CO-CO
Rather wrinkly & occasionally cantankerous member
You must get more than £11,850 in pension and rental income...............................
PPF Pension Payments
- Thread starter Yorky
- Start date
You must get more than £11,850 in pension and rental income...............................
E
Eanto
Guest
12.5 this April
CO-CO
Rather wrinkly & occasionally cantankerous member
E
Eanto
Guest
Nowt fictitious about them!
Yorky
Fullritis Member
Question: If Sterling is being converted to Thai Baht prior to arriving at Kasikorn Bank, is there any charge levied by Kasikorn Bank for the deposit?
CO-CO
Rather wrinkly & occasionally cantankerous member
Yorky
Fullritis Member
I've never transferred Bht (until just recently) so I have no idea. I cannot imagine if there's no charge from one entity that there will be charge from another.
I can therefore confirm that the exchange rate effected by Citibank in early December (around 5th/6th) was 37.63 (unless someone else is taking a cut).
CO-CO
Rather wrinkly & occasionally cantankerous member
Bank to bank there may be....................... by comparison in my time in the bank the charge was 6 Quid for a "clean inward payment" i.e. Sterling come into a Sterling account from abroad.
Yorky
Fullritis Member
The next question is: does a UK bank charge for transferring monies [in Sterling] to Transferwise? (In my case NatWest International).
nomad97
Resident Geek
I cannot answer your question as I do not bank with NatWest Int. However, I can tell you when I do an online transfer from Lloyds Bank (IOM) to Transferwise there is no charge involved.
Merlin
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There was no charge made by my daughter-in-law's bank when she used TransferWise a week or two ago to pay a 16,200thb deposit for their hotel room in Koh Chang. She had a guaranteed rate of 41.39150thb/£ too, which was good value and necessary to ensure that the hotel received the correct amount in Baht. TransferWise charged her £4.44 for the service.
CO-CO
Rather wrinkly & occasionally cantankerous member
No... you do it online UK bank to UK bank.... TW bank with Barclays, Shoreditch.
(not far from Browns and the Axe - 2 lap dancing venues of some repute)
Yorky
Fullritis Member
I wouldn't know anything about lap dancing.
I think that I would only be looking at maybe 3 or 4 transfers/year if I get the PPF to deposit my "compensation" into my NatWest account. Just a matter of keeping my head above water with Thai Immigration.
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Rather wrinkly & occasionally cantankerous member
Yorky
Fullritis Member
I must correct that. I had miscalculated the income tax deducted from my company pension. The rate used by Citibank was actually higher than the Kasikorn Bank (but less than transferwise). What a cock up!
Prakhonchai Nick
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You are on a winner then. Not just a decent rate, but a bailed out pension
