WISE large transfers, any recent problems?

[NanLaew]

21 minutes ago, scubascuba3 said:

Yes the 2pm next day is standard, but I'm not sure if reason for transfer is important anymore, what do you specify?

 

To be honest, when transfers were instantaneous, it didn't matter if I called it personal expenses or the supporting family (or whatever the precise wording is). For the more recent next-day transfers, I just leave it on personal expenses as I doubt it has any impact on how it's handled, either by Wise, or whatever corresponding Thai bank they work with. It never made any difference to what the all-important coding was after deposit here in Thailand.

[NoDisplayName]

Learned more interesting things today.

 

My credit union not only limits ACH transfers to $5,000/day, but also limits to maximum $15,000 over 5 business days.

 

Smells like freedom.

[scubascuba3]

10 hours ago, NanLaew said:

 

To be honest, when transfers were instantaneous, it didn't matter if I called it personal expenses or the supporting family (or whatever the precise wording is). For the more recent next-day transfers, I just leave it on personal expenses as I doubt it has any impact on how it's handled, either by Wise, or whatever corresponding Thai bank they work with. It never made any difference to what the all-important coding was after deposit here in Thailand.

The reason for transfer was important for Bangkok Bank, if selected long term stay or buying a property it would be shown as international 2pm settlement next day, other reasons not shown as international and usually instant

[NanLaew]

2 minutes ago, scubascuba3 said:

The reason for transfer was important for Bangkok Bank, if selected long term stay or buying a property it would be shown as international 2pm settlement next day, other reasons not shown as international and usually instant

 

Good to know. In retrospect, I was an infrequent user of Wise, so I didn't bother to work out why the transfer times varied and I never needed funds immediately. I did get more involved when a couple of SWIFT transfers unexpectedly took longer than usual earlier this year; one to my account and the other to my wife's, also with Bangkok Bank. I never did find out why either.

 

Moot point anyway since nowadays, and as far as Bangkok Bank and Wise are concerned, the instantaneous deposit is no longer an option.

[JimGant]

My last two transfers -- in May and June -- were for $25000 each. And both took seven days. Both to Bangkok Bank; ACH "pull" from USAA checking acct. 

 

Just did a couple dummy runs with Wise, and seven days is still the advertised timing -- at least for amounts above $2300 (two days for lesser amts). Can't send more than $50000 with ACH (Maybe with a "push." By I'm not set up that way). 

[billd766]

17 hours ago, Stocky said:

The other variable is the partner bank used. I've found, checking the transaction receipt, that the ones that have been delayed 20 minutes, 2 or 3 hours, all say Tranglo as partner bank, the 'instantaneous' transfers show Kasikorn as partner. 

Does the time lag of seconds, minutes, hours or even the next working day really matter?

[hotandsticky]

3 minutes ago, billd766 said:

Does the time lag of seconds, minutes, hours or even the next working day really matter?

 

True..................some of us remember 3-5 days via the UK banking system.

[Stocky]

11 minutes ago, billd766 said:

Does the time lag of seconds, minutes, hours or even the next working day really matter?

Of course it doesn't!  I was just curious to understand the recent changes.

 

I'm old enough to remember needing to go to the bank fill out forms in triplicate to send money overseas, pay through the nose for the privilege and the recipient waiting a week for the money to arrive.

[NoDisplayName]

Wife and I opened KBank accounts a couple weeks ago.

 

Just added her account with Wise as a trusted account, only took a couple minutes.

 

Then sent a $100 test transfer using "Send Money to Family" as purpose, received in her KBank account in 6 seconds, deposit shown in her KBank phone app.

[TroubleandGrumpy]

19 hours ago, Stocky said:

The other variable is the partner bank used. I've found, checking the transaction receipt, that the ones that have been delayed 20 minutes, 2 or 3 hours, all say Tranglo as partner bank, the 'instantaneous' transfers show Kasikorn as partner. 

Interesting. I think that is an additional factor to the possible reasons for delays.

 

Years ago I worked for a 'telecoms aggregator' and we sold telecommunications systems and networks. We did not have any national or international services ourselves (not a carrier), but we leased 'big pipes' from all the big players. What we did was use on whatever day and time, the carrier services who were offering the best deals on that day at that time.  All the BS about resilience and backup was sort of true, but the real reasons was because we could get a better profit.

 

I think Wise are doing that - using whatever transfer system is the cheapest to send money to whatever bank in whatever country.    That might be the case in many places - but here in Thailand I think the problem is more Bangkok Bank. And with all their recent BS about bank letters and all their other new rules targeting fraud, I am looking into swapping over to Krungsri for all our main banking activity. 

