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65,000 Income problem with Wise

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1 minute ago, treetops said:

 

Did you previously have your account "tagged" by Wise, prior to the introduction of funds for long stay being available as an option?  Just trying to find out why it's worked for you and KannikaP but not for others.

Yes, I believe so,.

I have always checked on the reason for transfer to ensure description is correct. That was easier up to a few months back as the screen showed up automatically. Now, you need to click on the 'reason for transfer' 'change' button on the 'Review details ' screen to check. However, it has always shown Thailand as an automatic reason so I had no need to change. But best to check anyway.

Would be interesting if, for those not successful, whether they had ticked the 'Thailand' option in the 'Reason for transfer' section. If so, but still not successful, maybe the earlier tagging has assisted but the current method set up by Wise is not working for the late comers. Wise may need to be chased by those affected.

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  • Check the code on your official statement it will show X888994 or MCL 1010### this shows bank using A P I system for internal transfer of funds from overseas.   SCB have shown this for the last few ye

  • You go to your bank and get a credit advice showing the true source of the funds as international.  Not a huge deal.

  • Looks like you maybe made it in just before the change and the OP just missed it.   International Transfer on the website or app is the same as FTT in the passbook.

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4 minutes ago, KannikaP said:

That was very unusual to set up at 8am and receive it same day.

I did a couple of smaller transfers last month which arrived instantly.

Normally, for me, any transfers set up for BBL prior to around 9am will arrive around 2pm provided it is a bank working day. These are immigration related transfers which need to be shown as International FTT transfers.

 

1 minute ago, PPGuy said:

Normally, for me, any transfers set up for BBL prior to around 9am will arrive around 2pm provided it is a bank working day. These are immigration related transfers which need to be shown as International FTT transfers.

 

Actually it is not that important when the money for IO arrives, as long as it is in that particular month.

8 minutes ago, PPGuy said:

Yes, I believe so,

 

Thanks.  Now same request for you as I asked KannikaP before.

 

If you have the time and inclination can you do a dummy transaction and see what it says on this page?  Is it the just after 2:00pm tomorrow or immediate?

 

Capture.JPG.8477649713c784452d9ac0bc842e0e75.JPG

25 minutes ago, KannikaP said:

That was very unusual to set up at 8am and receive it same day.

I did a couple of smaller transfers last month which arrived instantly.

 I have 98% arrive the same day if the money is tranferred from Wise before 1000. I aways pay between 0600 and 0700. I do 2 per month. All arrive at 1401 to 1405. I tagged mine with Wise a few years ago. I will be doing another one on Thursday. I hope it works out.

To avoid all these recurring hassles and problems with bureaucracy in Thailand, for those who can, consider shifting to other countries in Asia that are more visa and foreigner friendly. 

 

Or better, consider places like Malta, Spain or Portugal where the cost of living is not all that high despite what opinion may claim. 

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21 hours ago, KannikaP said:

That was very unusual to set up at 8am and receive it same day.

I did a couple of smaller transfers last month which arrived instantly.

Yes , normally for me exactly the same as you described,  but this time its all gone wrong.

26 minutes ago, Brick Top said:

Yes , normally for me exactly the same as you described,  but this time its all gone wrong.

You simply need to go ask for Credit Advice from whichever bank it went to from Wise. Several years ago ONE of mine went to Kasikorn, sorted no problem, and OKed by IO.

What does the statement from WISE say, usually bottom of second page, mine always says Bkk Bank.

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4 minutes ago, KannikaP said:

You simply need to go ask for Credit Advice from whichever bank it went to from Wise. Several years ago ONE of mine went to Kasikorn, sorted no problem, and OKed by IO.

What does the statement from WISE say, usually bottom of second page, mine always says Bkk Bank.

Normally Bangkok Bank,  this time Kasikorn , I went to Kasikorn bank yesterday and the lady told me,  you don't have an account here so I can't help , she told me to go talk with BB , which i had just cone from , so I am giving up 

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6 minutes ago, KannikaP said:

Wise need a bo11oCking then.

According to Wise , they sent it has Long Term Stay In Thailand, as normal,  now I don't know who has made the mistake Wise , BB or KB

Wonderful

I was at the branch today. Absolutely not understood the problem. Fuel wasted.

Now sent message through the website iBanking.

Nice feature: you can not use any punctuation, brackets, quotation, ...

only plain A to Z and spaces. What moron invents such BS!

 

After reading the above I have little hope that they will help.

For this years extension I am depending on the mercy of immigration or use a fallback that I don't like.

How to continue for next year?

I have a Kasikorn account. Use that and hope for no more WISE surprise?

Finish with WISE and Bangkok Bank?

