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January 17th, 2017, 11:45
#4
Re: Money exchangee wondered
1) Open an account with the Bangkok Bank (the others can be a bit fussy with farangs) you will need your passport and a Thai correspondence address. You will be given an account book and a Be1st debit card on the spot.
2) Use a specialist currency transfer outfit to move funds (I use SAT Worldwide) DO NOT use a UK high street bank, unless the amount is less than £1k. They will cut a deal for you that is at the published rate, and make their money from a flat service charge.
You BACS them the funds and they forward the THB to your BB A/C
3) You then draw funds as needed from Thai ATMs - there is no 200 baht fee.
This way I get over 99% efficiency in converting GBP in my UK A/C to THB cash
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User who gave Like to post:
fountainhall (January 17th, 2017)
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