Hi

Can any one tell me the best rate / method to transfer maybe 2m bht from UK to Thailand for house purchase

Also what i should should not do to make the house purchase legal

thanks

For 2m Baht, SWIFT transfer in STERLING from a UK bank account to a Thai bank account.

Even with the SWIFT and receiving bank fees you WILL be better off overall than using a Forex company, PayPal or Western Union.

I sent £50,000 in October and believe me, I did a lot of research.

As for buying a house, you will NEVER own the land on which it is built, so be very careful how you spend your money !

PS. I have just seen your other thread, look into a USUFRUCT over the land and house.

Also, if you tell the Thai bank a large amount is coming, the Head Office CAN offer you a slightly better rate, my wife managed to get a few satang more per pound by calling SCB as advised by another forum member.

Edited December 15, 201411 yr by The Fat Controller

spot on TFC.

when you send it bill dont forget to ad aditional info. the money is to buy a house.

thanks to you both

good advice very appreciated

Yes the Usufruct is the way i am doing the land lease

just wanted to make sure i cover myself the best i can

once again a sincere thanks

Under certain circumstances, foreigners can legally acquire land according to this article: Acquisition of Land by non-Thai citizens

yes if you have 40 million baht to invest (ahem ! )

For 2m Baht, SWIFT transfer in STERLING from a UK bank account to a Thai bank account.

Even with the SWIFT and receiving bank fees you WILL be better off overall than using a Forex company, PayPal or Western Union.

I sent £50,000 in October and believe me, I did a lot of research.

As for buying a house, you will NEVER own the land on which it is built, so be very careful how you spend your money !

PS. I have just seen your other thread, look into a USUFRUCT over the land and house.

Also, if you tell the Thai bank a large amount is coming, the Head Office CAN offer you a slightly better rate, my wife managed to get a few satang more per pound by calling SCB as advised by another forum member.

Can you please tell us which Forex company. I always thought PayPal/Western Union were expensive. I am transferring 50,000 pounds as well soon so each satang counts.

For 2m Baht, SWIFT transfer in STERLING from a UK bank account to a Thai bank account.

Even with the SWIFT and receiving bank fees you WILL be better off overall than using a Forex company, PayPal or Western Union.

I sent £50,000 in October and believe me, I did a lot of research.

As for buying a house, you will NEVER own the land on which it is built, so be very careful how you spend your money !

PS. I have just seen your other thread, look into a USUFRUCT over the land and house.

Also, if you tell the Thai bank a large amount is coming, the Head Office CAN offer you a slightly better rate, my wife managed to get a few satang more per pound by calling SCB as advised by another forum member.

Can you please tell us which Forex company. I always thought PayPal/Western Union were expensive. I am transferring 50,000 pounds as well soon so each satang counts.

He said DON'T use a forex company, make a SWIFT transfer via your bank.

Sophon

For 2m Baht, SWIFT transfer in STERLING from a UK bank account to a Thai bank account.

Even with the SWIFT and receiving bank fees you WILL be better off overall than using a Forex company, PayPal or Western Union.

I sent £50,000 in October and believe me, I did a lot of research.

As for buying a house, you will NEVER own the land on which it is built, so be very careful how you spend your money !

PS. I have just seen your other thread, look into a USUFRUCT over the land and house.

Also, if you tell the Thai bank a large amount is coming, the Head Office CAN offer you a slightly better rate, my wife managed to get a few satang more per pound by calling SCB as advised by another forum member.

Can you please tell us which Forex company. I always thought PayPal/Western Union were expensive. I am transferring 50,000 pounds as well soon so each satang counts.

He said DON'T use a forex company, make a SWIFT transfer via your bank.

Sophon

Sorry i misread his original post.