Clueless.

 

Bangkok Bank internet banking is creepily slow, seems months end/beginning is too much for their dinosaur IT?

22 hours ago, treetops said:

 

Thanks.  Now same request for you as I asked KannikaP before.

 

If you have the time and inclination can you do a dummy transaction and see what it says on this page?  Is it the just after 2:00pm tomorrow or immediate?

 

Capture.JPG.8477649713c784452d9ac0bc842e0e75.JPG

Just seen your post.

Have set up a similar transfer to BBL and info is:

Sending: Now

Should arrive: in 6 hours

Repeats: Never

Reason: Thailand long term stay

Set up at 15.37

So, not aligned with arriving at 14.01.

(Note, another dummy set up at 15.50, with same results)

 

I do recall that when i set up my actual transfer on 01Sep (at around 08.00) the sending info had:

Sending: in 2 hours

Should arrive: in 6 hours

So that did align with an expected arrival of 14.00, as did happen and noted as 'International transfer' on the BBL app. But have yet to update my bank book to show, what should be, the FTT notation. 

 

So, totally confusing but will see what happens next month as I only use BBL for the 65k transfer, other transfers I use SCB, which has had mismatching issues recently. So will see if that continues, or not. 

30 minutes ago, PPGuy said:

But have yet to update my bank book to show, what should be,

Have you not got on-line banking on your PC? Or on the mobile app, click the three dots at top right and there is the option to Request account statement, sent to your email address. It is the same as the bank gives you, but not acceptable by IO as it is not stamped. But it should show International Transfer.

On 8/31/2025 at 8:29 AM, ripstanley said:

I did a tranfer on 28/08 it was for a small amount and it arrived at 1402 showing International Transfer. Not FTT. I set up the transfer the same day around 0600. 

FTT is the code which goes in your Bank Book, International Transfer shows on On-Line banking and printed statements.

5 hours ago, Brick Top said:

Purpose : Tourist Expenses 

That is not tge reason I put for the transfer at all , in put " For Long Term Stay In Thailand "

Immigration aren't bothered about the 'reason' for the transfer, just the overseas transfer amount, so don't worry about that.

 

The reason this has happened is that Wise have paid it from their Kasikorn partner account rather than their Bangkok partner account.

Bangkok Bank, have issued you a credit advice receipt, which shows the sending bank as Kasikorn quoting their International SWIFT code KASITHBKXXX and their transaction reference number.

 

I had this same issue a few years ago for a disabled expat that I assisted with his extension applications.
Bangkok Bank could only issue a credit advice receipt as in your case, but advised us to contact the receiving bank Kasikorn for further proof.

When I contacted Kasikorns helpline and outlined the issue, they advised they could issue a 'Foreign Exchange Transfer form' which fully detailed the origin and transfer details, however these could only be obtained from branches that had a 'business' centre.

We resided in Roi Et and the nearest Kasikorn branch with a business centre was in Korat ...... a 3 hour drive away.

 

If you contact Kasikorn helpline, they will advise on how to receive a 'Foreign Exchange Transfer form'.

 

Our get around, was to print off the Wise transfer receipt, which details the origin, the currency, exchange rate, banks etc and this was accepted by Immigration.
A Wise transfer receipt is as detailed as any credit advice receipt or Foreign Exchange Transfer form as evidence of an International transfer.

 

Whilst Wise will make every effort to use the preferred same banking partner as your bank when you tag it using the reason as 'Funds for long term stay', they cannot guarantee it. Their priority is to conclude the transaction as soon as possible via any channel available to them at that time.
Been there, done it, got the T-shirt.

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@Brick Top

Just discovered the Foreign Exchange Transfer forms were discontinued.
You now request a 'Confirmation letter of International Fund Transfer.

 

Your transfer was sent to Kasikorn, who then forwarded it to Bangkok Bank.

 

Quote

Transfers sent to Kasikorn Bank

If the transfer was sent to Kasikorn Bank, the recipient needs to visit their nearest Kasikorn Bank International Trade Centre. They’ll need to bring:

  • Their Bank Savings Passbook or a statement showing the transaction

  • Their passport

  • Their visa (if applicable)

Note that Kasikorn Bank may charge an administration fee.

Customers and their recipients can request for a Confirmation Letter of International Fund Transfer at a Kasikorn Bank International Trade Centre. However, this may not be available at every branch. You can find the list of Kasikorn Bank International Trade Centres here.

https://wise.com/help/articles/2932335/guide-to-thb-transfers

On 9/1/2025 at 4:43 PM, KannikaP said:

I had my account tagged to always go to Bkk Bank when I first started using it quite a few years ago. 

