Hi, I am just opening my Thai bank account and wondered if anyone had advice on cheapest way of transferring large sums into the account. I can use Swift from my uk bank and have Wise and Revolut but open to any suggestions to minimise charges. Many thanks for any reply
TLDR : Answer Summary
This post discusses the various methods for transferring large sums of money into a Thai bank account from the UK. Users recommend using Wise for amounts up to £10,000, as it is often the cheapest option. For larger amounts, traditional bank SWIFT transfers may be more economical. Other options include Revolut and Western Union, each with its pros and cons. Participants also share insights on the importance of considering exchange rates and potential bank fees when making transfers.