Transfer money from USA to Thailand

Convenient and safe via US ACH system and Bangkok Bank's New York Branch

Holders of US bank accounts can save on fees for international funds transfers by transferring funds from the United States to Thailand via the US Automated Clearing House system (US ACH) and Bangkok Bank's New York branch.

By stipulating the 9-digit routing number for Bangkok Bank's New York branch (026008691) in your US transfer instruction, the funds will be transferred via the US ACH system directly to the receiver's Bangkok Bank account in Thailand, for a lower fee than most other international wire transfer services.

Benefits of the service
  • Fees for funds transfers via the US ACH system and Bangkok Bank's New York branch are up to USD 20 lower than most other international wire transfer services in the US.
  • You can make transfers directly online via the internet banking service provided by your own bank in the US.
  • You will enjoy a better exchange rate because the USD amount will be converted to Thai Baht at the daily Bangkok Bank exchange rate in Thailand.

Who can use it?


The service is available for holders of US bank accounts transferring funds to recipients with a Bangkok Bank account in Thailand. It is particularly useful for:

  • Making funds transfers via the internet banking services of US banks
  • Receiving payments from US government agencies or private organizations (Direct Deposit service)
  • Receiving E-Commerce payments from online payment service providers in the US

Step-by-step Instructions

The following step-by-step instructions are available:

Advice to senders using US bank internet banking services

If you have a US bank account, you can conveniently transfer funds to the receiver's Bangkok Bank account in Thailand via the internet using the US ACH system and the 9-digit routing number of Bangkok Bank's New York branch.

Service benefits
  • Fees are lower than for most other international wire transfer services in the US payment system. 
  • You can make transfers directly online via the internet banking service provided by your own bank in the US.
  • The recipient will get a better conversion rate for their funds because the USD amount will be converted to Thai Baht at the daily Bangkok Bank exchange rate in Thailand.
  • Funds will be received in Thailand within two business days after our New York branch receives the money transfer from your US bank account.
  • You can check your inwards funds transfer via Bualuang iBanking for personal accounts, BIZ iBanking for business accounts, or Bualuang Phone 1333 or (66) 0-2645-5555.


How to use the service

  1. You can initiate the transaction via the internet banking service linked to your US bank account. In general, the process to complete this is as follows:
    • Go to the Domestic Interbank Transfer menu
    • Go to the Inter Institution Transfers option
    • Select Bangkok Bank's New York branch as the recipient bank
      • Enter the 9-digit routing number of Bangkok Bank's New York branch as 026008691 
      • Enter the bank name as Bangkok Bank, New York branch
      • Enter the account number of the recipient at Bangkok Bank in Thailand
        - For Thai Baht account, enter the 10-digit account number
        - For US Dollar account, enter the first 16-digit account number
      • Enter the name of the recipient account in Thailand, if required.

        If you want to transfer funds into a third party account, you must use the internet banking service of banks in the United States which allow the remitter to specify the beneficiary’s name. Otherwise, the payment instruction Bangkok Bank receives may not carry the correct beneficiary name and Bangkok Bank will have to return funds to the remitter.

        You should check with your US bank for the correct transfer menu for ACH payment. The terms and conditions of internet banking services may vary between banks. You should read all related terms and conditions of your account carefully before initiating any transaction. Bangkok Bank is not involved in the provision of internet banking services by banks in the US.

        *Please click here to view more details abouton USD accounts, terms and conditions of deposit-withdrawal transactions.
  2. After the registration process, the US bank will initiate two trial deposits by sending small amounts of less than USD 1.00 to the recipient’s bank account in Thailand. This is to verify that the recipient's account is valid. The bank in the US will send an email asking the recipient to check and confirm the trial deposit amounts.

    The sending of trial deposit amounts depends upon the terms and conditions of the originating banks in the US and may vary from bank to bank. Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in the transfer instruction matches the name and account number at Bangkok Bank.
  3. You will then need to ask the recipient in Thailand to check the exact amount of the two trial deposits. The recipient can do this by calling Bualuang Phone on 1333 or (66) 0-2645-5555.

    Using the information provided by the recipient, you will be asked by the bank in the US to confirm the exact amount of the trial deposits. If this is correctly confirmed by you, the funds transfer can be made.

    Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in your transfer instruction from the banks in the US matches the recipient’s name and account number at Bangkok Bank.

    Advice to Bangkok Bank customers receiving payments from US government agencies or private organizations (Direct Deposit)

    The  US Treasury Department has ceased issuing paper cheques for the payment of Federal retirement benefits such as pensions, annuities or payroll, including Social Security and Veterans Affairs payments, and now requires direct deposit of your benefit into your bank account. You will therefore need to notify the US government agency providing your Federal benefit how you wish to receive payments.

