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Posted

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 :o , 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.

Posted

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.

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