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littlepig

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Everything posted by littlepig

  1. Thanks for replies so far. Of course Natwest do support SWIFT payments - have done so before - but only for relatively small payments. I fully accept your advice blackcab to ensure transfer is in £ which would then be exchanged to Baht by BangkokBank - thanks for pointing out. I'm in Thailand now so online would be the only option - unless I have to go back to a snowy UK to go physically into a branch. Just wondering if anyone has actually done it online with their UK bank?
  2. Hi Everyone, hoping some of you may be able to help in way of advice for the following: I will shortly be transferring funds from UK to my BangkokBank account. I understand that for a condo purchase here the funds have to be shown to have been sent from abroad. My bank in the UK, NatWest, whilst not charging fees for such transfers, do show a shockingly bad exchange rate (well below 40 Baht / £). The other issue is that the max daily transfer amount is 10k, which means I would be making the transfer at least 10 times over 10 days, taking serious hit on each. The far more cost-effective option would be to use Wise (already have an account here). They state a flat fee, with a far more decent exchange. Just wondering if any of you have transferred this way? Also, with Wise, is there a daily max to how much can be sent? The final part is that, does a transfer this way show up in my Thai bank as a Foreign Transfer, which I believe it must to satisfy requirements at the Land Office here? Any help, advice if you've had a similar dilemma would be much appreciated - many thanks in advance.

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