Save up to 5% on Money Transfers to THAILAND

  • Interbank-linked best exchange rate
  • Same-day transfers; as fast as 6 hours*
  • Simple 5 minute digital booking process
  • Zero transfer charges (use code: ZEROBANKFEE)
  • Secure transfers via partner banks & RBI authorized agencies

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:

Today's Money Transfer Rates

Comparison: BookMyForex.com vs Others

MONEY TRANSFER ABROAD BookMyForex. com Other Forex providers*
Service Charges ZERO ₹200
Bank Charges ₹ 225 ZERO ₹ 1000
OVERALL HIDDEN CHARGES ₹ 0 ₹1200
* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion (use promo code: ZEROBANKFEE). Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements

Do Money Transfer for following purpose

A Close Relative Abroad or Your Own Account
Overseas Education
Foreign Investments
Medical Institution/ Hospital
For Immigration
Booking Your Tour

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BookMyForex is Rated 4.7 out of 5 Stars by Trustpilot Based on Over 1078 Reviews Rating as of 5th Jun'24

Experience the BookMyForex Advantage: Faster, Cheaper, Simpler


Best Rates, Zero Fees

Get interbank-linked best exchange rates with zero transfer fees. Save up to 5% compared to banks and other platforms.


24x7 Digital Booking

Send money to 150+ countries with our simple 5-minute online booking process, available 24/7.


Same Day Transfers

Lightning-fast international transfers! Send money abroad the same day – often in as little as 6 hours.


Trusted Banking Partners

Your money is safe. We partner with trusted banks & RBI-authorized agencies to ensure secure transfers.

How to Transfer Money in 4 easy steps

  • Set Up Your Transfer: Input the amount and pick your currency to instantly view rates and fees
  • Upload Documents: Upload the required documents based on your transfer purpose
  • Add Recipient Details: Provide the beneficiary’s bank account details
  • Make Payment: Pay easily via UPI, net banking, or other methods. Your transfer will be processed after a quick verification

Online Remittance - How It Works

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. Set Up Your Transfer: Enter the amount and select your currency to check rates and fees instantly

2. Upload Documents: Upload the necessary documents based on the purpose of your transfer 

3. Add Recipient Details: Share the beneficiary’s bank account details

4. Make Payment: Pay via UPI, net banking, or other methods. Your transfer will be processed after a quick verification

*Educational remittances are processed within 6 hours; all other remittances are processed within 12-48 hours.

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.

Frequently Asked Questions

You can transfer funds from India to a family member studying in Thailand or for a variety of other reasons like:

1) Tuition fees for university
2) Medical expenses of your close relatives
3) Living expenses of your family member
4) Payment to tour agents
5) Sending money to friends living there

If you wish to wire money from India to Thailand, you will need to provide the beneficiary's details, including:

 

1) Bank name
2) Swift code
3) Routing number
4) Correspondent account number
5) Address Proof
6) The purpose of the remittance stating the amount to be transferred

 

Upon submitting these beneficiary details, only then you will be able to proceed further and complete the transaction.

In order to complete the remittance process, you will have to upload the minimal set of documents, namely:

1) The remitter's photo ID and address proof, which can be a valid passport, Aadhar card, or voter's ID along with the PAN card
2) The beneficiary's identification document, depending on the purpose of the remittance.

Through BookMyForex, the entire money transfer process from India to Thailand is transparent, and there is no hidden fee. Other Forex providers including online and offline companies charge hefty fees, but BookMyFore charges a Bank Fee of Rs. 225 + GST. If the customer uses a promo code, they'll also get cash back after the order is completed. Intermediating banks or beneficiary banks may charge customers additional fees according to local or interbank arrangements

Wire transfers are the fastest and cheapest method of transferring money overseas. By using BookMyForex's website or app, you can complete the money transfer process quickly without leaving the comfort of your home. When remitting money to Thailand via wire transfer, it takes 12 - 48 business hours for the transaction to be successful.

Online transactions on BookMyForex are processed over a secure HTTPS connection and are encrypted to the highest level. Your credit card information and debit card information are never stored on BookMyForex servers. Payments are processed through a secure and trusted payment gateway. Moreover, BookMyForex processes remittances from India to Thailand through trusted and authorized banks. You will also be kept updated on the progress of the order until the remittance is sent from India to the beneficiary's account.

The LRS limit applies to resident individuals, so you may remit up to $2.5 lakh or eqv. in a financial year through multiple transactions for any permissible current account or capital account transaction. This value corresponds to 9570375.00 Thai Baht. Any remittance exceeding this limit requires RBI approval.

A tax must be paid on all foreign currency transactions from India to Thailand. Since 1 October 2020, outward foreign remittances are subject to tax collected at source (TCS). There will be a 5% TCS charge if you are sending more than Rs.7 lakh in a financial year. The TCS rate is 0.5% if you are transferring money out of an education loan for foreign education.

Transfer Money Abroad from India via India's Best Forex App
  • Fully online & paperless process
  • Transfer money with zero sending charges (use promo code: ZEROBANKFEE)
  • Extremely competitive forex rates
  • Super fast transfers - Funds received abroad in 12 to 48 business hours

Download the app

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Money Transfer Resources

BookMyForex

6,50,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over USD 1.2 Billions in Forex Transactions Processed

International Remittances Processed By

RBL Bank, YES Bank, Axis Bank Our Partners

*Educational remittances are processed within 6 hours; all other remittances are processed within 12-48 hours.

Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : NDL-FFMC-0093-2023 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1.5 lakh or more (Use promo code: ZEROMARKUP)

^ Same-day delivery is available from Monday to Friday (excluding holidays) when all payments and documents are received before 1PM.

BookMyForex Pvt Ltd

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