onlycw Posted June 2, 2017 Share Posted June 2, 2017 Well, I've been transferring money from HSBC UK to Bank of Ayuthaya for years. In the past, the "mid spread" rate at www.xe.com worked out okay. 7 months ago, even more THB were credited than anticipated. But the last 10 days, the shortfall has been thousands of THB per transfer or adiscrepancy of about 2%. that's steep. Is some other Thai bank less greedy? Have you observed a similar deterioration in fair forex pricing? Link to comment Share on other sites More sharing options...
steven100 Posted June 2, 2017 Share Posted June 2, 2017 well the BP did drop last week according to rates posted ... so maybe it's possible although 2% is alot. Link to comment Share on other sites More sharing options...
lopburi3 Posted June 2, 2017 Share Posted June 2, 2017 They provide less exchange than Bangkok Bank for check today but are you sure there are not other factors involved? Like you HSBC bank charge or cost of there transfer? Or are they sending baht? The exchange rate today was 43.55871 for UK pound at Krungsri plus there would be a normal charge of 1/4% in range 200-500 baht I suspect. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now