Jump to content

Transfering Money From Us Curreny To Thai Currency


tippana

Recommended Posts

Hi,

Need advice from those experience transfering money from US curreny to Thai curreny. We plan to buy condo in Thailand so will be tranfering large sum of money from the US Bank to Thai bank.

What is the best way in term of rate and cost?

Many thanks,

Link to comment
Share on other sites

1. go to a bank

> Krung Thai, for example

2. open an account

>be sure to explain to them that you'll be transferring money from the US - it's a good time to get an ATM card

3. transfer money electronically from US account to Thai account

>you'll need to complete a transfer agreement from the US bank, and then fax it to them when you have the Thai account info

4. have them exchange the USD to THB

It really is as simple as that.

Link to comment
Share on other sites

To have a condo registered in your name, you will need to transfer in USD with the conversion to Baht being made in Thailand, and you must ensure that your US bank clearly indicates that the transfer is for the specific purpose of buying a condo.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...