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 Transfer money to Thailand

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TSArhat
post Jul 9 2020, 09:17 PM, updated 6y ago

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Has anyone transferred money to Thailand or overseas before?

What is the best exchange rate from ringgit in Malaysian banks?

The exchange rate in Maybank is bad when compared to market rate. cry.gif

This post has been edited by Arhat: Jul 9 2020, 09:17 PM
precept66
post Jul 9 2020, 09:23 PM

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Mostly by Western U because not a large amount to be concern bout xchange rate. Easier for recipient's end.
Pichu00
post Jul 9 2020, 09:24 PM

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Don't use Bank crappy rate , alot fintech can do transfer at cheap cost. TT with bank kena charge 10rm + 35usd + no so good FX rate.
Boy96
post Jul 9 2020, 09:38 PM

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Use bigpay, their rate send rm10 thai will receive 72.72 baht
SUSrtk74
post Jul 10 2020, 08:08 AM

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I use TransferWise
Maybe check over there?
SUSAud power
post Jul 10 2020, 08:38 AM

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QUOTE(Arhat @ Jul 9 2020, 09:17 PM)
Has anyone transferred money to Thailand or overseas before?

What is the best exchange rate from ringgit in Malaysian banks?

The exchange rate in Maybank is bad when compared to market rate.  cry.gif
*
Transferwise
hksgmy
post Jul 10 2020, 10:07 AM

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QUOTE(Aud power @ Jul 10 2020, 08:38 AM)
Transferwise
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I was waiting for you to offer your expert insider knowledge... and I wasn’t disappointed smile.gif
SUSAud power
post Jul 10 2020, 11:03 AM

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QUOTE(hksgmy @ Jul 10 2020, 10:07 AM)
I was waiting for you to offer your expert insider knowledge... and I wasn’t disappointed smile.gif
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Depend on the amount of money ,
if less than 10k myr then use transferwise,
if 10k to 100k myr then physically bring myr cash to exchange there
If talking 1mil myr bring cashier cheque that kind of thing
If 10mil myr then talk to your financial advisor
SuperTuhan
post Jul 11 2020, 03:33 PM

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QUOTE(rtk74 @ Jul 10 2020, 08:08 AM)
I use TransferWise
Maybe check over there?
*
QUOTE(Aud power @ Jul 10 2020, 08:38 AM)
Transferwise
*
Direct to bank account or the respective person gotta go bank n cash out?
SUSAud power
post Jul 11 2020, 03:36 PM

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QUOTE(SuperTuhan @ Jul 11 2020, 03:33 PM)
Direct to bank account or the respective person gotta go bank n cash out?
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direct la,. who still go pick up cash by hand, its not 1990
SuperTuhan
post Jul 16 2020, 03:29 PM

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QUOTE(rtk74 @ Jul 10 2020, 08:08 AM)
I use TransferWise
Maybe check over there?
*
QUOTE(Aud power @ Jul 10 2020, 08:38 AM)
Transferwise
*
How long u fellas gotta wait to transfer?

First time use transferwise, did mine on Monday 1.50pm from myr to thb

Until now also haven't transfer yet, status is Sending and mention the process is longer then usual

There's no helpline to be called?
SUSrtk74
post Jul 16 2020, 04:16 PM

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QUOTE(SuperTuhan @ Jul 16 2020, 03:29 PM)
How long u fellas gotta wait to transfer?

First time use transferwise, did mine on Monday 1.50pm from myr to thb

Until now also haven't transfer yet, status is Sending and mention the process is longer then usual

There's no helpline to be called?
*
3/4 days

for me
TSArhat
post Jul 16 2020, 06:27 PM

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QUOTE(SuperTuhan @ Jul 16 2020, 03:29 PM)
How long u fellas gotta wait to transfer?

First time use transferwise, did mine on Monday 1.50pm from myr to thb

Until now also haven't transfer yet, status is Sending and mention the process is longer then usual

There's no helpline to be called?
*
What is the exchange rate that Transferwise gave you?

The best rate is 1000 baht = 135 ringgit

https://www.xe.com/currencycharts/?from=THB&to=MYR&view=1W
SUSAud power
post Jul 16 2020, 06:54 PM

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QUOTE(SuperTuhan @ Jul 16 2020, 03:29 PM)
How long u fellas gotta wait to transfer?

First time use transferwise, did mine on Monday 1.50pm from myr to thb

Until now also haven't transfer yet, status is Sending and mention the process is longer then usual

There's no helpline to be called?
*
Meresia always slow 6-12 business hour. Other country 1 hour
phra09
post Jul 16 2020, 09:57 PM

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use western union or maybank visa direct.. almost instant and cheapest

im regular for years
MangO
post Jul 17 2020, 01:15 AM

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I only transferred a smallish amount hence I used BigPay. First time user will have transaction fee waiver and during the time I check it was cheaper than the other platforms such as Transferwise and Revolut. Do check out other alternatives for the best rates.

BigPay was very fast any money was received the next day which was surprising as I expected it to take a week.

SuperTuhan
post Jul 17 2020, 01:38 PM

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QUOTE(Arhat @ Jul 16 2020, 06:27 PM)
What is the exchange rate that Transferwise gave you?

The best rate is 1000 baht = 135 ringgit

https://www.xe.com/currencycharts/?from=THB&to=MYR&view=1W
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7.335

5th working day and there's still pending and status showing sending for 2 days already

If end of the day still no result gonna cancel the transaction
TSArhat
post Jul 17 2020, 04:16 PM

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QUOTE(SuperTuhan @ Jul 17 2020, 01:38 PM)
7.335

5th working day and there's still pending and status showing sending for 2 days already

If end of the day still no result gonna cancel the transaction
*
7.33 is low. For cash money, we can get 7.38 at Superrich.

https://www.superrichthailand.com/#!/en/exchange
SuperTuhan
post Jul 17 2020, 10:08 PM

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QUOTE(Arhat @ Jul 17 2020, 04:16 PM)
7.33 is low. For cash money, we can get 7.38 at Superrich.

https://www.superrichthailand.com/#!/en/exchange
*
Cancel the transaction already , 5th day and money not transferred.

Stupid transferwise wasted my time

Now have to wait another 5 days to get back money.

Support team takes forever to reply

This post has been edited by SuperTuhan: Jul 17 2020, 10:08 PM
TSArhat
post Jul 18 2020, 07:15 PM

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QUOTE(SuperTuhan @ Jul 17 2020, 10:08 PM)
Cancel the transaction already , 5th day and money not transferred.

Stupid transferwise wasted my time

Now have to wait another 5 days to get back money.

Support team takes forever to reply
*
Somebody suggested BigPay, try that and tell me whether it is good.



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