Transferred some money using Revolut (US based account) to Bangkok Bank.
It was more of a test, I transferred 20,000 baht.
I received 19800 baht in Bangkok Bank. It took 2/3 days.
Exchange rate:$1 = 34.714
Intermediary bank fees: 200 baht
Revolut fee: $1.73
Does this sound good to everyone? Is wise better? Are there better options than this?
TLDR : Answer Summary
This post discusses experiences with money transfers to Bangkok Bank using Revolut, with many commenting that Wise offers a quicker and often cheaper alternative. Users shared various experiences, noting that Wise can transform funds into a recognizable foreign source necessary for retirement visa extensions. While some mentioned other options like Moneygram and DeeMoney, the consensus leans toward Wise for its efficiency and competitive rates.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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