Woalet

🇹🇭 Open a THB Virtual Bank Account

Receive Thai Baht payments from Thailand without setting up a local entity. Get local bank details and collect funds instantly with Woalet.

Why Open a THB Account with Woalet?

1

Receive THB payments via PromptPay and BAHTNET with your own Thai bank account details

2

No Thai entity or local presence required

3

Competitive FX rates on THB conversions

4

Near-instant settlement via PromptPay, same-day via BAHTNET

🇹🇭

Thai Baht

THB - ฿

Currency CodeTHB
Symbol฿
CountryThailand
Payment RailsPromptPay / BAHTNET
Local Entity RequiredNo
SettlementSame-day / Instant

How Businesses Use THB Virtual Bank Accounts

1

Collect payments from Thai clients for trade and professional services

2

Pay Thai suppliers and manufacturers in Baht

3

Receive payouts from Thai e-commerce and marketplace platforms

Why Businesses Choose Woalet

Four capabilities that set us apart from traditional payment providers

💱

Negotiable FX Rates

Get customized exchange rates negotiated per transaction - not fixed markup like Airwallex or Tazapay. The more you trade, the better your rate.

🔒

Built-in Trade Escrow

Protect every cross-border deal with integrated escrow. Funds are held securely until both parties confirm delivery - no third-party escrow service needed.

Native Stablecoin Settlement

Settle instantly in USDC or USDT with built-in on-ramp and off-ramp. No traditional provider offers native stablecoin rails for business payments.

🌏

Asia-First, Global Reach

Purpose-built for businesses in Vietnam, Philippines, Singapore, Bangladesh, and Indonesia. Open virtual bank accounts in 15+ currencies without setting up local entities.

Frequently Asked Questions

Ready to get started?

Talk to our team about how this product can help your business.

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Response within 24 hours
Custom solution for your business

Email us at hi@woalet.com or Chat with us