For the Canadians out there. What is the best method(s) that you have found to transfer money from Canada to Thailand? Starting from the best Canadian bank(s) or other financial institution(s) to assist with transfers, credit card(s), Wise, and helpful bank(s) in Thailand....and etc?
Would also appreciate other expats from other countries also with helpful tips.
Thanks all!
TLDR : Answer Summary
Canadians have several options for transferring money to Thailand, including using services like Wise, CIBC, and Tangerine. Wise is popular for its favorable exchange rates and ease of use, and some users reported fast transactions. Others have suggested using Remitly for its good exchange rates and no fees on initial transfers. It's important to avoid Canadian banks converting funds to baht due to poor rates. In some cases, wires may require in-person visits to banks, and there's a risk of account closure for Canadians living abroad. A workaround involves transferring money to a family member in Canada who can then send it to Thailand.