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Nikkijah

Swift Code For Kasikorn K-cyber Banking

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I've been recommended to use direct bank transfer by a friend, he has told me to use my swift code to transfer funds from my UK Halifax account to my partners Kasikorn account but I can't find the swift code, is there such a thing with this bank?

Nikkijah :o

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Yes, it's KASITHBK, but you should be very careful to get the exact transfer instructions from Kasikorn, including their "correspondent bank" details for sending pounds. Otherwise your bank in the UK will convert your pouunds to baht at the offshore rate and send baht to Kasikorn. You should tell Kasikorn that you want to send pounds to them.

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Yes, it's KASITHBK, but you should be very careful to get the exact transfer instructions from Kasikorn, including their "correspondent bank" details for sending pounds. Otherwise your bank in the UK will convert your pouunds to baht at the offshore rate and send baht to Kasikorn. You should tell Kasikorn that you want to send pounds to them.

Good advice sonicdragon, thanks.

All I need to do now is make my partner understand these simple instructions :o

:D

Thanks again, Nikkijah :D

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I've just spoken with my bank and they say I will have to pay a minimum of £17 and the transfer can only be done using some kind of telegram(??)

Western Union it is then(again) :o

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I bank with the Halifax and used to use them to send money over. All I needed was bank name, bank address, her name, her account.

But now I just go to the post office and use "MoneyGram" its a much easier method(I find) to send money over. Its pretty instant and there are loads of places where she can collect from. Contact the postoffice or web site for more details. It also worked out cheaper than Halifax.

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I bank with the Halifax and used to use them to send money over. All I needed was bank name, bank address, her name, her account.

But now I just go to the post office and use "MoneyGram" its a much easier method(I find) to send money over. Its pretty instant and there are loads of places where she can collect from. Contact the postoffice or web site for more details. It also worked out cheaper than Halifax.

How much did you pay with the Halifax chang? I was quoted 17 quid! I jsut checked out the moneygram website and the fees are as scandalous as Western Unions! 18 quid to send 200! :o Western Union is only 14 quid for the same amount, I wouldn't recommend moneygram to anybody...

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SWIFT is not really set up to move small amounts of money

as their charges are fixed. It's a good system if you want to

transfer 20 k pounds since the charges are only 0.1%, but

by sending only 200 you get charged about 10%.

There is no way to cheaply send that money, unfortunately. :o

I you think you may need to do these transfers on an irregular basis,

then next time you are in Thailand, open a savings account with online banking facilities.

That way you can leave some funds in the account and make transfers (from UK) to

another Thai account for a fee of only 30 baht per transfer.

Not all Thai banks have good online banking, I suggest Kasikorn Bank, forget

Siam Commercial for online banking.

Naka.

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i have started using moneybookers.com. the only problem with them is that it takes a few days to upload money to your online account and then a couple of days to withdraw it into your thai bank account. However the fees seem to be very low and if you plan in advance the time it takes is no problem

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I you think you may need to do these transfers on an irregular basis,

then next time you are in Thailand, open a savings account with online banking facilities.

That way you can leave some funds in the account and make transfers (from UK) to

another Thai account for a fee of only 30 baht per transfer.

Not all Thai banks have good online banking, I suggest Kasikorn Bank, forget

Siam Commercial for online banking.

Naka.

Cheers Naka, I have a savings account with online banking with Kasikorn, so how do I do a transfer for only B30? Do you mean by transferring larger amounts?

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When you login to kbank cyberbanking (or whatever they call it) it should be pretty obviuos from there how to do a transfer - if your partner has an accoutn with kbank in the same district there will then be no charge.

Another, much cheaper alternative is to open a nationwide flex account and send your partner the atm card - then when you want to give money you just trasnfer however much to your nationwide account and tell them to go to the atm and how much to withdraw. Then when they have withdrawn move the money out. Oh make sure you get an acount that doesnt have an overdraft facility, then when they try to take out 50000 baht after yo said 5000, they'll get told that the transaction cant be done, not you being told your liable to some hideous, illegal unauthorised overdraft fee !

HTH

PS if you have kbank savings you can also get a webcard (online credit card) and can then get a thai paypal account witjh full priviledges and can transfer money using paypal - but this will be at the offshore rate.

All the above has been discussed a lot before on TV...

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When you login to kbank cyberbanking (or whatever they call it) it should be pretty obviuos from there how to do a transfer - if your partner has an accoutn with kbank in the same district there will then be no charge.

Another, much cheaper alternative is to open a nationwide flex account and send your partner the atm card - then when you want to give money you just trasnfer however much to your nationwide account and tell them to go to the atm and how much to withdraw. Then when they have withdrawn move the money out. Oh make sure you get an acount that doesnt have an overdraft facility, then when they try to take out 50000 baht after yo said 5000, they'll get told that the transaction cant be done, not you being told your liable to some hideous, illegal unauthorised overdraft fee !

HTH

PS if you have kbank savings you can also get a webcard (online credit card) and can then get a thai paypal account witjh full priviledges and can transfer money using paypal - but this will be at the offshore rate.

All the above has been discussed a lot before on TV...

Yes it has all been discussed before Khun Bob, but I think you misunderstood/misread my questions...

I have a Halifax account in the UK, I want to transfer money from that into my partners Kasikorn bank account, which I also mentioned is a savings account.

The account also has K-cyber banking but that also doesn't help me.

Thanks for lesson on how to control my partner like a baby though :o

Bank accounts are very difficult to open in the UK now unless you deposit a large amount into it when opening it, this subject has been widely covered somewhere else also...

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Bob's just given you the best advice you'll get on here. Go and open a Nationwide Flexaccount. They're no more difficult to open than any other current account. The ATM card that you'll get with the account will allow you (or your partner) to withdraw money from any ATM in Thailand with no fees or costs at all.

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Bob's just given you the best advice you'll get on here. Go and open a Nationwide Flexaccount. They're no more difficult to open than any other current account. The ATM card that you'll get with the account will allow you (or your partner) to withdraw money from any ATM in Thailand with no fees or costs at all.

Thanks but I have asked in all the banks in my town if I can open an account just last month and they told me that unless I am on the electoral register or have a large sum of money to deposit I am UNABLE to open an account.

EDIT/ I also need to show my employers name and address and my income details and I am unable to produce these

Good advice if it applies to people who either already have an existing Nationwide account or are able to open one.

I was asking questions on how to transfer from my HALIFAX account to my partners Kasikorn bank but it seems that the charges are too high.

Thanks for your replies.

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BANGKOK 25 July 2017 17:52
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