Frequently Asked Questions

  1. What is Bangkok Bank’s SWIFT code and when should I use it?
  2. What information does an overseas bank need to send money to my Bangkok Bank account in Thailand?
  3. What is the fastest way for me to have funds transferred into my account from overseas?
  4. What fees are payable to receive funds from abroad?
  5. What exchange rate does Bangkok Bank use to convert foreign currency funds transfers into Baht?
  6. What is the largest amount I can transfer into a Bangkok Bank account in Thailand?
  7. Why do I need to give a purpose when transferring funds into Thailand?
  8. I get a regular pension/income source from the United States. Is there an easy way to receive the funds directly into my Bangkok Bank account?
  9. Does Bangkok Bank provide a cost-effective channel to send funds from a US bank account to a Bangkok Bank account?
  10. I have a pension from the UK, or regularly send money from the UK to Thailand, is there an easy way to do this?
  11. How can I find out if my incoming funds have arrived?
  12. Do I need to have an account with Bangkok Bank to receive an incoming funds transfer?
  13. How long will it take for me (or my specified recipient) to receive my funds?
  14. What is an IBAN?
  15. Can I receive a funds transfer from abroad in a foreign currency without converting into THB?
  16. Are there any special requirements I have to meet if I am bringing in funds to buy a condominium in Thailand?
  17. I do not have a bank account in Thailand. Can I still transfer funds to purchase a condominium in Thailand?
  18. Can I bring foreign currency into Thailand in cash to purchase a condominium?


1. What is Bangkok Bank’s SWIFT code and when should I use it?
Our SWIFT code is BKKBTHBK, the one and only code for every Bangkok Bank branch throughout Thailand. You should provide this to the overseas bank or person making the funds transfer via SWIFT to your account with Bangkok Bank in Thailand.

2. What information does an overseas bank need to send money to my Bangkok Bank account in Thailand?
Most overseas banks will need the following details:

- Your Bangkok Bank account name and account number
- The preferred currency and amount of money
- Your bank name (Bangkok Bank)
- Bangkok Bank SWIFT Code: BKKBTHBK

3. What is the fastest way for me to have funds transferred into my account from overseas?
An electronic transfer (SWIFT instruction) is the fastest way to receive funds directly in your Bangkok Bank account.

4. What fees are payable to receive funds from abroad?
The fee is 0.25% of the total amount (minimum fee of 200Bt and a maximum fee of 500Bt).

An intermediary bank (between the sending bank and Bangkok Bank) may also deduct an additional handling fee before sending funds to us.

5. What exchange rate does Bangkok Bank use to convert foreign currency funds transfers into Baht?
Bangkok Bank will apply its Telegraphic Transfer Buying Rate to convert foreign currency funds transfers into Baht before crediting the funds. For the latest rates, go to Bangkok Bank’s online exchange rate.

6. What is the largest amount I can transfer into a Bangkok Bank account in Thailand?
There is no limit to the amount of funds that can be transferred from abroad into a Bangkok Bank account.

However, senders must specify the purpose of the money transfer for every transfer, as commercial banks are required to report this to the Bank of Thailand on the client’s behalf.

7. Why do I need to give a purpose when transferring funds into Thailand?
To guard against fraud and money laundering, the Bank of Thailand’s regulations state that all banks in Thailand must obtain specific reasons for funds transfers before they are credited into an account in Thailand. Transfer purposes may include paying for goods, buying a condominium, investing in a business or living expenses.

Bangkok Bank will report the purposes for all incoming funds transfers to the Bank of Thailand on your behalf.

8. I get a regular pension/income source from the United States. Is there an easy way to receive the funds directly into my Bangkok Bank account?
If you have regular earnings, social security payments, income from provident or pension funds, or other types of remuneration from government agencies or private companies based in the United States, you can easily transfer funds into your Bangkok Bank account in Thailand via Bangkok Bank‘s New York branch. This may help reduce your transfer fees and save some time, as you may have previously had to receive a US Treasury Cheque or Company Cheque via post.

9. Does Bangkok Bank provide a cost-effective channel to send funds from a US bank account to a Bangkok Bank account?
If you have a US bank account, you may be able to transfer funds to a Bangkok Bank account in Thailand via your bank’s internet banking service, using the Bangkok Bank New York branch 9-digit routing number.

For more details, please visit the Transferring money from the USA to Thailand page.

