Answered5 years ago
What are the best ways to send money to Thailand while avoiding high fees?
This may not be the right place to ask this? But I bet someone knows.
I currently use Western Union to send money to Thailand.
Is there a cheaper way?
I know some of you boneheads are going to make some stupid remarks?
I’m waiting? 😂😂😂 555
I currently use Western Union to send money to Thailand.
Is there a cheaper way?
I know some of you boneheads are going to make some stupid remarks?
I’m waiting? 😂😂😂 555
Answer summary
The discussion revolves around finding cheaper alternatives to Western Union for sending money to Thailand. Several users recommend using Wise, previously known as TransferWise, for its low fees and good exchange rates. Others mention options like cryptocurrency, bank transfers, and services like Azimo as potential alternatives. Key points include the necessity of considering transaction fees, exchange rates, and reliability of services. Overall, Wise seems to be the most frequently recommended service, praised for its efficiency and affordability.
137 repliesnewest first
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Ricky *********
Hi Gene, 1. Crypto. The whole reason behind crypto is facilitate movement of funds without paying transaction costs that are outdated (given current technology). I know most people use it as a speculation vehicle..but that's like day-trading yahoo stock in 1993! So use wise this time. But making a series of videos on how to use crypto in daily life. ITS EASY. I'll post them on Thai Expat sites in August. 2. I like 'bonehead' remarks, btw - isn't that what FB is for?
Incognia **********
@Carlo ***********
You are exactly right.I am always using crypto money is going very safe and secure.
Tod *********
Dunno what you pay to bring that money in via Western Union
BUT
here's how much it costs me to bring in 1000USD via Wise
BUT
here's how much it costs me to bring in 1000USD via Wise
Incognia **********
Crypto market the best and cheapest way.Money will be in your thai bank account just in 2 3 minutes and just 0.5percent
JD ********
One other advantage of what I described above is that the U. S. Social Security Admin has designated CFSB as a Direct Deposit bank for your monthly Social security benefits. This works for any government, military or private pension fund.
JD ********
Example - an American who gets the Wise Borderless Account gets a Wise sponsored limited use checking account at at Wise Partner Bank (usually the Community Federal Savings Bank NY NY. (CFSB). You are issued an Account number that begins with 8. You get sent the CFSB ACH Routing Number (Automated Clearing House. This means that anyone in the USA who needs to Send you money can do so with a super simple and cheap ACH funds transfer to your Borderless Account Bank. The neat thing about this is that as soon as the money clears CFSB - the funds automatically enter your Wise Borderless Account. You are sent signals and emails that the money has arrived. You then go online or use the Wise App and SEND the money to any Predefined Recipient Bank or Wallet that you have defined anywhere in the world - Thailand, etc.
JD ********
If you opt for the Wise Borderless Account you can pause the money flow - then split the funds into parts sending some to 2-3 different Predefined Recipient Banks... (anywhere in the world - even to a bank back in the Home country.
Matt *******
@Tod ********
So can you send it to yourself and collect as cash or send it to your thai bank?Tod *********
@Matt ******
thai bankJD ********
Wise.com
Simon *******
Wise used to be transfer wise really easy 🙏🙏🙏
John *********
TORfx
Gene **********
OPI’m going with Wise! Thx!
Jean *****************
Wise the best
Bryan *******
Had zero issues with Moneygram
Andrew ********
Download app called Azimo any amount sent is £1.50 but is in Thai bank in less than 5 min
Edwin *******
Moneygram
Jay **********
wise
John ******
Wise.com
John *******
Use Wise all the time 😎
Chris *****
Online WU is cheap.
3.90 euros for send 3500 euros.
Rate perfect, 37.12 baht /euros
Paypal expensiv, and bad rate, 34.13 baht /1 euro.
3.90 euros for send 3500 euros.
Rate perfect, 37.12 baht /euros
Paypal expensiv, and bad rate, 34.13 baht /1 euro.
Brian ********
Transfer wise
Lynnette *******
Wise. They are cheap, good exchange rate and transfer is almost instant.
