chickenslegs

Club

1 minute ago, VBF said:

Thank you @chickenslegs

I just went to the TW site and got that £5000 would get me 215,242.03 Baht - even (marginally) better than you said.

So...... are you saying that TW would put that sum into my SCB account in Baht and therefore SCB would not charge me anything? 

Correct. There are no charges at the Thai end, as the bank receives THB.

13 minutes ago, VBF said:

I get my UK bank to transfer Pounds to my SCB account, for which the UK bank charges me £25.

I usually transfer £4000 to £5000 in one hit.

 

SCB then converts it to Baht and I can see the transfer on my SCBEasy banking page, and as others have said it only shows a transaction occurring, a code useful to SCB and the amount in Baht that was credited. Obviously, I can calculate the overall rate from that, including all fees etc, but knowing those other details would be useful.

 

I've searched the English areas of the SCB website with no joy, so:

 

Does anyone know how much SCB  actually charges to receive UKP?

By how much do they alter the published rate?

 

If I knew that I could make an intelligent decision as to whether TW was worth trying (for me)

Right now Transferwise will put 215,177 THB into your Thai bank for a 5,000 GBP deposit.

The published exchange rate for SCB is 42.3 THB, so (even disregarding the bank charges at the Thai end) your 5,000 GBP would give you 210,442 THB.

I'm using this website for up to date rates ... https://daytodaydata.net/default.aspx

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