Best way to transfer money to Thailand please?

[Suitcase]

17 hours ago, problemfarang said:

 

yes thats what im doing. but like i said there are lot of cuts. like almost half of the money gone

so im looking for another way

If you are using swift, tell your bank to make the conversion in Thailand and not halfway there
You should get a better rate

[Suitcase]

16 hours ago, norsurin said:

I used Wise today to transfer money to kasikorn bank.It only took 6 seconds and the money was in the account.

Fastest i ever experienced.I transferred directly from my creditcard.

I have been using Wise for several years now taking only seconds for it to transfer

But since last summer, it has been taking up to SIX DAYS

I have asked them why and I don’t get an answer

i’m transferring from the US to Thailand

    looking at getting a Schwab account where they reimburse you the ATM fees and you can withdraw up to $1000 per day

[Suitcase]

16 hours ago, norsurin said:

I used Wise today to transfer money to kasikorn bank.It only took 6 seconds and the money was in the account.

Fastest i ever experienced.I transferred directly from my creditcard.

That must be expensive using your credit card for funds plus a charge from Wise

[sandyf]

14 hours ago, problemfarang said:

 

im a volunteer fighter in ukraine for the last 2 yrs now.

but my family member from turkey will send some money from turkey to a thai bank account. he told me he cannot link his or my banks to wire because its only accepting american banks.

other way is to send via credit or debit card but he said asking passport and also documents to confirm your address. but i think thats because he said he opened an account in wise. can he still send to thailand without opening an account in wise?

he told me he came to the screen where he should enter the bank info but he didnt do anything before getting more info

thanks

He would need to follow the guidance.

 

https://wise.com/help/articles/18ewShSmFf7tJ7mm2Zp6H7/restrictions-for-customers-based-in-turkiye

[Imd8ta]

I have a Bangkok bank account here. If you are in the USA there is a Bangkok Bank in New York. Send your money to Bangkok Bank in New York using your Bangkok Bank in Thailand's account number. There is no middle man as is going to Bangkok Bank directly and you'll have it the next day. A been doing this for 10 years

[Imd8ta]

It's also a domestic transfer not an international one so it will cost you a lot less money

[bkk_mike]

15 hours ago, Magictoad said:

I use Wise formally Transferwise to move money between my UK & Thailand  accounts. It's fine. No problem. 

Between?

I've used Wise to transfer money TO Thailand (from UK and Hong Kong), but I don't think it lets you transfer FROM Thailand.

As everyone else is saying... Small amounts, you use Wise as it's costs are based on the amount being transferred. For large amounts (somewhere north of $10K) it can be worth checking if Swift is cheaper, but you have to make 100% sure your home country bank doesn't do the FX conversion to Thai Baht.

One thing, if you're transferring money to buy property, I think you have to use Swift, AND it has to enter Thailand in the foreign currency. Because you need the bank to sign off that the money was transferred from abroad.

[DaveBart]

I just used wise yesterday, transferred £800 from HSBC in England to Bangkok bank,they charged £8 and it took only a couple of hours 

[KannikaP]

17 hours ago, problemfarang said:

 

 

 

 

thank you

 

wise is downloaded.. it seems i cannot link my thai bank or any other bank but only american bank thats why i think its american thing. 

but seems i can send money via using debit or credit card (because cannot link my thai bank account) to a thai account.. is it true?

also it seems i can deposit some money into wise and send it..

 

You must deposit money into one of your WISE accounts, GBP, USD, EUR, AED, THB, before you can send it.

Transfer can be via Credit, Debit card or Bank Transfer.

Been using it for many years with no problems at all.

[harryviking]

I go online to my bank here in Scandinavia, transfere to an account in Thailand and money is in my account the next day! Just make sure you transfere eraly in the day. If late it might take 2 days.

[KannikaP]

37 minutes ago, bkk_mike said:

One thing, if you're transferring money to buy property, I think you have to use Swift, AND it has to enter Thailand in the foreign currency. Because you need the bank to sign off that the money was transferred from abroad.

