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Posted

I'd like to transfer some money out of Thailand. I'm looking at using using some kind of online banking or funds transfer app.

 

I already have, Revolut, Wise and K+ (Kasikorn Bank) apps. I've only ever used Wise for incoming transfers, thus far.

 

Does anyone have any experience and/or recommendations on which would be better to use?

 

Or is there another different app which people prefer?

 

Posted

I've used deeMoney in the past (but only for about 500,000 baht).

 

I recently transfered a larger amount out of Thailand via Crypto

 

i.e. for example.. (amounts are not true)

5 Million Baht in Bitcoin held on BitKub

Transfered to a ColdWallet 

Transfer from Cold Wallet to Kraken (could be any - binance etc)

Transfer from Kraken to your overseas account

 

You could make the transfer direct from Bitkub to Kraken but I'm not sure about other issues, taxes etc.

 

  • Like 1
Posted

Thailand makes it nearly impossible to transfer money out of Thailand unless you have a work permit. However, Bangkok Bank's app allows international transfers out of Thailand with no questions asked up to about 1 million thb/day.

 

After years of working in Thailand, I wanted to send my savings back to the U.S. I was distraught to find out no banks would do it because my work permit was now canceled. Using the Bangkok Bank app solved the problem. 

Posted
4 hours ago, Martin71 said:

Try DeeMoney... used them a few times with no problems...

When did you use it the last time? I have heard that times have changed.

Posted
12 minutes ago, scoutman360 said:

Thailand makes it nearly impossible to transfer money out of Thailand unless you have a work permit. However, Bangkok Bank's app allows international transfers out of Thailand with no questions asked up to about 1 million thb/day.

 

After years of working in Thailand, I wanted to send my savings back to the U.S. I was distraught to find out no banks would do it because my work permit was now canceled. Using the Bangkok Bank app solved the problem. 

Regulations are not so strict anymore. Several banking apps offer international transfers, I have UOB several times for this purpose.

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