Money transfer to Bangkok

[Big Allan]

Hi All,

 

I have scheduled HT with Dr. Path and want to transfer money for initial deposit. Can anybody let me know, safe and secure website to transfer money to Bangkok?

[wb280]

Hi Allan, wat do u mean safe and secure site? You just simply wire the money to their account, nobody will hi jack.

 

For me, i paid deposit to Dr Pat and for the remaining, i brot in cash

[monkey]

Do a wire transfer from your home bank direct to Dr Paths, BUT MAKE SURE YOU SEND IN YOUR HOME CURRENCY - DO NOT SEND IN BAHT.

 

The reason for this is Thailand works on dual exchange rates. The onshore rate - and the offshore rate. If you convert before you send (ie get your back to send X baht), you will be converted at the offshore rate, which is significantly lower.

 

If you send in your own currency (for example US$) - then the money will be converted at the Thai end, and thus you will get the onshore rates.

 

Also, when it asks "which end do you wish to pay the fees" - choose Thailand, unless your bank is particularly cheap - as the fee is only 50baht here

[Big Allan]

Monkey:

 

Can you please send me site name where you did the wire transfer?

 

Allan

[NotUrAvg]

like Monkey said, use your own bank for the transfer... no need for a website. I walked to my local Wachovia branch, gave them Dr. Path's info, and they did the transfer there in minutes.

 

I wish I knew to transfer in USD, and have the money converted with the onshore rates. That would've saved me hundreds probably.

[monkey]

Don't worry NotUrAvg, I just checked the rates now, and they aren't so different anymore (it used to be a big gap)

 

Currently offshore will give you roughly:

1gbp = 47.6baht

 

Onshore:

1gbp= 50.4baht

[wb280]

Dudes, dun worry abt the rates Its the waiting time for hair to grow thats tough to swallow! I figured we did our surgeries abt the same time, so lets wish each other best of luck and keep the updates coming!

[NotUrAvg]

cheers to that!