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danlrob

Best way to send money to Thailand

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Filed: K-1 Visa Country: Philippines
Timeline

What is the best way to send money to Thailand.  I will be sending direct to a bank account.  Unfortunately my credit Union will not do foreign transfers.  Western Union takes 4 days to complete the transfer.  Is there another service that is faster?

 

Thank you

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Filed: Citizen (apr) Country: Vietnam
Timeline

I have used Transferwise to send to money to Thailand before, to reimburse my girl a couple tickets she purchased for me. On $200, my fee was $3.96 and on top of that the exchange rate was significantly better than almost any other service. The money arrived quite quickly as well, in a few days, right into her bank account.

 

For example: 

If you send $1000, the fee is $11.88 and your recipient will receive 33704.77 THB in their bank account at an exchange rate of 34.11 THB per US$.

 

In comparison, with MoneyGram they would have a fee of $4.99 but their exchange rate is much worse. Meaning that your recipient would only receive 31.855.40 THB and they have to go pick it up.

 

EDIT: I just noticed that I can post a link that will give your first transfer fee free if you want. I didn't want to include it in this thread as it is a referral link and I didn't want you to think I was recommending them to get a kick back. I just have been really happy with their service.

Edited by PedroDaGr8

Steps Before Citizenship:

Spoiler

K-1

09/24/2016 - I-129F Packet Submitted, 09/26/2016 - NOA1, 10/27/2016 - RFE Received

11/02/2016 - RFE Reply sent

11/09/2016 - NOA2

11/21/2016 - NVC Receives packet

12/12/2016 - Case left NVC for BKK Consulate

01/10/2017 - After travelling via the slowest route possible (likely via carrier pigeon) BKK Consulate receives packet

01/16/2017 - Packet 3 Instructions received 02/28/2017 - Packet 3 Instructions Completed

03/05/2017 - Packet 4 received (now the fun begins) --> 03/29/2017 - Interview disappears from the schedule on the embassy website -->03/30/2017 - She goes to her interview, is told they need to verify her documents since she is Vietnamese interviewing in Thailand, receives a 221G with 'Verification of Viet documents' as the reason. Gave back her passport.-->03/31/2017-04/04/2017 - Case is being continuously touched. We suspect that our case was approved at this point but they didn't have her passport. --> 04/10/2017 (10 days after interview) - Email emabssy to inquire about updates and if there was anything we could do to move things forward. (3h later) - She is told that she is approved and to expect her passport soon (how when they don't have it in their posession?) After clarification, instructed to send our passport to them. Ship out passport in a rush to beat Songkran (which failed) --> 04/11/2017 - Passport at embassy according to Thai Post Office --> 04/17/2017 - Emailed to confirm they received the passport. They issued an evasive answer about Songkran backlog (they love evasive non-committal answers)--> 04/24/2017  Evening - Case changes from Immigrant Visa to Non-Immigrant Visa and a new case created date is given --? 04/25/2017 morning  (less than 12h later) - Case flies through Ready -->Admin Processing --> Issued

04/26/2017 - Checks mail, passport is there. No mention of it being mailed out. 

05/02/2017 - Arrives in the USA, without Issue

06/17/2017 - Marriage!

AOS

7/01/17- Mailed AOS packet to Chicago

7/03/17- Packet received

07/07/17 - SMS and Email notification of NOA1 for AoS, EAD, and AP

07/13/17 - Received paper copies of NOA1 for AoS, EAD, and AP

07/21/17 - Received Biometrics Appointment Letter

08/02/17 - Biometrics Appointment Completed 

11/04/17 - EAD Approved - New Card Is Ready For Production

11/09/17 - AP Approved, EAD - Card Produced Awaiting Mailing, EAD - Card Has Been Mailed.

11/13/17 - EAD/AP Combo Card Received. 

11/05/2018 - Received SMS Notification that Interview Has Been Scheduled

11/10/2018 - Received Paper Interview Notice

12/11/2018 - Interview Date
12/12/2018 - Approved

ROC

11/18/2020 - Mailed ROC packet

11/20/2020 - Packet received

01/16/2021 - Received NOA1 

05/28/2021 - Biometrics Waived

08/04/2021 - ROC Approved

08/11/2021 - GC received

 

Citizenship

09/15/2021 - N-400 Filed Electronically, NOA-1 received, Biometrics Waiver Received

07/01/2022 - Interview Notice Received
08/10/2022 - Interview Date, Approved, Oath Ceremony

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Filed: Citizen (apr) Country: Vietnam
Timeline
10 minutes ago, PedroDaGr8 said:

 

 

For example: 

If you send $1000, the fee is $11.88 and your recipient will receive 33704.77 THB in their bank account at an exchange rate of 34.11 THB per US$.

