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Posted

Hi

Im just wondering if it is cheaper to convert paypal funds to Thai baht before withdrawing them or withdraw them in foreign currency to the Kasikorn account.

Looking at K bank published exchange rates it does appear that its cheaper to withdraw them in foreign currency to K bank as their published rates are better than paypals. But on the other hand im not sure those rates http://www.kasikornbank.com/EN/RatesAndFees/ForeignExchange/Pages/ForeignExchange.aspx apply to PayPal wire transactions maybe they re just the rates you get for exchanging cash or "telex" whatever that is.

Posted

You will always get a better rate by converting foreign currency in Thailand, irrespective of the method you use.

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