Even if you have a job and steady income, there may be times when you need to send money into Thailand. You might have to tap into your savings for an emergency. You might need money to buy a car or a condo or a house. Or perhaps you have to send money into Thailand to take care of a loved one while you’re out of the country.
Sending money to Thailand can be a tricky matter. Between international transfer fees and hidden fees in the exchange rate, there are a lot of pitfalls when transferring money from abroad into Thailand. This guide will help clear up some confusion and allow you to transfer your funds swiftly and reliably, while minimizing exchange rate fees.
Aside from traditional forms of banking, there are a number of alternatives that allow you to remit money from overseas to Thailand. Each offers its own kinds of benefits, from lower fees to easier payments, but they also come with their own drawbacks.
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