nationwide b/s SWIFT transfere to bkk bank

[salavan]

hi as anyone here had any experience of transfering funds from a n/w flex account to a thai bank, in my case bkk bank.

on the form they ask for an iban code but thai banks dont have an iban code only a swift code, i would be grateful if anyone can give me instructions on how they done it.

[chiang mai]

IBAN codes are only used in Europe.

The SWIFT codes are here:

http://www.theswiftcodes.com/thailand/

[The Fat Controller]

You need the Payee's name (address if available) and Account Number

Just use the SWIFT Code in the Bank Code/IBAN box

You will also need the branch postal address

Make sure you send the funds in POUNDS STERLING and tick the "Additional charges to be paid by the receiving account holder" box or there will be a charge back to your own account several weeks later ( I missed the tick once, so I got stung)

For ALL transfers to Thailand you MUST put a reason for the transfer in the additional information box

There is NO LIMIT on SWIFT transfers, as long as you have the funds you can send them

http://www.nationwide.co.uk/support/payments-and-transfers/specialist-payments/swift-payments#xtab:swift-limit

Edited October 3, 2014 by The Fat Controller

[ksamuiguy]

From Bangkok Bank, Main Branch.

Thank you for using Bualuang iBanking.

Regarding your inquiry, we would like to inform that you can transfer money to abroad by contact any of the banks in your country and kindly mention as the followings:
1. The beneficial Account Name: in full name as appear on his/her passbook.
2. The beneficial Account Number: 10 digits.
3. Beneficiary's Bank Details:
- Bank Name: Bangkok Bank Public Company Limited.
- Branch Name: Beneficiary's Branch name
- Address: 333 Silom Road Bangkok 10500.
- SWIFT Code: BKKBTHBK

Our charge to the beneficiary's account is only 0.25 percent from the remittance amount (min THB200.- and max THB500.-).

For more information, please contact us at Bualuang Phone Tel. 1333 or 0-2645-5555 press 2-0 or send a message to us via Bank Mail.

Yours sincerely,
Bualuang iBanking

[KittenKong]

hi as anyone here had any experience of transfering funds from a n/w flex account to a thai bank, in my case bkk bank.

on the form they ask for an iban code but thai banks dont have an iban code only a swift code, i would be grateful if anyone can give me instructions on how they done it.

I indicated to you the simplest way to do this several days ago here: http://www.thaivisa.com/forum/topic/764327-nationwide-swift-transfere-to-bkk-bank/#entry8455601

It relates to this procedure: http://www.bangkokbank.com/bangkokbank/personalbanking/dailybanking/transferingfunds/transferringintothailand/receivingfundsfromuk/Pages/ReceivingFundsfromUK.aspx which is very practical for those with Bangkok Bank accounts.

Unfortunately you appear to be ignoring this option.

[The Fat Controller]

KittenKong, the problem with using Nationwide via Bangkok Bank in London, is that you can only transfer £10,000 from a Nationwide account at at time using BACS.

That is Nationwide's limit in their terms and conditions.

If you want to send more in ONE transaction you need to use CHAPS at a cost of £20, the same a the SWIFT fee, then you will have the Bangkok Bank fee of £15 or £20 depending on where you elect to make the conversion.

[KittenKong]

KittenKong, the problem with using Nationwide via Bangkok Bank in London, is that you can only transfer £10,000 from a Nationwide account at at time using BACS.

That is indeed a very low limit.

[hazman]

Has anyone used Westpac on line banking to transfer Australian dollars to the Bangkok bank in the past couple of months? The reason I ask is because the last two times I have done this the transfer has ended up at another bank, Citi bank, then you are charged a transfer fee by Bangkok bank between 700 and 730 baht to get it in to your account.

The first time this happened I was in Thailand and I fronted the bank as to why this was happening and they told me that Westpac had sent it to the wrong bank. When I got back to Oz I also fronted the Westpac bank about this after getting a letter from Bangkok bank saying it was nothing to do with them but everything to do with Westpac, their answer was that they don't have a transfer deal going with Bangkok bank and the money could go to another bank because of this.That was like waving a red flag in front of a bull and I told them that I wanted the 720 baht that I had to pay refunded by them because it clearly stated on the transfer that it was to go into a Bangkok bank account after threating to close my account with them they paid up but then came out saying if I had done the transfer at the bank counter instead of online this would not have happened. what a croc of <deleted>.

