Here you’ll find answers to the most common questions about Thai baht (THB) transfers.
You can't currently send money from THB.
Who can I send THB to?
You can send THB to individual and business bank accounts in Thailand.
What information do I need about my recipient?
You’ll need their full name, address, bank name, and 5–16 digit long bank account number.
You'll also need to tell us why you're sending the money.
How much can I send?
You can send up to 2 million THB per transfer.
How long does it usually take for the money to arrive?
Once TransferWise receives and converts your money, it usually takes up to 1 working day to arrive in your recipient’s bank account. Conversion can take up to 2 working days.
We’ll always give you an estimate for how long your transfer will take when you set it up.
What’s a Foreign Exchange Transaction (FET) form?
A FET form is a document that confirms money sent into Thailand came from abroad. When a bank receives a transfer of 50,000 USD or more, they have to send a FET form to the Bank of Thailand to report the money.
You’ll need a FET form if you’re a foreigner buying property in Thailand, or if you’re applying for a Thai visa.
Why can’t TransferWise give me a FET form?
TransferWise isn’t authorised by the Bank of Thailand to issue FET forms. It’s because of how we work: when you send money with us, we use our Thai banking partners to send out your money locally. It doesn’t cross any borders, so it doesn’t show up as a foreign transaction.
How can I get a FET form?
The recipient needs to ask for a FET form from the partner bank that TransferWise paid your money out from. You can check which bank this is on your transfer receipt. To find it:
Transfers sent by Bangkok Bank
If the transfer was sent out by Bangkok Bank and the recipient has an account with them, the recipient needs to go to their branch of Bangkok Bank with:
If the transfer was sent out by Bangkok Bank and the recipient doesn’t have an account with them, they’ll need to reach out to Bangkok Bank’s head office at 333 Silom Road Bangrak with:
Once Bangkok Bank has checked these documents, they’ll issue a confirmation letter to the recipient. They can then use this to prove that the money came from abroad.
Bangkok Bank charges a 100 THB fee for the FET letter.
Transfers sent by Kasikorn Bank
If the transfer was sent out by Kasikorn Bank, the recipient needs to go to their nearest Kasikorn Bank International Trade centre. They’ll need to bring:
Kasikorn Bank may charge an administration fee.
Sometimes, we might send your transfer through a different banking partner who can’t provide a FET. This might be because of a technical issue, or some other unforeseen event.
If you know you definitely need a FET, it’s best that you send a SWIFT transfer with your bank this time. SWIFT is a more expensive method, because it’s not a local transfer. But it does mean you'll be able to prove that the money came from abroad.