 

In comparison, with MoneyGram they would have a fee of $4.99 but their exchange rate is much worse. Meaning that your recipient would only receive 31.855.40 THB and they have to go pick it up.

 

 

Damn it, can't edit anymore.

 

I was looking at MoneyGram closer and they are an even worse deal. They charge you $1004.99 to send $1000 (unlike most other services which deduct it from your $1000). This means that if you send $1000, the ACTUAL amount your recipient would receive is 31696.44 THB, over 2000 THB less. 


Steps Before Citizenship:

Spoiler

K-1

09/24/2016 - I-129F Packet Submitted, 09/26/2016 - NOA1, 10/27/2016 - RFE Received

11/02/2016 - RFE Reply sent

11/09/2016 - NOA2

11/21/2016 - NVC Receives packet

12/12/2016 - Case left NVC for BKK Consulate

01/10/2017 - After travelling via the slowest route possible (likely via carrier pigeon) BKK Consulate receives packet

01/16/2017 - Packet 3 Instructions received 02/28/2017 - Packet 3 Instructions Completed

03/05/2017 - Packet 4 received (now the fun begins) --> 03/29/2017 - Interview disappears from the schedule on the embassy website -->03/30/2017 - She goes to her interview, is told they need to verify her documents since she is Vietnamese interviewing in Thailand, receives a 221G with 'Verification of Viet documents' as the reason. Gave back her passport.-->03/31/2017-04/04/2017 - Case is being continuously touched. We suspect that our case was approved at this point but they didn't have her passport. --> 04/10/2017 (10 days after interview) - Email emabssy to inquire about updates and if there was anything we could do to move things forward. (3h later) - She is told that she is approved and to expect her passport soon (how when they don't have it in their posession?) After clarification, instructed to send our passport to them. Ship out passport in a rush to beat Songkran (which failed) --> 04/11/2017 - Passport at embassy according to Thai Post Office --> 04/17/2017 - Emailed to confirm they received the passport. They issued an evasive answer about Songkran backlog (they love evasive non-committal answers)--> 04/24/2017  Evening - Case changes from Immigrant Visa to Non-Immigrant Visa and a new case created date is given --? 04/25/2017 morning  (less than 12h later) - Case flies through Ready -->Admin Processing --> Issued

04/26/2017 - Checks mail, passport is there. No mention of it being mailed out. 

05/02/2017 - Arrives in the USA, without Issue

06/17/2017 - Marriage!

AOS

7/01/17- Mailed AOS packet to Chicago

7/03/17- Packet received

07/07/17 - SMS and Email notification of NOA1 for AoS, EAD, and AP

07/13/17 - Received paper copies of NOA1 for AoS, EAD, and AP

07/21/17 - Received Biometrics Appointment Letter

08/02/17 - Biometrics Appointment Completed 

11/04/17 - EAD Approved - New Card Is Ready For Production

11/09/17 - AP Approved, EAD - Card Produced Awaiting Mailing, EAD - Card Has Been Mailed.

11/13/17 - EAD/AP Combo Card Received. 

11/05/2018 - Received SMS Notification that Interview Has Been Scheduled

11/10/2018 - Received Paper Interview Notice

12/11/2018 - Interview Date
12/12/2018 - Approved

ROC

11/18/2020 - Mailed ROC packet

11/20/2020 - Packet received

01/16/2021 - Received NOA1 

05/28/2021 - Biometrics Waived

08/04/2021 - ROC Approved

08/11/2021 - GC received

 

Citizenship

09/15/2021 - N-400 Filed Electronically, NOA-1 received, Biometrics Waiver Received

07/01/2022 - Interview Notice Received
08/10/2022 - Interview Date, Approved, Oath Ceremony

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I've used several before I found Transferwise but it is by far the best I've found.  Takes about 3-4 business days for transfer to complete but much better exchange rate and lower fees than MoneyGram and Western Union.  Never had a problem with them and have been using them for quiet a while now.

