The cheapest way to send money to Thailand will almost always be to make a transfer to a bank account in Thailand via a specialized online money transfer operator, that you can pay by debit card or local bank transfer .
How to send money to Thailand in 3 easy steps Start your transfer . Pay in USD with your debit card or credit card, or send the money from your online banking. Get the best rate out there. TransferWise always gives you the real and fair mid-market exchange rate. Money is locally delivered.
And the best part is, if you have an account with PayPal you can start sending money to Thailand right now with your PayPal payment options right at your fingertips.
Foreign banks (North American) Bank of America Merrill Lynch. Citibank Thailand. JP Morgan Chase. Scotiabank (Bank of Nova Scotia) – through subsidiary Thanachart Bank.
You can send money to Thailand using an online money transfer service. This comparison shows which companies offer this service, but also how you could send your money .
TransferWise makes transferring money to Thailand a breeze: Just tap in how much, and where to. Then make a local payment to TransferWise, whether it’s with a bank transfer , swift or your debit or credit card. And that’s it.
Send money online at WU.com Transfer money conveniently at WU.com. You can send money from any device, 24/7. Fund your money transfer with your credit4 or debit card or online bank account.
You will need cash in Thailand for most markets, tuk tuks, taxis, songtaews and small food outlets. Try not to use it for the big purchases.
While you can use U.S. dollars and some other major currencies in some countries, they’re not widely accepted in Thailand . You will need to exchange any other currency you are carrying for baht.
Table 1: Sending $1000 from the US to Thailand
|Transfer method||Fees to send $1000 USD||Time for the transfer to arrive|
|Xpress Money||$17||3-5 days|
|Ria Money Transfer (fast)||$15||Minutes|
The best ways to send money internationally Your bank. Most U.S. banks offer money wire services, but they tend to be more expensive than digital services focused solely on money transfers. Western Union. Western Union may be one of the oldest ways outside of a bank to quickly send money to someone , but they’ve kept up with the times. PayPal. TransferWise. OFX.
No, you cannot add money from your bank account, debit, or credit card to your Thai PayPal account at all. That service is not available. But you can buy something online with debit or credit card or send money with your debit or credit card. Or use your PayPal Balance when someone sends you payments.
Opening a bank account in Thailand as a foreigner is not so difficult to do , but your experience will depend on which bank you choose, and sometimes even which branch. They may require you to have a non-immigrant visa and a Thai work permit before you can open an account .
You can open a bank account with them using a tourist visa alone and they also allow foreigners to use their internet banking services. You will be required to place an initial deposit of 1000 THB and pay a debit card fee.
Top 10 Banks In Thailand Bangkok Bank . Bangkok Bank is the largest bank in Thailand in terms of assets, with a total of US $78 billion. Kasikorn Bank . Formerly known as the Thai Farmers Bank , its total assets amount to US$ 70.8 billion. Siam Commercial Bank ( SCB ) Krungthai Bank . TMB Bank . Bank of Ayudhya . Thanachart Bank . Kiatnakin Bank .