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Wise accounts upcoming changes

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On 7/4/2026 at 9:28 AM, wil iam not said:

It did it automatically. I know that a SWIFT is GBP with Nationwide, free with Barclays but a worse exchange rate.

All I can say is that my recent transfer of THB 35k cost ONE POUND more on Revolut than WISE, and arrived as an FTT instantly, which is strange because SWIFTs usually take a couple of days.

So, can I ask, Why not change pounds to Thb on Revolut and then send Thb to your Thai Bank? Again, would that be because of the exchange rate? I ask because I use Revolut.

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  • BritManToo
    BritManToo

    Most of us don't 'officially' reside in Thailand, so no emails and no changes.

  • I would be quaking in my boots right now if I were reliant solely on Wise for correctly-coded monthly ฿65k retirement extension transfers - which, thankfully, I'm not.

  • Farmerslife
    Farmerslife

    Likewise (😁) I received an email back in May saying that they would be in touch for additional information before the end of June. To date, I've not received any requests. It looks as if they are a li

2 hours ago, Surasak said:

So, can I ask, Why not change pounds to Thb on Revolut and then send Thb to your Thai Bank? Again, would that be because of the exchange rate? I ask because I use Revolut.

It is good to change GBP to THB when the rate is good, like yesterday's 44.8, keep it in your THB account until you need to send it, same with Wise.

Today 65000 at 44.4 costs you GBP 14 more! There is very little differend between sending GBP or THB in the final sum.

Edited by wil iam not

On 7/3/2026 at 11:21 AM, scubascuba3 said:

My Wise to Bangkok Bank transfer took about 20 hours yesterday, I'll use Kasikorn in future

My WISE to BKK always took until 2pm the next WOEKING day as an FTT. Now Revolut is instant and still an FTT.

23 minutes ago, wil iam not said:

My WISE to BKK always took until 2pm the next WOEKING day as an FTT. Now Revolut is instant and still an FTT.

With Bangkok Bank there was always a delay until 2pm for FTT because it was a manual process, i said general living expenses so not previously caught up in that

5 minutes ago, scubascuba3 said:

With Bangkok Bank there was always a delay until 2pm for FTT because it was a manual process, i said general living expenses so not previously caught up in that

Did a transfer last week, personal living expenses

Arrived instantly marked FTT.

Edited by BritManToo

23 minutes ago, BritManToo said:

Did a transfer last week, personal living expenses

Arrived instantly marked FTT.

Kasikorn never fails, BB sometimes are delayed for me

10 minutes ago, scubascuba3 said:

Kasikorn never fails, BB sometimes are delayed for me

If you need the money to be available instantly, send it yesterday 5-5-5.

2 minutes ago, wil iam not said:

If you need the money to be available instantly, send it yesterday 5-5-5.

but as you know, as soon as there's an unusual delay who knows when it's going to settle until it does, i could have waited a few years for it to arrive but that's not the point

49 minutes ago, BritManToo said:

Did a transfer last week, personal living expenses

Arrived instantly marked FTT.

I wonder what the difference was between your and scuba's transfers. Did Wise run out of THB for a while?

7 hours ago, wil iam not said:

It is good to change GBP to THB when the rate is good, like yesterday's 44.8, keep it in your THB account until you need to send it, same with Wise.

Today 65000 at 44.4 costs you GBP 14 more! There is very little differend between sending GBP or THB in the final sum.

Thanks. That is my usual way of transfers. Certainly better than the hassle I had with Nationwide, especially with no App.

12 hours ago, Surasak said:

Thanks. That is my usual way of transfers. Certainly better than the hassle I had with Nationwide, especially with no App.

Yes. Nationwide SWIFTs go via HSBC, cost 20 quid and take 3-4 days, at a lousy exchange rate.

For me, after years of using WISE, Revolut is my best bet.

You can get the Nationwide app to work here.

Edited by wil iam not

On 7/5/2026 at 3:49 PM, sandyf said:

Not sure what the new arrangement will be, but I would suspect it will become a SWIFT bank to bank transfer under the Thai Banking Regulations.

Absolutely not! Wise is not a bank and is not about to become one. For them, to use SWIFT transfer methods would be anathema. And it would also bring about a complete collapse of their business model.

For the great majority of us who simply use Wise to shift our pensions and the likes into our Thai bank accounts, it is very unlikely that there will be any change. You might find the linked Youtube video useful.

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On 7/4/2026 at 5:56 PM, Pekaer said:

Check your wise account: Your Account/ Settings/ Personal Details, possibly all required data are already available (Country of Residence/Thai address and Thai phone number). So nothing to worry about!

I contacted Wise and from their answer it seems that everyone in Thailand is going to receive the email requesting further information.

I don't imagine them going through each and every account to check if the necessary information is already there or not.

More likely is that they are late.

5 minutes ago, Jedimaster said:

I contacted Wise and from their answer it seems that everyone in Thailand is going to receive the email requesting further information.

I don't imagine them going through each and every account to check if the necessary information is already there or not.

More likely is that they are late.