There are the options to select the reason for sending say GBP to THB.

Select Buying Property or Long Time Stay in Thailand, and it should arrive same day if initiated before 6amm Thai time, or next day at 14.03 otherwise.

Always says International Transfer (FTT) on my Bank Book and Statement.

[Gottfrid]

15 hours ago, problemfarang said:

 

well last time transfered 100usd got 3120 baht to kasikorn took 2 days

3 days later same amount this time kasikorn told me they got oly 64usd so i got 1810 baht.. sender and kasikorn has no idea what happened to 36usd?! they both blaming each other or the middle banks

but cannot explain why first time got 3k baht but now half of it

 

another time 400 usd should be around 8400 baht got 7200 baht

You can not keep on transferring the low amounts that you do. You will end up losing every time. Minimum 1k usd. Anyway, if you transfer low amounts, WISE will be your best option for both sender and receiver. If sender pays, WU will also be a good option for you.

 

[norsurin]

2 hours ago, Suitcase said:

That must be expensive using your credit card for funds plus a charge from Wise

About 2 euros 

[flexomike]

3 hours ago, Imd8ta said:

I have a Bangkok bank account here. If you are in the USA there is a Bangkok Bank in New York. Send your money to Bangkok Bank in New York using your Bangkok Bank in Thailand's account number. There is no middle man as is going to Bangkok Bank directly and you'll have it the next day. A been doing this for 10 years

That will only work if your source of funds can do an ACH transfer to the NY branch very few financial institutions use this method. The US government can go this route for SS and governmental pensions. I know longer can go this route so I just do a once a year large transfer from my bank via swift.

[Regyai]

19 hours ago, CanadaSam said:

Wise is not restricted to US bank accounts.  You can open a Wise account in many currencies, and many countries.  And it is 95% within seconds.

 

Normal swift bank accounts take a couple days.  Forget about Western Union, IMHO they are crooks.  Huge fees for both parties, and also terrible exchange rates, much time wasted at WU counters to collect funds, etc. etc.

 

WU cash pick-ups yes indeed, usurious outdated nonsense. WU direct to bank account not so bad and actually one of the few painless ways of sending money out of Thailand

[nglodnig]

21 hours ago, problemfarang said:

like almost half of the money gone

It's not a US account but normally there is a flat fee (approx twenty dollars at least that's what I pay) regardless of the amount sent.  So the more sent the cheaper it works out.

 

Did you send ten dollars?

[norsurin]

I transfer from my creditcard directly to my kaikorn account.Takes only seconds everytime.I use my wise account.

I have 3 cards from Wise and use that sometime 

[Magictoad]

23 hours ago, problemfarang said:

Hi

im looking for a fast, easy and cheap way to transfer money to thai bank account (kasikorn or bangkok bank)

 

im aware that i can transfer money to the account directly from my account. it takes 2-3 days and also sender bank + middle bank + kasikorn or bangkok bank cuts almost half of the money. so im looking for another way

 

i also know about wise. but i think its only for USA? because it connects only usa bank account to wise mobile app i tihnk.. if not please let me know how to do.

 

bangkok bank mobile app also has western union / prompt pay international.. how fast is western union and cheaper than 3 bank cuts?

 

or please let me know if you know any other way.. 

 

thanks

WISE to Bangkok bank is fast & cheap

[treetops]

8 minutes ago, norsurin said:

I transfer from my creditcard directly to my kaikorn account.Takes only seconds everytime.I use my wise account.

I have 3 cards from Wise and use that sometime 

 

Using  credit card to fund wise is the most expensive method for GBP, EUR, USD and probably more.  Is there a reason you don't fund your transfers using a cheaper method?  Example shown is for £1,000 GBP.

