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Jorge *******

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Jorge *******

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Should I transfer $3,000 to Thailand now with the exchange rate at 35.48 or wait for a better rate?

Jorge *******

@James ***********

glad you caught my sarcasm. Best advice is exchange when you need it or when it reaches a minimum exchange rate you set. Timing fx fluctuations is like timing the market.

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Should I transfer $3,000 to Thailand now with the exchange rate at 35.48 or wait for a better rate?

Jorge *******

@James ***********

long term, it is a major risk. However, the current volume of trade in other currencies is so small that barely makes ant difference. Are you a fx trader?. Makes me think you have an agenda to push people to exchange now...

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Should I transfer $3,000 to Thailand now with the exchange rate at 35.48 or wait for a better rate?

Jorge *******

@James ***********

take into account the 10,000 bath giveaway program from the Thao government. This will negate the downward pressure and might even strengthen the usd to over 37 bath

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Has anyone successfully used Wise for transferring funds for a condo purchase in Thailand?

Jorge *******

I used Wise and had no issues with bangkok bank issuing a letter that the funds were for property purchase and I did not specify that they were for property purchase. Just make sure the funds coming into your thai bank has the international code (funds coming from overseas).

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Thailand USD to THB Exchange Rate Currency Transfer Expat Financial Advice Foreign Exchange Wise Condo Purchase Bank Transfers Foreign Property Purchases Banking in Thailand Transfer Options

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