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Transferring Money
"Mmmm.... I wonder why he didn't just transfer money from BofA New York to BofA Bangkok ?? Much simpler and I would have thought more preferable to the bank, as they hate losing customer's money to other banks. Perhaps what he meant was that he did what I just mentioned and to do that his bank moved the money using Bangkok Bank NY and BKK to do it ?"
I think the reason it worked well is that Bof A would transfer the money free to the Bangkok Bank, NY, and once at that Bank the money could be transferred to the Bangkok Branch of the same bank for little or no cost.
Rex
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