 

[markus]

On 5/15/2025 at 9:17 AM, problemfarang said:

Hi

im looking for a fast, easy and cheap way to transfer money to thai bank account (kasikorn or bangkok bank)

 

im aware that i can transfer money to the account directly from my account. it takes 2-3 days and also sender bank + middle bank + kasikorn or bangkok bank cuts almost half of the money. so im looking for another way

 

i also know about wise. but i think its only for USA? because it connects only usa bank account to wise mobile app i tihnk.. if not please let me know how to do.

 

bangkok bank mobile app also has western union / prompt pay international.. how fast is western union and cheaper than 3 bank cuts?

 

or please let me know if you know any other way.. 

 

thanks

You did not tell us from which country you want to transfer ...

[WDSmart]

That all depends on what you mean by "best way." Is it the fastest, cheapest, most reliable, or the ones accepted by Thai Immigration?

I use an international wire transfer to transfer money from the USA (Bank of America) to my bank in Thailand (Krungsri). It's more expensive than most ($40) but very fast (next day), and Thai Immigration considers it an acceptable deposit.

[treetops]

3 hours ago, KannikaP said:

You must deposit money into one of your WISE accounts, GBP, USD, EUR, AED, THB, before you can send it.

 

i've only ever done that once just to try something out.  I normally just set up a transfer and fund it from my UK bank, but that money never appears in my Wise account.

[Equatorial]

5 hours ago, Imd8ta said:

If you are in the USA there is a Bangkok Bank in New York. Send your money to Bangkok Bank in New York using your Bangkok Bank in Thailand's account number.

 

Do you need to make any prior arrangements, or do you just send the money and it magically appears in Thailand? Also, how exactly do you "send" it? Their website says they don't accept ACH transfers, only "international ACH" transfers, but I have not found a way to do that from my US-based credit union.

[BeastOfBodmin]

On 5/15/2025 at 2:17 PM, problemfarang said:

Hi

im looking for a fast, easy and cheap way to transfer money to thai bank account (kasikorn or bangkok bank)

 

im aware that i can transfer money to the account directly from my account. it takes 2-3 days and also sender bank + middle bank + kasikorn or bangkok bank cuts almost half of the money. so im looking for another way

 

i also know about wise. but i think its only for USA? because it connects only usa bank account to wise mobile app i tihnk.. if not please let me know how to do.

 

bangkok bank mobile app also has western union / prompt pay international.. how fast is western union and cheaper than 3 bank cuts?

 

or please let me know if you know any other way.. 

 

thanks

You can use Wise. It's not just for USA use. Wise is registered in the UK. As far as I know, the only outfit that matches Wise for [insert favourite government-issued toilet paper name here] to THB is Revolut.

 

Getting THB out of the Thai banking system as efficiently is another matter (for example, Wise won't let you do this). I can feel a new thread coming on...

[Geordieabroad]

WISE is actually a British based company although it is available worldwide.  I transfer regularly from my UK WISE account to Kasikorn.

The transfer fee is always 0.6% of the transfer amount and the transfer takes roughly 10 seconds.

Been using WISE for about 7 years and never had any problems

[orchidfan]

I have recently (this week) used WISE to transfer AUD, which I first deposit into my Wise AUD account.

 

In the past, over dozens of transfers.  it took seconds to be in my THB, Bangkok Bank account.

 

BUT, this week, without explanation,it is taking until 2..13pm (exactly each time) the next day to arrive!! WEIRD.

 

Have always used "Personal Expenses " as the reason.

 

So something has happened at the thai end, I'm assuming .

No changes to accounts, banks or reasons whatsoever  

 

So, for me anyway, the 1 minute transfers seem to have stopped !

[treetops]

6 minutes ago, orchidfan said:

BUT, this week, without explanation,it is taking until 2..13pm (exactly each time) the next day to arrive!!

 

And I bet it had the International Transfer annotation too?  I had similar but from the UK.

[shocky2012]

Remitely.

I use that to send from my credit card to my Thai bank. Takes like 1 minute and you receive it instantly.

Wise is good too but there is delay sometimes.