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Posted
On 2/28/2025 at 9:09 PM, Yellowtail said:

Kasikorn always calls me when I receive a swift transfer to confirm the exchange rate is acceptable and to state what the money is to be used for.

 

Swift transfers, in my experience typically take two days.

 

Update your contact info. 

 

Kasikorn won't accept changing my wife's contact information from her defuncted Thai phone number to her US phone number. We can change it to some other Thai phone number, but only if she appears in person at her Kasikorn bank branch. And then we will have the same issue if my wife changes her phone number again. She has to keep her old phone in order to use the Kasikorn App because the account App is associated with the phone's IMEI number, or perhaps it is the phone's EID number.

 

This all wouldn't be a problem if we lived in Thailand, but we don't and she only visits once a year or so.

  • 4 weeks later...
Posted

I was just in Bangkok Bank today, and asked one or two of them who could speak some English about exchange rates, I was told from my GBP foreign account there to my Baht account there they still use TT rate as mentioned in previous post. That's good news because that is far better than their advertised cash exchange rate. TT rate was 43.46 this morning when I checked. Although Wise still beat that on a £40k transfer, with all the cost it came to a 43.73 rate from my calculation, also this morning...! That's just over 10,000 baht difference in a £40k transfer. 

 

But for getting CFT the swift transfer is much better. I read on Wise website that Bkk bank need a lot of documents to verify a Wise transfer as foreign and give certificate for it...! 

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