Hi guys,

 

I did a search on the forum and couldn't really find the answers and was hoping on some guidance.

 

Scenario: Employed in Bangkok. Work Permit. Deposits salary to Bangkok Bank / SCB (or i presume any local bank)

 

Objective: Want to send money home in THB salary to Singapore bank in SGD account.

 

Solutions: Is wire/cable transfer the easiest or Western Union?

 

 - Is it more efficient to send money home monthly or accumulate them by quarters? 

- not looking for the fastest way, looking for the safest way.

 

Appreciate any input. Thank you

 

Electronic (SWIFT) transfer takes about 3 business days. While I haven't done it in a few years, it cost B 400/time at Bangkok Bank. I believe there is an annual limit of US $25,000 imposed by the Bank of Thailand. Western Union is slightly faster, and a bit more expensive.