Buriram Expats

Buriram Province - General Category => General Discussion => Topic started by: aparasher on July 21, 2022, 06:12:53 AM

Title: Help with SWIFT code
Post by: aparasher on July 21, 2022, 06:12:53 AM

Hell brain trust,

We have never transferred money to Thailand and are unsure about the SWIFT codes. My wife uses  Krung Thai bank and looking it up on the internet shows "KRTHTHBKXXX" as the swift code and KRTHTHBK as another option.

Is this correct?  Is there any other code? Should there be the branch code like we use BSB number in land downunder?

All guidance will be helpful.

Thanks AP

Title: Re: Help with SWIFT code
Post by: Prakhonchai Nick on July 21, 2022, 08:19:56 AM

 

Please remit to
SWIFT CODE:    KRTHTHBK
BANK   : KRUNG THAI BANK PUBLIC COMPANY LIMITED  ( บมจ.ธนาคารกรุงไทย )
BRANCH(สาขา)    : ?????????????????????..
ACCOUNT NO. (หมายเลขบัญชี)   : ??????????????????..
ACCOUNT NAME (ชื่อเจ้าของบัญชี/ผู้รับเงิน) :??????????????????

Title: Re: Help with SWIFT code
Post by: aparasher on July 21, 2022, 09:56:16 AM

Thanks a lot Nick. I was going to use XE.com's site for transfer and it did not ask for Branch. I will give it a try with KRTHTHBK which shows the branch to be in Bangkok

Title: Re: Help with SWIFT code
Post by: Prakhonchai Nick on July 21, 2022, 10:00:54 AM

Quote from: aparasher on July 21, 2022, 09:56:16 AM

Thanks a lot Nick. I was going to use XE.com's site for transfer and it did not ask for Branch. I will give it a try with KRTHTHBK which shows the branch to be in Bangkok

If you can use WISE, you will get a much better rate and no swift codes are required.  https://wise.com/

Title: Re: Help with SWIFT code
Post by: aparasher on July 21, 2022, 01:02:07 PM

Thanks Nick. I will give it a try.

Title: Re: Help with SWIFT code
Post by: Prakhonchai Nick on July 21, 2022, 01:04:58 PM

Quote from: aparasher on July 21, 2022, 01:02:07 PM

Thanks Nick. I will give it a try.

Also no bank charges/commissions from the Thai receiving bank

Title: Re: Help with SWIFT code
Post by: aparasher on July 21, 2022, 02:22:52 PM

Thanks Nick. I checked the site and the rates look really good. Is this service safe and reliable? I have used Xe.com before, so am a bit familiar with their performance.

Title: Re: Help with SWIFT code
Post by: Prakhonchai Nick on July 21, 2022, 02:26:58 PM

Quote from: aparasher on July 21, 2022, 02:22:52 PM

Thanks Nick. I checked the site and the rates look really good. Is this service safe and reliable? I have used Xe.com before, so am a bit familiar with their performance.

I and many farangs in the Buriram/Surin are use WISE (formerly Transferwise) regularly and have no problems. The money sent often arrives within minutes, depending on the amount sent. Once you lock in the exchange rate, the amount shown is the amount received by your Thai bank

Title: Re: Help with SWIFT code
Post by: aparasher on July 21, 2022, 03:02:43 PM

Thanks Nick. Giving it a try with small amount and keeping fingers crossed.  bigok

Title: Re: Help with SWIFT code
Post by: aparasher on July 21, 2022, 05:49:20 PM

Thanks a lot Nick. It worked beautifully. I will buy you a drink if we meet in Buriram.

Title: Re: Help with SWIFT code
Post by: Prakhonchai Nick on July 21, 2022, 06:22:43 PM

Quote from: aparasher on July 21, 2022, 05:49:20 PM

Thanks a lot Nick. It worked beautifully. I will buy you a drink if we meet in Buriram.

Excellent news...another convert.

Can't wait for a meet in Buriram..I will have a G&T now to celebrate

Title: Re: Help with SWIFT code
Post by: jos on August 11, 2022, 07:54:41 AM

Thanks to the advice above, I have used WISE now on several occasions and it works like a charm. See you all in September when FINALLY my TW and I  will be travelling to Buriram.

Title: Re: Help with SWIFT code
Post by: BillH52 on August 13, 2022, 06:15:15 AM

Would like to update my experience with Wise.  Previously, transfers started on Wednesday afternoon, Thursday or Friday from USA would finally arrive about Tuesday.
Recently, transfers begun on Wednesday morning US time, arrive Bangkok Bank in 2-10 SECONDS.   bananadance