New Charge on Bank Transfer

[Khundon1975]

That's strange Nevets as both the wife and I have 2 separate accounts in different banks.

My wife started her two accounts 12 years ago, well before she became a UK citizen and uses them for transfers to Thailand bank accounts.
However she does not do online banking, as neither of us trust the online security any bank offers at the moment.

So it's down to Swift transfers or friends taking Sterling to Thailand and family banking it for us, when the EX rate is right.

Changing banks here in the UK should not be a problem, just take a list of DD's and Standing orders etc to new bank and they do the rest.


STEVE G

You are correct, there are Anti money laundering laws covering bank transfers and they apply to all banks in all countries now.
Thank the US government for that. Even the offshore banks are made to report all transfers over a certain amount ($10,000 I think).

The main authority for compiling and monitoring all large transfers between banks and financial institutions, is in Australia, where the transfers are monitored in real time via computer links.

You cannot even have a "secrete Swiss account" now, as the Swiss banks have been forced to open their books to US banking authorities for inspection.

I think the main problem with asking banks to deal with anything in Thailand is they don't really trust the Thais to get it right. Plus, Thailand is one of the main countries where credit card fraud is committed.

If your bank or cc card details are nicked, chances are, sooner or later they will pop up in LOS.

[caller]

My turn!

I have more than one account at more than UK bank - no idea what your problem there is nevets?

I cannot transfer on-line to my Thai or any other Thai account. Its not allowed by my banks, one of which is HSBC!

[richard]

Caller

Dont understand. I am with HSBC and no problem

[caller]

I heard you Richard. Sadly, next week I return to the UK and I'll make enquiries when back.

[nevets]

Well friends, i went to the Nat west and HSBC in Birmingham UK and they both were very obliging , i took all the necessary papers and no problem until they said i had to close my Barclays account and then they would open their account for me .!!!!

[PET]

My turn!

I have more than one account at more than UK bank - no idea what your problem there is nevets?

I cannot transfer on-line to my Thai or any other Thai account. Its not allowed by my banks, one of which is HSBC!

Nationwide internet allows you to directly transfer to Thailand and it is received within 24 hours. You can do this from UK or from Thailand if you bring the Card Reader with you.

[Big Boy]

I made the transfer today, and specifically asked what it was costing to make the transfer. The lady that did the transfer assured me that I was paying NatWest charges only, which were £20.

I mentioned that somebody I know had recently been charged £32.50, and she said that had to be wrong. Has there been any feedback on the official complaint yet?

I will post again when I receive the official notification that the transaction has gone through.

The charge on the official notification was a straight £20, as it has been for quite some time. So what was the excuse they gave to you Kendo?

[kendo]

Nothing wrong this end its bankok bank making an unauthorized charge at sorce, going back through our records it turns out this is the forth time this has happened, my wife is still trying to get an enquiy into this at our branch in Prasat............on going.

Kendo.

[Big Boy]

I hear what you're saying, but you have instructed your bank to transfer money to Thailand, and as part of that instruction you have told them that you will pay UK Bank Charges only.

Your bank is allowing your money to be withdrawn from your account without any authority. Where is the bank's security? If the Thai Bank can access your funds with no authority whatsoever, who else will they allow to take your money?

I honestly can't see what any enquiry at the Thai end will achieve. It has to be your UK Bank at fault. If I walk in to your bank tomorrow, and say can you please give me £100 of Kendo's money? What do you expect them to do?

- Give it to me? Then when you're £100 down on your next statement, do you expect the bank to say have a word with Big Boy? He asked nicely.

- Or do you expect them to throw me out on my ear?

It still sounds like incompetance of the first order by your UK Bank.

[Big Boy]

It still sounds like incompetence of the first order by your UK Bank.

........... and they've charged you £20 for the privilege on each occasion. And to have done it 4 times as well