taximan1954 Posted May 9, 2021 Share Posted May 9, 2021 Hello, Anybody got advice for sending larger sums of pounds from uk ?, Ive sent with Wise before but I think for larger sums their charges start to add up, Thanks for any tips Link to comment Share on other sites More sharing options...
DaLa Posted May 9, 2021 Share Posted May 9, 2021 I use Kasikorn frequently on a business basis. Yes the fees are important, but so is the 'smoothness' of the transaction. Try not to send over 1M and certainly never send over 2.5M ( I believe the figure is around there that serious questions are made.) I used to use SCB but they made me return home and have another invoice created and printed because the total value was £0.50pence out on a bill of £30k. Link to comment Share on other sites More sharing options...
Oxx Posted May 9, 2021 Share Posted May 9, 2021 1 hour ago, taximan1954 said: Ive sent with Wise before but I think for larger sums their charges start to add up The charges do add up, but because of getting a significantly better exchange rate you end up with more baht in your wallet. However, there's a low limit per transfer of 2 million baht. 1 1 Link to comment Share on other sites More sharing options...
scammed Posted May 9, 2021 Share Posted May 9, 2021 when transferring from home account to thai account, should i transfer in home currency or thai currency ? Link to comment Share on other sites More sharing options...
Puccini Posted May 9, 2021 Share Posted May 9, 2021 1 hour ago, scammed said: when transferring from home account to thai account, should i transfer in home currency or thai currency ? Transfers in home cuurrency give you a much better exchange rate. Link to comment Share on other sites More sharing options...
soi3eddie Posted May 9, 2021 Share Posted May 9, 2021 Always home currency. Never Thai currency. If you send in Thai currency you will be scammed by your foreign bank! Link to comment Share on other sites More sharing options...
scammed Posted May 10, 2021 Share Posted May 10, 2021 9 hours ago, Puccini said: Transfers in home cuurrency give you a much better exchange rate. thanks, i had forgotten. my home bank had changed the entire site, i started to experiment with 1000 baht transfer to see if it works and got surprised i couldnt see any tangible increase in my thai bank account, i figured with this <deleted> value i might as well use ATM Link to comment Share on other sites More sharing options...
Puccini Posted May 10, 2021 Share Posted May 10, 2021 On the online payment order form there is also a section where you have to select who pays for the fee of the recipient bank. Be sure to select the recipient for that. With some banks, one has to choose ¨split fees¨, which means that the sender pays for the fee of the sending bank and the recipient pays for the fee of the receiving bank. I once selected by mistake ¨all fees for my account¨ and this resulted in an additiol fee of EUR 25.00 for my bank´s trouble to settle the fee payment with the receiving bank. Link to comment Share on other sites More sharing options...
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