Kevin *********
Transfer wise
Kevin *********
Pay pal only £3 fees
Hans *********
@Kevin ********
and exchangrate???
Patsy ********
Transfer Wise renamed Wise , use them all the time , fast transfer and low cost
Rob *************
@Gene *********
There's a group specifically aimed at (Transfer)Wise solutions for Thailand.**************************************
Martin ***********
Wise
Hans *************
Wise!
Daniel **********
Transferwise.
Seth ********
I use Western Union and it is only £1.90 each time. Maybe you need to set up an account or change the account somehow.
Of course the fee is irrelevant as it is the exchange rate that is more important.
Of course the fee is irrelevant as it is the exchange rate that is more important.
Didrik *********
Wise, takes minutes.
Alex *******
Azimo... Been using them for a long time now... Almost always took 3 days when transferring but at the minute can be in the bank in half an hour,, less traffic it seems... Once they have your details it is so easy, do not even have to put card details in.. I used transfer wise before but I find this site flawless...
Devance *****
Where is the place to extend Covid19 visa in Bangkok
What is the full address?
What is the full address?
Carlo ********
Wise fasyedt ceapest
Nadine ********
Wise (former TransferWise)
Kevin *******
Transferwise Now WISE -
****************
Dan **********
I used western union until recently. But their rate has really gotten low. Switch to wise. Very easy and better rate Evan with the fee
Frank ********
Xoom.com
Hans *********
@Frank *******
You look wise and forget all other!
Nigel ********
As above wise formerly TransferWise
John ********
From where
John ********
i use my canadian bank
Gene **********
OP@John *******
USA
Desmond ********
Contact "Transfer Wise", good exchange rate, efficient, pollite, I've used them 4 times, never a problem. Tell them that I told u about them. PS, They're now called "Wise"
Matt *******
Bank transfer
Hans *********
@Matt ******
sorry you loose to much MoneyMatt *******
@Hans ********
Not on the exchange rate compared to western Union if you’re with a good bank. My bank charged around 20 euros but you made up for it with a good exchange rate. This how a used to pay my condo bills and transfer to my thai bank . 
Bo *******
Wise all time!
อาจารย์ *******
How is MoneyGram ?!?
Paolo ************
Azimo for me was better than Wise for the first 2 transfers and in addition a friend referral promo code. This is my promo code if you are interested in: PAOLOV14
James **********
"Wise" .com have the best exchange rate you'll find anywhere, and their fees are the lowest. Much better than Western Union - I've used both. Use my invite link here to create an account:
*************************************
Danny *******
Transferwise
Merv *******
i unfortunately used Moneygram twice when local Western Union not available and apart from being more expensive had hassles from their admin delaying both transfers.
Philip *********
Pay pal...if receiver has an account
Allan ********
not sure where you are but in Singapore we can make a bank deposit through a remittance service. very easy
Stefan **********
Absolutely Wise!
They charge you no more than 0,5% and use the official worldwide currency rate.
Here with my link you get your first 500 Euros transfered without any fees.
They charge you no more than 0,5% and use the official worldwide currency rate.
Here with my link you get your first 500 Euros transfered without any fees.
************************************
Luc ************
Wise is the cheapest.
Vance *********
Not sure if cheaper but ‘Wise’ might be an option . Check them out
Francesco **********
litecoin is the best, fastest and cheapest way
Wayne ************
Wise
Edward ******
TT. Wire transfer cheaper n secured
Vanessza ********
Anyone experience with Revolut?
Joseph *********
Wise.
Louise *********
Azimo is good, I used them 2 times no problems
Hans *********
wise - formerly Transfer Wise!
My Retirement gos to W and I book it to my Thai Account, most some Second's!
Cheapest Way most Money for you!!!
My Retirement gos to W and I book it to my Thai Account, most some Second's!
Cheapest Way most Money for you!!!
Trevor *******
Looked at monitor.com, as advised by a previous poster.
This company said that Azimo would be the cheapest platform.
For 1000GBP to THB, they quoted ฿44,603.
Wise ฿44,858.
Moral: stick to Wise!!
This company said that Azimo would be the cheapest platform.
For 1000GBP to THB, they quoted ฿44,603.
