Checked my account (US) and made a transfer. Don't see any notification like this one. Guess we'll see what shakes in May.

In all honesty apart from the OP link I don't see many people reporting they have directly received anything. Can't even find that page on the Wise website by searching for it directly. Plus I'll repeat what I posted earlier, my account is a total Thai based one, address is here and it was opened here, no notification for me either.

Currently I have 2 UK pensions paid into my Wise GBP balance and then I send money to my Thai bank account when it suits me. I have just been chatting to Wise support via the Wise app. They said that after 19 may 2026, these GBP pension payments would not be added to the GBP balance, but would be automatically be converted to THB and held in a Wise THB balance. A fee would be charged for receipt/conversion. Then if I wanted to send money from my THB balance to my Thai bank account, that would also have an associated fee. According to the Wise person I was talking to: This is happening to me because I opened my Wise account using a Thai address. I don't have PR or Thai citizenship. The Wise person who I was talking to said that if I had opened my Wise account using a UK address then the new changes would not apply to me in the above situation. I have received nothing officially from Wise informing me of the new changes.

1 hour ago, Mutt Daeng said:

Currently I have 2 UK pensions paid into my Wise GBP balance and then I send money to my Thai bank account when it suits me. I have just been chatting to Wise support via the Wise app. They said that after 19 may 2026, these GBP pension payments would not be added to the GBP balance, but would be automatically be converted to THB and held in a Wise THB balance. A fee would be charged for receipt/conversion. Then if I wanted to send money from my THB balance to my Thai bank account, that would also have an associated fee. According to the Wise person I was talking to: This is happening to me because I opened my Wise account using a Thai address. I don't have PR or Thai citizenship. The Wise person who I was talking to said that if I had opened my Wise account using a UK address then the new changes would not apply to me in the above situation. I have received nothing officially from Wise informing me of the new changes.

If this is how it actually turns out then having a Wise account is no longer fit for purpose for expats registered using a Thai address. If you can't choose when to exchange and then there's an additional charge to send to your Thai bank, we might as well just send the money directly to our Thai bank in the first place. One transfer, one fee. Account closed.

28 minutes ago, Conno said:

If this is how it actually turns out then having a Wise account is no longer fit for purpose for expats registered using a Thai address. If you can't choose when to exchange and then there's an additional charge to send to your Thai bank, we might as well just send the money directly to our Thai bank in the first place. One transfer, one fee. Account closed.

Yes, that's the same conclusion I arrived at.

2 hours ago, Conno said:

If this is how it actually turns out then having a Wise account is no longer fit for purpose for expats registered using a Thai address. If you can't choose when to exchange and then there's an additional charge to send to your Thai bank, we might as well just send the money directly to our Thai bank in the first place. One transfer, one fee. Account closed.

The BOT is forcing Wise to make these changes. They either comply with the BOT demands. Or discontinue operations in Thailand. It's that simple.

Yes. It's bad news for expats. But before you dump Wise. You should compare the new Wise fees with your bank. I use Chase bank in the US. If I transfer directly from Chase to BBL in CM. Or transfer through the BBL branch in NYC. Wise is still less expensive after May 19. The conversion rate markup that Chase does is ridiculous.

As far as timing of the conversion from USD to BHT. I will do that by transferring to Wise when I like the exchange rate.

2 hours ago, Conno said:

If you can't choose when to exchange and then there's an additional charge to send to your Thai bank, we might as well just send the money directly to our Thai bank in the first place. One transfer, one fee. Account closed.

Not quite. Putting funds into your home currency Wise account is usually free and you can then pay when you convert it to baht and send to your Thai bank account. This works out marginally cheaper than Wise acting as the staging post in sending it from home bank to Thai bank, which is how most of us started I think.

What you will now lose out on is the ability to time transfers to THB to play the exchange rate game, but you can regain that by timing your transfers from your home bank instead.

So little difference in reality although maybe a bit more micromanagement required to get the last satang out your transactions.

https://wise.com/help/articles/3hVTV4OmZimsLpW0Z8LB6l/upcoming-changes-to-your-wise-account-in-thailand

Now wont even open..

On 2/27/2026 at 1:23 PM, Gaccha said:

any money placed into Wise will count as a remittance under Thai income tax laws. Frustratingly, the linked page does not clearly state this but it is implied with everything else they write.

Now that a few days have gone by, advisory groups are starting to write their opinions. And it's not good news.

The opinion linked here by a tax specialist amplifies my fear that any money put into Wise in any currency in any part of the world will count as a remittance to Thailand. They are currently seeking clarification from Thailand's tax offices.

