Beautiful day 🌻
Curious to know what is the best way to transfer money to Thailand from the United States , and best place for a retired person to get a Bank account
Just looking for a solid easy solution , can only travel with $20K
Thanks everyone
TLDR : Answer Summary
When transferring money from the United States to Thailand, several options were mentioned by users. Popular services include Wise, known for its favorable exchange rates and quick transfers, and Remitly. Opinions varied on using traditional banks, with some users claiming they offer competitive rates without fees, while others advocated for alternatives due to banks' higher exchange rates. It's also highlighted that travelers can bring any amount of cash, but amounts over $20,000 must be declared. For retirees wanting a bank account in Thailand, it is often suggested to ask for recommendations and be prepared to visit multiple bank branches, as policies may differ. Ultimately, having an approach that blends both bank and online transfer services could yield the best results.