Find the Best Rated Providers to Send Money to Thailand

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Find the Best Rated Providers to Send Money to Thailand

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Our real-time comparison engine finds the cheapest providers for your transfer to Thailand, you save on fees and exchange rates. That way, more money arrives.

How to send money to Thailand

Find out how to transfer money to Thailand at the most competitive cost in four easy steps

1. Check the THB rate against your own currency

Although the evolution of the currency market is uncertain, it never hurts to monitor it to optimize how many Thai bahts you will get for your money. Keep an eye on the evolution of the Thai baht exchange rate and transfer your money when the THB rate gets to a specific level.

2. Compare more than 57 money transfer companies available to send money to Thailand and select the best deal.

Our comparison engine lists many services to send money to Thailand, such as Wise, TransferGo, Wise Multi-Currency Account, Remitly, CurrencyFair. Selecting the most competitive provider from the more than 57 available options is a sure way to save on costs.

3. Choose the best service for your personal needs

Do you want to send money to Thailand at the lowest overall cost, as fast as possible or with the top rated company?

4. Sign up and get started with your transfer with the company you selected

Go to the money transfer provider's website to go through the sign-up process (you usually have to give some information to prove your identity), and configure your money transfer to Thailand.

Best Money Transfer Providers To Send Money to Thailand

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Which Provider Should You Select for Your Next Transfer to Thailand?

The cheapest way to send money to Thailand will almost always be to make a transfer to a bank account in Thailand via a specialized online money transfer operator, which you can pay by debit card or local bank transfer. Services such as Wise or Xendpay are good examples of such solutions, they will offer an exchange rate very close to the mid-market rate and apply transparent and low fees. These solutions will be much cheaper than making an international bank transfer to Thailand with your own bank or using PayPal, as these options generally have higher fees and take a huge margin on the exchange rate when converting your money into Thai bahts.

If your recipient in Thailand doesn’t have a bank account, you also have plenty of good options to choose from. It’s generally worth it to check the money transfers giants Western Union and Moneygram to see if they currently have good offers as they have great coverage of every region in Thailand and offer very fast transfers, however, other companies such as Azimo, WorldRemit, Transfast or Remitly which offer transfers to many pay-out options (cash pick-up, airtime top-up, bank transfer, bill payment) will usually offer you a better deal.

If you’re sending a large amount to Thailand, let's say you are for example an expatriate moving to Bangkok for a few years and you want to take part of your savings with you, or you need to buy property in Thailand, then, we usually recommend to use a foreign exchange company. Most of the big FX companies will support the Thai Baht as receiving currency, we recommend the services of Currency Solutions, OFX, Currencies Direct, Halo or Frontierpay. You can compare these companies with our comparison engine to see which one is likely to give you the most attractive quote.

Whether you’re an expat living in Thailand and regularly need to send money from your home country to Thailand, or you left Thailand to live and work abroad and transfer money back to Thailand to support your family, comparing money transfer solutions before your transfers can help you save a lot on transfer fees and poor exchange rates.

If you’re still using your bank to transfer money to Thailand (or a traditional cash-to-cash money transfer operator, or even worse PayPal), you’re likely paying 3%-5% too much for each of your transfer. There are today a lot of solutions to transfer money to Thailand with transparent fees and great exchange rates, you simply need to compare your options before each of your transfer, for the exact amount you need to send.

What Information Do You Need To Send Money to a Bank Account in Thailand

Name of the recipient
The name of the recipient's bank account holder.

Name of the recipient's bank (ex. The Thai Credit Retail Bank)
The name of the recipient’s bank in Thailand. Often, you will be able to select the name of the bank in the list, in other cases, you have to enter the name yourself.

SWIFT/BIC Code (ex. BKKBTHBK)
The SWIFT (also called BIC) code is a unique code attributed to each bank often used in international transfers.

Account number (ex. 7632234874)
The bank account number of the recipient in Thailand.

Address of the recipient
For legal reasons, you need to communicate the exact postal address of the recipient in Thailand.

To send money to a bank in Thailand, you’ll need some information about the recipient’s bank details in order to set up your transaction. Banks in Thailand don’t use the IBAN system so you will have to enter the bank account number of your recipient (usually a ten-digit number) as well as the SWIFT (or BIC) code to identify the bank in which your recipient has his account. Sometimes, money transfer operators will allow you to select the name of the bank in a list instead of asking you for the SWIFT code.

In addition, for legal reasons, you will need to give the postal address in Thailand of your recipient (not the address of the bank).

Compare all available providers before your next transfer to Thailand

10M+ money transfer comparisons made

With more than six million searches run in 2020 alone, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$38M+ in Transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved nearly $40 million in total to date!
200 services reviewed and compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
650 guides to help you avoid hidden fees

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Questions you may have about your transfers to Thailand

Can I trust a company I found on Monito but have never heard about before?

We review money transfer companies and give them a Monito Score, including a Credibility and Security component. You can find if a money transfer company is reputable and trustworthy in our comparison results or on a company's review page. A general rule is that we only list money transfer operators or banks that are fully authorized and monitored by the regulatory authorities of their operating countries.
How can I use Monito to find the best ways to send money to Thailand?

Before you make a money transfer to Thailand, compare the costs of the different options on Monito. Rates and fees change often, so for the best deal, do a comparison before every transfer — they may have changed since you last sent money. Once you enter the details about how much you want to send and from which country, click on compare. You’ll see a list of all the options to send to Thailand. The best option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or payout methods.
I simply use my bank to send money to Thailand, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (sometimes even zero), but banks often apply inflated exchange rates. We list as many banks as possible in our results, so you can compare and find out if you’d be better off switching to another bank or a specialized money transfer company.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to the money transfer provider’s website to get started with your transfer.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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