Enidx1
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Sorry there are other answers on this topic, but the situation is always changing. I spoke with 3 different reps from Bangkok Bank (in English) and asked "if I send a deposit, what conversion rate will they charge me?" All said that they would charge the spot price (what you get when you google USD to THB) plus 500 baht. However, none of the prior posts on this forum seem suggest that this is the case.
I can send money via THB at something close to the spot price. But if Bangkok Bank really doesn't skim anything for a USD deposit, that is much more attractive.
Does anyone have experience with this? For example if the quoted spot price is 30.8THB per 1 USD, and I send 10 USD, will the bank deposit 308 baht?
Thanks for your help.
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My father is retired in Thailand and is very old. I'm from the US, and our local consulate is closed. Has anyone heard of people being granted entry to visit retired family members who are elderly/ill?
Spot rate/inter-rate for USD deposits to Bangkok Bank
in Jobs, Economy, Banking, Business, Investments
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Yes, mid-market rate. That is what they promised, but I am sure that they will not deliver. I sent a trail deposit. The problem with TransferWise is that there is a limit to what can be done.