How can DTV holders in Thailand pay rent and utilities without a local bank account?

Danke schön bro! 🙏🏻

@Luit ****************

agreed 👍👍

@Dany *******

first set of numbers was not to Thai bank account, but just exchange within own account.

As we discussed in PM, the difference seems to be because I use a free Revolut account and you use a paid plan.

Especially in the weekends that seems to make difference.

Strange is that Wise for ne is a bit better than for you.

To make a long story short, you always have to check actual fees and rates, and they can be better when you have an account you pay for.

@Luit ****************

so now suddenly you come up with totally different numbers than you stated above. isnt that strange? 😅 and which functionality do you use in Revolut app? because you would need to input thai baht in the transfer function. you probably never used it… its different than on Wise… you go to transfers (middle button in the app). top right +. select international. thailand. select your account (i do euro). select transaction type bank (not card!!). enter the amount in thai baht.

maybe you selected a wrong transaction type (card) which comes with extra fees.

@Dany *******

for me it is 3570.77 with Wise and 3551 with Revolut.

No idea why our accounts are treated different.

Wise charges me EUR 2.42, Revolut EUR 2.38

Wise 1 EUR = 36.5933

Revolut 1 EUR = 36.3758

@Luit ****************

you can clearly see the 2,85€ fee that is automatically added / included in the 100. and above you see the rate. so make the math or believe the numbers that the app shows you.

@Luit ****************

did you ever use it for real? because first transfers are free ;) click on the fees and see for yourself. in your examples you dont include the fee.

@Dany *******

Strange, in my case the recipient gets 3570,77

@Luit ****************

you need to look at transfers and not just currency exchange inside the app. and open the fees and see

@Luit ****************

you most likely do the wrong way around. i just showed you the real transfer function in my screenshots.

@Dany *******

I did not forget anything, I just checked in both apps what 1000 THB cost including costs.

Just checked how much THB for EUR 100 like in your example

Wise 3632.25

Revolut 3601,20

@Luit ****************

you probably

forgot that Wise charges a 2,85€ fee on a 100€ transfer.

@Luit ****************

if i transfer 100€ via Revolut then the recipient gets 3621 baht. incl. fees…

so Revolut is better right now. and almost always.

@Luit ****************

if i transfer 100€ to a thai account right now then the recipient gets 3555 baht. with Wise. including all fees.

@Jef *******

i guess they are all same same in terms of business practices (account closures, support, etc.)… i have both but Revolut is cheaper, faster and allows transfers to any swift code. while Wise is limited. but they both work and differences are small.