Send Money To Thailand

Updated on September 13, 2020
Personal
Business
From
United Kingdom Flag
United Kingdom
GBP
To
Thailand Flag
Thailand
THB
1 GBP equals
40.081 THB
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English
TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website
XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers
WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
-

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers
Global Reach Group Logo
  • Check Icon
    Fee-free transfer limit
  • Check Icon
    Forward contracts
  • Check Icon
    Stop loss orders
  • Check Icon
    Limit orders
$
$
$

low

Fees
68
Speed Icon

medium

2-3 days

Less Information
-

Transfer Options

  • Bank transfer

Features

  • Check Icon
    Fee-free transfer limit
  • Check Icon
    Forward contracts
  • Check Icon
    Stop loss orders
  • Check Icon
    Limit orders

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees when you transfer more than £3,000
  • Circle Check Icon
    Lock existing rates using forward contracts
  • Circle Check Icon
    Safeguard against FX fluctuations using stop loss and limit orders
  • Circle Check Icon
    No mobile app
  • Circle Check Icon
    No multilingual website
Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    -

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      -

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      WorldFirst Logo
      • Check Icon
        Low Transparent fee structure
      • Check Icon
        Forward contracts
      • Check Icon
        Scheduled transfers
      • Check Icon
        Dedicated account manager
      • Check Icon
        Live chat support
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      fast

      1-2 days

      Less Information
      -

      Transfer Options

      • Bank Transfer
      • Debit card
      • Direct debit (UK only)
      • CHAPS / BACS (UK only)

      Features

      • Check Icon
        Low Transparent fee structure
      • Check Icon
        Forward contracts
      • Check Icon
        Scheduled transfers
      • Check Icon
        Dedicated account manager
      • Check Icon
        Live chat support

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        Schedule transfers with ease
      • Circle Check Icon
        Hedge funds using forward contracts
      • Circle Check Icon
        No support for USA customers
      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      -

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager
      TransferGo Logo
      • Check Icon
        Transparent pricing
      • Check Icon
        Accepts card payments
      • Check Icon
        No minimum transfer amount
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      52
      Speed Icon

      medium

      2-3 days

      Less Information
      -

      Transfer Options

      • Bank transfer

      Features

      • Check Icon
        Transparent pricing
      • Check Icon
        Accepts card payments
      • Check Icon
        No minimum transfer amount
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Same day and next day transfers
      • Circle Check Icon
        Website access in different European languages
      • Circle Check Icon
        Make payments using debit or credit cards
      • Circle Check Icon
        Accepts customers only from Europe
      • Circle Check Icon
        Maximum transfer limit of GBP 2,500 when paying using cards

      How to send money to Thailand

      How To Step Icon
      Step 1
      Compare options, sign up

      Compare the best companies that send money to Thailand. 

      Consider your individual requirements before making a selection. 

      Register as a personal or business customer by providing the required information. 

      Give details from an acceptable form of ID.

      How To Step Icon
      Step 2
      Examine exchange rates, initiate transfer

      Review the recent history of THB exchange rates and determine if you wish to transfer money to Thailand in the current market condition. 

      To initiate your transfer, get a rate quote from the company by informing the amount you want to send. 

      Finalize the transfer by locking the rate offered to you. 

      Provide the recipient's Thai bank account details.

      How To Step Icon
      Step 3
      The actual transfer process

      Pay for your transfer so your service provider can commence sending money to Thailand. Payment methods may differ based on the company you choose. 

      Track the transfer's progress via notifications or updates.

      Currency Symbol and Swift Codes

      The Thai baht (THB) is the official currency of Thailand. The Bank of Thailand is responsible for issuance of the currency. One baht is divided into 100 satang. According to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the Thai baht was the 10th most commonly used currency in the world as of February 2017.

      If you want to send money to a bank account in Thailand, you will need the bank’s SWIFT code. Given below are SWIFT codes on some popular banks in Thailand.

