Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Nervous Exchange Rate -- How To Transfer?

Featured Replies

I'll need to transfer a large amount (THB 1.4m) to Thailand soon and am somewhat nervous about jittery exchange rates (CHF/THB) and not having any sort of control over it.

I do "bite sized" transfers regularly [family support] from a Swiss bank in CHF; that gets converted to THB as it hits the receiving bank 3-4 days later, at whatever exchange rate someone there sees fit. Normally, I simply foam at the mouth when I happen to get a down day (like: I lose a few hundred THB compared with previous/next days exchange rate), but with a large amount like this, there's a LARGE difference between any two banking days' exchange rates (like: a new 125cc motorbike...).

Rate fluctuations are currently quite massive, within a single day, and worse over the course of a few days. My Swiss bank tells me that they don't do "controlled" exchange rate transfers with amount under CHF 100k to THB, because THB isn't a "standard"/"convention" currency. ###### gnomes :o but what can you do... Problem is also that I currently live in Switzerland and can't quickly open a foreign-currency account in BKK. I'll also need a "tor tor sam" (proof that the funds came from abroad), because the stash of cash is destined for a condo...

Anyone with a suggestion on how to make the jittery bit a little more controllable? Thanks!

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.