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Wise - charging for transferring money to other people and businesses

Featured Replies

If you have THB balance they charge to transfer to others, is this a new thing or always done it?

4 hours ago, scubascuba3 said:

If you have THB balance they charge to transfer to others, is this a new thing or always done it?

Your question doesn’t have enough information to know if I, or others, know the answer 

  • Author
8 hours ago, sometimewoodworker said:

Your question doesn’t have enough information to know if I, or others, know the answer 

If someone transferred baht to other people they'd probably know the answer

13 hours ago, scubascuba3 said:

If you have THB balance they charge to transfer to others, is this a new thing or always done it?


You're transferring to somebody else who also has a Wise account or your transferring Thai Baht to somebody's bank account in Thailand?

 

If it's to a bank account, there has always been a charge. I think it used to be around 32 Baht and now it's around 46 Baht per transfer. It's a flat fee.  

  • Author
27 minutes ago, RSD1 said:


You're transferring to somebody else who also has a Wise account or your transferring Thai Baht to somebody's bank account in Thailand?

 

If it's to a bank account, there has always been a charge. I think it used to be around 32 Baht and now it's around 46 Baht per transfer. It's a flat fee.  

Transfer to a bank account, strange though, free for me to use Wise card or transfer to me, charge for transfer to someone else. Yes i think the charge was 44+ baht for a small transfer

 

22 minutes ago, scubascuba3 said:

Transfer to a bank account


That's always had a charge. Never was free for me since I've been using Wise. That's over 5 years already. The roughly 10 Baht increase in the flat fee though took place sometime within the last six months I think. Before that, it was 32 Baht for years.

 

But you can always do SEPA transfers in Euros for free. 

I transfer GB £ from my Wise account to my daughter in Australia in GB£ to her Wise account for free. But if you tranfer to anyone's bank you will get charged but always a lower charge rate than any other money transfer company.

It may well be that Wise is passing on a charge from the receiving bank. 

59.25B for my last transfer of 40.000B to repay a loan to a friend into a BKK bank using Revolut.

  • Author
31 minutes ago, Drumbuie said:

It may well be that Wise is passing on a charge from the receiving bank. 

i doubt it as no charge if you pay yourself 

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