Banks refusing to send my money to UK??? FFS

[liddelljohn]

Asked my Thai banks to send about 440,000 baht to UK and they have flatly refused me ,, even though i have proof the money came in from abroad many times ,,,???? Im not well and this is making me furious ,, its to help my daughter ,, any ideas ????

 

Only last year i sent money to my brother in uk no problems ??

Other than taking it out in cash changing it to £ and carrying it back on a <deleted> plane what the <deleted> am I supposed to do ????

30 years and its getting barmier here ,, thats why i am slowly cutting my ties and assets here back to Europe , only thing I now enjoy in Thailand is my motorcycles and If I can get them and the rest of my stuff back to EU reasonably i would

__________________

[Mike Lister]

The banks have limits how much you can send each day, ask your bank what the limit is and send just under that amount.

 

Er, presumably you don't mean that you're actually trying to send Baht, presumably you mean you're giving them Baht to exchange into Pounds for sending? You can't export THB above a very low limit, except to two provinces in China.

[dddave]

I don't have an answer to your problem but don't lay the blame entirely on Thailand.  Western governments, especially the US & UK have been putting enormous pressure on banks and financial institutions worldwide to tighten rules and aggressively enforce existing rules, especially when it involves moving larger sums of money internationally. 

[topt]

15 minutes ago, liddelljohn said:

what the <deleted> am I supposed to do ????

I think something may have been missed in translation but if not another option is to send out via Dee money

https://www.deemoney.com/

[Etaoin Shrdlu]

Western Union is an option. Probably more expensive than transferring from your bank, but I think you can transfer out up to 800,000 baht if you go to one of their locations.

 

https://www.westernunion.com/th/en/send-money.html

[poobear]

This also happened to me the last time we tried to send money from my Bank of Ayudhya  bake to the U.S.A. from Thailand. I always get a letter from the Thai bank showing my incoming wire transfers for the sole purpose of having proof when we wanted to send the money out. Iwas also furious that somehow I am not able to repatriate my own funds to my home country. After some fussing and complaining  they called it a misunderstanding and proceeded to wire transfer about $40,000 dollars back to the states no problem. The whole situation is so incredibly stupid. Bring 800,000 baht into Thailand, deposit in our bank at no interest and then we are going to fight you when you want to send it home. I would keep after the  bank and work your way up the food chain and find someone who can help you. Good Luck

[bignok]

Trying send 80,000 baht 5 times

[Regyai]

Surely do you not know another UK expat who could pay your UK bank and you pay his Thai bank.

 

Strike a deal on the bank fees/rates you would have incurred....win/win all round

[liddelljohn]

4 hours ago, Mike Lister said:

The banks have limits how much you can send each day, ask your bank what the limit is and send just under that amount.

 

Er, presumably you don't mean that you're actually trying to send Baht, presumably you mean you're giving them Baht to exchange into Pounds for sending? You can't export THB above a very low limit, except to two provinces in China.

No the money is sitting in my accounts,    all i want is for them do do a simple international transfer that I set up for them  and the amount i well under daily limits , done it in the past   with no problems

[eisfeld]

What was the reason they gave for refusing the transfer?

[liddelljohn]

They say it never came from abroad ,  which is bull<deleted>  its all on the computer statements when large transfers came into Thailand over the years , its weird  but they did  amalgamate with another bank last year and Im wondering if their systems dont show the foreign transfers from 3 or 4 years ago

 

im going to see them face to face ,, , im not going to use ripoff WU

[sikishrory]

I feel as if Thailand doesn't want people sending their money outside. Kind of like big brother China.

I remember 9 years ago at kasikorn to send money out i had to provide a work permit and fill in a special form.

That was money earnt within Thailand.

So I've always been concerned about those being problematic again one day as i don't always have a work permit anymore and i have a lot more cash here now.

Would be nice to know the official rules for the major banks about this. Really they should all be the same but this is Thailand.

In this above situation i would call support from our the front of the bank and not mention anything about what happened and first ask the rules. When/if it's clear that you should be allowed then explain the issue.

