General Reports

[LittleBigMan]

A year and a half ago I needed to make some large transfers but from Thailand, a coffee buddy Brit always used TransferWise told me the best rate and fees but only for small amounts monthly to live.

I research on the Internet and got all the major companies doing transfers a few advertised no fees but in the end, their rates were lower no need to explain why?

Some wouldn't do large amounts especially since I wasn't doing it from my home USA After all the research I ended up where I started TransferWise they do in fact have the best rates no matter how I added up things they came out the best in the end. I remember a company World First refusing unless done in the USA?

Without going through all the details about them they aren't your normal Bank to Bank transfer you need to sign up and create an account in general from what I hear and found out large amounts can be tough.

I contacted my Bank and Credit Union problem doing a large amount I think Zeller used by Wells Fargo would do only a small amount once you build up a history they allow more. My Credit Union recommended Zoom? They didn't convert to Baht regardless even if both had their rates were lower.

So in the end, needing to get it done still my choice came down with TW, the catch working with my Credit Union I did an ACH which cost me a bit extra basically I cleared the transaction with my Credit Union moved 60,000 into my checking account with my Debit Card number, has to do four separate transfers of 15,000 the limit. I logged on to TW and completed the transaction so TW would take it from my checking account. It took a few days longer but in the end, the rate went up and it came through in my Bangkok Bank book as FTT. Today as noted TW has changed a few things and it doesn't come through in that manner which is a problem for those who need to wire money monthly to qualify for their Retirement extension. I was told by TW, prior to making the transaction to notify them you need it under FTT, but they also don't guarantee it will!

Last September, visiting home I make the final transfer also a large amount with TW, I logged on to my account make the transaction and from my research, TW has their HQ account with Wells Fargo in and. I took down the information went to my Credit Union to wire the amount to TW once that was done they send a message to me and told me completed and money in baht was now in my Bangkok Account all done within 8 hours. The rate was still the best I could find.

July of this year I did a large transfer from my Charles Schwab account once all paperwork and clearance was done being in Thailand I had to call a number and speak to confirm it was me through a voice security system I was on the phone Internationally 10 minutes tops by morning my money was sent to Bangkok Bank I got a pretty decent rate surprise me since CS doesn't transfer in Baht. Bangkok bank charges me 500 baht to convert.

Sometimes like BF you got to do what you got to do to get what you need?

[Syzygies]

I use CurrencyFair to transfer money from my Singapore account to Australia. It costs EUR 4 per transaction but my Singapore bank slugs me pretty heavily, about US $56 per tranaction. I do get a much better exchange rate though, so this more thn offsets the fees. I sometimes transfer money to a friend in Indonesia but I do that from my UK acoount. Usually the money arrives the next day but I lose a bit in the exchange rate. For some reason it exchnages from GBP to EURO then to INR. The fee is only GBP 4. I suppose it doesn't matter what you use, you either pay high fees or get a bad exchange rate.

I have a multiple currency debit card with my Singapore bank, so I don't pay fees with ATM withdrawals. I'm in China and there are no fees from the local banks when using their ATM, so this works out well.

The cost of $56 makes little sense unless you indicate what it is a percentage of the total transfer. Sounds high but not if you are transferring 10000 dollars. I agree important to get the best exchange rate so that the remaining fees can be considered to be realistic fee amount. No fees but a bad exchange rate can be much worse.

[Syzygies]

But I did try a small transfer using TransferWise a few days ago. It was easy and relatively fast at 3 days to receive the money in my Thai account. However, it cost me a whopping $20 USD to transfer $100 USD! I suppose it is much more cost effective to transfer larger sums, but this first one was only a test.

But even more worrying about continuing to use TransferWise is when the money arrives in my Thai account it is not identified as a "Foreign Transfer", which as far as I know is an absolute necessity in order for it to work as my monthly retirement visa income. It is identified as a "Transfer From Another Bank." As I said, from what I've heard and read, that will not fly with Thai Immigration as proof for the monthly income option for a retirement visa. As far as they know you are transfering from one Thai bank to another and not bringing in fresh money from outside of Thailand. It has to show up on your statement or in your updated passbook as a "Foreign Transfer."

Transferwise never cost me that much to make a transfer, so far lowest overheads I found with a reasonable time frame although time to transfer is a little inconsistent sometimes. I have to transfer firstly to my Transferwise account, no charges at my bank. Total Transferwise fee is quite small. So can't understand what you did, causing a BofA charge. Doesn't make a lot of sense to me.

