Flash500 Posted May 5, 2008 Share Posted May 5, 2008 Currently I receieve my UK salary in GBP into my UK Nationwide account which doesn't charge commision on overseas transactions so I just withdraw as and when, with the usual £300 a day max. in thai bahts at the current exchange rate. I have a £10k payment due which I could do the same and maybe wait for the rate to get a bit better , but I thought I would ask on here if there is a better way of doing it?? Maybe getting it paid into my thai bank account direct? but not sure if I can negotiate a favourable rate with thai bank? Any suggestion would be gratefully received. Link to comment Share on other sites More sharing options...
naka Posted May 5, 2008 Share Posted May 5, 2008 You will probably get a better exchange rate if you do a single Bank to Bank electronic transfer (SWIFT) Unfortunately huh! British banks seem not to like posting their rates online ... I wonder why ? You would need to talk to your bank re this. Naka. Link to comment Share on other sites More sharing options...
Chang_paarp Posted May 6, 2008 Share Posted May 6, 2008 To add to Naka's comments send British pounds to your Thai account and get the money changed here as you will get a better exchange rate. Link to comment Share on other sites More sharing options...
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