BANGKOK, Thailand – Wise has announced a major overhaul of its service in Thailand, effective summer 2026, introducing a new Bank of Thailand license, expanded features, and stricter limits.
The changes affect all customers with a Thai-registered Wise account, bringing new functions and removing others. Key dates vary between new and existing users.
Wise Thailand: When do the new rules apply – and for whom?
The first deadline is 19 May 2026, but only for customers who registered after 21 January 2026. Existing account holders who opened their account before that date will see changes take effect on 3 August 2026.
In June 2026, Wise plans to contact existing customers by email to request verification documents, as required by the Bank of Thailand. Existing Wise cards will be deactivated by September 2026; Wise will issue free replacements and contact users with details by August. Anyone who no longer lives in Thailand should update their address now, or the account will automatically fall under the new Thai rules.
What Wise Thailand can now do: Transfer Baht, use PromptPay
Residents of Thailand can now send money home directly in Baht from a local bank account or their THB balance in the Wise account, using the mid-market rate with transparent fees. This was previously not possible.
Full PromptPay integration has been added. Users can send money to any PromptPay ID – phone number or ID number – and receive via QR code. Payments at market stalls or small shops that do not accept foreign cards can now be made via the Wise app, including scan-and-pay for PromptPay QR and ThaiQR codes. Wise now also delivers physical and digital cards to addresses in Thailand, which was not available before.
What is being removed: ATMs, foreign currencies, third-country transfers
The Wise card will no longer work at Thai ATMs. Wise advises using PromptPay for cash needs. The card remains fully usable abroad, and ATM withdrawals outside Thailand are still possible.
Two further restrictions affect users who previously managed multiple currencies: transfers between two non-Thai accounts – for example, from a German to a Singaporean account – will no longer run directly through Wise Thailand. They will require two conversions: first into Baht, then into the target currency, incurring double fees. The same applies to outgoing transfers in foreign currencies: to send Euros or Dollars directly abroad, users must first convert to Baht.
Incoming payments in Euros or Dollars: automatically converted to Baht
Anyone receiving a pension or other payments in Euros into their Wise account should note: incoming foreign-currency payments will be automatically converted to Baht at the mid-market rate, with exchange fees. The money will no longer land as Euros but directly as Baht.
Users who previously waited for a favorable exchange rate lose that flexibility. Over 40 currencies can still be held and exchanged, but only if the funds originate from Thailand, not as directly received foreign currency.
Daily limits: What Wise barely communicates
Official Wise documents reveal daily limits missing from most public reports. New limits: maximum 30,000 THB per day for payments and transfers from the Wise account – this limit increases with account usage. Per transaction, a maximum of 10,000 THB applies for THB payments and THB top-ups. For conversions from Baht to other currencies, the daily limit is 750,000 THB. The outward remittance limit for international transfers from Thailand is 800,000 THB per day.
The 30,000 THB daily limit is low at launch. Users who regularly transfer larger amounts must either wait for Wise to raise the limit or use other channels. Wise does not provide specific timeframes or thresholds for when the limit will increase.
Is Wise Thailand still worthwhile?
Users who mainly use Wise to send Baht to Germany, Austria, or Switzerland benefit directly – the previous detour is eliminated. PromptPay is a real win for daily life: paying at the market or a taxi driver no longer requires a cash detour. The Wise card is now also physically available in Thailand.
Users who previously parked Euros or Dollars in Wise, or regularly transferred between two foreign accounts without Thailand involvement, lose functionality. For this group, a Wise account with an address outside Thailand will be more attractive – the new Thai rules only apply to accounts with a Thai address.
What to do now
Those without a Wise account with a Thai address need to do nothing. The changes affect only Thai-registered accounts. Those who no longer live in Thailand but still have a Thai address registered should update their address now, or the Thai licensing will apply automatically.
Existing customers with a Thai address and account opened before 21 January 2026: changes take effect on 3 August 2026; the verification request via email will come in June – prepare documents. Users who regularly transfer larger amounts should factor in the 30,000 THB daily limit. When and to what value Wise will raise the limit remains unclear – anyone who already knows they need to transfer larger sums should have an alternative channel ready. For all others, the new functions will come automatically without having to apply.
Editorial notes
This article is based on official information from Wise (wise.com/help) and independent reports as of May 2026. Product terms may change. This article does not constitute financial advice.