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Filed: Citizen (pnd) Country: Thailand
Timeline

Seconding everyone else's experience with Transferwise! I just transferred USD $300 to my mother-in-law and got a very good exchange rate plus it cost about $5 to send the money directly to her bank account via SWIFT. I also wanted to mention that my in-laws live in rural Isaan and don't often go to the bank so this made it very easy for them and I felt safe knowing that the money went directly where it was supposed to go!


K1 visa journey: 107 days from NOA1 to visa in hand

Spoiler

01 Oct 2016    Mailed I-129F packet (27 pages)
12 Oct 2016    NOA1 SMS and e-mail
03 Nov 2016    NOA2 SMS

24 Jan 2017    Interview
27 Jan 2017    Visa in hand
09 Feb 2017    POE Philadelphia, PA

 

AOS journey: 256 days from NOA1 to GC in hand

Spoiler

06 Apr 2017    Mailed I-485/I-131/I-765 packet (83 pages)

12 Apr 2017    I-485/I-131/I-765 packet delivered

26 May 2017    Biometrics appointment

25 Aug 2017    EAD/AP card approved

07 Dec 2017    AOS interview

18 Dec 2017    Conditional (2 year) GC in hand!

 

ROC journey: 374 days

Spoiler

09 Sep 2019    Mailed ROC packet via USPS Priority Mail (ETA 11 Sep)

20 Sep 2019    NOA1/18-month extension letter received

23 Jan 2020    Biometrics appointment

17 Sep 2020    Case approved without interview

 

Citizenship journey

09 Sep 2020      Submitted N-400 online

10 Dec 2020      Received biometrics reuse notice

20 Apr 2021      Received interview notice

25 May 2021      Interview - RFE for marital evidence

26 May 2021      RFE response submitted online

 

Cumulative number of pages sent to USCIS: 632

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Filed: K-1 Visa Country: Thailand
Timeline

I can vouch for TransferWise as well. I’ve used Western Union and TransferWise and  TW is much cheaper and faster. TransferWise provides the best exchange rate I’ve found. 


CSC

4/14/2015 Sent I-129F via UPS

4/16/2015 Received NOA1

6/1/2015 Received NOA2

NVC

6/8/2015 NVC Received Petition

6/10/2015 NVC sent to US Embassy Bangkok (NVC Confirmed)

US Embassy Bangkok

6/13/2015 US Embassy Bangkok Received (tracked with DHL)

6/15/2015 "Case Creation Date"

6/26/2015 Status "Ready" CEAC case tracker

7/2/2015 Received Packet 3

7/7/2015 Received Thai Police Certificate via mail

7/10/2015 Mailed Packet 3 documents to US Embassy

7/13/2015 Received Packet 4 email/Interview Scheduled for 8/4/2015

8/4//2015 Interview (Approved!)

US

8/19/2015 I (USC) flew to Thailand

8/26/2017 We flew back together to Colorado, USA (LA California port of entry)

Marriage SSN

8/28/2015 Applied for SSN

8/28/2015 Obtained Marriage License

9/4/2015 Received social security card (SSN) with unmarried name via US mail

9/7/2015 Married in Colorado

AOS, AP, EAD

9/9/2015 Recorded Marriage License, Changed name SSN, Applied for AOS, AP, EAD

9/14/2015 Received social security card (SSN) with married name

9/16/2015 Received text and email NOA1s for AOS, AP, EAD

9/21/2015 Received paper NOA1s for AOS, AP, EAD via US mail

9/25​/2015 Received letter vis US mail scheduling biometrics for 10/5/2015

10/2/2015 Received RFE for not submitting 2014 tax documents

10/5/2015 Biometrics in Denver

10/9/2015 Responded to RFE by sending 2014 tax copies

11/18/2015 Received RFE stating EAD form was not an original signature?

11/19/2015 Signed the form in BLUE ink and returned via 2nd day UPS

12/10/2015 AP and EAD Approved

12/17/2015 Received Combo AP and EAD Card via US mail

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Filed: K-1 Visa Country: Thailand
Timeline
On 7/6/2017 at 11:54 AM, danlrob said:

What is the best way to send money to Thailand.  I will be sending direct to a bank account.  Unfortunately my credit Union will not do foreign transfers.  Western Union takes 4 days to complete the transfer.  Is there another service that is faster?

