oldsailor35 Posted June 9, 2012 Share Posted June 9, 2012 I wish to transfer an inheritance from UK to Thailand, i had considered HSBC but believe that they have withdrawn from Thailand. Does anybody recommend any other method. I will want to open a credit card and ATM facility. Link to comment Share on other sites More sharing options...
voodoomagicman Posted June 9, 2012 Share Posted June 9, 2012 Open a Thai bank account first, then transfer your sterling to a middle man ( currency trader ), I have used the FX firm for large amounts. For smaller amounts I just send Sterling from my English account straight to one of my Thai accounts. The Thai bank rates for accepting sterling via telex transfer are quite reasonable, but not for large amounts though. Not an expert but this system works for me. Regards M Link to comment Share on other sites More sharing options...
oldsailor35 Posted June 9, 2012 Author Share Posted June 9, 2012 Open a Thai bank account first, then transfer your sterling to a middle man ( currency trader ), I have used the FX firm for large amounts. For smaller amounts I just send Sterling from my English account straight to one of my Thai accounts. The Thai bank rates for accepting sterling via telex transfer are quite reasonable, but not for large amounts though. Not an expert but this system works for me. Regards M Thank you, i have a Thai account so will look at that Link to comment Share on other sites More sharing options...
MrRealDeal Posted June 9, 2012 Share Posted June 9, 2012 Since it's probabbly a larger sum you better be carefull which side transfers into Thai bht ...... Some banks unless you tell them not to will do at their end and it makes a big difference on large sums of money. The other poster does is his way probabbly for that reason as well. Link to comment Share on other sites More sharing options...
12DrinkMore Posted June 10, 2012 Share Posted June 10, 2012 The general rule is NEVER exchange THB outside of Thailand, the only exception being a private exchange between two individuals. I have not seen any specific case where that rule did not hold. Link to comment Share on other sites More sharing options...
givenall Posted June 10, 2012 Share Posted June 10, 2012 Since it's probabbly a larger sum you better be carefull which side transfers into Thai bht ...... Some banks unless you tell them not to will do at their end and it makes a big difference on large sums of money. The other poster does is his way probabbly for that reason as well. you can also keep it in Pond. i recommend you do not chage to Bth at this time Link to comment Share on other sites More sharing options...
12DrinkMore Posted June 10, 2012 Share Posted June 10, 2012 you can also keep it in Pond. i recommend you do not chage to Bth at this time Expecting a massive surge in the value of the GBP are we? Link to comment Share on other sites More sharing options...
01322521959 Posted June 12, 2012 Share Posted June 12, 2012 you can also keep it in Pond. i recommend you do not chage to Bth at this time Expecting a massive surge in the value of the GBP are we? You mean you don't know something WE do? Dear oh dear... Link to comment Share on other sites More sharing options...
Postmaster Posted June 13, 2012 Share Posted June 13, 2012 Why on earth would you need a credit card in Thailand if you are transfering an inheritance? Even if you avoid all charges I wouldn't sign up for one. Link to comment Share on other sites More sharing options...
Postmaster Posted June 13, 2012 Share Posted June 13, 2012 Excuse me, what is 'Pond' Link to comment Share on other sites More sharing options...
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