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Posted

One thing you need to know is that these foreign currency accounts are not guaranteed by the Bank of Thailand. I have one due to the Baht being too strong.

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Posted
5 hours ago, UKresonant said:

Shall we say, they have a strong preference for it to be withdrawn in Baht.

I may have heard wrong but was under an impression it effectively withdrew Sterling and it was given to you in baht, or those baht were converted back to Sterling and you got a hit with the spread. It does not sound like you can take £500 out of the FCD, you get that in crisp Sterling notes, and that is all it costs you.

Posted

When I enquired about FCA with Krungsri a couple of years ago it seemed like there were were fees associated with just about anything you wanted to do, paying in, withdrawals, annual fees. At that time it just didn’t seem worth it which is why I was asking about other banks.

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