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FX Rates Sending Money to Thailand via Bangkok Bank London Branch

Oxx
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Oxx Gold Member

Oxx

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If I send Sterling to Thailand via Bangkok Bank's London Branch, I have two options: send in Sterling or in THB.


If I send in baht (i.e. London doing the conversion) there's a GBP 15 charge, with no receiving charge in Thailand.


If I send in Sterling there's a GBP 20 charge, and a 500 baht (maximum) receiving charge.


Obviously, sending in baht looks like the better option. However, if sending in baht, London Branch FX rate is applied, which appears to be different from the rate applied in Thailand - at least according to the bank's website.


Now, I haven't been able to find the London Branch FX rates online. Does anyone know how they compare with the Thailand rates? Are they worse to compensate for the lower charges? Or is it simply a matter of timing?



Thanks




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