Want to transfer your pension from Belgium to Thailand?
I'm thinking of taking my retirement straight to Thailand. My question is whether it would be better if I put this in euros on a euro account or convert it directly into Thai baht. My feeling is that I should have a euro account because I can then take euros back to Belgium if I need them there.
Wise: No more costs for euros on your account
Wise announced today that it will no longer charge costs for your euro balance on the account. From August 1, you can put as many euros as you want on your Wise account free of charge.
Two questions about using Wise?
I recently moved to Thailand permanently, which is why I still have many questions. Fortunately, there is Thailandblog. Current questions are about the use of Wise, (the Belgian online bank with which money can be transferred to Thailand, which I have done several times).
Exchanging Euros for Thai Baht (Video)
This video is about exchanging money in Thailand. When you arrive in Thailand, make sure you have enough Thai baht for the first day, such as for a taxi or public transport, a cup of coffee and something to eat.
Storing money in the Netherlands or in Thailand?
It may have been a year since this blog asked for advice on holding euros or exchanging them for Thai baht. Many recommendations went in the direction of holding in euros and exchanging when the exchange rate is favourable.
I want to use Transferwise to send THB to the Netherlands (Euros). However, I do not see the Thai currency in the list of shipments.
Is this possible?
Reader question: Exchange rate of the Baht?
The exchange rate of the baht is heading towards 37 (1 euro), which is favorable for the expats here. I think that is due to the appreciation of the Euro. After the billion-dollar deal from the EU, you saw the exchange rate of the euro go up. I soon have to transfer a considerable amount from the Netherlands to Thailand. What do you think, act now or wait?
Reader question: Can I still exchange euros?
Reader question: How much Euro can I bring from Thailand to Europe?
How much Euro can/can I bring from Thailand back to Europe? I have bank receipts showing that the money was imported from Belgium, both from my Belgian and Thai bank. Where should I report this to customs at the airport?
Pay with a Belgian Master Card (KBC)?
When I pay in a shop or restaurant with my Belgian MasterCard, people regularly ask me whether I prefer to pay in Euro or in Baht. Does anyone know if that makes any difference and if so what is the cheapest?
Exchange or transfer Euros into Thai Baht now?
In July 2018 I arrived in Thailand again. Have brought cash for 2 years. Then the rate was 1 to 38, in August 1 to 39,2. Then exchanged for 5 months at Superrich. In November the rate was 1 at 35+
The EU will end its purchase program at the end of this year, interest rates are likely to rise
The European Central Bank has announced that the support program for the EU will be phased out from September through the purchase of government bonds and corporate bonds and will stop completely on December 31. In the longer term, if the program ends, it means that key interest rates could start rising again.
Reader question: The Euro
Dutch people who live in Thailand according to the course of events with the euro with suspicion. Will Italy cause the euro to implode or will this country with a national debt of more than 2.000 billion euros be kept afloat at all costs by the northern countries, including the Netherlands?
My holiday in Thailand is almost over and I haven't run out of money yet. Now I have to exchange my Thai baht to euros, but the question is where I can do this best. Is the exchange rate most favorable in the Netherlands or in Thailand?
On July 2, 2017, the Belgian De Tijd published an interview with Lex Hoogduin, professor of Monetary Economics, entitled “ECB plants the seeds of the next financial crisis”. If you are interested you can read it here: www.tijd.be
Price EUR/THB at important support level
Predicting prices is a tricky business. Some have a day job, with varying results, you can predict that.
I have been living in Thailand for almost 10 years now. Have an account with Kasikornbank almost from the start. This has slowly grown into a few accounts that I can use electronically with internet banking for various transactions.