How to Send Money to Thailand with CurrencyFair

Thailand is a popular destination for expats, travellers, and business owners, making international money transfers to the country increasingly common. Whether you’re sending money to family, paying for property, or managing business expenses, CurrencyFair offers a fast, secure, and cost-effective solution for transferring Thai Baht (THB).

Why Choose CurrencyFair?

CurrencyFair stands out among money transfer services due to its competitive exchange rates and transparent fees. Unlike traditional banks or other transfer providers, CurrencyFair charges a flat fee of €3 per transaction and adds only 0.45% to the mid-market exchange rate—significantly lower than the 3-6% markup charged by banks.

Key Benefits:

• Bank-beating exchange rates: Save more on every transfer.
• Transparent fees: No hidden costs.
• Fast transfers: 1 to 3 days for the beneficiary to receive the THB transfer*.
• Secure platform: Licensed and regulated.

How to Send Money to Thailand with CurrencyFair

Sending money to Thailand via CurrencyFair is simple and can be completed in just a few steps:

1. Set Up Your Transaction

Log in to your CurrencyFair profile and select Thai Baht (THB) as your target currency. Enter the amount you wish to send and confirm the exchange rate offered.

2. Add Recipient Details

Provide the recipient’s full name, address, bank name, and account number (5–16 digits). This ensures the funds are sent accurately to their Thai bank account.

3. Make a Deposit

Transfer money to your CurrencyFair profile securely via bank transfer. This method ensures you a safe and streamlined process to send you funds.

4. Transfer Funds

Once the funds are deposited into your CurrencyFair profile, they will be exchanged at competitive rates and transferred directly to the recipient’s bank account in Thailand.

How Long Does It Take?

CurrencyFair typically processes transfers within hours for major currencies like THB. However, it will take 1-3 days for the beneficiary to receive the THB transfer, depending on the intermediary bank used.

Comparing Transfer Options

Here’s how CurrencyFair compares with other methods of sending money to Thailand:

CurrencyFair consistently offers lower fees and better exchange rates compared to traditional banks and other providers.

Things to Consider When Sending Money to Thailand

• Transfer Limits: The maximum transfer amount may vary by recipient bank (e.g., Bangkok Bank allows up to THB 2 million per transaction).
• Purpose of Transfer: Be prepared to specify why you’re sending money, as this may be required by Thai banks.
• Tax Implications: Large transfers may need to be declared depending on local regulations.

Start Saving Today!

With CurrencyFair, sending money to Thailand is faster, cheaper, and more secure than ever before. Whether you’re managing personal finances or business transactions, enjoy peace of mind knowing your funds are transferred at bank-beating rates without hidden fees.

Ready to get started? Visit CurrencyFair and start transferring Thai Baht today!

Notes: *Transfer time depends on the beneficiary's country and the intermediary bank used to send funds. For THB, this usually takes 1-3 days