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markm

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Posts posted by markm

    Pattaya Ghost Town Or Not

    in Covid

    Posted

    On 8/7/2021 at 4:01 PM, Pdoggg said:

    What happens if you test positive for the plague in Pattaya?

    Maybe it's better to just stay home and not catch Covid in the first place?

    Is it joiner friendly 

    • Haha 2

    Strong Baht Weak Baht

    in Money

    Posted

    23 hours ago, Pdoggg said:

    The baht continues to weaken.

    I've heard that in times of crisis the USD and Japanese yen do well as they are perceived as being less risky than the Canadian or Aussie Dollar.  I've also heard that the AUD and CAD are natural resource plays. 

    A big part of the weakness of the baht has to do with the slow vaccine rollout. Perhaps this is also hurting the AUD.

    Thailand's need to borrow money must also be hurting the baht.  The threat of civil unrest isn't helping the baht either.  Pro-government groups are saying that protesters are using biological warfare and are trying to intentionally spread Covid in their demonstrations.

    But perhaps a weaker baht will be better for Thailand making rice, rubber,  and future tourism more affordable.

    Indeed but the Aussie dollar has made very modest gains on the Thai baht. Given that the Aussie economy is quite strong and civil unrest is nearly non existent compared to the kingdom . The Thai baht is weakening but no where near what it should be considering  everything the Thai economy is going through . 

    • Like 3

    Strong Baht Weak Baht

    in Money

    Posted

    6 hours ago, stoolpusher said:

    The Australian dollar work on commodities +a moron government so our days of getting 30 baht to $1 AUS are long gone sady . 

       I do hope the TB revovers as tourists and trade get back to normal. 

     

      Thanks for posting Mr.P , that was an interesting read.

    got 23.48 aussie dollar  on wu this morning , would prefer 25+. the better half needs to keep her 5 star status going lol 

    • Haha 2

    Money Transfer Methods

    in Money

    Posted

    On 2/25/2021 at 11:56 AM, dixon cox said:

    I've used Wise (formerly known as Transferwise) for years and have never had any issue. All completely transparent regarding fees etc..

    Here is an example of the most recent transaction to my Bangkok Bank account using Wise. Initiated on 3rd February 2021, the money transfer completed the same day. The time taken is usually less than an hour, if not just an hour or two.

    Transfer Overview
    Amount sent - 2,500 GBP
    Converts to - 102,016.53 THB
    Fee - 13.49 GBP
    Exchange rate - 41.0280

    No further fees at either end and the exchange rates are extremely favourable. Total transfer cost was 13.49 GBP.

    If you're considering joining you can use this affiliate style link provided to me by Wise:

    https://transferwise.com/invite/u/michaelb89

    Once joined you will also have your own link to share.

    Just to add, the money sent above was directly from my Wise account, which can be held in a selection of different currencies, to my Bangkok Bank account in Thailand.

    To load my Wise account from my UK bank account (in my case Natwest) is free because it is a UK bank to UK bank money transfer, not an overseas transfer. I made an online transfer just now at no cost from Natwest to Wise and it was instant. Wise has accounts in many, many different countries and currencies for this purpose.

    It is a 3-step process. Domestic bank account -> Wise -> Thai (foreign) bank account, or any overseas individual's bank account.

    do the same good service great rates 

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