60% devaluation of the Danish Krone?

[Phnom Penh Trader]

13 hours ago, timendres said:

Then they required that I explain what I am going to use the money for!

 

[1FinickyOne]

22 hours ago, jacko45k said:

TT Exchange yesterday, buying at 3.00 baht, selling at 4.95 baht, quite a spread!

wow...

[NickyLouie]

21 minutes ago, Phnom Penh Trader said:

 

Some ugly B roll looking Hoes on that sail boat.

[ExpatOilWorker]

On 12/5/2022 at 8:01 AM, jacko45k said:

TT Exchange yesterday, buying at 3.00 baht, selling at 4.95 baht, quite a spread!

SuperRich is selling Danish kroner for 4.50.

 

[Lemsta69]

9 minutes ago, ExpatOilWorker said:

SuperRich is selling Danish kroner for 4.50.

 

It's the buy rate that's the problem, not the sell rate.

[ExpatOilWorker]

3 hours ago, jacko45k said:

Oh, is that what is going on with the Danish Krone here in Thailand? All fronted by TT Exchanges?

It is not only in Thailand, but also in  Egypt, Lebanon and Serbian.

[jacko45k]

7 hours ago, ExpatOilWorker said:

SuperRich is selling Danish kroner for 4.50.

But look at the buying price!

[Nong Khai Man]

On 12/5/2022 at 10:16 AM, Gsxrnz said:

I helped a few of those Russian girls out when the rouble was non-negotiable.  ????

I'll Bet You Did, You Lucky Man......555 !!

[Nong Khai Man]

11 hours ago, Phnom Penh Trader said:

First the Krone next the Euro,thank goodness for the mighty British Pound Sterling keeping tourist resorts afloat worldwide!

The Words Mighty & Pound Cannot be used in the same Sentence !!

[parabone01]

Need to revive this topic.

 

It only involves buying/selling notes, not bank transfers, right?

I need to transfer a larger amount, via my bank in Denmark and need to be sure the money don't get stuck somewhere between the banks.

 

Does the thai bank make the conversion from DKK to THB, when the money arrives, right?

 

Thank you.

[herfiehandbag]

On 12/5/2022 at 11:52 PM, Enzian said:

I just wired $2K to BK to cover my new apt (plus some) getting ready for my arrival this weekend, and Chase asked what the money was for. Family Expenses seemed to satisfy them. 

Money changing seems to have virtually ended in Europe. I spent just under the 90 day limit in the Schengen zone 2nd half this year, and spent less than 300 in Euros cash. Money changing rates are not reasonable, and ATMs can be a complicated <deleted> shoot and require some trial and error, or friends with experience. Everything, even an espresso, went on the credit cards. 

 

When I used to send money from the UK, the sending bank would always ask what it was for. I used to write something vague like "expenses", "to spend" and on one occasion " buying things". As the bank clerk explained the first time, as long as is not a particularly high sum they don't even look at the reason.

 

I suspect with the Danish Kroner, the bank's really don't want it because the quantity coming in to Thailand is too small to make it worth holding or changing.