Deleted
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Post by Deleted on Dec 4, 2016 4:05:15 GMT 7
I need to send some money over to an old friend, I'm not familiar with western union etc... Haaa hell no.
Could send the small amount in cash but is it likely to go missing in the postal service?
What are the alternatives?
PS its just 2000 baht, so she can post me something.
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smokie36
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Post by smokie36 on Dec 4, 2016 4:32:17 GMT 7
It will cost you more just to send it really almost with WU.
Easiest is to her Thai bank account using internet banking....all you need is her SWIFT code and address and account number.
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Post by Deleted on Dec 4, 2016 7:31:47 GMT 7
Is there any charges for that? Is that what would be called a wire transfer?
TBH I'm hoping with it being near xmas she sends me the parcel as a present out of her own money.
That leads to further complications though, like owing her c-lingus etc...
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Post by Soutpeel on Dec 4, 2016 8:30:44 GMT 7
Is there any charges for that? Is that what would be called a wire transfer? TBH I'm hoping with it being near xmas she sends me the parcel as a present out of her own money. That leads to further complications though, like owing her c-lingus etc... Yes its what used to be known as a wire transfer and yes typically there are charges, but far less than the likes of Western Union who are bandits Dont put money in the post, thats just fking daft If your in Thailand or have access to a Thai account via online just transfer...if in Thailand ATM to ATM or online tyoically costs Thb 25, if your doing an international transfer tor thb 2000thats when it will get expensive relatively speaking
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buhi
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Post by buhi on Dec 4, 2016 11:05:59 GMT 7
I use TransferWise, but that is for relatively large sums of pound to baht. There are charges , but I believe the lowest.
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Post by Fletchsmile on Dec 7, 2016 14:49:45 GMT 7
Yes on small amounts like a few thousand baht you may end up better off with someone like transferwise or bahtnet. They tend to build their profit into the exchange rates rather than charge a fee.
On the other hand if you are transferring large amounts say thousands of pounds / dollars you will like find that you end up better off doing a SWIFT transfer/ wire transfer. Ensure you send in GBP/ dollars and it is converted to THB at the onshore THB rate though.
As an example on a SWIFT transfer it may cost you say 10-20 pounds. On 10,000 pounds that's not much. 0.1% to 0.2%. However if you're only sending 50 pounds then that's still a 10 t 20 pound cost so 20% - 40%. i.e that fixed fee is a killer on small amounts but peanuts on larger amounts to get you a better rate
Western Union tends to be very poor value full stop
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smokie36
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Post by smokie36 on Dec 8, 2016 2:45:20 GMT 7
Send now or wait a few weeks? What are the crystal balls telling you....?
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Post by Soutpeel on Dec 8, 2016 9:31:00 GMT 7
Send now or wait a few weeks? What are the crystal balls telling you....? Dollar is strengthing against the THB could get to 36/36.4 before year end
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smokie36
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Post by smokie36 on Dec 8, 2016 9:32:36 GMT 7
Send now or wait a few weeks? What are the crystal balls telling you....? Dollar is strengthing against the THB could get to 36/36.4 before year end Of no interest to me....I need a forecast on the value of Lizzie's head!
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Post by Soutpeel on Dec 8, 2016 10:05:43 GMT 7
Dollar is strengthing against the THB could get to 36/36.4 before year end Of no interest to me....I need a forecast on the value of Lizzie's head! My dear Smokes you should be more specfic then in your orginal question, not all of us are interested in the Great British Riyal
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smokie36
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Post by smokie36 on Dec 8, 2016 10:07:39 GMT 7
Bangkok Bank are offering a bit over 43 right now.....give me 50 you robbing bastards!
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Post by Soutpeel on Dec 8, 2016 10:46:54 GMT 7
Bangkok Bank are offering a bit over 43 right now.....give me 50 you robbing bastards! Well your being shafted to a degree then in current trading its 45.057, to be honest think this is as good as its going to get for whats left of this year and it will back off the 45
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Deleted
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Post by Deleted on Dec 8, 2016 11:00:48 GMT 7
Bangkok Bank are offering a bit over 43 right now.....give me 50 you robbing bastards! Well your being shafted to a degree then in current trading its 45.057, to be honest think this is as good as its going to get for whats left of this year and it will back off the 45 I'm content at 45ish. I picked up cash from the bank today with a customs cover letter. I may sneak 44.8 on the street, if I get 45 anywhere I'll be delighted. In saying that I have money in my Thai accounts generated pre-Brexit. I don't want to touch it, I prefer having cash in hand plus an in country back up. I detest Internet banking when traveling and I hope to not go near that or an ATM.
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Post by rgs2001uk on Dec 8, 2016 22:02:49 GMT 7
Checked out Super Rich today in Paradise, offering 44.95 for the Mighty Pommie Peso.
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