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Money transfer and the falling baht

Brunolem
Brunolem
in Jobs, Economy, Banking, Business, Investments

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Sent money today from Singapore with TransferWise, taking advantage of the exchange rate popping above Bht23 to the SGD. Usually the money received message says 'your money will be there today', but the response today says 'it should be there April 7' - which was something of a surprise; not sure I like the change from will to should either. 

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  • MJCM
    MJCM

    How do you do instant transfers from Europe with Transferwise? Mine take approx 1 day   I Initiate the Transfer on Day 1 at around 9am (Thai Time) pay them instantly from my European account

  • tonray
    tonray

    When Western Central Banks are all racing to make interest rates close to zero...don't expect it to last too long

  • Tropposurfer
    Tropposurfer

    Transferwise is cheaper hands down as you posted. I'm a complete idiot and I use it seamlessly and pay b.gger all to move thousands from my country to a thai bank account and it's a day to do so

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1 hour ago, Stocky said:

Sent money today from Singapore with TransferWise, taking advantage of the exchange rate popping above Bht23 to the SGD. Usually the money received message says 'your money will be there today', but the response today says 'it should be there April 7' - which was something of a surprise; not sure I like the change from will to should either. 

Maybe the money is coming by land...and with all these roadblocks, it is difficult to estimate the time of arrival...

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