Most payments that you make to Thailand via Moneycorp arrive within 1-2 working days, and you can track your payments and view your full transaction history online. Regardless of how much money you wish to send, we’ll ensure that your payment arrives on time; it does not take longer for large money transfers to arrive.

We offer fee-free online international transfers to Thailand, which means that you’ll benefit from our competitive exchange rates without having to foot the bill for other costs. You can obtain exchange rates from your account manager once you’ve opened a Moneycorp account. We’ll provide you with an online quote, and you’ll be given the option to book an order at the specified exchange rate.

You will only be required to pay online fees if you decide to use a Regular Payment Plan to automate your recurring payments. Please note, however, that certain of our FX tools, such as our forward contracts, require that you pay a nominal fee. Our over-the-phone transfers to Thailand cost a flat rate of £15, which makes Moneycorp an economical option for large money transfers.

In order to send money to a Thai bank account, you’ll need to provide the following information, as well as additional documentation that supports your reason for payment.

• The account holder’s full name and address
• The recipient’s account number
• The recipient’s BIC/SWIFT code
• If you are making a personal payment: Photographic ID of the recipient and a copy of the recipient’s bank statement that is less than three months old, with proof of address
• If you are paying money into your own account in Thailand: A bank statement from the recipient account, less than three months old
• If you are making a business payment: An Invoice with the supplier’s name and address

These final three items can be sent in PDF form or as clear scans to privateclientservices@moneycorp.com if you wish to make a personal payment, or to clientservices@moneycorp.com if you wish to make a business payment. If you have any questions regarding a personal payment that you’d like to make to Thailand, call our team on 0207 589 3000. Please call 0207 823 7878 regarding business payments.

Read our in-depth guide for more information regarding BIC/SWIFT codes and IBANs.

There is an upper limit of £100,000 on personal transfers that can be made through our online platform to Thailand. Transfers that are made over the phone, on the other hand, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone in order to make larger payments from the UK to Thailand.

We can help you make payments to most of the major banks in Thailand, including but not limited to:

• Bangkok Bank
• Krungthai Bank
• Kasikornbank (KBank)
• Siam Commercial Bank
• Bank of Ayudhya
• Deutsche Bank Thailand

It does not necessarily mean that we cannot help you make your payment if your bank is not included in this list. Speak to one of our specialists today to find out if we can assist you.

At the beginning of 2023, the British Pound to Thai baht exchange rate was 41.2. As with all exchange rates, however, this rate is subject to constant change. Use our Currency Zone to stay up to date with the British Pound to Thai baht exchange rate.

Once you’ve opened a Moneycorp account, you will be able to obtain exchange rates from your account manager. We’ll provide you with an online quote, and you can then book your order at the specified exchange rate. Exchange rates change each second, and so your order will only be locked in after you have secured your transaction.

There is not a definitive ‘best time’ to make an international money transfer to Thailand. Lots of things change on a daily basis, such as inflation and interest rates, and these in turn have an impact on the GBP to THB exchange rate.

We advise, therefore, that you set up a rate alert for your desired exchange rate. We’ll notify you via email and/or SMS if the rate has moved to your target level, making it far easier for you to get the best value for money without having to constantly check the exchange rates.