If I transfer € 10.000 to the Kasikorn via Wise and Wise says that they will deposit 367.514,39 Baht (Wise costs have already been paid by then) do I also have to pay costs to the Kasikorn for the credit?

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First of all, many thanks to everyone for the many responses to my question about transferring my pension with an extra cost of 15 euros each time. At the same time I also apologize for the (due to personal circumstances) very late response on my part.

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Bank costs for transferring pension?

By Submitted Message
Posted in Reader question
Tags: ,
24 August 2022

I have a question about bank costs that are charged when transferring my pension. My pension was transferred to another pension fund on 1 April. This pension fund continues to insist that the Bangkok Bank quite coincidentally demanded that from that date pension funds from the Netherlands must pass through the German Bank.

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Withdrawals at Thanachart Bank ATMs

By Submitted Message
Posted in Reader question
Tags: , , , ,
June 19, 2022

Does anyone have experience with ATMs from the Thanachart bank, which would give a higher limit than 20.000 Bath when withdrawing money? So cheaper as the 220 Bath costs would only be charged once.

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Recently I found out that my bank GSB charges 2.000 baht (!) every month for mobile banking. 150 baht is charged every year for using ATM.

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Does anyone know about transfer costs when transferring an amount in euros from a Dutch bank to a Thai bank via internet banking Private? I do a transfer every month with SHA as a transfer fee of 6 euros, but the last one of September now has an additional transfer fee of 15 euros via a German bank (stated separately on the receipt receipt from the Thai Bank) which I do not understand and this has also not been deducted at my Dutch bank.

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On September 1st I received a message from ING with the title World payments improved, but there is a big snake in the grass.

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Sometimes there are posts on Thailand blog about the cheapest way to transfer money to Thailand. Cash exchange is probably the cheapest. But when transferring money, Transferwise is a good option. That has been said many times before. Here is an example with concrete amounts.

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Dutch holidaymakers lose € 384,19 million annually in hidden bank costs. They receive this bill when they go on holiday outside the euro zone and pay in a different currency.

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