Transfering Money Within Thailand

[chiangrai]

This is a really basic question.

What's the easiest was to send money to people within Thailand.

 

I'm transferring money with my Krung Thai Bank online banking system.

They need to send me a code on a mobile phone.

I don't have a mobile phone so I have to use my wife's

 

Is there an easier way to transfer money from my laptop at home

to other people in Thailand.

[DGS1244]

No

[chiangrai]

What about PayPal or Transferwise or like my Irish bank which gives me a

card reader.

Any way which doesn't involve a mobile phone.I also have a Bangkok bank account,

do they use a phone as well.

[talisman01]

It is very easy to transfer money from your KTB, or any, Thai bank account to someone else within Thailand who also has a bank account. It takes just a couple of minutes from any KTB ATM. I have often done this from my own KTB account, just follow the instructions given on the ATM screen to make a transfer. There is usually a 50 baht transaction fee deducted from the amount you want to send. 

[talisman01]

To continue from my post above, if you are outside Thailand then you can make a transfer using Western Union from their app and you can judge whether the fee they charge is bearable or not before you make the transfer.

[talisman01]

If the recipient in Thailand has a bank account then I have also used Transferwise with no problems at all although it will take about 3 days for your transfer to reach the account of the recipient and their fees are very competitive and quite modest compared to some other companies.

[chiangrai]

I know about the ATM method but my only local bank is a  Thai Military bank

and won't allow you to do it unless you have a Thai Military Bank account.

I live in an area where there are many refugees and yaa baa smugglers near the Burmese border.It's a high security area.I have to drive for 2 hours to get to an ordinary bank or ATM.

 

But thanks for the try.......

[wwest5829]

Let's see, thus far I am paying AIS, my rent, transferring to girlfriend, TV service all directly from my bank via my computer. New rental so I need to look into the water & electric bill. Funds from the U.S. also have come directly via bank transfer in U.S.

[chiangrai]

O.k...I've just come out of the dark ages with my international bank transferrs.

I just discovered Transferwise last week on this forum.

 

They are fantastic for international transfers.

Do you know how much they charge.

 

I was also asked when I opened an account if I wanted PayPal on it.

Can it be done on PayPal too and how do the charges compare with 

Transferwise

 

[Maejo Man]

Just had the same problem with internet banking, I called the bank and they told me to download the app for "m-banking" to my mobile and transfer it from there. No need for confirmation SMS to your phone, Quite painless. 

Edited October 4, 2017 by Maejo Man
syntax

[Currumbin]

49 minutes ago, DGS1244 said:

No

Yes, give it to a bar girl and they will send it to their parents.

[Namplik]

5 hours ago, chiangrai said:

This is a really basic question.

What's the easiest was to send money to people within Thailand.

 

I'm transferring money with my Krung Thai Bank online banking system.

They need to send me a code on a mobile phone.

I don't have a mobile phone so I have to use my wife's

 

Is there an easier way to transfer money from my laptop at home

to other people in Thailand.

Get yourself a mobile phone man, why on earth don`t you have one?

[thecyclist]

No need for a mobile phone, you just use your KTB - card at a KTB ATM machine , or via online banking, neither of those require a OTP.

I have a KTB account and have never had any problems with either method.

The OTP is for online purchases with your KTB/visa debit or credit card.

[Namplik]

2 minutes ago, thecyclist said:

No need for a mobile phone, you just use your KTB - card at a KTB ATM machine , or via online banking, neither of those require a OTP.

I have a KTB account and have never had any problems with either method.

The OTP is for online purchases with your KTB/visa debit or credit card.

 

Everybody should have their own mobile phone number connected to their thai banking. OTP are not only for online purchasing! I`m also a long time user of Kasikorn services, Internet banking, card, app....

[dotpoom]

At the ATM if they have a bank account?

[chiangrai]

10 minutes ago, thecyclist said:

No need for a mobile phone, you just use your KTB - card at a KTB ATM machine , or via online banking, neither of those require a OTP.

I have a KTB account and have never had any problems with either method.

The OTP is for online purchases with your KTB/visa debit or credit card.

Yes,I am using my KTB debit card what other way is there to pay online.

 

Can I link my card to a Paypal account and have PayPal pay and not ask for any

OTP.

[Namplik]

2 minutes ago, chiangrai said:

Yes,I am using my KTB debit card what other way is there to pay online.

 

Can I link my card to a Paypal account and have PayPal pay and not ask for any

OTP.

 

You can, but have to make a PayPal account in Thailand that matches your address of your bank account.

