NoDisplayName Posted March 15 Share Posted March 15 I sent $2K from my credit union to wise yesterday, was taking an inordinately long time for the email notification. Normally receive an email from Wise at around 6 PM. Checked a few times this evening, at 10 PM still no email, so logged on and had a notification that transfer was suspended pending action. A simple thing really, just needed to answer a few questions regarding annual income and estimated total to be sent via Wise this year. An email notification would have been a nice touch. Answered the short questionnaire and funds were immediately released. I sent $1500 to my personal savings at Bangkok Bank, listed as "funds for long term stay." This will be paid out Monday at 10 AM, funds available at 2 PM. It should be coded as a foreign transfer. I sent $500 to my wife's personal account at Bangkok Bank, listed as "monthly expenses." This was deposited in her account within 15 seconds, coded as a domestic interbank transfer. Not sure if the difference in deposit schedule is due to the amount or the coding, or a combination of the two. I've already got my 800K sitting in a fixed account, so don't really need the FTT codings. Thought I might as well do all my monthly transfers to the wife's account. In the foreigner tax thread, Dr. Lister explains that we can gift 1 million baht to our wives with no tax consequences. Since we don't know how the new tax procedures will work, I want to legally reduce the amount of money I import. Just in case. 1 Link to comment Share on other sites More sharing options...
flyingtlger Posted March 15 Share Posted March 15 1 hour ago, NoDisplayName said: Not sure if the difference in deposit schedule is due to the amount or the coding Both.... Link to comment Share on other sites More sharing options...
scubascuba3 Posted March 16 Share Posted March 16 11 hours ago, NoDisplayName said: Not sure if the difference in deposit schedule is due to the amount or the coding, or a combination of the two. If you select "long term stay" or "buying a property" it will take longer as it's a manual process which settles around 2pm the next day. If you sent to yourself and used general living expenses it should settle much quicker Link to comment Share on other sites More sharing options...
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