Can I send the 400,000 baht to my wife's account?

[Lestat777]

Hello everyone,

 

Can I send the 400,000 baht needed for the non o visa to my wife's Thai account from my foreign account and then transfer that into my Thai bank account and have it count as having been deposited from a foreign account? Will showing that her account received the money from a foreign account suffice?

 

Thank you

[Bill97]

Maybe not

[Upnotover]

Why, tax fears?  You are still liable irrespective of where you send it if it constitutes assessable income. 

[DrJack54]

33 minutes ago, Lestat777 said:

Will showing that her account received the money from a foreign account suffice?

No.

In any event why this plan.

Taxation rules? 

Just transfer the 400k to your Thai bank account

[Lestat777]

10 minutes ago, DrJack54 said:

No.

In any event why this plan.

Taxation rules? 

Just transfer the 400k to your Thai bank account

No it's not from tax fear. I just thought it would be easier to access the money to transfer it from the bank I would open the account at.

 

I have fear about being able to transfer the money from my USA account into the Thai bank account. I'm also trying to get the money to Thailand before an unscrupulous debt collector tries to seize the money from my account. They bought up an old debt that doesn't exist anymore and I couldn't attend the court date to challenge it due to a serious brain injury. 

 

What do you need to show immigration? Do you show them a bank statement that shows the transfer arrived from a foreign account?

[terryq]

17 minutes ago, Lestat777 said:

 

What do you need to show immigration? Do you show them a bank statement that shows the transfer arrived from a foreign account?

 

For extension based on retirement - yes

For extension based on  marriage - no.

[Lestat777]

6 minutes ago, terryq said:

 

For extension based on retirement - yes

For extension based on  marriage - no.

It is based on marriage. Thank you. I thought it would be easier to send the money to my wife first so it will already be in Thailand. My bank doesn't have a simple international transfer method.

[Gecko]

what about crypto/stable coins?  Or park it on wise.

[DrJack54]

10 minutes ago, Lestat777 said:

My bank doesn't have a simple international transfer method.

Use WISE. 

[Lestat777]

5 minutes ago, DrJack54 said:

Use WISE. 

Is Wise better to use than MoneyGram?

[Hummin]

4 minutes ago, DrJack54 said:

Use WISE. 

Wise for that amount of money? I figured out when I first got to know wise, if I transferred more than 60k every month, it would be cheaper with bank to bank transfer, and since Im on average 90k a month, it would be alot more expensive than bank to bank to use wise. 

 

So why on earth will transfering with wise be an good idea? I guess he can change bank for free who support hassle free bank to bank transfer and a bank who cooperate with BKK bank or any other branch

[Hummin]

19 minutes ago, Lestat777 said:

It is based on marriage. Thank you. I thought it would be easier to send the money to my wife first so it will already be in Thailand. My bank doesn't have a simple international transfer method.

How come? it is a bank, just need your contact information in thailand and bank account swift code

[Lestat777]

24 minutes ago, Hummin said:

Wise for that amount of money? I figured out when I first got to know wise, if I transferred more than 60k every month, it would be cheaper with bank to bank transfer, and since Im on average 90k a month, it would be alot more expensive than bank to bank to use wise. 

 

So why on earth will transfering with wise be an good idea? I guess he can change bank for free who support hassle free bank to bank transfer and a bank who cooperate with BKK bank or any other branch

This would be for a one time transfer. 

[Lestat777]

21 minutes ago, Hummin said:

How come? it is a bank, just need your contact information in thailand and bank account swift code

I can't find on my bank account online page how to do an international transfer. I'm going to call them tomorrow and ask how to do it. It might be easier to just use wise since it'll only be a one time transfer.

[Hummin]

32 minutes ago, Lestat777 said:

This would be for a one time transfer. 

I would look in to what you actually pay for using wise vs Bank to bank.

[DrJack54]

Just now, Hummin said:

I would look in to what you actually pay for using wise vs Bank to bank.

The options for transferring funds is discussed extensively in "banking , finance .." forum.

MANY folk use WISE.

You can easily compare  various methods on your cell in couple of minutes.

Keep in mind can also depend upon country you are transferring from.

 

Here is one thread USA specific.

For the OP it's not to significant as it's a one time transfer. 

Bank to Bank may be easy option

 

https://aseannow.com/topic/1212742-money-transfer-from-us-to-thailand/

 

[Hummin]

7 minutes ago, DrJack54 said:

The options for transferring funds is discussed extensively in "banking , finance .." forum.

MANY folk use WISE.

You can easily compare  various methods on your cell in couple of minutes.

Keep in mind can also depend upon country you are transferring from.

 

Here is one thread USA specific.

For the OP it's not to significant as it's a one time transfer. 

Bank to Bank may be easy option

 

https://aseannow.com/topic/1212742-money-transfer-from-us-to-thailand/

 

There is the fee you actually pay included the exchange rate that matters. And I found wise ok for smaller amounts, than larger monthly transfers. 

 

So, as you says, other parameters is the bank branches you use, and orign country which I didn't knew made a difference 

Edited 13 minutes ago by Hummin