Sending money from Thailand to the US is more possible now as compared to a couple of decades ago. Before, the choices are limited, and there is not much you can do with the slow delivery.
Today, the options are endless cause besides using a bank, money transfer providers are available to help with your money transfer requirements. It is just up to you to decide and pick one from the list.
Send Money to the United States from Thailand
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- Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.
Send money very fast!
- Save up to 90% compared to banks. No hidden costs. Large selection of countries.
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- Azimo is a very competent partner for the international transfer. Azimo has a large selection of countries and the transfers are safe and cheap.
How long does it take to transfer money from Thailand to the USA?
The lead time can take a day, even up to 5 days. If you use the bank for money transfer transactions, t is more probable that it will take more than a day to complete the delivery. Sometimes, the issue is in the documentation required by most banks. Before you can send money, and if it involves a sizable sum, you need supporting documents and forms to fill out. This alone would take some time, so some are not too excited about using banks for transferring money overseas. Another venue is by using a money transfer provider and may take from 24 hours, a few hours, or even a few minutes delivery.
Getting the fastest route to have your money delivered to the US from Thailand may cost you. There are money remittance companies that can deliver the money in a few minutes, but you will be charged a flat-rate fee for such a task. Some money transfer providers will charge anywhere between 150 to 350 Baht, again depending on the amount and the receiving country. When using banks, they may charge you around 1,100 to 1,200 Baht for every transaction. Also, the fee may depend on which country you will send money to.
Sending money to the US using banks
If you have a bank account in Thailand sending money may be faster but there is not much difference in the fees for each transaction. The delivery may take two days to five days. The more possibility is it would take at least three days. Before you send your money using banks, make sure to set your expectations and you know the rates you have to pay.
Asking about their exchange rate is also the If you need your money delivered fast, the bank is not the way to go. Also, if you are sending a minimal amount, then it is better to use a remittance service. For a larger sum of money, direct transfer using a bank is the ideal way to send the money. This is also what other people would prefer for banks to handle their money securely.
Transfer money to the US with a money transfer provider
There are popular money transfer providers who have been in the business for a couple of years and continuously expanding to other countries. They are most trusted when you need to send money overseas. In this instance, since it is the US, they are also present in the said country. The good thing about most money transfer providers is that they can send the money fast so your recipient can get hold of their money within the day or the latest is within 24 hours, which is considered quick.
There is also a newer player in the market cause they have been in the business for less than a decade but slowly making a big name for themselves. They charge a fixed fee, delivery time is fast, cause receiver will get their money guaranteed the next day. Limit is also higher, so if you need these combos when sending money to the US, pick the best money transfer provider.
Thailand is a fast-developing country and is one of the many countries that have the most success story with development and progress. It is true particularly with their economy and the presence of many business establishments. Banks are everywhere, and money transfer providers are not difficult to find either. It makes sending money a breeze, and it is just within reach. With the presence of banks and money remittance companies online, sending money becomes highly simple and easy.