It's not everyone in Thailand it's those with their Wise address in Thailand

5 hours ago, Moonlover said:

Absolutely not! Wise is not a bank and is not about to become one. For them, to use SWIFT transfer methods would be anathema. And it would also bring about a complete collapse of their business model.

Always one that wants to get padantic over what is a bank. My Wise account has an account number, sort code, IBAN and SWIFT codes, just like any other bank.

When I pay the Canadian company I buy from it takes about 3 days, a bit like any other bank transfer.

Many talk about using Wise but they invariably fail to say how they are using Wise.

Anyone that thinks that going from an unregulated to a regulated arrangement is not going to change things is delusional.

6 hours ago, Moonlover said:

For them, to use SWIFT transfer methods would be anathema.

If you would like to send me some money into my Wise account you will need the SWIFT code which is TRWIGB2LXXX.

4 minutes ago, sandyf said:

Always one that wants to get padantic over what is a bank. My Wise account has an account number, sort code, IBAN and SWIFT codes, just like any other bank.

When I pay the Canadian company I buy from it takes about 3 days, a bit like any other bank transfer.

Many talk about using Wise but they invariably fail to say how they are using Wise.

Anyone that thinks that going from an unregulated to a regulated arrangement is not going to change things is delusional.

Just because Wise has a SWIFT code, a sort code and an IBAN number, it does not mean it's a bank. It is in fact a fintech company and that is not going to change. Neither will its modality regarding the method it uses for transfers into Thailand. It is, in fact the key feature of its operations.

And if you had referred to ALL of my post instead of cherry picking, you will see that I made it quite clear how I use Wise.

1 hour ago, sandyf said:

If you would like to send me some money into my Wise account you will need the SWIFT code which is TRWIGB2LXXX.

If you would like to send some money to my Nationwide Building Society account in the UK you will need the SWIFT code NBSMGB22XXX. That's not a bank either!

On 7/3/2026 at 10:28 AM, wil iam not said:

What do you use instead.please.

I now get my main occupational pension paid by the pension provider direct into my Kbank account. I ditched Wise after they'd threatened to close my account because I was unable to prove my right to reside in Thailand to their satisfaction (which, I was under the impression, none of us could do in any event unless we had achieved permanent residency or citizenship status). And this came on top of a couple of other requests on their part for me to prove my identity and address in Thailand, which, I had been led to believe, I had been able to accomplish to their satisfaction with copies of my passport and latest UK bank account statement respectively.

Previously, I had generally been extremely satisfied with the service I'd received from Wise in transferring funds of mine from the UK to Thailand. However, they have now fallen from hero to zero in my estimation. And the big mystery remains, in my eyes, as to why they seemingly targeted me in isolation for proof of residency in Thailand, since I've not read on AN any reports of anyone else whom Wise had subjected to similar treatment to mine.

Edited by OJAS

8 hours ago, OJAS said:

I now get my main occupational pension paid by the pension provider direct into my Kbank account. I ditched Wise after they'd threatened to close my account because I was unable to prove my right to reside in Thailand to their satisfaction (which, I was under the impression, none of us could do in any event unless we had achieved permanent residency or citizenship status). And this came on top of a couple of other requests on their part for me to prove my identity and address in Thailand, which, I had been led to believe, I had been able to accomplish to their satisfaction with copies of my passport and latest UK bank account statement respectively.

GeographicReference

Previously, I had generally been extremely satisfied with the service I'd received from Wise in transferring funds of mine from the UK to Thailand. However, they have now fallen from hero to zero in my estimation. And the big mystery remains, in my eyes, as to why they seemingly targeted me in isolation for proof of residency in Thailand, since I've not read on AN any reports of anyone else whom Wise had subjected to similar treatment to mine.

Wise will accept a number of documents for proof of residency in Thailand.

Thai driving licence

Yellow book

Pink ID card

You original visa sticker with the latest extension stamp.

On 7/5/2026 at 3:49 PM, sandyf said:

The majority of international transfers into Thailand are SWIFT using 8 character codes for retail banking, Thailand does not use IBAN. The 8 characters are often padded with XXX to suit the normal 11 character arrangement.

If I do a transfer from my UK bank it is SWIFT, I do it in the afternoon and in my account the following morning. The time taken for SWIFT can depend on the remitting bank as some will use an intermediary. HSBC charge £5 for the transfer and I send GBP, overall the cost not much different to Wise.

Don't know anything about Revolut but as far as Wise goes, they currently use a peer to peer arrangement which can result in very fast transfers if all goes smoothly. Not sure what the new arrangement will be, but I would suspect it will become a SWIFT bank to bank transfer under the Thai Banking Re

7 hours ago, OJAS said:

I now get my main occupational pension paid by the pension provider direct into my Kbank account. I ditched Wise after they'd threatened to close my account because I was unable to prove my right to reside in Thailand to their satisfaction (which, I was under the impression, none of us could do in any event unless we had achieved permanent residency or citizenship status). And this came on top of a couple of other requests on their part for me to prove my identity and address in Thailand, which, I had been led to believe, I had been able to accomplish to their satisfaction with copies of my passport and latest UK bank account statement respectively.

