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What is the cheapest way to send 37,000 baht to a USA bank account?
money transfersending money to USADeeMoneyWestern UnionWisePayPalKbankcrypto transfertransferring from ThailandVietnamese bankingexpat finance
Oct 21, 2021
5 years ago
Carl **************
ORIGINAL POSTERIs there a low cost way to send baht to a usa bank account? About 37,000
TLDR : Answer Summary
To send around 37,000 baht to a USA bank account at a low cost, several options were discussed. Popular services mentioned include DeeMoney, which has a first-time user fee of 125 baht but the cost can vary based on exchange rates. Western Union is also noted as a viable option, with reports of a flat rate around 99 baht for transfers. TransferWise (now called Wise) is frequently mentioned but clarified that it may not work for transfers out of Thailand. Other suggestions included using a bank's integrated Western Union service, cryptocurrency exchanges, and platforms like Skrill. It’s crucial to compare the exchange rates and fees among these services to ensure the best deal.
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Youcef **********
You can use Skrill
Owen ********
No wise don't do out of Thailand... They only do inbound. Normal banks or DeeMoney do outbound or if you know of another please add below.
Vic *********
Wise Transfer
ᘻᗅᖶᖶᗁᕦᙛ *******
Amtrack
Jackc *********
Wise 🎊
Rintip ************
Xlm
Jon *****
xoom.com
Colin ******
Wise..
Johan ********
Western Union bank
Fast en cheap
Fast en cheap
Antonio ********
Western Union
Leslie *********
Yep agree Deemoney
Andrew ********
If it’s your first time sending money via DeeMoney, there’s a flat rate of 125baht total.
Shea *******
@Andrew *******
ahh but you also have to look at the exchange rate a given company gives.Andrew ********
@Shea ******
, Google 😊Andrew ********
@Shea ******
first time user, 125bahtShea *******
@Andrew *******
I'm sorry you don't understand. The exchange rate is like...if I have 1USD if someone gives me an exchange rate of 30 then I have 30bhat.Now deemoney if I transfer 150,000bhat I get 4,444.44 + their125fee so they are giving you an exchange rate of .0296..where as the current mid market rate is .03 which would be $5,000 so, Dee money charges you 125,bhat and makes and additional $566.66 by giving you a lesser exhange rate.
Reply to
Shea *******
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Andrew ********
@Shea ******
, I paid a total of 125baht , total Shea *******
@Andrew *******
what was the exchange rate? As in I give you 1000bhat...how much USD do I get? Reply to
Shea *******
Reply
Hamid *******
Transfer Wise changed to Wise now, only few dollars to send
Marcos ***********
Cheapest way is to buy crypto at Bitkrub, send to US exchange and sell it for USD. Wise are thiefs and deemoney is very expensive. Also, Thai WU online (only) is also very cheap, 100thb regardless the amount and exchange rate is same has Thai bank.
Liam ********
TransferWise
Stan *******
@Liam *******
no. You cannot send baht with WiseWylie *******
@Liam *******
wise for some reason only works one way for thai baht. You can transfer and convert into thai baht, but cannot transfer thai baht into the account and convert it to any other currency.Liam ********
@Wylie ******
I think you can have to open a USA account inside TransferWise Reply to
Liam ********
Reply
Bob **********
Kbank app or Dee money
Pon **********
PayPal ?
Lisa ********************
@Sun ***********
PayPal exchange rate is bad. Reply to
Lisa ********************
Reply
Brad ********
Strike wallet or join Satang pro and buy a stable coin or Bitcoin and send it to the Pro.coinbase to cash it out.
Marcos ***********
@Brad *******
indeed. 🔝Reply to
Marcos ***********
Reply
Andy **********
If you're talking about from a Bangkok bank account you can send it to any Bank through Western Union for free.
Gregg *************
Yes send it to me and it’ll be interest free sir🙈🌎🦍🦊🙊😂
David *******
Haven't used deemoney so not sure how their rates compare. I use Wise about $9 to transfer 37K but they give really good conversion rates. Money right into Thai bank account, often w/in a minute.
Steve **********
@Da***
not surprised you fucked this up. I know your reading and comprehension skills hover at that army cut off. David *******
Too quick on the draw...that's what she said 😅
David *******
Not the sharpest knife in the drawer. 😅🤣
Reply to
David *******
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Steve ********
@David ******
the question I rThink was the other way and as far as i can remember wise don't have a service out of Thailand I tried a few months ago to send. Easy to bring in hard to send out. Because such a small amount a swap with a friend got to be the easiest way to do it.
Tod *********
@David ******
they are wanting to transfer money OUT of thailand not into it 😛 Steve ********
@Tod ********
don't think wise can do thatGarrett ***********
@St***
Western Union can. My bank Krungsri has western union integrated into the website app, you can use to transfer money out of Thailand with. I just noticed it last week, haven't tired it yet though. Chris ****
@Garrett **********
this is interesting. I have Krungsri have tied it?Reply to
Chris ****
Reply
Bizkit ******
@Tod ********
can try western union so far flat rate 99b to transfer out !David *******
@Tod ********
see that now...i ASSumed 😅Reply to
David *******
Reply
David *******
Sorry, misread the question
Garrett ***********
@Da***
can't use wise to transfer out of Thailand. Reply to
Garrett ***********
Reply
Olivier *********
Some of the 'big banks' can do it or have a look on
*************************
Bobby ********
Try deemoney.com
Reply to
Bobby ********
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