Of course if you were simply planning on using Wise to send money to Thailand then except for timing issues (to maximise currency conversion advantages) this does not change too much. But if you are using it as a global bridging mechanism then this is a huge issue.

For example, if you withdraw money from a financial institution in Hong Kong and transfer it to a Wise Hong Kong Virtual Account this will count instantly as a tax remittance in Thai law and count towards your income tax of that year.

Right now it behaves like a local transaction within Hong Kong. You use the standard local transfer mechanism and pay the local transfer mechanism rate and stay within the local currency. But with new rules you will withdraw and instantly become a target of Thailand's tax system and presumably pay an international rate of transfer.

Let me give you another example. You send a cheeky $200 to your American online brokerage from your French bank account to bet on some oil commodities. Right now it would cost almost peanuts to send it. But in the future that $200 will be converted to tire currency and then count as part of your Thai income and then be sent to the American account.

From linked site:

6 minutes ago, Gaccha said:

opinion linked here

Can you please post the link as, on AN, it is not linked here...

Thx

1 hour ago, Gaccha said:

Of course if you were simply planning on using Wise to send money to Thailand then except for timing issues (to maximise currency conversion advantages) this does not change too much. But if you are using it as a global bridging mechanism then this is a huge issue.

Most of us are retired expats living in paradise. We have NO interest in "global bridging mechanisms".

For Expats in Thailand, the Wise changes are positive as long as we

alter the transfer procedure from our home bank to the Wise bank in Thailand.

After May 19th the funds transferred from our home bank will automatically be accessible in Thailand. Because Wise has a Thai branch, all transfers should be instant. No need for an intermediate Thai bank to make the transfer. Also the Wise phone app can be used to "scan to pay". And transfer funds to and from other Thai banks. The Wise "Thai branch" replaces BBL, Kbank etc.

However Wise will be operating under BOT restrictions. All foreign transfers above 50K BHT will be flagged. Meaning a delay or refusal to accept the transfer. Transactions below 50k are processed instantly. Easy solution is to split transfers from our home bank. It won't cost more because Wise's transaction fee is a percentage of the transfer amount. Not a fee per transaction.

Because Wise has to play by BOT rules, only THB can be deposited into our accounts. Can't park non BHT currencies anymore. So we have to make transfers when the exchange rate is good. But we will be transferring instantly to a Thai bank so really no need to park funds.

But we will loose one day in timing (the transfer from home bank to Wise)

So after May 19th, to access funds from our home banks simply transfer to the Wise Thailand branch. The home bank thinks it's a domestic transfer. The process of "international transaction" is invisible. Wise takes care of everything.

1 hour ago, SamSpade said:

Can you please post the link

You're right. It seems the link function is inoperative. Here it is pasted out: https://www.expattaxthailand.com/wise-thailand-tax-update-2026/

12 hours ago, chang50 said:

https://wise.com/help/articles/3hVTV4OmZimsLpW0Z8LB6l/upcoming-changes-to-your-wise-account-in-thailand

Now wont even open..

Indeed, and I although google finds the original article in a search, the link goes to a missing page. I wonder if it's been withdrawn for some reason or if other changes/clarifications are in progress?

Image from google search results.

11 minutes ago, treetops said:

Indeed, and I although google finds the original article in a search, the link goes to a missing page. I wonder if it's been withdrawn for some reason or if other changes/clarifications are in progress?

Image from google search results.

Maybe there has been a negative reaction from customers on their contact page.

8 hours ago, WROBE said:

All foreign transfers above 50K BHT will be flagged

Really?

50'000 Thai Baht?

That would affect all "65k" transfers for the typical pensioner.

Link withdrawn really sounds like a PR debacle.

Premature.

Hope they can clarify whether the typical money transfer from home country to Thailand will work or not. Pension transfer and similar.

If not then it's bye bye.

Worst case for me: direct transfer of full pensions to Thai bank account by pension offices. Hate it.

11 hours ago, WROBE said:

So after May 19th, to access funds from our home banks simply transfer to the Wise Thailand branch. The home bank thinks it's a domestic transfer. The process of "international transaction" is invisible. Wise takes care of everything

Sounds to me more like a case of the good ol' BOT taking care of everything in its regulatory capacity - plus, more importantly from our viewpoint, a question as to how the Thai banks holding the accounts into which transfers from the Wise Thailand branch are ultimately destined classify these transfers - unlikely to be the BBL's FTT coding or other banks' equivalents, I strongly suspect. So, in order to satisfy IMM requirements in the case of marriage/retirement extensions based on ฿40k/฿65k monthly income, the Wise Thailand branch would need to start issuing credit advice notes (aka confirmation letters of international transfers) - something which Wise generically have hitherto refused to do on the grounds that they claim not to have the necessary BOT authorisation!