My transfers are much larger than 100 dollars of course. One has to take into account total fees plus exchange rate, to determine the real overhead. could cost me $20 overhead but for a transfer of 2000 to 300 dollars, makes the overhead decline towards 1%. If I pull money from OS account at ATM, this costs me too much overhead typically (Transferwise Card to do this would have 2% overhead which is a bit too high although first 350 per month is free - O.K. for emergencies), but I am looking for ways to improve that 2% overhead. Not so easy when not in Bangkok, as fee less ATM use is typically available only on certain ATM types.

Re not showing up as a foreign transfer, I can understand that, as just shows as internet transfer from another bank.

[EihTooms]

I use CurrencyFair to transfer money from my Singapore account to Australia. It costs EUR 4 per transaction but my Singapore bank slugs me pretty heavily, about US $56 per tranaction.
...

Your post prompts me to clarify my earlier post about TransferWise. Actually, TransferWise was not all that expensive for me to make that first test transfer. They only charged me $3.23 USD. But, same as in your case, it was my Bank of America account that hit me with a $20.04 USD charge. I assume it would be more cost effective to transfer larger amounts, probably can get it closer to 1.5% or 2% overall cost to get get the money into my Thai bank account.

Still, the deal breaker for me with TransferWise is it does not show up on my Thai bank statement as a "Foreign Transfer", which is necessary in order to convince a Thai Immigration officer that those monthly transfers did indred come from outside of Thailand.

[Kerrstar]

But I did try a small transfer using TransferWise a few days ago. It was easy and relatively fast at 3 days to receive the money in my Thai account. However, it cost me a whopping $20 USD to transfer $100 USD! I suppose it is much more cost effective to transfer larger sums, but this first one was only a test.

I use CurrencyFair to transfer money from my Singapore account to Australia. It costs EUR 4 per transaction but my Singapore bank slugs me pretty heavily, about US $56 per tranaction. I do get a much better exchange rate though, so this more thn offsets the fees. I sometimes transfer money to a friend in Indonesia but I do that from my UK acoount. Usually the money arrives the next day but I lose a bit in the exchange rate. For some reason it exchnages from GBP to EURO then to INR. The fee is only GBP 4. I suppose it doesn't matter what you use, you either pay high fees or get a bad exchange rate.

I have a multiple currency debit card with my Singapore bank, so I don't pay fees with ATM withdrawals. I'm in China and there are no fees from the local banks when using their ATM, so this works out well.

[EihTooms]

Bit Coin is probably destined to wipe out money exchange businesses in the future, being immediate transactions. However does one incur a buy and sell bitcoin overhead as percentage or fee, high enough to make it unviable at this time, or is it already very practical for transfer money to Thailand. Would use of bitcoin really wipe out all delays, or does buy and sell bitcoin cause some delay?

Western Union is already instant transfer to Thailand, but of course they typically have exorbitant fees and bad exchange rates, so only for use in an emergency. I do know a shop with greatly reduced fees for sending to Thailand.

I currently use Transferwise, and have their multi-currency Debit MasterCard. I could use it for cash withdraw from an ATM in Thailand, but it still has a percentage charge for ATM Cash even if is already converted to Thai Baht money. Transfer to a Thai Bank Account still takes a day or so.

So always looking for a fast option with low overheads. Could that be Bitcoin?

Bangkok Bank finally stopped allowing me to make ACH transfers from my Bank of America account this month. These are Foreign Transfers I make every month to qualify for my retirement visa. Bangkok Bank told me I need to set up an IACH method of making transfers now and that Bank of America surely had a way to choose that method on my mobile app or by calling Bank of America to set it up. Naturally, neither of those things were true. The Bank of America rep had no idea what an "IACH" method for making transfers was but I could make costly international wire transfers through them if I wanted. I am still waiting for my transfer from yesterday to arrive in Thailand to see what the total cost of that method with BofA really is.

But I did try a small transfer using TransferWise a few days ago. It was easy and relatively fast at 3 days to receive the money in my Thai account. However, it cost me a whopping $20 USD to transfer $100 USD! I suppose it is much more cost effective to transfer larger sums, but this first one was only a test.

But even more worrying about continuing to use TransferWise is when the money arrives in my Thai account it is not identified as a "Foreign Transfer", which as far as I know is an absolute necessity in order for it to work as my monthly retirement visa income. It is identified as a "Transfer From Another Bank." As I said, from what I've heard and read, that will not fly with Thai Immigration as proof for the monthly income option for a retirement visa. As far as they know you are transfering from one Thai bank to another and not bringing in fresh money from outside of Thailand. It has to show up on your statement or in your updated passbook as a "Foreign Transfer."

[Syzygies]

Bitcoin was like built for this.

