Bank Transfer To The USA

[racyrick]

When you make a bank transfer from your Thai bank to a bank in the USA, do you send by Swift Code or do an ACH Transfer?

 

Which one is cheaper?

 

Which one is faster?   Thank you

[asiacurious]

17 minutes ago, racyrick said:

When you make a bank transfer from your Thai bank to a bank in the USA, do you send by Swift Code or do an ACH Transfer?

 

Which one is cheaper?

 

Which one is faster?   Thank you

 

Transferwise is cheapest.

[racyrick]

18 hours ago, asiacurious said:

 

Transferwise is cheapest.

Transferwise does not allow you to transfer money FROM Thailand to the USA.

You can only RECEIVE money from the USA to Thailand.

[dabhand]

Maybe look at DeeMoney as an option?

[KannikaP]

On Friday, DrJack54 was asking how to send money from USA to Thailand. Why not message each other and cut out the middle-man.

[racyrick]

2 hours ago, dabhand said:

Maybe look at DeeMoney as an option?

Thanks, I know Dee Money is cheap, but I heard of too many people having problems with them, so I'm scared to use their services.

[dabhand]

6 hours ago, racyrick said:

Thanks, I know Dee Money is cheap, but I heard of too many people having problems with them, so I'm scared to use their services.

Have used them 5/6 times this year on transfers to UK. All credited next working day as promised. Amounts not large, though. Mainly around 20k to 30k baht. Can only go by my experience and it has been OK.

[asiacurious]

On 12/13/2020 at 11:55 PM, racyrick said:

Transferwise does not allow you to transfer money FROM Thailand to the USA.

You can only RECEIVE money from the USA to Thailand.

 

Doh!  Note to self... read more carefully!