kranuan Posted April 7, 2014 Share Posted April 7, 2014 at todays rate 53.09 if i were to send back 3.3 mill baht how much would i end up with in uk ? thanks Link to comment Share on other sites More sharing options...
CharlieH Posted April 7, 2014 Share Posted April 7, 2014 So you dont know how to use a calculator ? 1 Link to comment Share on other sites More sharing options...
kranuan Posted April 7, 2014 Author Share Posted April 7, 2014 smart arse , yes i do but how much would the whole transfer be ? negitive idiotic reply , u must be angry with life ? Link to comment Share on other sites More sharing options...
thepool Posted April 7, 2014 Share Posted April 7, 2014 (edited) Not possible to say without knowing the various charges/fees applied by the banks . Where will the conversion take place ? That will also be a factor ! Edited April 7, 2014 by thepool 1 Link to comment Share on other sites More sharing options...
kranuan Posted April 7, 2014 Author Share Posted April 7, 2014 Not possible to say without knowing the various charges/fees applied by the banks . Where will the conversion take place ? That will also be a factor ! thanks, its not just a case of using a calculator, i imagine someone in the business world will know the hidden costs etc and could advise me approriateley. the money is going from kasikorn bank to uk bank. Link to comment Share on other sites More sharing options...
Satcommlee Posted April 7, 2014 Share Posted April 7, 2014 Sending 3.3M, are you really worried about the transfer fee? 1 Link to comment Share on other sites More sharing options...
sotsira Posted April 7, 2014 Share Posted April 7, 2014 3.3M should get you just over £60,000 in your UK bank. The selling rate today was 54.28 1 Link to comment Share on other sites More sharing options...
thepool Posted April 7, 2014 Share Posted April 7, 2014 <script type='text/javascript'>window.mod_pagespeed_start = Number(new Date());</script> 3.3M should get you just over £60,000 in your UK bank. The selling rate today was 54.28 A very simplistic calculation which fails to account for bank fees/charges Link to comment Share on other sites More sharing options...
meatboy Posted April 8, 2014 Share Posted April 8, 2014 where is your money held? why I ask some banks give more for cash transactions like bkk.bank so if they give you more baht for a pound your goner have to pay more for a gbp.eg.have a look at bkk.bank cash rates and compare with scb.I always have my gbp.sent to scb.as their t.t.rate is always a little bit more.so as you are exchanging 3.3mill.the extra you gain will cover trans.fee's. Link to comment Share on other sites More sharing options...
chiang mai Posted April 8, 2014 Share Posted April 8, 2014 I sent 1 mill to the UK a couple of months ago and CIMB charged me THB 1,400 as I recall, there were no other charges involved anywhere and of course the currency conversion was done here. Link to comment Share on other sites More sharing options...
meatboy Posted April 8, 2014 Share Posted April 8, 2014 where is your money held? why I ask some banks give more for cash transactions like bkk.bank so if they give you more baht for a pound your goner have to pay more for a gbp.eg.have a look at bkk.bank cash rates and compare with scb.I always have my gbp.sent to scb.as their t.t.rate is always a little bit more.so as you are exchanging 3.3mill.the extra you gain will cover trans.fee's. just had a quick look at ex.rates using bkk.banks calculator for 3.4million bht ex.to gbp =62,191gbp. scb.calculator for the same amount 3.4million bht.ex.to gbp =64,132gbp. sorry I put in the wrong amount but you can see there is a fair amount more if sending from scb. cm.will tell us if I'm right. 1 Link to comment Share on other sites More sharing options...
PattayaPhom Posted April 8, 2014 Share Posted April 8, 2014 As nobdoy on here would know the charges of either sending or receiving bank, your first stop shold be them...each bank has its own charges so SCB to Halifax could be totally different from Kasikorn to Lloyds. On such a small amount as 3.3 Million Baht I would imagine the charges to be minimal Link to comment Share on other sites More sharing options...
sotsira Posted April 8, 2014 Share Posted April 8, 2014 <script type='text/javascript'>window.mod_pagespeed_start = Number(new Date());</script> 3.3M should get you just over £60,000 in your UK bank. The selling rate today was 54.28 A very simplistic calculation which fails to account for bank fees/charges The banks in Thailand charge anything from 500bt to 1500bt. The Uk banks shouldn't charge anything to receive the money. So the bank charges are a minimal amount. Also the calculation should be made by using the selling rate from Baht to Sterling at the time of transaction. Thai banks will only allow the conversion to be made this way. 1 Link to comment Share on other sites More sharing options...
kranuan Posted April 8, 2014 Author Share Posted April 8, 2014 thankyou Link to comment Share on other sites More sharing options...
steven100 Posted April 9, 2014 Share Posted April 9, 2014 3,300,000 divided by 54.28 ( selling rate yesterday ) minus 1,500 baht transfer fee .... it's that easy. Rate will flutuate as this is only a example. UK bank may take a fee also. Link to comment Share on other sites More sharing options...
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