Transferring money to Thailand can be a frustrating experience, especially when you hit a daily limit.

When buying a condo in Thailand, it’s common to agree on a USD price with the seller. However, when you try to transfer the money, you might hit a daily limit on your payment method. For example, if you’re using ACH, you might be limited to $50,000 per day, including fees. This can cause delays and extra costs.

Similarly, if you’re sending money to your loved ones in Thailand, you might want to use a payment method that offers a higher limit. However, you might not know which payment method to use or what the limits are.

Wise is a popular online banking service that offers a convenient way to transfer money to Thailand.

Wise is a well-established online banking service that offers competitive exchange rates and low fees. They have a wide range of payment methods, including ACH, SWIFT, and more. However, their website might not always be clear on the limits for each payment method.

SWIFT payment method has a higher limit, but it’s not clearly stated on Wise’s website.

According to Wise’s website, the SWIFT payment method is only available for certain currencies, including USD. However, they don’t clearly state the limit for this payment method. This can be frustrating if you’re trying to transfer a large amount of money.

The limit for SWIFT payment method is at least $250,000.

After researching and talking to other users, we found that the limit for SWIFT payment method is at least $250,000. This is much higher than the ACH limit of $50,000. However, it’s always best to check with Wise directly to confirm the limit for your specific transfer.

How to use SWIFT payment method on Wise:

1. Log in to your Wise account and go to the “Send money” page.
2. Select the currency you want to send (USD in this case).
3. Choose the recipient’s country (Thailand).
4. Select the SWIFT payment method.
5. Enter the recipient’s details, including their bank account number and SWIFT code.
6. Review the transfer details and confirm.

Additional requirements for large transfers:

• Wise may require additional documentation for large transfers, including bank statements and tax filings.
• Make sure you have all the necessary documents ready before initiating the transfer.

Tips for transferring money to Thailand:

• Always check the exchange rate before initiating the transfer.
• Use a reliable online banking service like Wise to avoid extra fees and delays.
• Consider using a SWIFT payment method for large transfers.
• Make sure you have all the necessary documents ready before initiating the transfer.

By following these tips and using Wise’s SWIFT payment method, you can transfer money to Thailand without hitting a daily limit.