another bank question

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phuketrichard
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another bank question

Post by phuketrichard »

Which bank would you all recommend using to wire ( swift transfer) from to a thai bank an what is the cost?
$ to thai baht
fyi:
there saying the thai baht might sink to 37 this year

Thanks
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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Spigzy
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Re: another bank question

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A few of the Thai banks operate here - Kasikorn, SCB (CCB here), Bangkok Bank, etc. Surely they would be the best bet in such a scenario if it is also the same bank on the Thai side?
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phuketrichard
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Re: another bank question

Post by phuketrichard »

Spigzy wrote: ↑Wed Feb 21, 2024 5:46 pm A few of the Thai banks operate here - Kasikorn, SCB (CCB here), Bangkok Bank, etc. Surely they would be the best bet in such a scenario if it is also the same bank on the Thai side?
thanks!!!i have scb here
so will look at CCB :thumb:
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Bluenose
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Re: another bank question

Post by Bluenose »

Are you talking about transfer between Thailand and Cambodia? If so, get the party in Cambodia to go down to the money shops on St 298 by Olympic market. Deposit into a Thai account, get cash or ABA transfer this end.
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phuketrichard
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Re: another bank question

Post by phuketrichard »

Bluenose wrote: ↑Wed Feb 21, 2024 6:37 pm Are you talking about transfer between Thailand and Cambodia? If so, get the party in Cambodia to go down to the money shops on St 298 by Olympic market. Deposit into a Thai account, get cash or ABA transfer this end.
no Cambodia to Thailand. I wonder if the shops would do in reverse. ?
looks like aba /canadia swift transfer will run me about $60
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Spigzy
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Re: another bank question

Post by Spigzy »

You could also try Wing or AMK to Deemoney in Thailand if that is an option, but I think limited to $5k per txn & no idea on fee sorry.
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Re: another bank question

Post by Bluenose »

phuketrichard wrote: ↑Wed Feb 21, 2024 8:33 pm
Bluenose wrote: ↑Wed Feb 21, 2024 6:37 pm Are you talking about transfer between Thailand and Cambodia? If so, get the party in Cambodia to go down to the money shops on St 298 by Olympic market. Deposit into a Thai account, get cash or ABA transfer this end.
no Cambodia to Thailand. I wonder if the shops would do in reverse. ?
looks like aba /canadia swift transfer will run me about $60
I would be surprised if they didn't, I imagine the two-way thing is what keeps them working. About 5 years ago the company I worked for used #34 on that street for transferring funds for duty payments here, often 5 figure sums. No fee, they just made it on the rate difference but it was always a better rate than banks.
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Doc67
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Re: another bank question

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phuketrichard wrote: ↑Wed Feb 21, 2024 5:16 pm Which bank would you all recommend using to wire ( swift transfer) from to a thai bank an what is the cost?
$ to thai baht
fyi:
there saying the thai baht might sink to 37 this year

Thanks
Why do you want to buy THB if you think it is going to depreciate against the USD?
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Kammekor
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Re: another bank question

Post by Kammekor »

phuketrichard wrote: ↑Wed Feb 21, 2024 5:16 pm Which bank would you all recommend using to wire ( swift transfer) from to a thai bank an what is the cost?
$ to thai baht
fyi:
there saying the thai baht might sink to 37 this year

Thanks
Currently it's less than 36 THB to the USD, so I guess the word 'sink' isn't correct.
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Alex
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Re: another bank question

Post by Alex »

Kammekor wrote: ↑Thu Feb 22, 2024 2:30 pm
phuketrichard wrote: ↑Wed Feb 21, 2024 5:16 pm Which bank would you all recommend using to wire ( swift transfer) from to a thai bank an what is the cost?
$ to thai baht
fyi:
there saying the thai baht might sink to 37 this year

Thanks
Currently it's less than 36 THB to the USD, so I guess the word 'sink' isn't correct.
Well of course, when the Thai baht sinks against the US dollar, you get more baht per dollar, such as 37 instead of 36. Nothing wrong with Richard's statement (and I hope his prediction is right).
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