 

Thank you

Create an online Bank of America Account and/or Paypal. 

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Filed: Citizen (pnd) Country: Thailand
Timeline
On 3/20/2018 at 10:08 PM, John951 said:

PayPal?

I haven't used PayPal so I can't speak to their fees and/or rates. If the recipient (family/friends) are tech-savvy, I'm betting this is the easiest route. For those who aren't as tech-savvy, TransferWise (and other similar services) is great since the money arrives directly in their account.


K1 visa journey: 107 days from NOA1 to visa in hand

Spoiler

01 Oct 2016    Mailed I-129F packet (27 pages)
12 Oct 2016    NOA1 SMS and e-mail
03 Nov 2016    NOA2 SMS

24 Jan 2017    Interview
27 Jan 2017    Visa in hand
09 Feb 2017    POE Philadelphia, PA

 

AOS journey: 256 days from NOA1 to GC in hand

Spoiler

06 Apr 2017    Mailed I-485/I-131/I-765 packet (83 pages)

12 Apr 2017    I-485/I-131/I-765 packet delivered

26 May 2017    Biometrics appointment

25 Aug 2017    EAD/AP card approved

07 Dec 2017    AOS interview

18 Dec 2017    Conditional (2 year) GC in hand!

 

ROC journey: 374 days

Spoiler

09 Sep 2019    Mailed ROC packet via USPS Priority Mail (ETA 11 Sep)

20 Sep 2019    NOA1/18-month extension letter received

23 Jan 2020    Biometrics appointment

17 Sep 2020    Case approved without interview

 

Citizenship journey

09 Sep 2020      Submitted N-400 online

10 Dec 2020      Received biometrics reuse notice

20 Apr 2021      Received interview notice

25 May 2021      Interview - RFE for marital evidence

26 May 2021      RFE response submitted online

 

Cumulative number of pages sent to USCIS: 632

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Filed: Timeline

If the amount is small I use TransferWise. If I am sending a lot and Transferwise projects the fee will be more than $45 I use a wire transfer from my bank instead as that is there fee.

 

I've heard there is some way to use Bangkok Bank as they have a branch in New York but I havent explored it yet. I did open an account with them in Thailand a few weeks ago when I was there for work and to visit the wife's family.


04.05.16 - i129F sent


04.06.16 - NOA1 text/email received


06.23.16 - NOA2


07.22.16 - NVC received our case


07.26.16 - NVC case in transit to US Embassy Bangkok


08.15.16 - NVC case "READY" - US Embassy Bangkok


10.05.16 - Interview - Approved

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Filed: K-1 Visa Country: Thailand
Timeline
On 9/18/2018 at 6:31 PM, Dimonis said:

I've heard there is some way to use Bangkok Bank as they have a branch in New York but I havent explored it yet. I did open an account with them in Thailand a few weeks ago when I was there for work and to visit the wife's family.

 

This might shed more light on this method, although I have no personal experience in doing so...

 

https://www.bangkokbank.com/en/Personal/Other-Services/Transfers/Transferring-Into-Thailand/Transfer-money-from-US-to-Thailand-via-Bangkok-Bank-NewYork-branch

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Filed: K-1 Visa Country: Thailand
Timeline

Depending on how much you want to send, and how quickly/often you need money there, there is a no cost option.....but it's not really a "transfer".  Open a Charles Schwab checking account, and get the ATM card.  You must have a US address to qualify, but they will send the ATM card to Thailand if you request it upon opening the account.   I was in Bkk and got the card, but I could just have easily sent it to our address there for my fiancee. 

I think you can pull the equivalent of $1000 per day, and the exchange rate is MUCH better than I've rec'd doing a wire transfer to my SCB account, and there is zero foreign transaction fees.  (Ally by contrast is 1% and I've seen as high as 3%)   And although every bank in Thailand now charges $6 each time you use a foreign ATM card (except for the super premium accounts like Citigold) Schwab reimburses the ATM fees anywhere in the world.  I'm not aware of any bank ATM cards that offer that feature.   When I'm back in US, my fiancee keeps the card there, so if I need to get money to her, I do a free domestic transfer from my bank to Schwab, and she can go get the cash.

Unlike the NOA2, I rec'd my Schwab card (in Thailand) about 10 days after I submitted the application.   Works great in our situation.

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