      BANKBRANCHSWIFT CODE
      Bankok BankBangkokBKKBTHBKXXX
      Krungthai BankBangkokKRUTTHB1XXX
      Siam Commercial BankBangkokSICOTHBKXXX
      KasikornbankBangkokKASITHBKXXX

       

      Case Study

      Gan got an opportunity to move to Australia, where he found a job as a chef. His wife and young son were to join him a year or so later. Until they arrived in Australia, Gan was to keep sending them some money every month. Always the one to be financially prudent, he compared his alternatives before his first transfer. The results of his comparison are in the corresponding table.

       BANKMONEY TRANSFER SERVICE
      Exchange rateAUD $1 = THB 23.3154AUD $1 = THB 23.8281
      Transfer feeAUD $20AUD $0
      Amount received for AUD $1,500THB 34,506.79THB 35,742.15
      Transfer time2 to 5 days1 to 3 days
      Transfer optionsBank accountBank account
      Difference of THB 1,235.36

      By choosing the specialist money transfer company, Gan made sure his wife received a little extra money each month. He also benefited by being able to schedule his transfers in advance.

       

      Cash Pickup Locations in Thailand

      If sending money to Thailand in a hurry is what you are after, consider using the services of companies such as Western Union, MoneyGram, WorldRemit, or Ria. Given below are addresses of some cash pickup locations in Thailand.

      WESTERN UNION IN THAILAND 
      Bangkok KTB Bangkok Metropolitan Administration, 173 Dinsor Road, Phra NakhonThailand Post 81 Soi Damnoen Klang Nua Rajdamnoenn Klang Rd Phra Nakhon
      Pattaya Bay Thanon Pattaya Tai FX Booth 37 37 41 Mu 10 Pattaya Tai Road Nongprue Bang LamunKTB Patthayatai 31/4-7 South Patthaya Rd, Bang Lamung
      MONEYGRAM IN THAILAND 
      Bangkok Cimb Thai Bank, 140 Dinso Road, Sao Chingcha PranakhonSiam Commercial Bank 59 Bldg 8 Ratchadamnoen Klang Rd, Phra Nakhon
      Pattaya Siam Commercial Bank 8Mu 10 Pattaya Tai Road Nong Prue Bang LamungSiam Commercial Bank 64/69 Pattaya Sai 2 Rd Bang Lamung

       

      Safety Tips for Picking Up Cash in Thailand

      Instances of bag snatching and pick pocketing are common across most cities and tourist areas. Thieves on motorbikes are known to target foreigners when they are walking or travelling in tuk tuks. If you use public transport, keep your valuables and important documents out of sight. Hang on to your belongings if you take a nap or sleep when on public transport.

      Do not leave your drink unattended or accept drink from strangers because instances of drinks being spiked are known to take place. There have been reports of unprovoked attacks and sexual assaults from tourist destinations, and they tend to increase in frequency during full moon parties.

       

      What Information Do I Need to Transfer Money to Thailand?

      You will need to provide different kinds of information when transferring money to Thailand.

      • Bank account. To send money to a bank account in Thailand you will need the complete name of the recipient, his or her bank account number, the bank’s name, and the bank’s SWIFT code.
      • Cash pickup up. Determine where the recipient will collect transferred funds from and provide the recipient’s complete name. To collect the money the recipient will need to provide a reference number and a valid form of identification document.

       

      Regulations When Transferring Money To and From Thailand

      The Thai baht is completely convertible and there are no transfer restrictions on the flow of money in or out of the country. The Bank of Thailand is responsible for overseeing the country’s payment systems and maintaining the currency’s price stability.

      Non-residents of Thailand may hold baht-denominated bank accounts in the country, with a maximum balance limit of THB 3 million. When travelling out of the country, you may carry up to THB 50,000. If you are travelling to a neighboring country, the limit increases to THB 2 million, although you will need to declare any amount over THB 450,000 to the country’s customs authorities.

      Convert GBP to THB

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      GBP
      THB
      Sending money online through specialist money transfer companies.

      Expect to receive between B3967.98 and B3992.03 when sending money from GBP to THB at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately B3807.66, not including additional banking fees. That is an average saving of B172.35.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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