Bikeman93 Posted May 13, 2017 Share Posted May 13, 2017 Just now, lkn said: For my last bank transfer, the commission was 0.034% and the rate was 0.076% lower than the day’s average (but higher than the day’s low). So compared to the day’s average rate with no commision, I lost 0.11% on the transfer. Sounds like you’re dealing with rather low amounts to arrive at a 5-10% commission. What bank you with? Link to comment Share on other sites More sharing options...
Bikeman93 Posted May 13, 2017 Share Posted May 13, 2017 11 minutes ago, Bikeman93 said: What bank you with? Hmmm?.....Thought as much Link to comment Share on other sites More sharing options...
lkn Posted May 13, 2017 Share Posted May 13, 2017 5 hours ago, Bikeman93 said: What bank you with? This was Krungthai, for amounts larger than $10,000 baht, I generally get pretty close to the market rate. Link to comment Share on other sites More sharing options...
Bikeman93 Posted May 13, 2017 Share Posted May 13, 2017 (edited) Just now, lkn said: This was Krungthai, for amounts larger than $10,000 baht, I generally get pretty close to the market rate. What currency is deposited? Their commissions seem to vary widely between currencies (0.8% for USD, 2.5% GBP & AUD commission). Edited May 13, 2017 by Bikeman93 Addition Link to comment Share on other sites More sharing options...
Bikeman93 Posted May 13, 2017 Share Posted May 13, 2017 (edited) Aussie banks sting you with lousy exchange rate and transaction fees, on top of the local fees regardless of the amount. I think the worst in the world for this. Edited May 13, 2017 by Bikeman93 Addition Link to comment Share on other sites More sharing options...
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