Wise ฿44,858.
Moral: stick to Wise!!
Charlie **********
Transferwise?
Hans *********
@Charlie *********
now only WISE!Charlie **********
@Hans ********
has better exchange rates compared to paypal
Brent *******
Use Wise.... way cheaper tan remit or others
Chris **********
Yesterday I sent money by Wise from my account in Germany to my wifes account in Thailand. After 3 second the money arrived.
Peter ***********
TransferWise.
Now called Wize.
Now called Wize.
Terry **********
@Peter **********
WisePeter ***********
@Terry *********
thankyou Peter ***********
@Terry *********
I'm a mongrel. Born in UK... Polish father..
Ukrainian mother.
I can be anybody when it suits 😂
Terry **********
@Peter **********
you're welcome bud. Keep at the English language, you seem to be getting along OK.
J ******************
Hey Man , don't insite em , it's outta control here all shits - giggles 😂🤣‼️ , with a Militant edge 🤣😂🎯
George ********
A Non bonehead move would be telling what country you intend to send money from.
Tony *******
You bank
Mike ********
Wise or Revolut
Simon **********
Wise
Paul ********
Been using for yrs
Paul ********
Wise m8
Karan ******
Transfer Wise or Wise as it’s now known.
Clive ******
Transfer Wise
Mark *******
@Clive *****
Correct and the exchange rate is a little high compared to WU.
Craig ********
I have tried everything and outside opening a Thai account and sending it electronically, there is no better or safer way other than Western Union. If you can, transfer it to Thai bank account or an account outside Thailand that she has access to
Andrew *********
Send it to me , I will make sure they get it , no hidden costs , no interest rates . No questions asked 👍
Gene **********
OP@Andrew ********
I wasn’t offended! Like I said someone on here will say something crazy! It always happens! Does not bother me at all!Hans *********
@Andrew ********
Have you always been the clown?If you cannot simply answer a simple question, just scroll on without a mindless comment!
This is a Group to help People if you know what is it!
Gabi *****
@Hans ********
bla bla bla. you don’t even know if he was being sarcastic or if he really wanted to help. it’s about knowing how to interpret a text. you’re in thailand, go chill dude ✌🏼
Оливер *********
Gene **********
OP@Andrew ********
thanks sir!Hans *********
Gene **********
OPThank you! Will look into Wise to compare.
Ross ************
WISE, used to be transferwise. May depend on amount. Also usually happens in seconds. Can use Poli, direct transfer to Wise and other techniques.
Ross *******
I use transfer wise, good rate , lowest fee l found and average
*****
hrs to transfer week days. 
Richard *********
Wise (was transfer Wise)
Tara ********
Wise is the absolute best way to transfer her...best exchange rates and lowest fees by far
Gyorgy ********
I used Western Union a long time ago but was put wise so changed to wise, the best move I made. Use wise.
David ***********
Wise defo
Mustafa ******
Unironically Bitcoin Cash
Jim **********
I use wise once a month from Oz to my thai bank $1500 and it costs $10,50 and takes about 6 hours to hit my bank
Angie ***********
Wise as Steve said simple fast and generally around the cheapest overall I use them all the time.
Steve ***********
TransferWise, I think they changed their name to Wise - wise.com
Jill ***********
They state Wise from
NZ. That’s who I’ve always used
NZ. That’s who I’ve always used
กะลาสี *****
If you want to know the best rates then check out monito.com. Monito is like a search engine for money transfer companies (see attached screen shot.) You can compare who has the best rates but how long it takes for you to receive the funds and reliability are also things to consider. I hope this helps.
Augusto *********
@กะลาสี ****
thanks for the information.Jill ***********
@กะลาสี ****
good tip, thanks. กะลาสี *****
@Jill **********
welcome. Also something to consider is that if you are using the 65K THB a month as proof of retirement monetary qualifications method, you need to make sure the deposit will be flagged as an international deposit. That being said, even though I'll receive about 500 THB less than the cheapest company, I personally use Wise for their speed and my monthly deposits (so far) always show up as international deposits in my BKK Bank account, when I choose the "Long Term Stay in Thailand" option in the Wise app.
