if i were to invest capital in the u.k........what is the cheapest way to transfer interest on the investments to thailand.....where i propose to retire
many thanks in advance
2007-03-25 10:18:03 · 6 answers · asked by atlanticviewer 2 in Travel ➔ Asia Pacific ➔ Thailand
I have a bank account in my home country and use an ATM card to withdraw funds when I need it. Also you could check to see if your Bank will set up some automatic tranfer of funds overseas on a regular basis. You would need to check for a bank which will offer online banking and either no fee or small fee for ATM use and low transfer fees, no matter which way you go your going to have to pay some fees. These are just a few ways to transfer your funds from overseas. Good Luck.
2007-03-25 11:46:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm also looking for the cheapest (new) way to send money. So far https://transferwise.com/u/fc49f4/ serves the purpose with free transfer service. Really worth trying once for transfers upto $4500 as saves money. I complain about money transfers as I am expatriate. Then a friend referred to a simple place to go for money transfers - transferwise and also comparison site like moneytis.com and compare remit. But best feature is minute by minute updated exchange rate which can be compared online and decided upon. For USA-to-India: Xoom (company) and Western Union are leaders in the online segment by far but not so good on pocket. Among "startups", TransferWise and Remitly started supporting this corridor few months ago, but remitly has no exciting offer. Remittance setups into India are regulated by the Reserve Bank of India (RBI). Hope to see more exciting offers.
2016-01-21 17:24:30 · answer #2 · answered by ? 1 · 0⤊ 0⤋
Do a wire transfer from your UK bank to your Thailand bank. You are only allowed a saving account here in Thailand.
2007-03-27 02:32:51 · answer #3 · answered by BangkokBob 4 · 0⤊ 0⤋
I have a bank acct in USA and mostly withdraw through an ATM - - there was a recent crisis of getting lower rates for "offshore" money but fortunately I have been salting away money here and was able to rely on my Thai bank account, but things are back to normal w/ATM and I am back to using that - - keep your eyes open and have some flexibility..
2007-03-25 13:52:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋
beside atm card u can use credit cards visa n master.
2007-03-25 15:49:07 · answer #5 · answered by robert KS LEE. 6 · 0⤊ 0⤋
You might be able to use xoom.com. Check out their website.
2007-03-27 16:36:16 · answer #6 · answered by Anonymous · 0⤊ 0⤋