Unlike many banks and bureaux de changes we are transparent with our Thai Baht pricing. You have direct access to the live GBP/ THB interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Thai Baht it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Thai Baht and converting to GBP you want to do so when the Thai Baht is strong against British Pound. This way you will get more British Pound for every Thai Baht sold. If you are buying Thai Baht the reverse applies and you should try to buy when Thai Baht weak against the British Pound since this would mean more Thai Baht for every British Pound you spend.
The cheapest way to sell your leftover Thai Bahts and maximise the exchange amount!
Thai Baht was said to be one of the ten most frequently used currencies for world payments, according to the SWIFT in 2014. However, it only captures about 0.5% of the global trade market and is considered an exotic currency due to its lack of market depth. In addition, it is illiquid, and people usually sell Thai Baht in low volumes.
Official name - Thai Baht
Symbol - ฿
Code - THB
Coins - Satang
Demographics that use Thai Baht unofficially - Laos, Vietnam, Cambodia and Myanmar
Traditionally one can sell Thai Baht to a bank or a bureau de change. However, they tend to charge hefty rates and also levy hidden fees, significantly reducing the amount you receive in exchange. Moreover, since it is an exotic currency, Thai Baht exchange rates are even higher than what these institutions ask for against non-exotic currencies.
So, if you want to exchange THB at a better rate, you should look for an online currency exchange platform. It would be best to start by comparing multiple institutions to select the one that will maximise your exchanged amount.
Even if you happen to select an online platform, the chances are that it is also charging hidden fees for the transaction. Thus, it is crucial that you look for a company offering complete transparency.
The Currency Club has no such hidden charges associated with our buy back services. Rather we openly provide you with the interbank rates to compare them with what we charge. From our PIP margins to deals, we communicate every minute detail before the booking procedure. This way, you are well aware of the benefits you get to leverage through us.
We provide you with the best exchange rates for Thai Baht as there are only a few expenses associated with our buy back services.
As The Currency Club only operates online across the country, we do not have many expenses associated with our services. So, we keep our Thai Baht exchange rates lower than what you find in the market to cater to a wider clientele.
The amount you get by selling Thai Baht depends on how THB is performing in relation to your currency of choice. So, for example, if you want to get Pounds in exchange for Thai Bahts, the ideal time will be when GBP to THB rates are significantly low. However, you should not delay selling your leftover travel money in hopes of a lower rate if you do not have prior knowledge about the currency market.
No, you can easily exchange money from a Thai Baht account as well. All you need to do is avail of our international payment option instead of buy back. You will still get market best Thai Baht exchange rates and a streamlined currency exchange experience
If so please visit Sterling FX for exceptional sell Thai Baht branch rates - www.sterlingfx.co.uk/london-branch
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