Previously, I had generally been extremely satisfied with the service I'd received from Wise in transferring funds of mine from the UK to Thailand. However, they have now fallen from hero to zero in my estimation. And the big mystery remains, in my eyes, as to why they seemingly targeted me in isolation for proof of residency in Thailand, since I've not read on AN any reports of anyone else whom Wise had subjected to similar treatment to mine.

Yes, most of us are on 12 monthly retirement extensions which of course is not the same as permanent residency, therefore I believe this will be the only stumbling block come 03 August or before. Copies of facial photo, retirement extension, confirmation of address and passport data are all straight forward.

If this permanent residency is the only problem within their changes, they will lose many in Thailand and of course not forgetting the double Wise fees for those affected.

As like you, direct pension transfer to your chosen Thai bank will be one of ways to go.

Edited by anchadian

8 hours ago, OJAS said:

I now get my main occupational pension paid by the pension provider direct into my Kbank account. I ditched Wise after they'd threatened to close my account because I was unable to prove my right to reside in Thailand to their satisfaction (which, I was under the impression, none of us could do in any event unless we had achieved permanent residency or citizenship status). And this came on top of a couple of other requests on their part for me to prove my identity and address in Thailand, which, I had been led to believe, I had been able to accomplish to their satisfaction with copies of my passport and latest UK bank account statement respectively.

Previously, I had generally been extremely satisfied with the service I'd received from Wise in transferring funds of mine from the UK to Thailand. However, they have now fallen from hero to zero in my estimation. And the big mystery remains, in my eyes, as to why they seemingly targeted me in isolation for proof of residency in Thailand, since I've not read on AN any reports of anyone else whom Wise had subjected to similar treatment to mine.

Where is your WISE account registered, here in Thailand or elsewhere?

Mine is my Thai address, and I have heard nothing from them.

But as I have said previously, I have used Revolut to transfer my Extension money for the past two months, and it arrives in my Bkk Bank instantly as an FTT for about the same fees.

17 hours ago, Moonlover said:

Just because Wise has a SWIFT code, a sort code and an IBAN number, it does not mean it's a bank. It is in fact a fintech company and that is not going to change. Neither will its modality regarding the method it uses for transfers into Thailand. It is, in fact the key feature of its operations.

And if you had referred to ALL of my post instead of cherry picking, you will see that I made it quite clear how I use Wise.

Take it "padantic" went over your head.

17 hours ago, Moonlover said:

And if you had referred to ALL of my post instead of cherry picking, you will see that I made it quite clear how I use Wise.

I must be mistaken, I was under the impression the thread was about changes to Wise accounts.

On 7/7/2026 at 6:34 AM, wil iam not said:

Yes. Nationwide SWIFTs go via HSBC, cost 20 quid and take 3-4 days, at a lousy exchange rate.

For me, after years of using WISE, Revolut is my best bet.

You can get the Nationwide app to work here.

How did you manage to open a revolut account whilst living in Thailand?

Their app does not include Thailand when trying to register.

Thks

1 hour ago, sandyf said:

Take it "padantic" went over your head.

Not at all. I'm the most padantic (sic) person I know!

4 minutes ago, Raindancer said:

How did you manage to open a revolut account whilst living in Thailand?

Their app does not include Thailand when trying to register.

Thks

I opened it when I was in UK years ago.

4 minutes ago, wil iam not said:

I opened it when I was in UK years ago.

No probs. Thks for the quick reply.

On 7/8/2026 at 7:14 AM, wil iam not said:

Where is your WISE account registered, here in Thailand or elsewhere?

Mine is my Thai address, and I have heard nothing from them.

But as I have said previously, I have used Revolut to transfer my Extension money for the past two months, and it arrives in my Bkk Bank instantly as an FTT for about the same fees.

It was registered in Thailand before I closed it. I then looked into alternatives to Wise, including Revolut and Remitly. Unfortunately, the major stumbling block for me in the case of each of the organisations I investigated was the UK address requirement.

I did, however, have a final hurrah with Wise to transfer across remaining proceeds from the sale of my house in 2021 during the 1-month notice period they gave me. And, going forward, I don't see the need for further significant transfers from the UK. I'm still getting my State Pension paid into my UK account which, when offset by my WRLife GBP premium payments, will likely leave over modest amounts necessitating only very occasional SWIFT transfers from time to time.

9 hours ago, OJAS said:

It was registered in Thailand before I closed it. I then looked into alternatives to Wise, including Revolut and Remitly. Unfortunately, the major stumbling block for me in the case of each of the organisations I investigated was the UK address requirement.

I did, however, have a final hurrah with Wise to transfer across remaining proceeds from the sale of my house in 2021 during the 1-month notice period they gave me. And, going forward, I don't see the need for further significant transfers from the UK. I'm still getting my State Pension paid into my UK account which, when offset by my WRLife GBP premium payments, will likely leave over modest amounts necessitating only very occasional SWIFT transfers from time to time.

That's great to hear. I take it you have a private pension as well as the State Pension which is eaten up by Health Insurance with WRLife..ooooh!

How do you transfer money on which you live here, I assume you are on money in the Bank method.

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