Money from Abroad.

Post by **dutchdog3000** » February 25, 2015, 6:01 am

Current ozforex aus to thai baht is 25.45 today and that's wat u will actually get and bangkok bank is 24.8, but u will actually only get about 23.8 from my past experiences regards

Post by **wazza** » February 25, 2015, 6:08 am

At 1608 yesterday i got 25.18 via TT transfer from Commbank.

Post by **dutchdog3000** » February 25, 2015, 6:15 am

wazza wrote:At 1608 yesterday i got 25.18 via TT transfer from Commbank.

well that's a great rate, I stand corrected, maybe I should move back to commbank, for only $22.00 fee and basically instant receipt its well worth it thanks wazza

Post by **noosard** » February 25, 2015, 7:34 am

I have used ozforex but over the last couple of years been using HiFX
If you send 10k at a time there is no charge on the Australian end and only pay at Thai bank
this transfer can take 3-4 days so that can be annoying
pays to be prepared

Post by **Hoopoe** » February 28, 2015, 3:55 am

Having done quite a bit of research on foreign exchange company's ,(because I'm a tight git )it transpire's there are company's that offer no FEE"S etc but always after logging onto their site's then find the advertised rate is always higher than the possible rate that you can get ( as much as 6 percent in some cases ) so this is what i found ( and when questioned they all agreed )if send small amounts of funds it could be better than some high street banks !! but when sending larger amounts eg 2000 GBP ,my bank charges 32 GBP for transfers upto 10000 GPB , i send it in sterling to BKK Bank the exchange rate is the international rate which is better than the advertised BKK Bank rate, so once a year or so i send over one lump sum ,when questioned the foreign exchange companys agreed they can't beat this ,you've got to bear in mind these company's are not in this business for your benefit, hope this help's ,all info got from Uk company's only ,

Post by **wazza** » February 28, 2015, 4:19 am

The BKK Bank has a few buying rates.

TC

Cash

TT which is normally a few points better than cash or TC. This is what rate i get on my funds