Connect with us

Make Money Transfers Effortless & Affordable

Bangkok

Make Money Transfers Effortless & Affordable

When it comes to financial matters in Thailand, expats are subject to a steep learning curve with banks that typically involves the words “Mai dai” and is as arduous as it sounds. From the slow, paperwork-heavy process of opening an account to the equally bureaucratic procedure for trying to send money back to your country of origin, Doi Inthanon is less of an uphill battle than Thai banking administration.

Which is why, when faced with the combination of dense documentation, slow approval times, and odds-on rejection, we turn to fellow expats for clarity, information, and help. And so, the subject of how best to wire money home comes up often on Thai expat forums—from ThaiVisa.com to Facebook and beyond. It’s a familiar post that is almost tedious for some in its repetition because so far, there hasn’t been a cost-effective, transparent option available.

comment01

But no more! Simply share this article with any future perplexed inquirers that you come across. Help them out of the darkness and into the light with information about choosing the right digital money transfer provider. Yes, PayPal would work, BUT both you and your recipient will be charged a fee for the transaction on top of a hefty exchange commission. Choose better, choose DeeMoney instead.

Many digital money platforms suggest that they will offer the exact type of international transfer that you need to wire money abroad from Thailand. However, this isn’t always true and your options are limited by high fees and hidden transaction charges with traditional money transfer models. Here’s a comparison of the top five digital money platforms for making global transfers. The table also highlights which ones actually allow you to send THB currency.

Transfer CompanySend THBDetailsTransfer Fee AmountAll logos are free to share and use even commercially and all info is publically available online.
 paypalFrom balance or linked bank account.$4.99 (Approx. 163THB) + Fixed Fee depending on the receiving country. Plus, Recipient pays fees to recieve funds from 2.9 – 5.4%.
From another payment method.$4.99 +3.4% + Fixed fee.
 deeOnce registered as a DeeMoney Member, you can send THB from the DeeMoney application.Credit your transfers:

  • Directly from your Thai bank
  • Via a unique QR code
  • Through the KPlus app
  • At an ATM
150THB ONLY to 17 countries across the globe including the USA, the UK, and Australia.
 westernTechnically, online transfers can only be made through Western Union from pre-registered bank accounts with:

  • Bank Of Ayudhya
  • Krung Thai Bank
The transfer fee increases as the remittance amount does—BOA starts at 250THB.

Hifx

Money is exchanged into a Pound Sterling account before transfer.
 wiseTransferWise’s Borderless account does not support the upload and transfer of THB.

Fully-developed FinTech company, DeeMoney is uniquely positioned as the ONLY non-bank entity based in Thailand to hold the required special international money transfer and money exchange licenses for wiring Thai baht abroad. All approved and issued by the Bank of Thailand. DeeMoney is also offering an industry-first flat-fee of just 150 THB per transaction for amounts starting from 1,000 to 800,000 THB to 17 countries across the world.

Outside of the straightforward one-time registration process, there are no forms to fill in to send money to an international account. Just download the DeeMoney mobile application from the iTunes store or on Android and enter your recipient’s details to make your first transfer in seconds. Send money from your phone any time, anywhere, and make huge savings on your international salary remittance transactions. Make your money transfers effortless and affordable.

Continue Reading

More in Bangkok

Join our Newsletter

Events

may, 2019

06feb(feb 6)00:0031dec(dec 31)23:59New Flavours at Trader Vic’s at Anantara Riverside Bangkok ResortChef Manuel Gastelum launches Trader Vic’s new menu for a new year, with an exotic medley of Pacific Rim flavours.

01mar00:0031may(may 31)23:59Mango Madness at The Eatery Four Points by Sheraton BangkokThe Eatery at Four Points by Sheraton Bangkok, Sukhumvit 15 invites all mango lovers to experience a 4 highlights of ‘Mango madness’ menu made from Nam Dok Mai mango Mango, a gold-yellow fruit with a delicious sweet taste and unique aroma.

03mar(mar 3)11:3029dec(dec 29)15:30Every Sunday Penthouse Brunch at Park Hyatt BangkokMake Penthouse Brunch the highlight of your Sunday and immerse in a one-of-a-kind brunch experience above the city.

