Thai-Chinese International School
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Settling Allowance

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bullet Sending Money Home

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Sending Money

Check the Western Union it has Money Transfer offices in many major department stores, including most all branches of Central, the big department store chain. You can also transfer money to all major banks.

Money can be wired through the bank for a fee (maybe $30 but ask Kara because she does this and knows the fee). Several teachers have opened a second bank account and sent the ATM card back home to a family member to withdraw money in their own country then deposit it into the teacher's account at home. Sometimes the ATM cards have been found to be faulty and not work at home, but it's worth a try as the fee is much less then wiring money. It is also possible to send a money order. The bank charges about B150 for one.

-- Tara

First I would like to congratulate you on your new position! You definitely made a good choice coming here. If you are curious about "Sending money back home" for bills, loans, whatever, I think the best thing to do is to set up two accounts at the bank our school provides us. Have one account that the school deposits money into. And also have a second account, with the same bank, to put money for bills into. So you're basically transferring money from your main account into a second account. Send the ATM card from the second account to your home country and have a friend/ family member take money out from it, and deposit it into your home bank. I would start setting up an automatic withdrawal from your home account to the institutions you owe money to. Sending checks overseas is not only unsafe, but very time consuming. I pay my bills this way and its very easy. Or you can just have the bank here in Thailand "wire" money to your home account, but its $25 U.S dollars a wire. That gets expensive. I hope that helps some of you out! Can't wait to meet all of you in a few months!

--Adam