Wise Transfers Successful

[PREM-R]

There have been a number of issues reported regarding the time taken to complete Wise transfers to Thailand.

Last Friday I transfered 5,000 baht directly from my UK Wise account to Krung Thai bank, it took 9 seconds to complete. 

 

Today, Monday, I transfered 4,000 baht to the same Krung Rhai account, again complete in 9 seconds. I also transfered 18,500 baht to a Krung Sri  (yellow) Bank account which akso conpleted in 9 seconds.

 

Having read of so many problems regardibg Wise transfers to Thailand recently, I am happy to report this excellent service from  Wise 

The bank holiday did not affect the deposit of my transfers in the two Thai accounts.

 

[Gottfrid]

Great to hear. Never had any problems with any Wise transfer.

[Lemsta69]

You know that they don't actually transfer the Thai baht from the UK to Thailand, right? The funds are transferred from their local Thai partner bank using the Thai instant transfer system. So Wise aren't actually doing very much at all except running script via an API. 

 

So if your transaction is simple, eg. sending chump change instead of hundreds of thousands of baht, and their "float" at their partner bank(s) is sufficient then you should expect no issues because it is all automated.

[scubascuba3]

55 minutes ago, Lemsta69 said:

You know that they don't actually transfer the Thai baht from the UK to Thailand, right? The funds are transferred from their local Thai partner bank using the Thai instant transfer system. So Wise aren't actually doing very much at all except running script via an API. 

 

So if your transaction is simple, eg. sending chump change instead of hundreds of thousands of baht, and their "float" at their partner bank(s) is sufficient then you should expect no issues because it is all automated.

But I've read a few reports of issues with small transfers, few thousand

[Upnotover]

Also made 2 transfers in the last week from Wise UK to Kasikorn. 20,000 each time. First took 3 hours, second 7 seconds. The problems seem unpredictable but perhaps more frequent if a US bank is involved and/or destination is Bangkok bank.

[dayo202]

I made a transfer of 20k today, and it arrived in my Thai account yesterday !!! 😊 🤞 🍀 🤣 

[Stocky]

Money I've moved the last few days have all been instantaneous, but I note the banking partner is Kasikorn Bank once again not Tranglo. Whilst I've not had any problems with transfers via Tranglo they're usually flagged as expected to take 18 minutes and they do take several minutes (not that I'm complaining), whilst Kasikorn is flagged as transfer "in seconds" and it is.