15mar(mar 15)00:0030jun(jun 30)23:59Friday Night is Thai Night at Trader Vic’s Anantara Riverside Bangkok ResortUnwind after work overlooking the river and start your weekend in style. Trader Vic’s tropical hideaway is transformed by the spices of Thailand each Friday evening from 5 pm. Available from 15 March – 30 June 2019.

17mar(mar 17)12:0029dec(dec 29)15:00Sunday Brunch at NEXT2 Café, Shangri-La Hotel, BangkokSunday Brunch at NEXT2 Café is packed with wonderful flavors awaiting your indulgence. Enjoy some quality time with your loved ones.

19mar(mar 19)00:0031may(may 31)23:59Snack Box by Design Four Points by Sheraton BangkokMade your day successfully with customized snack box delivered straight to your meetings, events and parties from Four Points by Sheraton Bangkok, Sukhumvit 15.

20mar(mar 20)14:2030jun(jun 30)14:20Weekday Lunches at Benihana Anantara Riverside Bangkok ResortAnantara Riverside Bangkok Resort brings the world-famous flair of Benihana to the riverside. And with an express set lunch now on offer, experience all the theatrics during a business meet-up or quick weekday gathering with friends. Available form now until 30th June 2019.

31mar(mar 31)12:3029dec(dec 29)16:00Glamorous Black & White Sunday Brunch at Siam Kempinski Hotel BangkokCome celebrate a leisurely afternoon indulging in gourmet delights, caviar tasting, Blanc de Blancs champagne and smooth jazz at Brasserie Europa one of Bangkok’s best brunch places.

05apr(apr 5)18:0030jun(jun 30)22:30Prime Time @ Rossini’s, Sheraton Grande Sukhumvit, A Luxury Collection Hotel, BangkokEnjoy premium quality dry aged Australian beef with wines from Wine Spectator awarded primoVino by Rossini’s.

14apr(apr 14)12:0005jan(jan 5)15:30Gourmet Sunday Brunch with Unlimited Lobster at The Athenee Hotel, a Luxury Collection Hotel, BangkokA special seafood selection sumptuous spring vegetable salads, splendid carvery, plus grills, foie gras and more live stations, enhance the array.

18apr(apr 18)18:3026dec(dec 26)22:30Along the Silk Road Night at Shangri-La Hotel, BangkokTake the venture along the Silk Road on every Thursday night at Shangri-La Hotel, Bangkok’s NEXT2 Café.

26apr(apr 26)10:0031jul(jul 31)22:00From Monet to Kandinsky at River City BangkokRiver City Bangkok is proud to bring the works of Europe’s most recognized modernist painters to Bangkok, the first time in Asia.

30apr(apr 30)10:0002jun(jun 2)20:00Thailand Mobile Expo at Bitec BangnaThailand Mobile Expo, the leading mobile exhibition in Thailand. There you will find latest technologies for smartphones, tablets, gadgets and other IT accessories.

01may00:0030jun(jun 30)23:59Surf or Turf? at amBar Four Points by Sheraton Bangkok

03may(may 3)11:3007jun(jun 7)22:00Rice Dumpling Festival 2019 at Shangri-La Hotel, Bangkok“Rice Dumpling Festival” also known as “Dragon Boat Festival” is an occasion that family’s members will be reunified to celebrate and praise for their antecedents.

12may(may 12)11:3026(may 26)15:00The District Sunday Brunch / Live lobster Extravaganza at Bangkok Marriott Hotel SukhumvitJoin us new Sunday Brunch experience at Bangkok Marriott Hotel Sukhumvit.

18may(may 18)12:1525(may 25)15:00Free-Flow Saturday Brunch at Prime + Urban Grill Restaurant & BarOnly ฿990++ including: FREE-FLOW Sparkling Wine + Bloody Mary

18may(may 18)12:3029jun(jun 29)15:00New Saturday Brunch Special at ScaliniNew Scalini Saturday Brunch features Mediterranean dishes such as Galician kraken, butterfly Boston lobster, and fresh sea urchins.