George **************************
Ofx
Wyn **********
Wise good rate
Dieter *******
I agree 💯% Wise are quick and cheap....
Peter *********
Wise is the way 👌
Bob *******
Don’t know if this helps but I have a Bangkok bank Acct. Transfers to other Thai bank Acct is free
Kenneth *******
You could buy cryptocurrency with your fiat and send it to the receiver the receiver needs a cryptocurrency wallet- cash out to bank...
If you have any questions message me- I day trade cryptocurrency and have been involved and using it since 2017
If you have any questions message me- I day trade cryptocurrency and have been involved and using it since 2017
Bruce *************
@Kenneth ******
This was my suggestion. She will need a cryptocurrency exchange account, to offramp the crypto you send her into Baht in a bank, but it shouldn't be difficult to do, and it will cost you PENNIES to send her money. Also, she can avoid offramping via a bank by exchanging the crypto for cash with a trusted P2P partner. (Charge will be 1-2%) This is a not uncommon side-business for people all over the world.
Bruce *************
Thanks for Bitazza, will check it out. Yes P2P is common all over the world. Better to network with others, find trusted providers, etc. A very easy form of 'banking'.
Bruce *************
@Dan *******
Once you have the account on an exchange and you have coin (such as USDT) in it, then it's only a few commands to get it sent. The more security features you've opted for (which is better) the more strokes. 
Dan ********
Wise trades at about 1% above the interbank rate, so hard to beat pricewise. And now 'powered by' Monzo I believe, who have matching rates. And I have Revolut, which are a fraction pricier, but you wont notice unless your sending 4m+ baht. Revolut have come to my rescue a number of occasions, where wise is delayed due to weekend hours - get your transfer done before close of play thurs, Thai time, or could face delays with Wise.
Dan ********
@Bruce ************
sounds so simple and easy. How many key strokes is that ? Kenneth *******
@Bruce ************
i like it. You have done it before?Anyone interested- use Bitazza (Thai cryptocurrency exchange)
Christina *********
Definitely wise for all transfers. I send money every month.
Western union is unbelievable how much they charge.
If it’s a really large amount ask you bank how much it is to send. Wise wasn’t around when I brought my land but the bank fees were not so bad for the amount sent.
Western union is unbelievable how much they charge.
If it’s a really large amount ask you bank how much it is to send. Wise wasn’t around when I brought my land but the bank fees were not so bad for the amount sent.
Christina *********
***************************************
Niclas ***********
I think it depends on what country you are in. WU is really expensive and bad rates here but if I need to ensure direct transfer not that many choices... Remittance seems to be done by some here due to high amount of guest workers by small actors so I would not limit myself to the big ones if you really after best rate/fee.
Personally I use Wise but might have to compare again soon just feel it is so convenient. I also use their card for better rates abroad.
Personally I use Wise but might have to compare again soon just feel it is so convenient. I also use their card for better rates abroad.
Neil *********
Use an app called wise. Used to be called transfer wise by far the best rates and cheapest also. Simple app to pop on your phone.
Don’t entertain anything else other than that
Don’t entertain anything else other than that
Mick ********
depdning on country you send from there are other forex conpanies too like xe, oanda, ofx, currency cloud etx
Mick ********
wise much better rates
Tyler *******
Largely depends on the amount you are trying to send, the frequency you want to send, and the time frame you are trying to send it in. I still use Western Union to pay for my apartment despite not being in the country. Are there better options? Most likely. WU has been reliable though and I know I can use their services to send money at the drop of a hat. Also curious to hear other's opinions and experiences, but I think I pay like $6 for a transaction once a month. Nothing too crazy.
Garrett ***********
Compare Wise and western union. Historically Wise (formerly transferwise) was cheaper but I just compared one myself and western union was a bit cheaper.
********************************************
Jazz *******
Why do you use TransferWise. Send directly to bank account
Paul *******
@Jazz ******
better ecchange rate with wise and a lot cheaper to send and fasterGarrett ***********
@Ja**
poor exchange rates between banks Activity
103 joined103
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