This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
foreign exchange
Showing 12 questions
This page displays all the results for the Foreign Exchange tag, sorted by the most recent activity. There are a total of 12 questions that have been tagged with Foreign Exchange. Explore the questions to find discussions and information relevant to this topic.
Hi Guys, opened my two bank accounts yesterday with KASIKORNBANK in Hua Hin and now want to fund them. First to transfer money to a savings account..and a mimimum of 800k bht then transferring from there to a Fixed Deposit Account which pays some low interest, about 1%, but better than nothing. The minimum 800k bht to stay in that account to satisfy Non O immigrant requirement.
I have been having a nightmare trying to transfer money from my UK Lloyds account..with also exorbitant transfer costs. So transferred some money from my Wise account just to see the difference. The Wise transaction was done in seconds and at a good rate of 43.5bht / £.
I am now thinking of doing the balance with Wise but understand there may be issues in the future.(?). So would appreciate any advice?
And btw: didn’t need to go to immigration at all. Just took my owner documents, blue book etc., together with my passport and that was enough evidence for them to open my accounts. Thank you.
Now might be a good time to convert USD to Thai baht if you have been waiting. The Baht has had a strong run against the USD since April 2025 and the USDTHB bottomed out around 31.6 two weeks ago.
USDTHB has had a strong rally up to 32.25 on 9/25 and faces a range of resistance from 32.25 to 32.50 with the next major resistance coming up about 33.50.
I'd like to build a house. For REASONS I am interested in sending the money from USA to my wife here. How did that work? With large transfers does it get declared or flagged or? Is it taxed? What sort of rates? We know very little about taxes in Thailand- nobody in my wife's network has anyone ever had enough money to need to pay taxes.
Another dumb question but one my dumbness needs an answer to.
I'm planning to buy a second hand motor for a decent amount of coin. How do I go about paying for it through my bank account without withdrawing a large amount of cash?
US to Thailand wise transfer. They're offering an exchange rate of 35.48.
I was going to transfer $3,000. I'm in no rush So I was wondering if I should wait for a better rate or should I just pull the trigger before it goes lower? Speculations and opinions appreciated!
Wise multi currency card - just received an email that this product is finally available to Canadians. I love Wise - I use for transfers to Thailand, saves me bringing wads of cash or incurring big ATM fees. Just wondering how useful this card would be?
I posted a conversation starter here a few hours ago regarding Transferwise and the problem of getting satisfactory paperwork for Immigration. I can no longer find that post and never had any responses. from the members. Nevertheless have now had positive information from Transferwise that they can and will now provide the documentation. See attached text from their email...Carolina S. (TransferWise)
Dec 26, 16:37 CET
Hello Wayne,
Thank you for your email.
Although our transfers are processed via local transfer -from our account in Thailand to yours, we are able to provide the "*Confirmation Letter of International Funds Transfer", *also known as FET (Foreign Exchange Transaction).* *This document is what's required by Thai regulatory bodies to prove that you regularly have incoming foreign funds to your local bank account in Thailand so that you can have the permission to stay in Thailand.
So, although the money is coming technically as a local transfer, this document should suffice to prove that the money is coming from abroad. As Piret mentioned, we can't generally offer this sort of document, but as there has been a lot of interest from expats to be able to process transfers with us, then this would be the procedure that we can offer to help.
You can obtain this document once the transfer shows as completed on your TransferWise profile by following the steps in Aigar's email or by reading our article: [FET forms]([members only])
I hope I helped to provide some clarity to the way we operate, but should you have any further questions or concerns, please don't hesitate to contact us back. We are happy to help.