thai baht rate update

[FA-22 Raptor]

I am wondering....2 days ago, I send some $ to my tirak in BKK thru a remittance company in Goldenmile. The exchange rate was SGD$1 to THB 22.43. The moneychanger's rate there was SGD$1 to THB22.5. On top of the lower rate, I was also charged an adminstration fees of SGD$12.

My question is this....can we remit in THB instead of SGD?

[Evilectus]

Bro, I don't think we can remit using Thai baht here. The banks/remittance company opearate on S$ only.

If you have Thai baht and want to send it up, they will convert it to S$ first. Then they will calculate how much Thai baht it can change into. It is not worth it.

[FA-22 Raptor]

Originally Posted by Evilectus

Bro, I don't think we can remit using Thai baht here. The banks/remittance company opearate on S$ only.

If you have Thai baht and want to send it up, they will convert it to S$ first. Then they will calculate how much Thai baht it can change into. It is not worth it.

Thanks Bro! It seems that both ways, these remittance companies will earn. Not only they give a lower exchange rate but also charge an adminstration fees of SGD$12.

I still have some THB left over from my last trip. I will be going up again in May, guess I will save it up for then.

[yinyang]

Yesterday 26/3 -Siam Comm Bank at 22.379. Tmrw? Must ask crystal ball

[snowwolf79]

Originally Posted by yinyang

Yesterday 26/3 -Siam Comm Bank at 22.379. Tmrw? Must ask crystal ball

no need ask crystal ball lar.. ask the finance minister lor.. or me

[forumer]

will we ever see S$1 = 25 thb again?

[snowwolf79]

Originally Posted by forumer

will we ever see S$1 = 25 thb again?

let my crystal ball tell me...emmm..... not in the near future but in your dreams

[rapebill]

remittance rate as on 28 Mar 08
22.60 /$12
22.50/ $10

hope the sing $ continue to appreciate against the thai baht

[forumer]

Originally Posted by snowwolf79

let my crystal ball tell me...emmm..... not in the near future but in your dreams

gotta live with 22 for now...

[Dreamz88]

Today at MBK 22.46

[rapebill]

chinatown as on 02 Apr 08
exchage rate
22.55

[padms]

Changed last week at 22.5 Raffles Pl and found BKK rates were usually at 22.45 at most money exchange in MBK, Pratunam areas.

[jlkl]

Rate at GM on 3rd April was 22.60

[Evilectus]

GM rate on 4 Apr: $1 = 22.55B

[forumer]

thanks for the updates