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Baht strength - How long?


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1 hour ago, Mike Teavee said:

I thought the Bangkok Bank in NY & London were Commercial Banking only nowadays.

I haven't used the London one for a long time, maybe 15 years. They weren't a retail branch but they did handle overseas transactions. I sent money regularly when I was purchasing a land lease and off plan house in Thailand.

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2 hours ago, Mike Teavee said:

I thought the Bangkok Bank in NY & London were Commercial Banking only nowadays.

It is Commercial only but it can be used as a pass through for transfers to Thailand, using BACS I believe. The US has the same arrangement with BBL NY using ACHA, but that causes Social Security payments a problem which can only be accessed in branch, if that method of transfer is used. Whether there would be similar issues using BBL London I don't know.

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