How to send money to Thailand

Send international transfers to Thailand quickly and cheaply.

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When you need to send money to Thailand, it can be difficult to know the best way to get the most out of converting your dollars to Thai baht. Whether you want to use a money transfer service or going through a bank, this guide will help you get your money where it needs to go.
XE International Money Transfers

XE Money Transfer

XE specialises in a wide range of foreign currency solutions and offers an affordable solution when you need to send money overseas.

  • Send money to 60+ countries.
  • Competitive exchange rates that are often better than banks.
  • Transfer up to US$500,000 online.
  • See exchange rates in real-time.

    Compare services that send money to Thailand from the UK

    Table: sorted by a combination of service offering and the amount your recipient will receive

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    GBP 1,000 1 - 2 days GBP 0.00 39.475 THB
    39,475
    Better exchange rates for Finder customers.
    Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
    Go to site Show details
    GBP 50 Same day GBP 2.99 39.71 THB
    39,591
    Use promo code 3FREE to send your first 3 transfers with no fee.
    Send money online anytime, anywhere, with a simple to use platform and transparent fees and exchange rates shown upfront.
    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.

    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 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 specialise in handling overseas money transfers, offering attractive exchange rates and affordable transfer fees.

    Case Study: Carl sends money to Thailand

    Carl’s son James is spending a year studying abroad in Bangkok, and Carl needs to find an easy and affordable way to transfer £1,000 to James 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 rate1 GBP = 36.12 THB1 GBP = 34.94 THB
    Transfer fee£5£16
    Transfer optionsBank account depositCash pickup
    Transfer speed5 business days10 minutes
    Total THB received36,120 THB34,940 THB

    As you can see, Carl can send almost 1,180 THB more and also save £11 in fees by using the first transfer company.

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    How to compare transfer companies for Thailand Baht

    By comparing a few elements of your transfer, you can ensure that you get the best deal for your needs.

    • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
    • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
    • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
    • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
    • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
    • Flexible transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

    Foreign exchange rates explained

    Exchange rates shift on a daily basis depending on a number of political and economic factors. If a currency is strong, you can get more money when exchanging it with a weaker currency. This means for every pound you transfer to Thailand, you’ll get almost 38 Baht in return.

    You can compare the exchange rates between GBP and THB here

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

    • Bank transfers. Many banks will allow you to send money to Thailand.
    • Money transfer providers. Providers like Ria and XE 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 to destinations all over the world.

    How to send money to Thailand

    1. Choose from among the numerous transfer providers who send money to Thailand.
    2. Register with the provider of your choice on their website providing your name, address, contact information and date of birth. A valid photo ID will also be required.
    3. Provide your recipient’s name, address and contact details. Depending on the transfer method you may also have to supply their bank account information.
    4. Enter the amount you want to send, complete your transaction and save your tracking or receipt number to follow up on the progress of your transfer.

    Tips for picking up cash

    Whether picking up funds in Bangkok or anywhere else in the country, a few simple safety precautions will prevent you from becoming a target for thieves.

    • Call ahead. Knowing the company’s business hours and going during daylight hours will help prevent theft.
    • Deposit your money immediately. The sooner you get your money in the bank, the safer it is, so determine your path ahead of time and go straight there.
    • Bring a friend. Having a friend accompany you will deter others from approaching and trying to scam you.
    • Keep your cash hidden. Place your money in your wallet before leaving the office or keep it inside a hidden pocket in your clothes.

    Emergency transfers to Thailand

    You might need to send an emergency cash transfer to Thailand— for example, if a friend travelling through the country loses their wallet. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

    Bottom line

    Overseas money transfers are easy, no matter which method you choose. But knowing how to compare your options gives you a leg up in terms of cost, rates and transfer speeds. An informed choice is your better choice.

    Frequently asked questions

    Cash pickup locations in Thailand

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    Global Reach
    Global Reach
    Send money overseas in a few simple steps Lock in your exchange rate for up to two years Best exchange rate guarantee Personalised quotes and professional customer service
    WorldRemit
    WorldRemit
    Use the code 3FREE to pay no fees on your first three money transfers Choose how you want to send your money - via bank transfer, cash pickup or mobile money Instant money transfers available
    Currencies Direct
    Currencies Direct
    Currencies Direct make moving money abroad simple, swift and secure. Great rates, no fees and expert support whether you transfer online, over the phone or by app. Available in more than 200 countries and 40 currencies
    TransferWise
    TransferWise
    Sign up and start sending money within minutes with this peer-to-peer transfer service Transfer money at the mid-market exchange rate No hidden fees Transfers from pounds typically only take one day
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