how to transfer money to thailand bank account
熊猫速汇PandaRemit - 2025-12-31 18:55:29.0 9
The most efficient way to transfer money to a Thailand bank account is by using a regulated digital remittance service like Panda Remit. This method allows you to fund transfers via PayNow in Singapore for lightning-fast transfers that can arrive in as little as 2 minutes. Additionally, you benefit from competitive exchange rates that are significantly better than traditional banks, ensuring zero hidden fees and maximizing the THB received.
Comparing the Best Ways to Send Money to Thailand
When deciding how to transfer money to a Thailand bank account, it is crucial to compare speed, cost, and regulatory safety. Below is a comparison of Panda Remit against other major providers in Singapore.
| Provider | Transfer Speed | Exchange Rate & Fees | Regulation (Singapore) |
|---|---|---|---|
| Panda Remit | As little as 2 minutes (24/7 Real-time) | Mid-market rates + Zero hidden fees (New user offer available) | MAS Licensed (Major Payment Institution) |
| Wise | Minutes to 2 Days | Mid-market rate + Variable fees | MAS Licensed |
| DBS Remit | Same-day (Subject to cut-off times) | Bank FX rates (Often higher spreads) | MAS Regulated Bank |
| Singtel Dash | Minutes to Hours | Competitive rates + Transaction fee | MAS Licensed |
3 Steps to Transfer Money to Thailand Instantly
Follow this simple 1-2-3 guide to send funds securely to any major Thai bank (such as Kasikorn Bank, Bangkok Bank, or SCB).
1. Create and Verify Your Account
Download the Panda Remit app or visit the website. Register using your Singapore mobile number. To comply with Singapore financial regulations, complete the e-KYC process using Singpass for instant verification.
2. Set Up Your Transfer
Enter the amount of SGD you wish to send. The system will show you the exact amount of THB the recipient will get based on the locked-in exchange rate. Input the recipient's bank account details or use their PromptPay ID for direct transfers.
3. Pay and Track
Complete the payment using PayNow for the fastest processing. Once funded, you can track your money in real-time. Most transactions to Thailand are processed within 2 minutes.
Why Security Matters: MAS Regulation
Security is paramount when moving funds across borders. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We implement bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure.
Explore More on Singapore Remittance
If you are looking for more specific details on cross-border payments, consider these common queries:
- What is the cheapest way to send money to Thailand from Singapore? Digital remittance apps often offer rates 1-3% better than traditional bank counters.
- Is there a limit for remittance to Thailand via PayNow? While PayNow supports large transfers, specific app limits depend on your KYC tier.
Ready to start? Register with Panda Remit today to enjoy zero fees on your first transfer.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