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

5 hours ago, KhunBENQ said:

Really?

Having just made a transfer substantially above that on Tuesday (not Wise) which hit my Thai account yesterday morning I am not seeing it either.......

So interested @WROBE where you get that statement from?

14 hours ago, WROBE said:

All foreign transfers above 50K BHT will be flagged. Meaning a delay or refusal to accept the transfer.

On 2/28/2026 at 7:48 AM, chang50 said:

Thanks done already.

So are you suggesting changing my address to UK, will stop my UK pensions, being automatically converted to Thai baht, when I transfer my two UK pensions from my UK bank to wise?

1 hour ago, Raindancer said:

So are you suggesting changing my address to UK, will stop my UK pensions, being automatically converted to Thai baht, when I transfer my two UK pensions from my UK bank to wise?

Not at all I can't imagine where you got such a bizarre idea from.If you look back you will see I was talking about updating my Thai address.

1 hour ago, WROBE said:

Most of us are retired expats living in paradise. We have NO interest in "global bridging mechanisms".

For Expats in Thailand, the Wise changes are positive as long as we

alter the transfer procedure from our home bank to the Wise bank in Thailand.

After May 19th the funds transferred from our home bank will automatically be accessible in Thailand. Because Wise has a Thai branch, all transfers should be instant. No need for an intermediate Thai bank to make the transfer. Also the Wise phone app can be used to "scan to pay". And transfer funds to and from other Thai banks. The Wise "Thai branch" replaces BBL, Kbank etc.

However Wise will be operating under BOT restrictions. All foreign transfers above 50K BHT will be flagged. Meaning a delay or refusal to accept the transfer. Transactions below 50k are processed instantly. Easy solution is to split transfers from our home bank. It won't cost more because Wise's transaction fee is a percentage of the transfer amount. Not a fee per transaction.

Because Wise has to play by BOT rules, only THB can be deposited into our accounts. Can't park non BHT currencies anymore. So we have to make transfers when the exchange rate is good. But we will be transferring instantly to a Thai bank so really no need to park funds.

But we will loose one day in timing (the transfer from home bank to Wise)

So after May 19th, to access funds from our home banks simply transfer to the Wise Thailand branch. The home bank thinks it's a domestic transfer. The process of "international transaction" is invisible. Wise takes care of everything.

9 hours ago, KhunBENQ said:

Really?

50'000 Thai Baht?

That would affect all "65k" transfers for the typical pensioner.

After May 19 our Wise Thai branch will be using the "prompt pay" system for all transactions. We are using BATHNET now with a limit of 2 mil BHT.

Those of us who require monthly FFT transfers should not "push" funds from our home bank to Wise. There is no way in Hell IMM would recognize FFTs from a fintech (Wise). We must transfer to a Thai "legacy" bank like BBL. After the 19th the last thing we want to do is push funds from our home bank to Wise. Since they will go directly to Wise's Thai branch. Then an FFT transaction is not possible.

To fund transfers for IMM, we should have Wise "pull" from our home bank. Then transfer to a Thai legacy bank of choice. This method bypasses our Wise Thai bank account and uses BATHNET. For non IMM transfers just send from our home bank. THB will arrive in our Wise Thai account ready to access.

Just did my monthly transfer from WISE EUR account to Kasikorn Bank. All smooth as usual.

But I guess I have not seen an option about proof of foreign transfer in the past?

21 hours ago, WROBE said:

However Wise will be operating under BOT restrictions. All foreign transfers above 50K BHT will be flagged. Meaning a delay or refusal to accept the transfer. Transactions below 50k are processed instantly.

Nonsense.

4 minutes ago, Caldera said:

Nonsense.

After May 19 our Wise Thai branch will be using the "prompt pay" system for all transactions.

3 minutes ago, WROBE said:

After May 19 our Wise Thai branch will be using the "prompt pay" system for all transactions.

Again, that's just your nonsensical interpretation.

13 minutes ago, Caldera said:

Again, that's just your nonsensical interpretation.

I won't dispute that I often have "nonsensical interpretations" 5555

But Google/Gemini states:

Anti-Fraud Cap: many mobile banking apps apply a default cap of 50,000 THB per transaction. For security, the Bank of Thailand requires facial recognition (biometric verification) for: Any single transfer exceeding 50,000 THB.

