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Posted

Best way to transfer money from the UK? I was in touch with one company and they wanted letters from employers and utility bills which is difficult for many reasons. Any advice/reccomendations? Thanks

Posted

From my Uk account to my Thai bank account?

Yep, be sure to tell them you want the exchange rate done in Thailand or you will get a lousy rate.

Fees vary from bank to bank.

Posted

Most banks just do a SWIFT transfer from your account, no questions asked.

reading between the lines maybe this is also not an option ( difficult for many reasons ) might be a clue

Posted (edited)

Halifax charge £9.50 to transfer funds internationally via their website and the Thai receiving Bank will charge a min of 200Baht,but it's capped at 500Baht.

As advised make sure you transfer £ and do not use any UK Banks Thai exchange rate,much better rate in Thailand.

HSBC only charge £4,but that may be a Limited offer. My friend transferred £40,000 and no charge to receive the funds(unless hidden in the exchange rate)using HSBC,it takes about 3 working days the 1st,quicker after that.

That's if you have any of those accounts,nationwide used to charge £25(now £20?)for a swift transfer.

You will need the Thailand branch address as well as the account number.

Bangkok Bank in London,can transfer into a holding account in any branch and you can pick it up as your leisure. For about £20,again send in £,not Thai Baht.

Edited by MAZ3
Posted

Thanks guys for your help. I'm with Santander, trying to find out the fee now. It's is particularly helpful to know the thai banks charge is capped at 500b so thanks.

Posted (edited)

Please note that individual bank branches here do not have a separate sort code. You will need the SWIFT code for your bank, the account number and the precise name of the account. The SWIFT code for Kasikorn Thai Bank is KASITHBK and the Bangkok Bank is BKKBTHBK. I use those two so happen to have a note of them. Your account number will define the branch.

Always transfer GBP.

(edit to add final sentence)

Edited by lungbing
Posted (edited)

https://www.caxtonfx.com/. Click on International Payments. Great service only takes 3 business days for money to arrive. They dont charge a fee as there profits are gained from the exchange rate. The exchange rate are better than the rate you will get from the bank.

Edited by CFC
Posted

I currently use moneycorp.com to transfer funds from the UK to my Thai account, or to any other account for that matter, and they charge a flat fee of £8 for their express service and you can choose which currency to transfer.

Posted

Thanks guys for your help. I'm with Santander, trying to find out the fee now. It's is particularly helpful to know the thai banks charge is capped at 500b so thanks.

I have just used today from Santander UK to Bangkok bank London to My Bangkok bank in Thailand sent in sterling that way it's not a international transfer rates

Look at Bangkok banks website for more info.

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