How to transfer moneys UK-TH

[Xaos]

Hi. How to transfer 58k THB someone owns me.

From uk to thailand.

WU is ridiculous.

I know Swift.

But anyone ever tried xendpay.com or azimo.com?

Xend bad reviews tho.

Thx

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[CharlieH]

Wrong forum

 

MOVED

[CharlieH]

How about Hi-fx low fee good rate.

[edwinchester]

Transferwise.....better than bank rate and 1st transfer is free. Mine took 2 days to arrive in my Thai account.

[stewartthailand]

Get them to send money in sterling from U.K. Bank to Thai bank
The fee is £4 and all the rate differences on such a small amount are negligible


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[CharlieH]

2 minutes ago, stewartthailand said:

Get them to send money in sterling from U.K. Bank to Thai bank
The fee is £4 and all the rate differences on such a small amount are negligible


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Who are you talking about that charges £4 ????

[lungbing]

HSBC for one.  But you must send GBP so it's converted over here.

[CharlieH]

50 minutes ago, lungbing said:

HSBC for one.  But you must send GBP so it's converted over here.

I wasnt doubting it, its just without saying "who" its of little use.

[Xaos]

HSBC for one.  But you must send GBP so it's converted over here.

SWIFT?


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[Xaos]

Transferwise.....better than bank rate and 1st transfer is free. Mine took 2 days to arrive in my Thai account.

I looked at it and it shows 20GBP fee on main page. Without logging in.

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[CharlieH]

Visit Hi-Fx and they charge £9 and have a better than bank rate for exchange.

 

Purchase amount  THB 58000

Rate 

 

42.3351 

Estimated sold amount

GBP  1,370.02

Transfer fee

 

GBP 9.00

Estimated total cost 

GBP   1378.96

[stewartthailand]

The OP is talking about 56,000 Baht - pretty small money so why are we talking about small fees and minuscule exchange rates
Xaos - speak to your UK bank


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[edwinchester]

8 hours ago, Xaos said:

 

I looked at it and it shows 20GBP fee on main page. Without logging in.

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If you sign up and create an account you get the free transfer.

[Phuket Man]

Transferwise. Reliable and cheap at a good rate.

[Xaos]

WU to bank acc 2.9gbp fee
Total same as TW

[taninthai]

On 08/03/2017 at 10:41 PM, CharlieH said:

Visit Hi-Fx and they charge £9 and have a better than bank rate for exchange.

 

Purchase amount  THB 58000

Rate 

 

42.3351 

Estimated sold amount

GBP  1,370.02

Transfer fee

 

GBP 9.00

Estimated total cost 

GBP   1378.96

i used hi-fx last month and was charged a fee of 1100 bht by kasikorn bank, the rate from hi-fx was good though and no transfer fee from hi-fx,i actually complained to hi-fx about the thai bank charging a transaction fee and hi-fx actually refunded the fee to my uk bank account

[Nick ZepTepi]

I've used xendpay for well over a year never had problems and it gives the best rates that track 0.2 or there about a below standard exchange rate.

Xendpay is the way!

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[seank]

Just now, taninthai said:

i used hi-fx last month and was charged a fee of 1100 bht by kasikorn bank, the rate from hi-fx was good though and no transfer fee from hi-fx,i actually complained to hi-fx about the thai bank charging a transaction fee and hi-fx actually refunded the fee to my uk bank account

I have used these guys a lot in the past, kasikorn charges me 700bt to receive THB

[CharlieH]

12 minutes ago, seank said:

I have used these guys a lot in the past, kasikorn charges me 700bt to receive THB

Claim it back from hi-fx

[taninthai]

1 hour ago, seank said:

I have used these guys a lot in the past, kasikorn charges me 700bt to receive THB

Yep after questioning kasikorn they told me they charge a certain percentage for incoming foreign transactions, mine was a 10,000 GBP Transaction.

 Below is reply I got from well worded email to hi-fx

I understand that you have been charged £25 by either the recipient bank or intermediary bank.

 

With regards to the questions you have asked, the payment was sent via SWIFT, which is how banks make international payments outside the EU.

 

We cannot comment as to why you were not charged using Transferwise as their business model could be different to ours.

 

With regards to charges on our website, they are under the FAQ’s.

 

On this occasion, we will reimburse £25 charge applied as a gesture of goodwill and in full and final settlement of this issue. To enable us to make this payment to you, please follow the steps below:

[Xaos]

I've used xendpay for well over a year never had problems and it gives the best rates that track 0.2 or there about a below standard exchange rate.

Xendpay is the way!

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Google xendpay reviews many complains

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[Nick ZepTepi]

Google xendpay reviews many complains

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My first hand experience has been 10 out of 10.
UK trustpilot say 8.4 out of 10.

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[Xaos]

Like i said western union to bank acc surprisingly was same total as transferwise

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