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Woalet
Virtual Bank Accounts

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.

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Local Entity Required: No

Thai Baht

THB · ฿

Currency Code
THB
Symbol
฿
Country
Thailand
Payment Rails
PromptPay / BAHTNET
Settlement
Same-day / Instant

Features

Why Open a THB Account with Woalet?

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

  • No Thai entity or local presence required

  • Competitive FX rates on THB conversions

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

Who it's for

How Businesses Use THB Virtual Bank Accounts

01

Collect payments from Thai clients for trade and professional services

02

Pay Thai suppliers and manufacturers in Baht

03

Receive payouts from Thai e-commerce and marketplace platforms

Why Woalet

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.

DubaiMumbaiDhakaBangkokHo Chi Minh CityJakartaManilaHong KongShanghaiTokyoSydneyWWoalet
Payout Destinations
190+
Payment Corridors
100+
Currencies
15+

FAQ

Frequently Asked Questions

Still have questions?

Our team replies within 24 hours — usually much sooner.

Register on Woalet, verify your business, and your THB virtual bank account is activated within 24 hours. No Thai entity required.

You receive a Thai bank account number enabling you to accept PromptPay and BAHTNET domestic transfers from Thai financial institutions.

PromptPay transfers settle almost instantly. BAHTNET transfers settle the same business day.

No monthly fees. Transparent per-transaction pricing with competitive FX rates for Baht conversions.

Get started

Ready to get started?

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

  • No commitment required
  • Response within 24 hours
  • Custom solution for your business

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