I did this wirh Bangkok Bank when they took a expired debit card as an opportunity to quietly upgrade me to the most expensive useless union pay debit card with insurance and refuse to give me a MasterCard. Then refuse to fix the issue when i went to fix it.

Phone support for the branch on the line while i was on the line and they had to agree to fix everything.

Then i closed my account. I can't accept a bank continuously trying to screw you and being so difficult to deal with. You need to have confidence in your bank at least.

[scubascuba3]

8 hours ago, Regyai said:

Surely do you not know another UK expat who could pay your UK bank and you pay his Thai bank.

 

Strike a deal on the bank fees/rates you would have incurred....win/win all round

yeah they can be trusted 🥺

[FruitPudding]

7 hours ago, liddelljohn said:

They say it never came from abroad ,  which is bull<deleted>  its all on the computer statements when large transfers came into Thailand over the years , its weird  but they did  amalgamate with another bank last year and Im wondering if their systems dont show the foreign transfers from 3 or 4 years ago

 

im going to see them face to face ,, , im not going to use ripoff WU

 

I still don't get their reason. 

 

Even if you earned the money in Thailand,  why couldn't you sent to abroad?

[PJ71]

Just sent £30K from BKK bank to uk bank on Wednesday, no questions at all from BKK staff, plan to sent the same this week coming.

 

I was told 2m and under is ok to send out on each transaction and there would be no questions asked.

[PJ71]

10 hours ago, bignok said:

Trying send 80,000 baht 5 times

You've obviously no idea what you're talking about......again.

[FruitPudding]

11 minutes ago, sikishrory said:

did this wirh Bangkok Bank when they took a expired debit card as an opportunity to quietly upgrade me to the most expensive useless union pay debit card with insurance and refuse to give me a MasterCard. Then refuse to fix the issue when i went to fix it.

 

So, your old one expired and they automatically issued a new one without you requesting it?

 

And a more expensive one with insurance.

 

That's crazy. How can they do that?

 

Did they post you the card or something? How did you get the card?

[Jenkins9039]

Can send anywhere up to 2m THB value in app from SCB/BB Kasikorn etc.

 

Depends on the client.

[Jenkins9039]

1 minute ago, FruitPudding said:

 

So, your old one expired and they automatically issued a new one without you requesting it?

 

And a more expensive one with insurance.

 

That's crazy. How can they do that?

 

Did they post you the card or something? How did you get the card?

I recently changed the card.

 

Actually wanted Unionpay -> its off Western Rails but accepted almost everywhere and the data is in China... not the West so you have some form of privacy, except the Thai side.

 

As for the insurance, also took out the top plan with AIA or something with them in Branch for both accident and long-term, with kids costing 1m THB since last year in hospital costs (during birth with packages - NICO, and post birth with insurances (not covering covid etc), and being here 15 yrs, regardless of wealth its just not worth the chance by not having a top quality private insurance especially after the vaccination - minor-medium heart complications 2 days afterwards and similar but milder just last week (2yrs later).

 

Think they cover me for something like 150m THB long  and 15m for accident total cost about 60k or something, deducted from my Thai credit card or bank.

 

Sleep easy now.

[MRtommyR]

12 hours ago, topt said:

I think something may have been missed in translation but if not another option is to send out via Dee money

https://www.deemoney.com/

+1

Probably get a better exchange rate than your bank, and less hassle

[FruitPudding]

9 minutes ago, Jenkins9039 said:

I recently changed the card.

 

Actually wanted Unionpay -> its off Western Rails but accepted almost everywhere and the data is in China... not the West so you have some form of privacy, except the Thai side.

 

As for the insurance, also took out the top plan with AIA or something with them in Branch for both accident and long-term, with kids costing 1m THB since last year in hospital costs (during birth with packages - NICO, and post birth with insurances (not covering covid etc), and being here 15 yrs, regardless of wealth its just not worth the chance by not having a top quality private insurance especially after the vaccination - minor-medium heart complications 2 days afterwards and similar but milder just last week (2yrs later).

 

Think they cover me for something like 150m THB long  and 15m for accident total cost about 60k or something, deducted from my Thai credit card or bank.