Really no problem for us because we can bypass our Wise "Thai branch" restrictions by pulling from our home bank.

11 hours ago, WROBE said:

I won't dispute that I often have "nonsensical interpretations" 5555

But Google/Gemini states:

Anti-Fraud Cap: many mobile banking apps apply a default cap of 50,000 THB per transaction. For security, the Bank of Thailand requires facial recognition (biometric verification) for: Any single transfer exceeding 50,000 THB.

Really no problem for us because we can bypass our Wise "Thai branch" restrictions by pulling from our home bank.

The facial recognition verification process is for outgoing withdrawals from your Thai bank account, NOT incoming deposits. Incoming deposits are not capped at 50,000 baht.

Not clear to me..surprise...First I can no longer hold money in my Wise NYC account and send when I want???

If I transfer money from my US bank account, it takes 2 days to get to Wise NYC. Once it arrives it ,will be converted and sent to my Thai bank account?? I have no control over when the money is sent here?

No chance to choose the exchange rate????

If that's how it's going to work....that's sucks!!!.

9 hours ago, Mutt Daeng said:

The facial recognition verification process is for outgoing withdrawals from your Thai bank account, NOT incoming deposits. Incoming deposits are not capped at 50,000 baht.

You're correct, deposits are not limited. But if the funds for the transfer to your Thai bank originate from your Wise balance, it's actually a prompt pay transaction. Because Wise will be a local entity.

9 hours ago, JohnOFphon said:

Not clear to me..surprise...First I can no longer hold money in my Wise NYC account and send when I want???

If I transfer money from my US bank account, it takes 2 days to get to Wise NYC. Once it arrives it ,will be converted and sent to my Thai bank account?? I have no control over when the money is sent here?

No chance to choose the exchange rate????

If that's how it's going to work....that's sucks!!!.

After talking with Wise support and researching using Gemini (don't laugh these AIs are amazing. A few months ago I thought they were hype. Do yourself a favor and start using them. They're the "real deal".) This is what I've concluded. I'll use my profile as an example. But that will match many of us.

For the last 11 years I've been using Wise to transfer USD to BBL. BBL allways coded the deposit as a foreign transaction. It was scheduled and fully automated. I could die and transfers to BBL would continue.

Last month I heard about the changes Wise was going to make. I gave Gemini all the details of my current Wise transfer procedure and asked if I can continue after May 19.

Gemini responded "You can still set up a recurring transfer for 70,000 THB in the Wise app, but it will not be "fully automatic"."

On your scheduled date, Wise will pull the funds from your balance. The transfer will pause. You will receive a notification from Wise. You must open the app and perform the 5-second face scan. Only after the scan can the 70,000 THB released to your Bangkok Bank (BBL) account. Note: If you don't scan within 48 hours, the transfer is usually cancelled and refunded."

That seemed extreme to me, so I talked with Wise support. They confirmed what Gemini said. But said face scan not needed. I just had to sign into the app and approve each transfer. All this required because of BOT anti-fraud restrictions. Wise support said I could split the transfer and schedule separate transfers so BOT won't enforce the 50k limit. But most likely BBL will not code as FFT.

So no more "automatic" transfers.

I explained to Gemini that I wanted a reliable (FFT coding) fully automated method to make future Wise transfers. Gemini response: "Because Wise Thailand will be a local entity, the transfer to BBL will likely be a domestic PromptPay, which lacks the "International" code (FDT/FET) in your bank book.

The Digital Solution: Wise is working to ensure their PDF Transfer Receipts are officially recognized by Thai Immigration. These receipts explicitly state the source of funds (USD) and the sending bank, which proves the money originated from abroad."

Apparently Gemini has never delt with CM IMM. 5555

All this because my Wise account is a "local entity" so I can't have USD in my account.

I must have a fully automated process. So one more session with Gemini. And once again Gemini came through for me. Gemini response: "The "gold Standard method" (Gemini actually said "gold standard") would be to link your bank with Wise. That way Wise can pull USD from your bank. Then convert to BHT and transfer to BBL."

Using the Wise app, I linked my USD bank to Wise. Very easy. Within 10 minutes I receive an email from my bank. They wanted me to confirm I allowed Wise to withdraw any amount, at any time from my account. They were basically asking me "Do you really want to do this?"

I ran a test 1k BHT transfer. My bank emails me that Wise made a withdrawal. Wise emails me that funds have been sent. At 2:01 the 1k arrived at BBL coded as foreign transfer. Thank you Gemini!

Hopefully the Wise AI agent won't go rouge and empty my bank account.