Slow Wise transfers

[ikke1959]

Today I tranferred money by Wise to my account here in Thailand using Wise. I do this for many years already, but I noticed that the last months the money transfers are being with held by Wise.

When you check the rates they mention that the money will arrive in 4 minutes, but when the transfer is made it suddenly change to Wednesday, tomorrow. On  Friday 30 May I transferred money to my account and it could not be paid out for Wednesday 4 June too. The reason was that the banks were closed. Today again I contacted Wise and they told me they need time to process the transfer, but that is rubbish of course, as everything is being digitalized. I know that banks are checking more for money transfers, but Wise don't send the money to bank, they do it tomorrow. I am sure they will hold the money to make extra money out of it, no problem for me but be clear on your website and don't promise it will arrive in 4 minutes. A few months back never had a problem, until these last 3/4 months. Remitly is much quicker although a bit more expensive, but I am going to use Remitly until Wise is not withholding the money anymore. I hope those who have the same problem maybe have other options too, and let Wise feel that we don't accept their policy

[KhunBENQ]

Many threads/posts about problems.

I still don't get the pattern and have no problems since years.

But I also not expected seconds/minutes transfer but next working day 

[Captain Flack]

I have moved this topic into the banking section

[scubascuba3]

Op doesn't even mention Thai bank or amount, what a useless post.

 

I made a Kasikorn transfer yesterday 90k baht, settled in a couple minutes

[Bill97]

11 minutes ago, scubascuba3 said:

Op doesn't even mention Thai bank or amount, what a useless post.

 

I made a Kasikorn transfer yesterday 90k baht, settled in a couple minutes

Well yes and the source of the money sent and currency impact the transfer time too.

 

This Wise game is really getting old.

[ikke1959]

52 minutes ago, scubascuba3 said:

Op doesn't even mention Thai bank or amount, what a useless post.

 

I made a Kasikorn transfer yesterday 90k baht, settled in a couple minutes

I transferred to Bangkokbank 1000 euro is 37k.. nothing special

[CharlieH]

I use UK to Thai, kasikorn, every 4 weeks, last one w days ago, was under minute, often 30 seconds from hitting "send" 

[scubascuba3]

20 minutes ago, ikke1959 said:

I transferred to Bangkokbank 1000 euro is 37k.. nothing special

Bangkok Bank transfers usually settle 2pm next working day