 

Sleep easy now.

 

What's the yearly premium on that?

[PJ71]

15 minutes ago, Jenkins9039 said:

Can send anywhere up to 2m THB value in app from SCB/BB Kasikorn etc.

 

Depends on the client.

to an overseas account?

[FruitPudding]

12 hours ago, liddelljohn said:

Asked my Thai banks to send about 440,000 baht to UK and they have flatly refused me ,, even though i have proof the money came in from abroad many times ,,,???? Im not well and this is making me furious ,, its to help my daughter ,, any ideas ????

 

Only last year i sent money to my brother in uk no problems ??

Other than taking it out in cash changing it to £ and carrying it back on a <deleted> plane what the <deleted> am I supposed to do ????

30 years and its getting barmier here ,, thats why i am slowly cutting my ties and assets here back to Europe , only thing I now enjoy in Thailand is my motorcycles and If I can get them and the rest of my stuff back to EU reasonably i would

__________________

 

It's really just a reminder to keep little of value in Thailand.

 

Don't need to give these f*ckwits any more than necessary. 

 

 

Edited December 9, 2023 by FruitPudding

[PETERTHEEATER]

The Central Bank of Thailand limits the amounts sent offshore by bank transfer to  around the equivalent of GBP 10, 000 per day the actual ThB amount being dependent on the retail bank's buying rate at point of transfer.

A year ago my Thai wife txd the maximum amount daily several times using her bank's online App ( now dropped by the bank in favour of a Mobile app useless to old eyes!) We just filled in the online form. No personal contact with the bank.

 

[jasonsamui55]

I’ve had the same problem many times. Open a BitKub acct online. Do the KYC Online as well. Do a domestic transfer to your Bitkub account. Buy BTC or USDT. Withdraw it to an external wallet and send to your exchange in the EU or UK like KuCoin. Sell to EUR or GBP or whatever you want. If you know crypto, it’s easy. If not, it’s time to learn. It’s fast and easy and no fees and no trips to the bank to kiss some pathetic banker’s ass and pray they let you access your own money. Compare that to 50 trips to the bank and 50 asses to kiss, and 50 sets of fess for the “privilege” of accessing your own money. And since you’re sending to a student, surely they know crypto and can help you or would just be happy to receive the crypto and keep it as it is. 

[bignok]

1 hour ago, PJ71 said:

You've obviously no idea what you're talking about......again.

OK princess

[Mike Lister]

1 hour ago, sikishrory said:

I feel as if Thailand doesn't want people sending their money outside. Kind of like big brother China.

I remember 9 years ago at kasikorn to send money out i had to provide a work permit and fill in a special form.

That was money earnt within Thailand.

So I've always been concerned about those being problematic again one day as i don't always have a work permit anymore and i have a lot more cash here now.

Would be nice to know the official rules for the major banks about this. Really they should all be the same but this is Thailand.

In this above situation i would call support from our the front of the bank and not mention anything about what happened and first ask the rules. When/if it's clear that you should be allowed then explain the issue.

I did this wirh Bangkok Bank when they took a expired debit card as an opportunity to quietly upgrade me to the most expensive useless union pay debit card with insurance and refuse to give me a MasterCard. Then refuse to fix the issue when i went to fix it.

Phone support for the branch on the line while i was on the line and they had to agree to fix everything.

Then i closed my account. I can't accept a bank continuously trying to screw you and being so difficult to deal with. You need to have confidence in your bank at least.

Thai banks are all agents of BOT, BOT sets the policy on funds transfer and forex, banks don't set their own rules on this but often they don't all do or understand things in the same way.

[Jenkins9039]

58 minutes ago, PJ71 said:

to an overseas account?

yeah, why not?

[Sato]

1 hour ago, Jenkins9039 said:

Can send anywhere up to 2m THB value in app from SCB/BB Kasikorn etc.

 

Depends on the client

Did you do it physically ?

I have this option on my Bangkok Bank App too but when tried it I got the error message 'Falang no can do, you stupid you !'

[Jenkins9039]

I can't be asked to do for each bank, here's SCB.