8 replies to this topic

[spiritman]

Can any kind lads advise of the best way to safely transfer cash from Australia to los?
I plan on having my superannuation pension,transferreed each month into my Aust acct,as they will not transfer o/seas.
Then possibly using a transfer company at around $15 a month for a transfer into a thai account.
Is this the best option?
Or can i have my daughter in Aus,transfer for me each month?
Many thanks.

[Somboon]

spiritman, on 29 October 2010 - 03:28 PM, said:

Can any kind lads advise of the best way to safely transfer cash from Australia to los?
I plan on having my superannuation pension,transferreed each month into my Aust acct,as they will not transfer o/seas.
Then possibly using a transfer company at around $15 a month for a transfer into a thai account.
Is this the best option?
Or can i have my daughter in Aus,transfer for me each month?
Many thanks.

You can set up your own Overseas transfers from an Australian bank Account. I pay $20.00AUS to transfer money to my Thai account.I believe that you can alternatively have your supperannuation account pay to your Australian bank Account and then have a transfer set up with your Australian Bank to transfer money to your Thai account.

[spiritman]

Somboon, on 29 October 2010 - 04:29 PM, said:

You can set up your own Overseas transfers from an Australian bank Account. I pay $20.00AUS to transfer money to my Thai account.I believe that you can alternatively have your supperannuation account pay to your Australian bank Account and then have a transfer set up with your Australian Bank to transfer money to your Thai account.

sweet many thanx

[Fungus]

spiritman, on 29 October 2010 - 04:31 PM, said:

sweet many thanx

Consider using Ozforex.com.au? I use them fortnightly to move funds, my pension, from Europe to Oz. Under a certain amount it is 10 Euro to transfer and they charge 1% either way off the central rate of exchange. May be the same for Baht to AUD? Very competitive rate! Very happy too. Using them 9 years now.

[Robi_slo]

I opened bank account in Kasikorn bank on my name and to transfer money it cost me like 0,4% of commission on each transfer.

BR

[Lost In Loei]

I just write an American check to my Indian bank account. No fees to bring in all that nice foreign currency. takes about 5 days.

You also get the international bank to bank exchange rate. They keep the spread pretty tight so they don't get screwed on the same transactions going the other way.

Edited by Lost In Loei, 17 May 2011 - 08:54 PM.

[spiritman]

Fungus, on 17 May 2011 - 07:30 PM, said:

Consider using Ozforex.com.au? I use them fortnightly to move funds, my pension, from Europe to Oz. Under a certain amount it is 10 Euro to transfer and they charge 1% either way off the central rate of exchange. May be the same for Baht to AUD? Very competitive rate! Very happy too. Using them 9 years now.

Thanx for your reply,yes i am currently usung oz forex,small amounts transferred i.e. 2-3 thous dollars goes through fairly quickly,however have noticed for larger amounts,say $20,000 takes longer,obviously invested on the short term money market me thinks?
take care.

[Mingo]

I bank with westpac... when I transfered currency overseas ones the eachange rate was shocking. So its best to look at the exchange rate as well as the fees.

I imagine all australian bank would be just as bad.

I would have been better off sending money to myself through western union!

I have heard that forex is good too

Mingo

[spiritman]

Mingo, on 19 May 2011 - 10:17 PM, said:

I bank with westpac... when I transfered currency overseas ones the eachange rate was shocking. So its best to look at the exchange rate as well as the fees.

I imagine all australian bank would be just as bad.

I would have been better off sending money to myself through western union!

I have heard that forex is good too

Mingo

Thanx for the reply Mingo,yes with Ausforex you join up with them free of course,you pick a username and password,log on,check the current thai baht,transfer from your Aussie acct into their acct via b/pay,then book a deal,they will advise of the Baht rate before the transfer is complete. Fairly easy.