Whats The Deal With Swift?

[davejonesbkk]

I need to have some money sent from a UK bank account to my Thai account (SCB).

The amount will only be small, around 100 - 150 GBP, what are the charges with SWIFT?

Ive checked there website but it didnt seem very clear.

I was told it would be cheaper than Western Union, is this true?

David

[Jared]

Dont hold me to this but I thinks it £20 per transaction. Go online to your banks website and search for swift in the search options and it should tell you.

[beechguy]

I need to have some money sent from a UK bank account to my Thai account (SCB).

The amount will only be small, around 100 - 150 GBP, what are the charges with SWIFT?

Ive checked there website but it didnt seem very clear.

I was told it would be cheaper than Western Union, is this true?

David

I agree with jared, check with your bank. My american credit union charges $25.00 U.S. no matter how much I transfer. Also, I'm outside the U.S. and have used an exchange service that only cost about $13.00 U.S. The receiving bank will charge a small fee, 200-500 baht, depending on the bank and amount transferred. Anyway, for me it is cheaper than Western Union and funds were available next business day.

[naka]

My UK bank charges me 30 pounds for the SWIFT transaction

regardless of the amount.

Naka.