Thursday, I transferred Australian dollars to the same account and it looks like its happened again after 48 hours the money has not gone into the account, I will be off to see Westpac first thing on Monday morning. Not Happy.

[chiang mai]

KittenKong, the problem with using Nationwide via Bangkok Bank in London, is that you can only transfer £10,000 from a Nationwide account at at time using BACS.

That is indeed a very low limit.

The same is true of HSBC UK, unless you are a Premier Customer.

[KittenKong]

When I got back to Oz I also fronted the Westpac bank about this after getting a letter from Bangkok bank saying it was nothing to do with them but everything to do with Westpac, their answer was that they don't have a transfer deal going with Bangkok bank and the money could go to another bank because of this.That was like waving a red flag in front of a bull and I told them that I wanted the 720 baht that I had to pay refunded by them because it clearly stated on the transfer that it was to go into a Bangkok bank account after threating to close my account with them they paid up but then came out saying if I had done the transfer at the bank counter instead of online this would not have happened. what a croc of <deleted>.

It's fairly common for banks to use other intermediary banks for transfers because they themselves have no direct relationship with the destination bank, and unsurprisingly the fee for this can be very hefty.

The only answer is to check with the sending bank whether or not they have a direct relationship with the recipient bank and, if not, to just use another bank that does.

In these days of instant electronic transfers one might suspect that the banks collude in order to have as few direct correspondents as possible and so to maximise charges globally.

[beau thai]

KittenKong, the problem with using Nationwide via Bangkok Bank in London, is that you can only transfer £10,000 from a Nationwide account at at time using BACS.

That is Nationwide's limit in their terms and conditions.

If you want to send more in ONE transaction you need to use CHAPS at a cost of £20, the same a the SWIFT fee, then you will have the Bangkok Bank fee of £15 or £20 depending on where you elect to make the conversion.

Try emailing or calling Bangkok Banking London- they are helpful. Then maybe you can send multiple transctions from NW in sterling and have BKB in London consol.idate them into a single transfer in sterling to Thailand. Then no NW fee, and only 20 pounds to BKB for a single transfer.

I know it seems daft but with some UK banks with BACS/Fastpay transaction limits you can do a series within minutes of each other-initially I thought it was a daily limit but not so!

[ldnguy]

I transferred money from Nationwide Flex to BB a couple of weeks ago. I used SWIFT code: BKKBTHBK and my Bangkok Bank account number. You don't need an IBAN for this transfer. This is for head office in Silom Road. I assume it's the same for other branches, but you'd better check.

Edited October 4, 2014 by ldnguy

[salavan]

I transferred money from Nationwide Flex to BB a couple of weeks ago. I used SWIFT code: BKKBTHBK and my Bangkok Bank account number. You don't need an IBAN for this transfer. This is for head office in Silom Road. I assume it's the same for other branches, but you'd better check.

hi idnguy you are the one i want to ask, what box on the nationwide swift form did you put your bkk bank account number in,

and how long did it take to arrive, my account is an fcd sterling account

[phutoie2]

If you have a NW card reader you can do a SWIFT transfer within 24 hours using the NW internet banking system. I read somewhere that because NW is a Building Society and not a clearing bank, they use HSBC for transfers.

A friend of mine is a UK HSBC customer and only pays a £4 fee for a SWIFT.

[MichaelJohn]

I've done a Nationdwide to Kasikorn Bangkok several time (using SWIFT code).

It always arrives next day with problem.

[Expattaff1308]

I've done a Nationdwide to Kasikorn Bangkok several time (using SWIFT code).

It always arrives next day with problem.

As have I, no problems at all. Received in 24 hours unless Bank Hols or Weekends.

[thaibry]

The only problem have had with a nationwide swift transfer was one time when i was mounting the transfer and became concerned because the money was still in my nationwide account 2 days after my instructions. On checking my kasikorn account i found that the money has been transferred very quickly however the debit has not gone through on my nationwide account. It took until the following day for my money to disappear from the nationwide account.

Posted from my phone using predictive text, please excuse any spelling or grammatical errors.

[wgdanson]

I've done SWIFT transfers both to and from Nationwide and Bangkok Banks with no problems whatsoever. Just make sure you put the correct information in the right boxes, ie put account number where it say ACCOUNT NUMBER.