GBP vs THB

Post by **caller** » Sun Oct 12, 2008 4:46 pm

This guy got done for benefit fraud earlier this year after spending a lot of time in Thailand:

http://archive.yorkpress.co.uk/2008/1/25/365280.html

Post by **niggle** » Sun Oct 12, 2008 7:29 pm

SuperJoe I have pm ed you

Super Joe · Post by **Super Joe** » Sun Oct 12, 2008 10:47 pm

Got it, thanks Niggle.

SJ

Post by **dtaai-maai** » Sun Oct 12, 2008 10:59 pm

deleted

Post by **margaretcarnes** » Mon Oct 13, 2008 5:43 am

Yes Caller, that guy in your article was done for overpayment of a combination of benefits, all means tested ones by the look of it. Plus overpayment of Housing Benefit probably because he didn't declare his wife being there with him.
Its very true though that people often don't understand the rules when going abroad, and hardly surprising!

Post by **malcolminthemiddle** » Mon Oct 13, 2008 1:12 pm

caller wrote:This guy got done for benefit fraud earlier this year after spending a lot of time in Thailand:

http://archive.yorkpress.co.uk/2008/1/25/365280.html

GBP vs THB?

Post by **Guess** » Mon Oct 13, 2008 1:46 pm

Confidence returns.

http://news.yahoo.com/s/ap/ap_on_bi_ge/world_markets

Stock markets rally but still the GBP only buys 58.605 and falling. When will it end?

ozuncle wrote:
Your grammar is also not perfect!

......................inflammatory use of anagrams.........
The first one was funny but not any more.........

Watt. U spelt grammer and perfick rong. inflavatory?????

Post by **sandman67** » Tue Oct 14, 2008 2:15 pm

can someone explain to a financial dimwit like me what the hell is happening with the pound vs baht? What the hell is Gordo up to at that end?

sargeant · Post by **sargeant** » Tue Oct 14, 2008 2:16 pm

Yesterday I was forced by circumstances to have to draw money from the Bank of Ayudayua ATM on Phetkasem road Well Mrs Sarge did @ exactly 1018.
She rang me and I checked the Link Super Joe gave me and the cyber rate was 57.59 Bht to the pound
I have checked my nationwide account today and for the 15,000 Bht she withdrew my nationwide account has been deducted exactly 257.98 pounds that is a real definite factual rate of 58.14 Bht to the pound
Please note no charges from either Nationwide or Bank of Ayudayha just an exchange rate

Super Joe · Post by **Super Joe** » Tue Oct 14, 2008 2:44 pm

Sarge, when you go on that site do you change the default setting from 'notes' to 'TT' (telegraphic transfer) ?
As 'TT' rates are always higher, presumably banks use that rate for ATM withdrawals (anyone know ??) and it may explain the discrepancy in the rates.

SJ

sargeant · Post by **sargeant** » Tue Oct 14, 2008 2:51 pm

SJ i leave it on notes but i think it was somewhere between 4 and 5 hours after the 1018 time it was drawn before it showed up on my nationwide account the time between drawing it and when it is deducted from my account could explain the difference thats just a surmise i suppose i could have got less under that scenario as well.

Super Joe · Post by **Super Joe** » Tue Oct 14, 2008 3:12 pm

There's a big difference between the two, Bangkok Bank today:
Notes = 58.30, TT = 59.17.

SJ

sargeant · Post by **sargeant** » Tue Oct 14, 2008 3:20 pm

that is a big difference you may be correct it was 57.59 when Mrs Sarge drew it and i got 58.14 =55 satang difference

That difference of yours =87 satang interesting next time ill clock both rates and see what i get

Post by **malcolminthemiddle** » Tue Oct 14, 2008 4:28 pm

Sarge,

Is that Nationwide account of yours on or offshore and is it a current or savings account?

sargeant · Post by **sargeant** » Tue Oct 14, 2008 5:32 pm

Aberystwyth about 500 yards from the beach

Current i think no fancy stuff for me i keep it simple

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