bradiston Posted October 6, 2023 Share Posted October 6, 2023 I set up a THB transfer from Krungthai to Wise UK on Thursday at 7pm. I'm now told it will arrive Tuesday. After 4pm counts as next day. No transfers at weekend. Holiday in US Monday. What a joke! Link to comment Share on other sites More sharing options...
scubascuba3 Posted October 6, 2023 Share Posted October 6, 2023 Post doesn't match the title? 2 Link to comment Share on other sites More sharing options...
Bill97 Posted October 6, 2023 Share Posted October 6, 2023 Yes we should expect transfers on the weekend because they never did them in the past. Link to comment Share on other sites More sharing options...
Caldera Posted October 6, 2023 Share Posted October 6, 2023 Sounds perfectly reasonable to me. You know about weekends and public holidays well in advance and plan accordingly. Link to comment Share on other sites More sharing options...
Classic Ray Posted October 6, 2023 Share Posted October 6, 2023 Banks and money exchanges use your money for short term investment. Transfers could be instantaneous, but they have no incentive to do this. 1 Link to comment Share on other sites More sharing options...
DJ54 Posted October 6, 2023 Share Posted October 6, 2023 Same with Thai bank… transfers not processed after hours and on holidays. Unfortunately but not unexpected… once was 5 days delay due to holiday/bank closed days… Link to comment Share on other sites More sharing options...
bradiston Posted October 6, 2023 Author Share Posted October 6, 2023 So 20,000 THB leaves my account on Thursday at 7pm. Friday, nothing I can see happens. Sat/Sunday, oh of course, computers don't work at weekends. This is, after all, is simply moving binary digits around from one server to another. No physical entities involved at all. Monday is a holiday in the US, but what's it doing there? Oh, that's our helper bank. Everything goes through it. Then finally on Tuesday the American bank moves it into a UK bank account. None of these exists in the real world. It's just computer code. There is no UK bank account, except as a piece of code. It's all complete nonsense. Link to comment Share on other sites More sharing options...
Celsius Posted October 6, 2023 Share Posted October 6, 2023 3 hours ago, scubascuba3 said: Post doesn't match the title? Why not? He is using dee money to transfer from a Thai bank account to his wise account. Link to comment Share on other sites More sharing options...
norbra Posted October 6, 2023 Share Posted October 6, 2023 (edited) 5 hours ago, bradiston said: I set up a THB transfer from Krungthai to Wise UK on Thursday at 7pm. I'm now told it will arrive Tuesday. After 4pm counts as next day. No transfers at weekend. Holiday in US Monday. What a joke! Yeah next day guaranteed 555 My final transfer 08:00 Thursday, Monday US holiday arrived in Australia Tuesday AEST 22:30. Now using WU cheaper and more dependable for me. Edited October 6, 2023 by norbra Link to comment Share on other sites More sharing options...
Kalasin Jo Posted October 6, 2023 Share Posted October 6, 2023 It's all there in their t&c's. A Thai bank wouldn't do any better. I've had them miss their next day commitment without the 4pm and weekend issues getting in the way. They said it was a problem with their fintech partner in the receiving country ( not the final destination which like you was Wise). Offered me my next transfer without fee to compensate. Which they honoured. Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted October 6, 2023 Share Posted October 6, 2023 Its Count Dee Mo--NAY!!!!! ???? *shout out to Mel Brooks*..... Link to comment Share on other sites More sharing options...
brianthainess Posted October 6, 2023 Share Posted October 6, 2023 (edited) 7 hours ago, bradiston said: I set up a THB transfer from Krungthai to Wise UK on Thursday at 7pm. I'm now told it will arrive Tuesday. After 4pm counts as next day. No transfers at weekend. Holiday in US Monday. What a joke! I transferred money yesterday direct from my Nationwide Account to Krungthai and it arrived today. oops sorry misread your post. but still. Edited October 6, 2023 by brianthainess Link to comment Share on other sites More sharing options...
bradiston Posted October 7, 2023 Author Share Posted October 7, 2023 Update! The money arrived in my Wise £ account yesterday at 1622. Men. It can be done! Link to comment Share on other sites More sharing options...
PPGuy Posted October 7, 2023 Share Posted October 7, 2023 19 minutes ago, bradiston said: Update! The money arrived in my Wise £ account yesterday at 1622. Men. It can be done! Rather mealy-mouthed comment on DM exceeding their normal transfer timings. Especially after all the 'what a joke' ramblings despite the advised timings matching with their terms. i have used DM a number of times and found their service to be very efficient. Usually transfer afternoon for next day credit. But, when I have set up transfers to UK just prior to 9am Thai time, the funds are sometimes in my UK bank same day. Not too shabby. Link to comment Share on other sites More sharing options...
khunjake Posted October 7, 2023 Share Posted October 7, 2023 I had used DM many times before without issues. Sometimes the transfer would arrive a day or two later then they say in their guarantee though. Recently they stalled a transfer of mine by asking to see my thai bank statement showing the last 3 month’s transactions including the last transaction showing the actual DM transfer which of course is not reflected in the statement until the next business day. So be advised that you may be asked for bank statements and if you cant provide, your money could be stalled for 7-10 days from what other users have posted. Personally I wont use their services anymore after this last ordeal. 1 1 Link to comment Share on other sites More sharing options...
bradiston Posted October 7, 2023 Author Share Posted October 7, 2023 1 hour ago, PPGuy said: Rather mealy-mouthed comment on DM exceeding their normal transfer timings. Especially after all the 'what a joke' ramblings despite the advised timings matching with their terms. i have used DM a number of times and found their service to be very efficient. Usually transfer afternoon for next day credit. But, when I have set up transfers to UK just prior to 9am Thai time, the funds are sometimes in my UK bank same day. Not too shabby. Yeah, but nothing like what they quoted me which is what spurred my comments. Why quote Tuesday when the funds arrived Friday, after a huge amount of complaining from me? That's not a service of any description. And you'll always get a percentage of respondents with "always worked well for me", akin to "nobody else has complained". Link to comment Share on other sites More sharing options...
djlest Posted November 7, 2023 Share Posted November 7, 2023 im curious but is WISE now connected to Dee money, ive heard you can use Wise to send money from Thailand and it may utilize dee money in some way. anyone know more? Link to comment Share on other sites More sharing options...
bradiston Posted November 7, 2023 Author Share Posted November 7, 2023 1 hour ago, djlest said: im curious but is WISE now connected to Dee money, ive heard you can use Wise to send money from Thailand and it may utilize dee money in some way. anyone know more? Yes. Wise won't fetch money from your Thai bank account. Dee will. So you have the option of using Dee to fetch THB and change them into something Wise will accept. Or just skip the Wise part altogether. Link to comment Share on other sites More sharing options...
treetops Posted November 8, 2023 Share Posted November 8, 2023 21 hours ago, djlest said: im curious but is WISE now connected to Dee money, ive heard you can use Wise to send money from Thailand and it may utilize dee money in some way. anyone know more? Dee Money are a transfer partner for Wise. If you look at your transaction PDFs you will see which transfer partner they have used, either Dee Money, BBL or Kasikorn. TMB used to be one too, but I don't think they use them any more. 1 Link to comment Share on other sites More sharing options...
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