More Baht for your Pound

[Guess]

Sadly, I have to admit I don't know exactly what the receiving Agents charges are,

Me neither but it sounds like a typical UK bank scam, a bi like charging 5 pounds to send a letter and 10 pound if you go 2 pounds over drawn without prior arrangements.

The UK banks seem to have absolutely every opportunity to charge the customer covered when they have you by the balls.

I have "politely discussed" charges that my UK bank has made and until recently they have always been withdrawn - IMHO there is now a much tougher regime on charges now in the UK than there used to be - that's why banks are nearly all in the FTSE 100 and now totally driven by profits for the men in suits instead of service for the customer.

Agreed, none of their huge profits go back into reducing service charges to customers. The laws regarding banking in the UK make it almost impossible for someone to start up any competition so the existing Cartel has the market sewn up.


Anyway back to original question, the only sending bank mentioned is NatWest and that may be an option, I am not sure. The money has got to Bank Bangkok who I have used on numerous occasions without problem, in fact I could predict to withing one hour when it would show in the ATM.

I'll pass the advice on about agents fees and make sure that all option are considered.

I have used Western Union but it is only a good option if the money is needed in a hurry and the amount is under 1,000. The used to stage the fee depending upon the amount. As said though it is as good as instant but I think their conversion rates are high as well.

Bu and sell depends upon whose perspective. I can't say I have really paid much attention. I know that the lower rate is what you get which now I come to think of it, is the buy rate in a bank.

Bank Bangkok in London are cheap because they bundle your payment in with the other much larger business sums that they are transferring everyday.