Thailand
Thai Baht (THB)
Regulatory Information
Bank of Thailand (BOT)
Payment Methods
- +Bangkok Bank Transfer
- +Kasikornbank Transfer
- +Siam Commercial Bank
- +PromptPay
- +TrueMoney Wallet
- +K Plus
Key Corridors
US → Thailand
Medium-high volume
Singapore → Thailand
High volume
Malaysia → Thailand
Medium-high volume
Australia → Thailand
Medium volume
Frequently Asked Questions
What is PromptPay and how fast is it?
PromptPay is Thailand's instant payment system. Transfers settle within minutes.
Which banks have best coverage?
Bangkok Bank and Kasikornbank most common. Coverage nationwide.
Are there any restrictions on transfers?
No major restrictions. Standard AML checks apply for larger transfers.
How competitive is your Thailand corridor?
35-45% cheaper than banks. Direct SWIFT transfers with minimal markup.
What documentation do you need for a Thai corridor?
Incorporation documents, UBO disclosure and a description of your trade activity. Woalet onboards registered businesses only.