Let me first point out, just in case you were not aware of that yet, that I'm not a crypto fanboy, neither are interested in investing in crypto, and as such I know nothing - Nada - Zilch about crypto currencies. But it might be useful this time.
So if wanted to transfer Euro from my bank account in Belgium to Thailand, and withdraw it here in cash, how easy and quick would that be for an amount of 300.000 Euro?
Considering that the crypto I choose would not change in value, I know this is not possible, but I try to get an idea about the real cost involved, how much would the transaction for such an amount cost?
Would it be possible to transfer that amount in one go, or would it involve multiple transactions?
How easy would it be to exchange for cash in Thailand?
How much time would it take from when I transfer money from my bank to the crypto seller, and that I withdraw the cash here in Thailand.
Will there be questions asked for this amount?
I know, a lot of questions, and most likley I even forget the most important ones, but I would like to hear your answers.
In short, how viable is it to transfer that amount of money to Thailand, and withdraw it there in cash?
I should add, how much will I lose in exchange rate compared to make the transfer using SWIFT?