 

[RAZZELL]

8 hours ago, scubascuba3 said:

The reason for transfer was important for Bangkok Bank, if selected long term stay or buying a property it would be shown as international 2pm settlement next day, other reasons not shown as international and usually instant

 

Agree with you about Wise.

 

"Long term stay" always took a day or so.

 

"General Expenses" almost instantaneous.

 

The reason I and other people used "Long term stay" is because it showed up on their system as an International Transfer - so you could use it to show Immigration if retired and using the "monthly" method of funds for extensions. 

 

Lately my UK to Bkk Bank transfers take over a day with Wise...sometimes 20 mins with Remitly but more often than not there is an issue. Bangkok Bank is the problem - I believe they have started using a new intermediary (according to the support bods at Remitly)

[scubascuba3]

31 minutes ago, RAZZELL said:

 

Agree with you about Wise.

 

"Long term stay" always took a day or so.

 

"General Expenses" almost instantaneous.

 

The reason I and other people used "Long term stay" is because it showed up on their system as an International Transfer - so you could use it to show Immigration if retired and using the "monthly" method of funds for extensions. 

 

Lately my UK to Bkk Bank transfers take over a day with Wise...sometimes 20 mins with Remitly but more often than not there is an issue. Bangkok Bank is the problem - I believe they have started using a new intermediary (according to the support bods at Remitly)

I always use Kasikorn, for years settles in seconds or minutes, I don't bother using my Bangkok Bank or Krungsri

[NoDisplayName]

On 7/10/2025 at 12:02 AM, NoDisplayName said:

Learned more interesting things today.

 

My credit union not only limits ACH transfers to $5,000/day, but also limits to maximum $15,000 over 5 business days.

 

Smells like freedom.

 

Learned something even MORE interesting today.

 

Along with a PUSH from my credit union sending $5,000 to Wise, I added a PULL from Schwab moving an additional $5,000 from the credit union.

 

Both transactions cleared on the same day, so it appears the ACH limitation applies only to transfers initiated on the credit union online site or cellphone applications.

 

[sidneybear]

On 7/9/2025 at 5:48 PM, NanLaew said:

 

Since mid/late May, transfers from Wise to my Bangkok Bank post as 'International Transfer" and arrive around 2 PM the following day, regardless of the time the transfer was initiated. Never the same day.

 

Prior to that, they posted to my Bangkok Bank account as "Transfer from A/c at Other Bank" and arrived almost instantaneously.

 

Go figure.

Maybe the Revenue Department insists that international remittances are correctly marked, for personal income tax assessment reasons.

[NanLaew]

3 minutes ago, sidneybear said:

Maybe the Revenue Department insists that international remittances are correctly marked, for personal income tax assessment reasons.

 

It is possible the RD has their oar in the water, and despite backpedalling and/or mooted changes to what they started this year, and their oar apparently dead in the water, it still can't be ruled out.

[JimGant]

28 minutes ago, sidneybear said:

Maybe the Revenue Department insists that international remittances are correctly marked, for personal income tax assessment reasons

The current choices wouldn't give them a clue. You'd need three new categories: Non Income; Assessable Income: Non Assessable income. And, do you think they really have the resources to bounce your selections against a tax filing -- or a no filing?

[sidneybear]

52 minutes ago, JimGant said:

The current choices wouldn't give them a clue. You'd need three new categories: Non Income; Assessable Income: Non Assessable income. And, do you think they really have the resources to bounce your selections against a tax filing -- or a no filing?

They will have the resources. In many countries data matching remittances with tax returns is done automatically. The onus will be on the taxpayer (you) to show them where the money comes from. 

[TroubleandGrumpy]

UPDATE.  I did some new transfers today and the 'Wise delays' are all on Bangkok Bank - irrespective of the amount.

 

When I entered the transactions for 10K AUD each, I input the BB accounts as receivers. Before the final step, the Wise system said amounts 'will be received on Monday 14th".  I then cancelled them both before sending.  I then started two separate transactions later 10K to our Krungsri accounts, and the Wise system said that both transfers would be received 'immediately'.  The transactions to me were selected as 'for long term stay in country' and for the wife they were both 'sending money to family' - so that was not the issue.  Bangkok Bank take 3 days (weekend) and Krungsri is done instantly.  Says it all.  It is not Wise - it is the bank.  Once my annual renewal is done we will be switching over to Krungsri - as long as their new Biz Online banking service is free. 

[JimGant]

4 hours ago, sidneybear said:

In many countries data matching remittances with tax returns is done automatically.

99% of the world's nations don't base taxation on REMITTANCES; they base it on worldwide income -- irrespective of whether or not said income is remitted. Where are you coming from?

[sidneybear]

2 hours ago, JimGant said:

99% of the world's nations don't base taxation on REMITTANCES; they base it on worldwide income -- irrespective of whether or not said income is remitted. Where are you coming from?