Bit Coin is probably destined to wipe out money exchange businesses in the future, being immediate transactions. However does one incur a buy and sell bitcoin overhead as percentage or fee, high enough to make it unviable at this time, or is it already very practical for transfer money to Thailand. Would use of bitcoin really wipe out all delays, or does buy and sell bitcoin cause some delay?

Western Union is already instant transfer to Thailand, but of course they typically have exorbitant fees and bad exchange rates, so only for use in an emergency. I do know a shop with greatly reduced fees for sending to Thailand.

I currently use Transferwise, and have their multi-currency Debit MasterCard. I could use it for cash withdraw from an ATM in Thailand, but it still has a percentage charge for ATM Cash even if is already converted to Thai Baht money. Transfer to a Thai Bank Account still takes a day or so.

So always looking for a fast option with low overheads. Could that be Bitcoin?

[Mr Enternational]

I am just laughing about mfs always saying to put something on a cloud:

"The Rockmart man was investigated after officials with Facebook and Dropbox notified the National Center for Missing and Exploited Children about phild corn stored on his accounts, authorities said. ".

https://www.ajc.com/news/crime--law/...FfpBOwYcHwg4K/

[BHawk]

Bitcoin was like built for this.

Thought of that. Prolly not her thing.

[Turgid]

Wow, I feel privileged to be able to actually disprove scientific findings. On the other hand perhaps I should not; how many scientists have had the actual experience of being with a live woman while she ejaculates as opposed to theoretical observations?

Well, I just read the article. Apparently they did have women to conduct experiments on. It would have been interesting if they had the girl I sessioned with.

[Turgid]

...........Guys cum can vary from a high powered squirt to a dribble....

Scientists would probably say that Peter North was peeing.

[Turgid]

Scientific research confirms that 'profuse' squirting like that is indeed urine.

https://www.newscientist.com/article.../#.VLAkn2SR82s

Wow, I feel privileged to be able to actually disprove scientific findings. On the other hand perhaps I should not; how many scientists have had the actual experience of being with a live woman while she ejaculates as opposed to theoretical observations?

[Syzygies]

Some years ago I was in this brothel in the southern Caribbean banging a Trinidadian chick. After I came she began to masturbate and I was enjoying the show. After a few minutes she told me to watch out and she began to squirt profusely. When I used to see it in porn flicks I thought it might have been urine but that experience confirmed that it is not. It has a different viscosity from urine being slightly thicker and whitish with a certain amount of translucence; it also has a distinct smell which I have occasionally detected during sex with certain women.

You guys that have seen it, can believe it more easily.

You can't really tell exactly without scientific tests. Was bladder full before, was it empty after, this the proof that bladder was emptied. Yes it could be milky by mixing with Skenes gland fluids which should be thicker. The fluid needs to be scientifically tested to see levels of Urea, etc. Was it a fountain or a dribble or somewhere in between?

Are 95+% of squirts being tested actually fake squirts. Are there real squirts that are different? I need to see the video of the squirt purporting to not contain any pee. The volume cannot be that large if liquid did not come partially from the bladder, or does a woman have somewhere to hold cum fluid equivalent in size possibly to male's store of semen? A mix of liquids is feasible, just?

Is this like the search for the Loch Ness Monster or the Yeti (Big Foot)?

Looks like we are able to concede that porn videos and chat rooms contain mostly peeing being labelled a Squirt, but does a different Squirt exist very rarely? Its very hard to be sure without great evidence to support a view.

Guys cum can vary from a high powered squirt to a dribble, so can women have something similar also with variation in force, but much less and rarer?

[Whoreman]

Some years ago I was in this brothel in the southern Caribbean banging a Trinidadian chick. After I came she began to masturbate and I was enjoying the show. After a few minutes she told me to watch out and she began to squirt profusely. When I used to see it in porn flicks I thought it might have been urine but that experience confirmed that it is not. It has a different viscosity from urine being slightly thicker and whitish with a certain amount of translucence; it also has a distinct smell which I have occasionally detected during sex with certain women.

Scientific research confirms that 'profuse' squirting like that is indeed urine.

https://www.newscientist.com/article.../#.VLAkn2SR82s

[Turgid]

Some years ago I was in this brothel in the southern Caribbean banging a Trinidadian chick. After I came she began to masturbate and I was enjoying the show. After a few minutes she told me to watch out and she began to squirt profusely. When I used to see it in porn flicks I thought it might have been urine but that experience confirmed that it is not. It has a different viscosity from urine being slightly thicker and whitish with a certain amount of translucence; it also has a distinct smell which I have occasionally detected during sex with certain women.