Monthly Deposits For Visa Extension Compliance

[alans]

Up until now I have used Bahtsmart for my monthly pension transfers from Australia. A word of warning to anyone else using this company, I have just been advised by Bahtsmart as follows,

"Unfortunately, we have no way to individually prove we remitted your funds from Australia, because we bulk up thousands of individual customer transfers every month from Australia to Thailand. All our customers in Thailand will see a incoming domestic transfer only"

Luckily I don't have to apply for my extension until next March and will have time to get the 800,000 baht into my account, others may not be so lucky.

[Starman]

Up until now I have used Bahtsmart for my monthly pension transfers from Australia. A word of warning to anyone else using this company, I have just been advised by Bahtsmart as follows,

"Unfortunately, we have no way to individually prove we remitted your funds from Australia, because we bulk up thousands of individual customer transfers every month from Australia to Thailand. All our customers in Thailand will see a incoming domestic transfer only"

Luckily I don't have to apply for my extension until next March and will have time to get the 800,000 baht into my account, others may not be so lucky.

Check what bank they use. I can't be sure about Bahtsmart but, if you use Transferwise and have a Bangkok Bank account it will show up as an international transfer.

[alans]

Not sure what bank they use, but my bank, Kasikorn, told me today they are showing up as domestic transfers. I only found out because I asked the bank about getting the credit advice letter from the Satuk branch when I relocate and they advised there were no international transfers recorded.

[alans]

My apologies if this has been asked and answered before, but will Buriram Immigration accept a combination of monthly income and bank balance to meet the 800,000 financial requirement? I permanently relocate to Satuk in September and am happy to ask the question at the Immigration office, just thought someone in the group might know.

[Prakhonchai Nick]

My transfer today from Transferwise to Kasikorn (which took 4 hours from order) shows its a DUMMY BRNCH No mention of International

25/07/19
10:39:40    DUMMY BRANCH    Cheque/Money Transfer NB       28,310.30

[fishy]

I rarely use transfer wise but they are my preferred money sender when and if I need it. From what I understand Transfer wise does not transfer money between countries. They instead transfer money somehow within the country.. which keeps their costs lower and a better exchange rate (less fees) rather than other transfer options... Many fellangs have been trying to use them to show monthly transfers from overseas (Legit) to meet Visa requirements but the banks doing the final transfer do not show it as an o-seas transfer. There has been many threads on Thai Visa about this.   

[Wayne from Aus]

Hi Alans, I use Bahtsmart too as their rates are better than many money exchange joints in Thailand. I send the money via by Bahtsmart then ask the receiver to check at the bank the next day. If banked to my account I just log on to my computer and check my account the next day. I've never had a prob (touch wood). regards