Send Money to Thailand Securely

Information verified correct on February 21st, 2017

thailandSend money to Thailand and take advantage of competitive exchange rates and low fees.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Thailand doesn’t have to be expensive. Compare the transfer fees and exchange rates of the many options available to you to get the most Thai bahts for your dollar.

Exchange rates, fees and transfer options vary depending on the transfer provider you choose, so it’s important that you shop around and compare different transfer providers to find the best deal.

Compare International Money Transfers

Rates last updated February 21st, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Fast... Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
Rates are always
changing, click to check
your price today
Go to site More
RIA Money Transfer
No fees for bank account ... No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.
3 - 5 days
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
Moneycorp Exchange Experts
Full-service specialist offering competitive exchange ... Full-service specialist offering competitive exchange rates on personal international money transfers.
USD 50 1 day
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

Speak to a FX expert

Back to top

Banks versus money transfer services

We use our banks to take care of all our other financial needs, so surely we should use them when we need to send an international money transfer, right? Not necessarily. While major U.S. banks offer money transfer services, they usually present less competitive exchange rates coupled with high transfer fees.

You can often save money by using the services of a dedicated money transfer company. These providers specialize in handling overseas money transfers, offering attractive exchange rates and affordable transfer fees.

Case Study: Carl Sends Money to Thailand

Carl’s son Jim is spending a year studying abroad in Bangkok, and Carl needs to find an easy and affordable way to transfer $1,000 to Jim to help him pay his rent. Rather than ask his bank to take care of the transfer, Carl decides to compare the features of a couple of money transfer companies to see if he can find a better deal.

Money transfer company 1Money transfer company 2
Exchange rate$1 USD = $35.05 THB$1 USD = $34.27 THB
Transfer fee$5$16
Transfer methodBank account depositCash pickup
Processing time5 business days10 minutes
Amount received (in THB)$35,050 THB$34,270 THB

As you can see, Carl can send almost$ 780 THB extra and also save $11 in fees by using the first transfer company.

Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. For example, in December 2016, the U.S dollar was worth approximately 19 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

How to compare transfer companies when transferring money to Thailand

  • Exchange rates. Keep in mind that providers that offer competitive exchange rates may also charge higher fees.
  • Fees. Fees can vary significantly between providers, so make sure you check the fees charged by different companies.
  • Transfer methods. In addition to online or in-branch transfers, some companies allow you to initiate transactions over the telephone or through smartphone apps.
  • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments.
  • Turnaround time. From 10 minutes to several days, processing times can vary depending on the provider, where you’re sending your funds and the transfer method you choose.
  • Minimum limit. Always check to see whether a provider imposes a high minimum transfer limit, as this can be restrictive if you only need to send a small amount.
  • Pickup methods. Some companies send transfers directly to bank accounts, while others allow you to collect the cash from an agent location.
  • Customer service. The availability of phone, email and online chat customer support can be crucial if you experience difficulties with a transaction.
Back to top

Options for sending money to Thailand from America

  • Bank transfers. Approach your bank about sending an international wire transfer from your U.S. bank account to a Thai account.
  • Online money transfer providers. Online money transfer providers offer cheap and quick transfers to Thai bank accounts.
  • Money transfer companies with cash pickup options. Ria and Western Union are two money transfer companies with pickup locations in Thailand.
  • PayPal. PayPal offers a convenient international money transfer option.
  • Checks. An international check is a safe but slow transfer method.
Back to top

Emergency cash transfers in Thailand

If you need to send funds to Thailand as quickly as possible, don’t forget to check the fee and exchange rate that will apply to your transaction. Many money transfer providers will charge higher fees and offer poor exchange rates for urgent transactions, so it’s important that you’re aware of the full transaction details before you hand over your hard-earned cash.

Back to topFind a money transfer location near you

Tips for picking up cash in Thailand

Whether you’re picking up cash in Thailand, at home in the U.S. or anywhere else in the world, you should exercise some safety precautions.

  • Take someone along with you for increased security.
  • Keep hold of your wallet or bag at all times.
  • Don’t wave large sums of cash around in public.
  • Deposit funds in a bank account rather than carrying around large amounts of money.
Back to top

How to send money to Thailand

While the transfer process varies between providers, the first thing you will usually have to do is sign up for an account. This can be done by providing a few basic details including your name and address, your contact details and an acceptable form of photo ID.

Once your transfer has been placed, you will typically be given a receipt or a reference number that you can use to check on the status of your transaction.

Was this content helpful to you? No  Yes

Ask a Question

You are about to post a question on finder.com

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com privacy policy.

US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

feedback