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Transferring FOREIGN CURRENCY out of Thailand


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Interesting.  

 

You typed "USB" EUR account, but later you noted "UOB" account.  I assume "USB" a typo for "UOB".

 

So for UOB you noted you had to go to the Bangkok Bank branch where you opened your account (which was in Bangkok) to transfer Euros from Thailand foreign currency account to Belgium (without going through a Thai baht conversion).

 

I note your Bangkok Bank foreign currency account was in US$.  Were you trying in that case to transfer US$ from Bangkok bank to a Belgium based US$ foreign currency account?  If so, I also wonder, did you investigate if the same was true with Bangkok Bank that was the case with UOB?  ie was your Bangkok Bank branch US$ account initially in Bangkok or N.Ratchasima?

 

Thanks for sharing.

 

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44 minutes ago, oldcpu said:

Interesting.  

You typed "USB" EUR account, but later you noted "UOB" account.  I assume "USB" a typo for "UOB".

 

Yes, a "typo".
USB should read UOB.

 

44 minutes ago, oldcpu said:

So for UOB you noted you had to go to the Bangkok Bank branch where you opened your account (which was in Bangkok) to transfer Euros from Thailand foreign currency account to Belgium (without going through a Thai baht conversion).

 

"Bangkok Bank" in your reply would be easily confused with Bangkok Bank.
I went to the UOB bank BRANCH in Bangkok.

UOB bank Korat wanted me to withdraw my EUR funds, which would be automaticly converted to Thai Baht.
The next step would be to send the funds to Belgium, which required a convertion from Thai Baht to Euro.

UOB bank in Bangkok didn't require me to do a conversion and did send the funds in EURO directly to Belgium.
 

44 minutes ago, oldcpu said:

I note your Bangkok Bank foreign currency account was in US$.  Were you trying in that case to transfer US$ from Bangkok bank to a Belgium based US$ foreign currency account?

 

Yes, I have an FCA account in Belgium in USD.
So the USD funds at the Bangkok Bank could be directly be send to Belgium without conversion.

 

44 minutes ago, oldcpu said:

  If so, I also wonder, did you investigate if the same was true with Bangkok Bank that was the case with UOB?  ie was your Bangkok Bank branch US$ account initially in Bangkok or N.Ratchasima?

 

Thanks for sharing.

 

"Bangkok Bank" Branch in Nakhon Ratchasima did move the funds directly to Belgium.
No need to go to Bangkok.

To be clair:
Bangkok Bank, Branch Nakhon Ratchasima has a Foreign Currency division which is directly connected to Bangkok Bank .
So, any transaction can be done directly from any branch.

UOB Foreign Currency branch can only be opened in Bangkok.
All transaction of the Foreign Currency account need to be done in Bangkok.
Withdrawing Foreign Currency in a local branch can only be done in Thai Baht, after contacting the Bangkok division.

UOB has no Foreign Currecy division in Korat and need for every transaction of Foreign Currency to contact their Foreign Currency Branch in Bangkok.

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Edited by Confuscious
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