Could anyone tell me which transfer app gets you the best deal for your buck? Moneygram looks to be the better option, though would anyone happen to know if this is a guaranteed fixed rate or Will other fees apply besides the $.50 when transferring from online bank to direct bank?
TIA!
TLDR : Answer Summary
The discussion centers around finding the best money transfer app for sending dollars from the USA to Thailand. Users shared experiences with MoneyGram and Wise (TransferWise), with some finding MoneyGram to give a better exchange rate for baht. Fees were a concern, as MoneyGram also charges an extra fee aside from the initial cost. It was mentioned that using Wise is fast and tends to provide more favorable rates, despite recent fee increases. Some comments addressed regulatory limits on transfers, clarifying that while some banks may have a limit of 50,000 THB per transaction, others like Bangkok Bank do not.