ezzra Posted August 19, 2021 Share Posted August 19, 2021 Now that Thai banks are no longer assume responsibilities for our money in their safe keeping and among other reasons, i'm looking for the best and way to remit back big chunks of THB to AUD, meaning best institution to do it with and also best exchange rates where possible, there are talks of the AUD in danger of going below USD 0.70 cents owing to the bad exports of iron ore and coal climate to China, and that IMO will be good time to do such transfers... Link to comment Share on other sites More sharing options...
clivebaxter Posted August 19, 2021 Share Posted August 19, 2021 Dee money unless you take it out yourself on a flight, exchange rate is not so good 1 Link to comment Share on other sites More sharing options...
wombat Posted August 20, 2021 Share Posted August 20, 2021 19 hours ago, clivebaxter said: take it out yourself on a flight As a big mofo gold chain necklace of 99.99 Thai gold 1 Link to comment Share on other sites More sharing options...
ezzra Posted August 20, 2021 Author Share Posted August 20, 2021 16 minutes ago, wombat said: As a big mofo gold chain necklace of 99.99 Thai gold I'll be looking like Mr. T if i'm to wrap myself with all those gold chains... Link to comment Share on other sites More sharing options...
Popular Post mark5335 Posted August 20, 2021 Popular Post Share Posted August 20, 2021 Quote Now that Thai banks are no longer assume responsibilities for our money in their safe keeping and among other reasons, Not exactly, it's the government guarantee for certain bank deposits that has fallen away (gradually and transparent manner) since the GFC. You still have a bank guarantee from mostly investment grade Thai banks for your deposits, just no longer a government guarantee. The banks remain responsible for your money deposited with them. In fact, if you bank with one of the 5 'systemically important banks' in Thailand, then there is no question that the Bank of Thailand/Government would support them in a liquidity crisis. Quote i'm looking for the best and way to remit back big chunks of THB to AUD, meaning best institution to do it with and also If big chunk means up to 2MB, then consider Dee Money is probably your best option. The account set up is quite painless, quick and doesn't require a visit to their office. I set up an account with them early this month via online and SMS. 2 1 Link to comment Share on other sites More sharing options...
orchidfan Posted August 20, 2021 Share Posted August 20, 2021 Deemoney was quick and convenient with often no charges for the first transfer. Reasonable exchange rate. Phone app. The only thing I had to do was go to Bangkok Bank and change the daily withdrawals limit from the default. I did this in person (99 forms and signatures ) but it may be possible on their phone app. Check them out. 1 Link to comment Share on other sites More sharing options...
YT3k72Em Posted August 22, 2021 Share Posted August 22, 2021 Go to your bank and tell them you want to send money to Australia. They should help you do it. Link to comment Share on other sites More sharing options...
Thomastm Posted September 8, 2021 Share Posted September 8, 2021 I use Deemoney to transfer funds from THB to my AUS bank and use 'Wise' (Transferwise) if i need money transferred from AUS to THB. 1 Link to comment Share on other sites More sharing options...
starky Posted September 11, 2021 Share Posted September 11, 2021 Im assuming ozforex will let you trade both ways no commission on trades over 10k and rates are locked once selected. You may have to check with them though Link to comment Share on other sites More sharing options...
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