[thecyclist]

7 minutes ago, dotpoom said:

At the ATM if they have a bank account?

Of course , you need an account to get an ATM card and use ATM machines.

Namplik, of course, is right:When you open an account you require a mobile phone number,and the bank will send you a confirmation SMS every time you transfer/deposit/withdraw money, but not every single transaction requires an OTP.

[chiangrai]

3 minutes ago, Namplik said:

 

You can, but have to make a PayPal account in Thailand that matches your address of your bank account.

I think that PayPal seems like the way to go.

Do I have to go into the bank to set up a PayPal  account linked

to my debit card.Does everybody in Thailand accept PayPal.

 

I still haven't had time to look into Transferwise.

[hargri]

51 minutes ago, chiangrai said:

O.k...I've just come out of the dark ages with my international bank transferrs.

I just discovered Transferwise last week on this forum.

 

They are fantastic for international transfers.

Do you know how much they charge.

 

I was also asked when I opened an account if I wanted PayPal on it.

Can it be done on PayPal too and how do the charges compare with 

Transferwise

 

I have never used PayPal to transfer funds so cannot comment on them.

TransferWise reduced the charge for Thai baht transfers to .6% plus £1.50 not too long ago so £1000 will cost you £7.50. They take that off the top and you will get £992.50 converted at the actual market rate which you can of course check on various apps. I've used them for ages without problem. 

[Namplik]

4 minutes ago, chiangrai said:

I think that PayPal seems like the way to go.

Do I have to go into the bank to set up a PayPal  account linked

to my debit card.Does everybody in Thailand accept PayPal.

 

I still haven't had time to look into Transferwise.

No, not every online shop has PayPal....

You link your PayPal to your bank account from your PP account. The bank has nothing to do with your PP...

[chiangrai]

What is PP

[skatewash]

1 minute ago, chiangrai said:

What is PP

PayPal

[oldcarguy]

Paypal gives a lousy exchange rate if it goes out of Thai BAHT, 

 

If we transfer money out of paypal to a Thai bank account it can take 5 days

 

Few people in Thailand have even heard of Paypal  and its not easy to get a Paypal account as its "international" and many debit cards cannot do "international"  or Internet unless you  get it set up at your bank,

 

Can you transfer thru 7-11 bill pay ?

[chiangrai]

O.k,just to make it clear.......I am paying Thai people in Thailand with Thai Baht

from my Thai bank account.

 

I'm not doing anything international.

 

PayPal sounded right except that some people don't take PayPal transfers in Thailand.

 

Can I get the bank to notify me by email instead of by phone.

 

 

 

[rasg]

1 hour ago, talisman01 said:

If the recipient in Thailand has a bank account then I have also used Transferwise with no problems at all although it will take about 3 days for your transfer to reach the account of the recipient and their fees are very competitive and quite modest compared to some other companies.

 

Transferwise is the best that I have found to send money from the UK. I've been using it for over a year now and it has been getting a lot faster. Made a payment to a brand new recipient two days ago and the money arrived the following day.

 

Cost of transfer on £80 was £1.50 and the rate was 44.5. I've found comparable but I haven’t found better.

 

Western Union absolutely rob you on the exchange rate unless things have changed recently.

[rasg]

11 minutes ago, chiangrai said:

O.k,just to make it clear.......I am paying Thai people in Thailand with Thai Baht

from my Thai bank account.

 

I'm not doing anything international.

 

PayPal sounded right except that some people don't take PayPal transfers in Thailand.

 

Can I get the bank to notify me by email instead of by phone.

Most banks are using SMS messaging to validate and recipients now. Without a mobile phone it does make life a lot more difficult in that respect.

 

Give your bank a call and check if you can have an email validation, rather than a text.

[TSF]

Try carrier pigeon. 

 

[chiangrai]

3 minutes ago, rasg said:

Give your bank a call and check if you can have an email validation, rather than a text.

Yes that's what I'll have to do.

 

It wouldn't be so bad if I could use the local ATM

anytime the wife was out and I had no mobile phone.

 

Being in a refugee area and not having a cell phone is what's

making it difficult.

 

It's no big deal I just thought I would ask some people if there was a better way.

I did a post last week about international transfers and I found Transferwise.

 I just thought there might be the same improvement with Transfers within Thailand.

 

 

[gk10002000]

1 hour ago, Currumbin said:

Yes, give it to a bar girl and they will send it to their parents.

I got a good laugh out of that one. Thanks for posting