20may(may 20)18:0026(may 26)22:00Primosic Wine & Dine at Rossini’sDon’t miss Chef Gaetano’s new Primosic Wine & Dine lunch and dinner menus, and gourmet Primosic Wine Dinner at Rossini’s.

22may17:0020:00AustCham Multi-Chamber Hospitality & Tourism Dinner at Hilton Sukhumvit HotelOur exclusive panel features key speakers from emerging, as well as established global payment/banking institutions including Paypal, TicketMelon, Dollarsmart, Visa and Agoda.

23mayalldayPirates and cross dressing on the Twelfth NightTwelfth Night is a classic Shakespearian comedy that dared to question gender norms long before it was fashionable.

23may(may 23)09:0024(may 24)16:00EQ For Innovative Thinking at The Landmark Bangkok HotelUnleash your emotional intelligence (EQ) to release your creativity and achieve personal fulfillment in the workplace

24may20:3023:30Bring Back The 80’s at The Rock Pub – Bangkok`s House Of RockGuns n’ Roses | Skid Row | X-Japan | Motley Crue | Van Halen | Def Leppard | Warrant | Bon Jovi | Europe | Whitesnake | Ozzy | Extreme | Mr. Big

24may20:3022:30Improv Against Humanity – Live Improv Comedy! at Comedy Club BangkokThe famous card game for truly terrible people comes to life, and provides the inspiration for hilarious and inappropriate improvised scenes!

25mayalldayRCB FILM CLUB: ‘THE CHAIR OF HAPPINESS’ ItalyFREE SCREENING! VENUE: RCB FORUM (2nd Floor, River City Bangkok)

25mayalldayWedding Fair 2019 at Four Points by Sheraton Bangkok Sukhumvit 15All your wedding needs, made it easy at Four Points by Sheraton Bangkok, Sukhumvit 15.

25may(may 25)09:0026(may 26)17:00Open House – The Athenee Hotel, a Luxury Collection HotelCome and join our open house event to explore available opportunities to grow your rewarding career and advancement in our new restaurant and spa concepts.

25may13:0021:00SO Pool Party at SO Sofitel BangkokSO Pool Party Expect 8 hours of wet ‘n’ chill, special drink promos, plus fun peeps partying it up to the beat of mister DJs spinning their tracks for you, all these against the backdrop of Lumpini Park!

25may13:0020:00Summer Breeze Pool Party at Rembrandt Hotel & Towers, BangkokShake things up and keep it hot while moving to the beats from multiple DJ’s by the pool.

25may19:3023:00Costa d’AMALFI exclusively yours at Calderazzo on 31 BangkokCosta d’AMALFI exclusively [email protected] on 31 May 25 2019, 730pm

25may(may 25)23:0026(may 26)02:0020th Amari Watergate Bangkok Charity Midnight Run 2019The only race in Bangkok to take place on the capital’s streets at midnight, the Midnight Run sees many runners competing in this annual event.

26may(may 26)12:0016jun(jun 16)15:30Happy Father’s and Mother’s Day at So Sofitel BangkokMes parents Je Vous Aime Happy Father’s and Mother’s Day at So Sofitel Bangkok

26may14:0020:30Splash Pool Party ✭ Hip Hop at Aloft Bangkok Sukhumvit 11Let’s get ready for our next pool party!

27may(may 27)11:0031(may 31)20:00Wedding Speed Date at W BangkokW Bangkok Hotel and The House on Sathorn WEDDING SPEED DATE offers a special offer for wedding ceremonies

30mayalldayThe Hope Fair Summer edition 2019 at Rembrandt Hotel & Towers BangkokThe Hope Fair is a socially responsible day of shopping extravaganza with no entrance fee presenting more than 100 artisans and entrepreneurs who all donate to the kids of the slums of Klongtoey.

31may19:0022:00Food & Wine Tasting Night at MOJJO Rooftop Lounge & BarJoin us for a sociable tasting of 5 Different Grapes paired with 5 Different Live Food stations by french chef Freddy

Trending

Sponsor

To Top
X