TBWG Posted August 7, 2008 Share Posted August 7, 2008 Hi Rather lost track of what has gone on under new govt. Is there still a big differential in the offshore onshore rate or has it been scrapped? TBWG Link to comment Share on other sites More sharing options...
chiang mai Posted August 7, 2008 Share Posted August 7, 2008 (edited) HiRather lost track of what has gone on under new govt. Is there still a big differential in the offshore onshore rate or has it been scrapped? TBWG There is no longer an Offshore/Onshore Rate mechanism and the two rates have merged. In place of the latter is a 16% surcharge on British Pounds where GBP is used to purchase Thai Baht by anyone living in Gatwick. Edited August 7, 2008 by chiang mai Link to comment Share on other sites More sharing options...
TBWG Posted August 7, 2008 Author Share Posted August 7, 2008 HiRather lost track of what has gone on under new govt. Is there still a big differential in the offshore onshore rate or has it been scrapped? TBWG There is no longer an Offshore/Onshore Rate mechanism and the two rates have merged. In place of the latter is a 16% surcharge on British Pounds where GBP is used to purchase Thai Baht by anyone living in Gatwick. Hi Chiang Mai thanks for prompt response I want to transfer money to account in LOS are you saying that if I send a transfer in either Baht or £ I get hit for 16% surcharge!!!? TBWG Link to comment Share on other sites More sharing options...
johnb Posted August 7, 2008 Share Posted August 7, 2008 "where GBP is used to purchase Thai Baht by anyone living in Gatwick." TBWG - always send sterling and exchange on-shore for the best rate Johnb HiRather lost track of what has gone on under new govt. Is there still a big differential in the offshore onshore rate or has it been scrapped? TBWG There is no longer an Offshore/Onshore Rate mechanism and the two rates have merged. In place of the latter is a 16% surcharge on British Pounds where GBP is used to purchase Thai Baht by anyone living in Gatwick. Hi Chiang Mai thanks for prompt response I want to transfer money to account in LOS are you saying that if I send a transfer in either Baht or £ I get hit for 16% surcharge!!!? TBWG Link to comment Share on other sites More sharing options...
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