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Send Money from India to Thailand with BookMyForex

BookMyForex has revolutionized the process of sending money from India to countries like Thailand. Whether you're paying tour agents or transferring money to friends and family, our platform makes such transfers to Thailand easy and affordable. You can remit funds at the best exchange rates by visiting our website or downloading the BookMyForex mobile app. Our secure and digital remittance services allow you to transfer funds conveniently from your home, avoiding the need to visit a bank.

Exclusive Tie-Ups With Leading Banks for International Money Transfer 

BookMyForex has partnered with reputed Indian banks such as Yes Bank and RBL Bank, in addition to other trusted service providers. This collaboration guarantees that we deliver a fast, secure, and cost-effective international money transfer service in India.

Ways of Sending Money to Thailand from India:

You have primarily two ways to transfer funds abroad:

1: Wire Transfer (swift transfers)

2: Demand Drafts (money orders)

What is a Wire Transfer?

If you're looking to send money to Thailand, a wire transfer stands out as the most efficient method available. Opting for BookMyForex for wire transfers rather than directly through banks allows you to save significantly on fees and secure the best exchange rates. Typically, the transfers are completed within 12 to 48 hours, ensuring a swift transaction process.

What is a Foreign Currency Demand Draft?

A Foreign Currency Demand Draft, which is issued in physical paper form in foreign currencies, offers a convenient way to transfer funds to Thailand. However, it's worth noting that this method is more time-consuming and may take several days for the funds to reach the recipient.

How to Transfer Money from India to Thailand with BookMyForex?

BookMyForex simplifies wire transfers from India to Thailand, ensuring your funds are transferred promptly. You can initiate your transfer conveniently through either the BookMyForex website or mobile app. Just follow these steps:

1. Order Details: Submit your city, the transfer country, and the amount you want to send.

2. Customer Details: Verify the remitter's details using an AADHAR card and PAN card.

3. Eligibility Check: Share the purpose of the remittance and upload the necessary documents.

4. Beneficiary Details: Submit the beneficiary's name, address, bank details, and SWIFT code.

5. Review Order: Check the order details before completing the payment online.

Once you complete the necessary steps, a digital A2 form will be generated. Your transfer will be processed by our partner bank, following doorstep KYC verification. You will subsequently receive a SWIFT acknowledgment.

Why is BookMyForex the Best Platform for International Money Transfers?

BookMyForex is widely known as India's most reliable platform for international money transfers. Here are several reasons why it's the preferred choice for many:

1. Efficient Online Booking: Our streamlined online booking process ensures you can complete your remittance order in just five minutes.

2. Live and Transparent Rates: Access live and transparent exchange rates 24/7, enabling you to place your order at your convenience.

3. Cost-Effective Services: Save up to 5% on remittance orders with BookMyForex, benefiting from competitive rates and no transfer fees.

4. Book Now, Pay Later: Secure your rates for up to three days with a refundable 2% deposit using our innovative "Book Now, Pay Later" option.

5. Fast Transfers: Experience swift wire transfers that are processed within 12 to 48 working hours, significantly faster than traditional demand drafts.

6. Reliable Security and Service: We ensure a secure and hassle-free experience by partnering with trusted banks to handle remittances securely.

7. Special Discounts for Students: Students transferring tuition fees to Thailand can take advantage of exclusive discounts and cashback through our "BookMyForex Student Offer."

Factors to Consider When Sending Money from India to Thailand

1. Exchange Rate: Compare exchange rates from different service providers to maximize the value of your transfers.

2. Fee Structure: Understand the fee structure to avoid unexpected costs and find the most cost-effective transfer option.

3. Transfer Speed: Select a service that aligns with your timeline needs, whether you require a rapid transfer or can opt for a slower, more economical option.

4. Trustworthy Service Provider: Choose a reputable service provider that partners with authorized banks and offers transparent exchange rates.

5. Regulatory Compliance: Ensure the provider adheres to regulatory norms in both the sending and receiving countries to facilitate smooth transfers.

6. Security Measures: Prioritize platforms that employ robust security features to protect your financial and personal information.

7. Tax Considerations: Be aware of Tax Collected at Source (TCS) rates, which are 5% for education and medical remittances and 20% for other remittances exceeding INR 7 lakh in a fiscal year. Transfers below INR 7 lakh within a fiscal year are exempt from TCS.