Foreign commission

[Italian guy]

Hi there,

I'm considering transferring some money to invest here in Thailand.

I know for sure that in my country is common practice negotiating the foreign commissions (the fee the bank applies) before transferring the money.

In my place the average commission is 1.5‰ and as a rule of thumb the branch director has the ability to discount up to 50% depending on the sum to be transferred.

Do you have any idea if this is something doable here in Thailand as well? I think maybe smaller banks would be more inclined to negotiate than big names... Experiences? Thoughts?

Anyway I'm probably going to start asking to banks in the next days.

[Xircal]

Dutch banks like ING charge 0,1% with a €6 minimum and €50 maximum provided you transfer in Euros and choose SHA for the beneficiary cost.

It should tell you on your own bank's site what their charges are.

For charges made by Thai banks, see here for an example: Bangkok Bank: Receive An Overseas Bank Transfer