10. I have a pension from the UK, or regularly send money from the UK to Thailand, is there an easy way to do this?
If you are currently receiving payments such as pensions, annuities or payroll from UK government agencies or private organizations, you can arrange for your payments to be directly deposited into your account at Bangkok Bank in Thailand via Bangkok Bank's London branch.

11. How can I find out if my incoming funds have arrived?
There are three ways to find out if your funds have arrived: 

  1. Log onto Bualuang iBanking and check your account.
  2. Call Bualuang Phone 1333 or (66) 0-2645-5555 and check your latest account balance and transactions.
  3. Sign up to receive a free automatic SMS remittance alert, giving you immediate notification for when the funds reach your account.

12. Do I need to have an account with Bangkok Bank to receive an incoming funds transfer?
No, you do not need to have a Bangkok Bank account. However, the sender should make sure to enter the correct name, address and telephone number of the recipient in Thailand in the payment instructions when transferring funds from overseas. If you are collecting funds from overseas, bring your ID card or passport to the branch which will enable you to collect your funds without delay.

Please note, Bangkok Bank will apply its “Buying Rate – TT” to funds transferred in a foreign currency, exchanging into Baht before making a cash payout at our counters.

Bangkok Bank charges a receiving fee of 0.25% of the transfer amount (minimum 200Bt, maximum 500Bt) plus a cash payout fee of 150Bt per transaction.

You can also receive money via the Western Union Money Transfer Service at any Bangkok Bank branch or exchange booths across Thailand.

13. How long will it take for me (or my specified recipient) to receive my funds?
A transfer instruction sent from overseas via SWIFT should reach a recipient’s Bangkok Bank account within 1-2 working days.

14. What is an IBAN?
IBAN stands for ‘International Bank Account Number’, a code offered to an individual or company in European countries only. Bangkok Bank doesn’t have IBAN and the remitter does not have to specify an IBAN in the payment instruction to Bangkok Bank. Remitters must specify Bangkok Bank’s SWIFT code: BKKBTHBK when sending funds to Thailand.

15. Can I receive a funds transfer from abroad in a foreign currency without converting into THB?
You can deposit most major foreign currencies into a Foreign Currency Deposit Account without converting into Thai Baht.

16. Are there any special requirements I have to meet if I am bringing in funds to buy a condominium in Thailand?
You will need to specify the purpose of your funds transfer in your funds transfer instruction (i.e. for the purchase of a condominium) when transferring funds into your Bangkok Bank savings or foreign currency deposit account.

Upon receiving the funds, you can request any of our branches that provides international services to issue a ‘Foreign Exchange Transaction Form’ for any amount of USD20,000 and over. For smaller amounts or for overseas funds transfers in Thai Baht, the bank will instead issue a ‘Confirmation letter of International Inward Funds Transfer’, together with a credit advice. The Land Department accepts both the Foreign Exchange Transaction Form and the Confirmation letter of International Inward Funds Transfer when registering ownership of a condominium.

Bangkok Bank can provide advice on which forms you will need to present – please contact Bangkok Bank’s Head Office or any of our branches that provide international services.

17. I do not have a bank account in Thailand. Can I still transfer funds to purchase a condominium in Thailand?
Yes - contact your bank overseas to make a funds transfer to Bangkok Bank via SWIFT, specifying the following details in your funds transfer instruction:

- Beneficiary bank: Bangkok Bank, Thailand
- SWIFT code: BKKBTHBK
- Please specify that the money is for the purchase of a condo in Thailand
- Please specify the Bangkok Bank branch where you would like to receive the money (e.g. Hua Hin
  branch, Silom Head office etc.) and the address of the branch.
- Please include this sentence: “Please pay upon presentation of passport no.xxxxxxx (your passport
  number) of Mr./Ms. XXXXX.”
- Your contact details in Thailand.

Contact the Bangkok Bank branch specified in your payment instruction to arrange a time to receive the money. You may also consider opening an everyday account at the same time – click here for more details.

18. Can I bring foreign currency into Thailand in cash to purchase a condominium?
Yes, however remember to declare the cash for this purpose at Thai customs when you arrive. Thai customs will issue a document to present to Bangkok Bank when you exchange the foreign currency into Baht. Banks do not accept a large amount of foreign currency cash unless there is a supporting document from Thai customs.

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