thagerberg Posted October 28, 2015 Share Posted October 28, 2015 Anyone know what is the best trading option. If I have a big amount of money and need to send them to a bank account in the states from a Thai bank What is the best option. Exchange the money to Dollar in Thailand and send them over to US. Or keep them in Baht and send them over to the US Bank. What is usually the best option and rate? Any advice? Thanks Link to comment Share on other sites More sharing options...
Dale75 Posted October 29, 2015 Share Posted October 29, 2015 I haven't transferred money out of Thailand, only into Thailand. However, the same arguments apply. You will always get the best exchange rate and little or no fees if you use a currency trader. (Try Thailand Forex, online) You will buy your dollars here in Thailand and when you settle they will wire to your US account. You can send Baht to a US bank from your Thai bank but they will give you a poor exchange rate and also charge you. Using a currency trader will generally save you about 2% on the deal. Link to comment Share on other sites More sharing options...
ChaangNoi Posted October 29, 2015 Share Posted October 29, 2015 Bitcoin is an option if you want to avoid banks. Link to comment Share on other sites More sharing options...
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