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How to send money to Thailand

Understand what your options are when transferring funds to Thailand.

Whether you’re sending money back home or conducting business in Thailand, you’ll want to find the best service possible.

This guide will help you get the most Thai baht for your dollar by comparing the services you can use and showing you what you should keep an eye out for.

Send money to Thailand with WorldRemit

提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.

  • Use promo code 3FREE to send your first three transfers with no fee
  • Easy to use with round-the-clock help
  • Get cash to family and friends in minutes
Promoted

Compare services that send money to Thailand

You can use the table below to compare services and products that let you transfer money to Thailand.

Using the table headings, you can compare minimum transfer amounts, fees and more. If you’d like to know more about a product, click “More info”. If you want to open an account, click “Go to Site” to get started.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 60 1 day HKD 0.00 4.023 THB
40,228
Skrill能令你輕鬆匯款至多個熱門目的地,可是要留意其加上的手續費。 Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
SGD 1 1 day HKD 62.00 4.038 THB
40,131
你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
象徵式收費以及中間價匯率,可匯款至高達30多個國家。 SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
USD 10 1 - 2 days HKD 25.00 3.998 THB
39,878
新客戶可享有首三個月無限次免手續費匯款。New customers get 3 months of unlimited free transfers.
可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
USD 10 1 - 2 days HKD 200.00 4.038 THB
39,574
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 50 1 day HKD 35.00 4.038 THB
40,240
New customers sending over AUD 500 to Australia use code FINDER50 to get AUD 50 off. Valid till 31st May 2021. T&Cs apply. Go to site Show details
USD 1 Within an hour HKD 20.00 4.022 THB
40,140
提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 3.978 THB
39,776
可匯款至20+個國家,無手續費。 CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. Go to site Show details
USD 2,000 1 day HKD 0.00 3.978 THB
39,776
TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。 TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What’s the best way to send money to Thailand?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Thailand. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you’ll typically face higher fees and weaker exchange rates when going that route.

Digital money transfer services

Companies like SingX and InstaRem specialise in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient’s Thai bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram and Western Union allow you to transfer cash for pickup at a local branch in Thailand— often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees.

Banks

Thai baht are a popular currency, your local bank may be able to exchange them. If your bank supports Thai baht, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Thailand.

Let’s crunch the numbers: Sending $10,000 to Thailand

Let’s say you need to send $10,000 to family in Thailand. Here’s what you might face as far as fees and exchange rates as of 3 Jan, 2021

Digital money transfer serviceCash transferBank transfer
Fee0.00 HKD8.00 HKD$65 + additional correspondent bank fees
Exchange rate1.00 HKD = 3.8450 THB1.00 HKD = 3.8296 THB1.00 HKD = 3.7890 THB
Transfer speed1-2 dayMinutes2-5 days
Amount received38,450.21 THB38,265.83 THB37,643.715 THB
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient in Thailand. If you go with the cash transfer service, your recipient ends up with 807 THB more than the bank offers. The cash option will also get your money there the fastest, often in a few minutes or less.

What are the other ways that I can send money to Thailand?

  • Bank transfers. Many major US banks will allow you to send money to Thailand.
  • Money transfer providers. Providers like WorldRemit and Wise can help you quickly and easily transfer your money online.
  • Providers with cash pickup. Western Union and MoneyGram allow you to send funds for cash pickup at agent locations.
  • PayPal. Electronic payment giant PayPal allows you to send money from Hong Kong to Thailand.
  • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or Hong Kong Post.

How to send money to Thailand through an online service

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and preferred payment method.
  2. Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If transferring to a bank, you’ll need their Thai bank account details.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to Thailand. Some money transfer providers send a text or email when your transfer is complete.

How to get the most out of your money transfer to Thailand

Weigh costs and fees against convenience to learn how to compare money transfer providers that send to Thailand to best meet your needs:

  • Exchange rates. The HKD-THB relationship fluctuates often, so using a service that allows you to lock-in exchange prices may help you save money down the line if the Thai baht rises against Hong Kong dollar.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger HKD-THB exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of Thai baht you’re sending to Thailand.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Thailand.
  • Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you’re sending is a valid strategy for saving money.
  • Transfer methods. Whether you want money sent to a Thai bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

Emergency cash transfer to Thailand

When urgency trumps cost to get your money to Thailand quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to Thailand without a bank account

Cash transfer services can help you if you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

Thailand’s exchange rates explained

The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. Thailand’s exchange rate is flexible compared to the HK dollar. Because both are relatively stable, the HKD-THB relationship typically doesn’t make sharp movements. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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Updated: 14 May 2021 15:43:39 UTC

Documents needed for sending to and receiving money in Thailand

To send money to Thailand from Hong Kong, you’ll need a government-issued ID and other documents, while documents needed to pick up money in Thailand may be different by company.

Documents to send money from Hong Kong

To send money from Hong Kong to Thailand, you’ll need documentation and details that include:

  • Identification. Most services require a driver’s license, passport or other government-issued ID.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
  • Recipient information. Submit your recipient’s name as it appears on their ID, along with their phone number, Thai bank account and routing number.

Documents to receive money in Thailand

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer’s confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. A Thai Passport, Thai ID or similar official ID may be required to pick up your transfer..
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender’s information. Take along your sender’s full name, the sending country and their address, if known.

Bottom line

Sending your hard-earned money to Thailand shouldn’t cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country-specific guides the next time you need to make a transfer.

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