other criteria which come into play. The guy is retired so most if not all the other criteria dont apply do they? Link to comment Share on other sites More sharing options...
KannikaP Posted August 17, 2023 Share Posted August 17, 2023 On 8/11/2023 at 11:32 AM, Pumpuynarak said: Great news for having your pensions state and private paid into your Wise account but will Wise allow you to pay your sterling out to other account UK bank account holders ? Of course they will. 1 Link to comment Share on other sites More sharing options...
KannikaP Posted August 17, 2023 Share Posted August 17, 2023 (edited) On 8/16/2023 at 9:14 AM, Pumpuynarak said: I wish i'd never told the DWP that i live in Thailand lol I didn't! 555 Whoever is Confused, please explain why you are. instead of just a silly emoji, thanks Edited August 17, 2023 by KannikaP 1 1 1 Link to comment Share on other sites More sharing options...
Seppius Posted August 17, 2023 Share Posted August 17, 2023 54 minutes ago, KannikaP said: I didn't! 555 Whoever is Confused, please explain why you are. instead of just a silly emoji, thanks Only forum I know where reactions are private, what's the point in having them 1 1 Link to comment Share on other sites More sharing options...
Popular Post transam Posted August 17, 2023 Popular Post Share Posted August 17, 2023 56 minutes ago, KannikaP said: I didn't! 555 Whoever is Confused, please explain why you are. instead of just a silly emoji, thanks It was me, purely because I can't understand why folk who are on the fiddle broadcast it on an open forum. You may think forums are anonymous, but I wouldn't be so sure...... 1 2 2 Link to comment Share on other sites More sharing options...
KannikaP Posted August 17, 2023 Share Posted August 17, 2023 8 minutes ago, transam said: It was me, purely because I can't understand why folk who are on the fiddle broadcast it on an open forum. You may think forums are anonymous, but I wouldn't be so sure...... OK Trans. I will not say it again. Sorry. 1 Link to comment Share on other sites More sharing options...
MartinL Posted October 6, 2023 Share Posted October 6, 2023 In anticipation of my UK bank account being forcibly closed in the future, I began the Wise account process and also contacted my main occupational/private pension provider re. transfer to a Wise account. They took a while to respond and the question seems to have been a matter of discussion for them - perhaps it had never been asked before. Their reply was that transfer to a Wise account was not possible - a bank account in my name only. This seems at odds with many people's experience here and makes me think it's a local decision rather than one based on banking regulations. I'll ask them to reconsider since pension transfer to Wise seems possible and fairly commonplace. Link to comment Share on other sites More sharing options...
MartinL Posted October 6, 2023 Share Posted October 6, 2023 (edited) On 8/17/2023 at 6:54 PM, Seppius said: Only forum I know where reactions are private, what's the point in having them ... especially when some - I'm looking at you, 'Sad' and 'Confused' - are so ambiguous. Edited October 6, 2023 by MartinL 1 Link to comment Share on other sites More sharing options...
glegolo18 Posted October 6, 2023 Share Posted October 6, 2023 12 hours ago, MartinL said: In anticipation of my UK bank account being forcibly closed in the future, I began the Wise account process and also contacted my main occupational/private pension provider re. transfer to a Wise account. They took a while to respond and the question seems to have been a matter of discussion for them - perhaps it had never been asked before. Their reply was that transfer to a Wise account was not possible - a bank account in my name only. This seems at odds with many people's experience here and makes me think it's a local decision rather than one based on banking regulations. I'll ask them to reconsider since pension transfer to Wise seems possible and fairly commonplace. I am not sure this will help you too much. I am swedish and our pension-provider (the goverment) are able to pay out to Wise... Wise is in this respect a bank, approved to deal with money, and are having actual bank-accounts, I have open one just recently and I am in exactly the very same position as you are, I will be thrown out from my damn bank because I live in Thailand.... So hopefully maybe England can do the very same as Sweden. Good luck... Link to comment Share on other sites More sharing options...
Baht Simpson Posted October 6, 2023 Share Posted October 6, 2023 On 8/17/2023 at 9:21 AM, transam said: As promised, when my UK state pension finally got into my account this morning, it worked out at 44.66 bht to the pound.....???? What were the charges? Link to comment Share on other sites More sharing options...
transam Posted October 7, 2023 Share Posted October 7, 2023 11 hours ago, Baht Simpson said: What were the charges? As far as I am aware, none... 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now