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What are the fees and best methods for transferring USD to a Thai bank?

Dec 19, 2025

13 hours ago

When transferring USD from my local bank to Wise and then to a Thai bank…about how much is WISE going to charge for their transfer fee? 25k usd being transferred to open bank account. I’m seeing $196. 🤷 and send it as USD and receive as Thai baht or receive as USD to Thai bank? 

Whereas my Charles Schwab account will only charge me $15 via wire transfer but will take 3-4 days to be in Thai bank. Is there a massive charge on the Thai end? What am I missing? First timer here. Thanks! And no, not using an agent!!!

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TLDR : Answer Summary

The post discusses the costs involved in transferring USD to a Thai bank, focusing on the fees from Wise ($196 for a $25,000 transfer) compared to a $15 wire transfer through Charles Schwab, which might take longer. Comments highlight concerns about hidden costs related to exchange rates, noting that Wise offers transparent upfront fees and rates, while the Thai banks may charge additional commissions and offer less favorable exchange rates. It’s also mentioned that transfers over $10,000 might trigger scrutiny from U.S. government agencies. Users share their experiences and suggest comparing methods for the best overall costs.

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3 hours ago

InspiringA**********

Wow getting only 31. It will really suck id baht weakens next year back to 35 or 36.

6 hours ago

Tony *******

I did a wise transafer yesterday the exchange is 31.58 but the has already increased. Yes using Schwab US dollars to a Thai bank is about 31.15 I just did both For a large purchase

11 hours ago

Ant ***********

Not sure about USD

But

It’s about $10 AUD for about $5000 AUD to wise

And

It’s a realistic exchange rate

11 hours ago

Frank *********

Prices have gone up, 196 is what you can expect these days

11 hours ago

Ian ********

Presently an internal currency exchange in Wise 0.567% however fee is about to rise by 25% - is still FA.

wise to Thai bank in THB - 44.45 baht, any volume.

12 hours ago

Todd *********

@Ian *******

depends entirely on currency of origin, bank of origin and method of transfer you choose. The fee usually does rise and fall depending on volume

9 hours ago

Ian ********

@Todd ********

ah, ok.

mine relates to A$.

9 hours ago

Todd *********

@Ian *******

good details info though! thx. Interesting how that works in Aus!

9 hours ago

Ian ********

@Todd ********

the currency transfer fee drops for balance of month once you've sent A$40k.

9 hours ago

Reply to

Ian ********

Andrew ********

Wise will break down all fees and rate and will deposit in currency of local account debit card is higher then bank to bank

12 hours ago

Ian **********

It is not about the fees but how much arrives in your bank. The Wise app tells you up front how much you will receive.

12 hours ago

Jeff *************

@Ian *********

most apps will tell you the exchange rate and the bank will tell you to, they know what it is, you just have to ask before you transfer

8 hours ago

Todd *********

@Ian *********

has your answer

9 hours ago

Reply to

Todd *********

Jonny *********

Yeah the Thai bank take a commission on bank transfer. Wise is cheaper even if they charge more in transfer fees

13 hours ago

Donald **********

Wise give you an option on transfer methods and also show the fees for each. Don’t pay any attention to the amounts in the photo as it was a small transfer I made today for experimental reasons. For people complaining that they can no longer select the reason for the transfer within the Wise app, you still can but it’s not so obvious to find.

13 hours ago

Gary ***********

My own bank told me £15 ($20) but the exchange rate was going to cost me £1300 ($1700)

13 hours ago

Luc ************

Did it today for 25K euro. My own bank said it would be cheaper via Wise. An i have Deutsche bank, at least they're honest.

13 hours ago

Matty ****

If you do over 9,900 or so into Thailand there's a good chance your a USA account is going to get flagged

I had PayPal shut me down completely for swiping over $10,000 at a car dealership. Keep in mind that with under $10,000 transactions I did over 13 million baht.

But the one time it exceeded $10,000 I was shut down within 3 days..lol

.

If you're going to do all that much in one go you should do a direct bank wire from your bank.. where you can fill out any necessary forms.

13 hours ago

Wannikea *********

@Matty ***

please don't compare PayPal to Wise

12 hours ago

Reply to

Wannikea *********

Geoff ********

Check with Schwab they have good rates.

13 hours ago

David *********

That amount alerts USA government. I did 9000 usd max each time transferring USD to my Thai bank account and didn’t pay near that much. (8 years ago so may have changed in price.). I suggest transferring USD to THB in your Thai bank account directly. I’ve never transferred USD to Thailand and deposited it as USD. THAI bank fee is 500 baht I believe but as said above the exchange rate is about 10% worse than using wise. You can fill out the form in the app but don’t complete the transaction until you compare using Schwab. Let us know what you find out.

13 hours ago

Garrett ***********

@David ********

Sounds like youre admitting to committing a criminal offense by structuring your transfers to subvert financial reporting requirements.

6 hours ago

Reply to

Garrett ***********

Michael ********

It still cheaper because of the exchange rate the Thai bank gives you if you send it with a normal bank.

13 hours ago

Brandon ************

Sure, $15 for the TRANSFER, but you're going to be completely hosed on the exchange rate. And you won't get to know how much baht you're actually going to end up with until the transfer is complete and it has been exchanged, so it will be a mystery.

With Wise you know EVERYTHING up front, what they charge and what the exchange rate will be.

13 hours ago

Reply to

Brandon ************

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Is Wise the best option for transferring money to Thailand, considering its fees and exchange rates?

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