Hua Hin Forum

I tried TW again for a 5600USD transfer. They wanted 40.67USD plus their cut on the conversion rate.

I went with my bank and the standard 40USD. Conversion will be done at BKK Bank. Usually costs me an extra 10USD.

Frankly, this pisses me off. I probably would have earned a night or more in the Hilton.

If you don't want to do the time, don't do the crime.

There has been more than ample advertisement by the Thai Government and chatter on boards that vaping is illegal in Thailand.

TW is definitely more favorable for UK than US. UK 5000GBP fee is 27+. US 5000USD is 40+. Which is more than my bank charges me.

T.I.G.R.

The change takes effect 1 March. If you're using BKK Bank in NY, let us know how things go in April.

Big Boy wrote: ↑Thu Feb 21, 2019 10:04 pm Maybe they penalise transfers from the US, but my £ transfers are very favourable. Check the exchange rate as well.

Exchange rate is decent but not enough to make it worth using them. They do seem to be UK centric.

Turns out, Transferwise would not save me any money. In fact it costs more. My bank's fee is 40.00USD regardless of amount wired.

Transferwise was over 40.00USD for 5000.00USD transfer.

I ran a test with Transferwise. Worked great. Thanks for the tip.

Big Boy wrote: ↑Thu Feb 14, 2019 12:34 pm Transferwise is simple. Log on and try it - you can do that without giving up information, paying money etc. It's there, have a look, no obligation. That way you can decide for yourself - I personally love it.

I signed up with them today. I'll use them next month.

handdrummer wrote: ↑Fri Feb 15, 2019 3:12 pm During the 5 1/2 yrs. that I've lived in Thailand the US IRS has never questioned any money transferred to here. I think that Mr. Bahrt makes things up.

The IRS will leave you alone as long as the transfer is less than 10k USD.

AH yes another excuse to use Transferwise.com which I switched to a year ago from Bangkok Bank of NY route. Transferwise is simpler and will net you less in fees with better exchange rate. Can you give some details on Transfer wise? Like will it work with Chase bank and what the fees are? Plus more...

Got this in email. It is direct from BKK Bank in NY if you use them to transfer money from the US including government payments. This is not speculation or rumor. It is an official statement from the bank. Your transaction is considered a cross border transaction because the funds are ultimately bei...

I first came to Thailand in 2006. The rule for retirement visa was 800k in the bank for 3 months or 65k monthly income. The only changes I see now is certain embassies are no longer certifying income, now the bank needs to do it (in my opinion that's who should have been doing it all along) and this...

T.O.M. wrote: ↑Tue Feb 05, 2019 11:39 am ^^
Finally something direct from the horse's mouth.
Most importantly....If going the income route...no matter if the extension is based on marriage or retirement...the funds have to come from overseas.

Go back 2 or 3 pages, the horse spoke long before this.

I find it amusing that since Thailand announced it is going to enforce existing retirement visa laws, there is so much chatter about it in various forums.

Reminds me of what would happen if the US Government were to announce it was going disarm known criminals.