I got pinged by the Australian Taxation Office once. They sent me a list of each and every remittance I'd made into Australia. Then they asked me to show them where the money had come from, and whether it was derived from savings or foreign income. I had to prove I was non resident, which wasn't that easy.

 

This was over ten years ago, and data matching technology always improves, so don't take it for granted that your security is because of your obscurity. 

[OJAS]

On 7/11/2025 at 12:23 PM, sidneybear said:

Maybe the Revenue Department insists that international remittances are correctly marked, for personal income tax assessment reasons.

Equally likely, I would have thought, is the possibility that their pals in the Immigration Bureau are so insistent for annual extension of stay reasons in the case of those using the 40k (marriage) or 65k (retirement) monthly income method.

[DaveBart]

What used to take seconds to receive my money now takes 2 days,that's from HSBC England to Bangkok bank Thailand 

[madone]

Just now, DaveBart said:

What used to take seconds to receive my money now takes 2 days,that's from HSBC England to Bangkok bank Thailand 

Not sure why people keep posting this over and over.

As of the last couple months Bangkok Bank processes transfers pre 10 am by 2:15pm (ish) the same day.

After 10am you wait until 2pm the following day. 

[madone]

On 7/11/2025 at 5:43 PM, TroubleandGrumpy said:

UPDATE.  I did some new transfers today and the 'Wise delays' are all on Bangkok Bank - irrespective of the amount.

 

When I entered the transactions for 10K AUD each, I input the BB accounts as receivers. Before the final step, the Wise system said amounts 'will be received on Monday 14th".  I then cancelled them both before sending.  I then started two separate transactions later 10K to our Krungsri accounts, and the Wise system said that both transfers would be received 'immediately'.  The transactions to me were selected as 'for long term stay in country' and for the wife they were both 'sending money to family' - so that was not the issue.  Bangkok Bank take 3 days (weekend) and Krungsri is done instantly.  Says it all.  It is not Wise - it is the bank.  Once my annual renewal is done we will be switching over to Krungsri - as long as their new Biz Online banking service is free. 

They are not delays, they are the new Bangkok Bank reality. 

[NoDisplayName]

Wise has been fine (for me) up until now.

 

I set up the link to Kbank last week, sent $100 to confirm, arrived in 6 seconds.

 

Now sending $15k, and there's a technical issue.............

 

 

[olongapo]

On 7/8/2025 at 1:13 AM, NoDisplayName said:

I'd like to send the maximum amount to Bangkok Bank, 2 million baht (approximately US$60,000) for property purchase.

 

Has anyone had any recent problems transferring large sums?  Never had a problem in the past 4-5 years, but most transfers have been US$1000-5000.

Well they banned me for sending several amounts a lot lower then that, with no explanation and no appeal allowed!

[crazykopite]

None last transfer into my K bank took less than 3 minutes from UK Stirling to Thai baht but if you send money to say the Philippines it can take a day or two

[NoDisplayName]

3 hours ago, NoDisplayName said:

Wise has been fine (for me) up until now.

 

I set up the link to Kbank last week, sent $100 to confirm, arrived in 6 seconds.

 

Now sending $15k, and there's a technical issue.............

 

 

 

Transaction to Kbank was delayed due to "technical issue."

We cancelled, money refunded into balance next day.

Set up new transaction to Bkk Bank.

I'll have to use Bkk Bank online/app to transfer to Kbank.

[Soondae]

On 7/7/2025 at 10:13 AM, NoDisplayName said:

I'd like to send the maximum amount to Bangkok Bank, 2 million baht (approximately US$60,000) for property purchase.

 

Has anyone had any recent problems transferring large sums?  Never had a problem in the past 4-5 years, but most transfers have been US$1000-5000.

For a sum that large you would be better off sending the money via SWIFT transfer. Do the math; wise fees on that sum will be higher than the swift transfer fee and Swift is garunteed to appear as FET transaction.

[NoDisplayName]

23 minutes ago, Soondae said:

For a sum that large you would be better off sending the money via SWIFT transfer. Do the math; wise fees on that sum will be higher than the swift transfer fee and Swift is garunteed to appear as FET transaction.

 

Did the maffs.  Wise will make up thousands morebaht on the exchange rate than the fees, if forex done at same time.  SWIFT could be better if exchange rate moves in my favor over the 1-2 days I have to wait for it to reach the bank.  Or could be worse depending on tomorrow's tariff tantrum.

 

No need for FTT coding in this case.  That would only slow the transfer.

 

But now we know there are live humans working at Wise and available to assist.  Wise website offered help with transaction by email, chat, or phone.

 

Logged onto chat, had a live agent within a few minutes.  When selecting to have them call my registered phone number, they called within 30 seconds.