 

Same here, long before Wise introduced the "Funds for long term stay in Thailand" reason to supposedly achieve the same end.

 

3 hours ago, Liquorice said:

Whilst Wise will make every effort to use the preferred same banking partner as your bank when you tag it using the reason as 'Funds for long term stay', they cannot guarantee it. Their priority is to conclude the transaction as soon as possible via any channel available to them at that time.

 

Even when used in tandem with each other, specific tagging plus "Funds for long term stay in Thailand" provides no 100% guarantee of an International Transfer/FTT coding either.

 

Up until a couple of years or so ago, the perceived wisdom on here was that 800k in the bank was generally considered to be preferable to 65k monthly income for retirement extensions. But, since then, the trend has seemingly been in the opposite direction, with a number of retirees indicating that they were intending to switch away from 800k in the bank to 65k per month. I seriously wonder whether this thread might cause those for whom such a change is still in the planning stages at least to have a rethink.

 

9 hours ago, Brick Top said:

According to Wise , they sent it has Long Term Stay In Thailand, as normal,  now I don't know who has made the mistake Wise , BB or KB

 

As I said up thread, I think that Wise are the prime culprits and "being economical with the truth" here - although, admittedly, I didn't use those exact words!

 

9 hours ago, KhunBENQ said:

For this years extension I am depending on the mercy of immigration or use a fallback that I don't like.

 

Could you not obtain an income confirmation letter from the German Embassy? Or is this the fallback option that you don't like for some reason or other?

 

4 hours ago, OJAS said:

 

Could you not obtain an income confirmation letter from the German Embassy? Or is this the fallback option that you don't like for some reason or other?

 

Yes 😊

Already wrote email yesterday to Pattaya.

Did you look at the transfer statement from Wise, page 2, as to where THEY sent the money?

7 hours ago, OJAS said:

 

Same here, long before Wise introduced the "Funds for long term stay in Thailand" reason to supposedly achieve the same end.

 

 

Even when used in tandem with each other, specific tagging plus "Funds for long term stay in Thailand" provides no 100% guarantee of an International Transfer/FTT coding either.

 

Up until a couple of years or so ago, the perceived wisdom on here was that 800k in the bank was generally considered to be preferable to 65k monthly income for retirement extensions. But, since then, the trend has seemingly been in the opposite direction, with a number of retirees indicating that they were intending to switch away from 800k in the bank to 65k per month. I seriously wonder whether this thread might cause those for whom such a change is still in the planning stages at least to have a rethink.

 

There is a third way.....the Combination Method, which SHOULD be accepted by all IOs.

In my case I have 420k in the bank, untouched, and send 35k every month via Wise to my own Bkk Bank account. As long as it totals over 800k, it should be accepted. I have used it for years in Phitsanulok.

59 minutes ago, KannikaP said:

Did you look at the transfer statement from Wise, page 2, as to where THEY sent the money?

If you're referring to the OP, I think he did:

On 8/31/2025 at 10:33 PM, Brick Top said:

 

Screenshot_20250831_222731_Chrome.jpg

 

2 hours ago, KhunBENQ said:

Yes 😊

Already wrote email yesterday to Pattaya.

 

I'm sure that there are plenty of us Americans, Aussies, Brits, Canadians and Norwegians who wish that we, too, had the option of an embassy income service to fall back on to, in the light of this thread!

 

10 minutes ago, OJAS said:

If you're referring to the OP, I think he did:

 

Is this the OPs Wise statement? It shows the money went to Kasikorn.

On 9/1/2025 at 3:55 PM, treetops said:

Can add Transglo (SGP) to that list.  They've been using them for several months now.

 

In which case Wise now need IMHO to spell out as a matter or urgency how one goes about obtaining a credit advice note from them, as they've already done in the case of Kasikorn (plus Bangkok Bank and, mysteriously, SCB who've never been an agent bank of theirs to the best of my knowledge):

 

https://wise.com/help/articles/2932335/guide-to-thb-transfers

 

1 hour ago, OJAS said:

 

I'm sure that there are plenty of us Americans, Aussies, Brits, Canadians and Norwegians who wish that we, too, had the option of an embassy income service to fall back on to, in the light of this thread!

 

It is much easier, for me, to go via the WISE route, with whom I have never had any problem, than when getting all that paperwork etc from the British Authorities.

1 hour ago, KannikaP said:

Is this the OPs Wise statement? It shows the money went to Kasikorn.

Looks like it to me.

 

1 hour ago, KannikaP said:

Is this the OPs Wise statement? It shows the money went to Kasikorn.

And therin lies the problem.
It was paid out by Wise Kasikorn account and forwarded to the OP's Bangkok bank account.

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