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Another Swift Question...

Featured Replies

I know this has many threads and I have used the search facility to try and answer my question but there's a few points I want to clarify.

When sending to BKK Bank from UK bank, I've heard that they sometimes sit on the money for long periods before crediting your account. If this is the case, my perfect timing to get the exchange rate as it peaks would be wasted... Do they sit on the money with SWIFT?

Also, as they won't let me set up internet banking, will they give my balance over the phone if I call them to check if the transaction has completed?

I have never had SWIFT transfer taken more than two workdays in last six years of using it from USA.

You can obtain account information from computer if you have an atm card number/pin by calling Bualuang Phone 1333 or (66) 0-2645-5555

If you have a SWIFT transfer understanding with your

bank, the delay should be minimal.

I did my first xfer by depositing a check. It took nearly

four weeks for it to make it to my acct here even though

the money left my California bank in three days.

Something about having to go through their NY branch

for clearance. I think they just want an excuse for the

float.

Anyway, SWIFT is the way to go for large sums.

:o

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