    As Bangkok Bank is the only provider in Thailand offering a direct deposit services into a Thai bank account, you can ask the relevant US government agency to route your payments into your Bangkok Bank account via  Bangkok Bank’s New York branch. If you reside in Thailand, you can apply for the service in person at any Bangkok Bank branch (except for micro branches).

    Benefits of the Direct Deposit Service

    • Your payments are deposited directly to your account every month.
    • Funds will be converted into baht using the rate for receiving electronic funds transfers (Buying TT rate).

    How to apply: If receiving payments from a US Government Agency

    1. Download the 'Direct Deposit Sign-up Form (SF1199A)' from www.socialsecurity.gov/online. Complete the form to sign up for Direct Deposit with your relevant US government agency.
    2. Open a savings account at any Bangkok Bank branch (except micro branches). If you already have an account with Bangkok Bank, you can use your existing bank account for this service, however we will need to change the type of account in line with the Direct Deposit’s terms and conditions.
    3. Complete a 'Direct Deposit Service Application' form, which you can pick up at any Bangkok Bank branch (except the micro branches). You can also opt to fill out an SMS Remittance Alert Service Request Form to receive an SMS notification on your mobile phone when funds have been successfully transferred into your Bangkok Bank account.
    4. Submit all forms to Bangkok Bank with the following supporting documents:
      • Identification Card/Government Official ID Card/Passport together with a customer identification document such as your Social Security Card, Annuitant ID Card etc.
      • A document from the relevant agency giving evidence of your right to receive the payments.
    5. After verifying your documents, Bangkok Bank will submit your application to the government agency asking them to approve your request to receive the funds via Direct Deposit.
    6. After the request is approved by the US Government Agency, your payments will be electronically deposited directly into your Bangkok Bank account.


    Important

    If you use a direct deposit service to receive funds from a US Government Agency, you must appear in person at a Bangkok Bank branch to withdraw the funds.

    Bangkok Bank cannot authorize the withdrawal of funds from your direct deposit account by an appointed representative, or via ATM or any other electronic channel. You must appear in person at a Bangkok Bank branch to withdraw the funds. You can, however, open a normal savings or current account and transfer the funds from your direct deposit account to this account. You may then withdraw your funds as usual via ATM or any other electronic channel.

    You can also opt to directly contact the US Government Agencies to send funds into your savings account with Bangkok Bank. However, we still need to request that you change your savings account to a Direct Deposit account. Failure to comply will result in Bangkok Bank not being able to deposit funds transferred from the US Government Agency into your account.

    How to apply: If receiving payments from a private organization

    1. Request the 'Authorization Agreement for Automatic Deposits (ACH Credits)' form or ‘Related Direct Deposit’ form from the organization or the Agency that will be making the payment to you. Complete the form to request the Direct Deposit service.
    2. Open a savings account at any Bangkok Bank branch in Thailand. If you already have an account with Bangkok Bank, you can use your existing bank account for this service.
    3. Request your home branch to issue a bank reference letter to certify your bank account details such as account type, account number, date of account opening and current balance to be provided to your agency.
    4. Indicate the Routing Number 026008691 of Bangkok Bank’s branch in New York and your account number with Bangkok Bank in Thailand on your 'Authorization Agreement for Automatic Deposits (ACH Credits)' form or ‘Related Direct Deposit’ form.
    5. Submit the form with the required information such as your Identity Card or Social Security Card, or evidence of your right to receive the payments from the company, together with Bangkok Bank’s Reference Letter. Mail the signed form to the US company asking it to approve the request and initiate direct deposits into your account.
    6. After the request to receive direct deposits is approved, your payments will be electronically deposited directly into your Bangkok Bank account.

    Residing in the US

    If you are a Bangkok Bank customer residing in the US, you can ask for more information from Bangkok Bank's New York branch: 29 Broadway, 19th Fl, New York, New York 10006 United States, Tel: (1-212) 422-8200. E-mail: helpdesk.nyb@bbl.co.th

    PayPal Payments for International E-Commerce Operators in Thailand

    If you operate an international e-commerce business or want to transfer funds in US Dollars from your PayPal account to your account with Bangkok Bank in Thailand, you can now transfer funds from your PayPal account via the US ACH system and Bangkok Bank's New York branch.

    Service benefits
    • Better Baht exchange rate - Bangkok Bank will receive and convert your US Dollars funds from PayPal into Thai Baht using the bank's prevailing daily exchange rate in Thailand.
    • Fast payments - You will receive your funds within 3-4 days after you instruct PayPal to transfer funds.
    • Free SMS notifications - You can receive an SMS as soon as your funds arrive in your account. To apply for the SMS Remittance Alert service or for more details, click here.


    How to use the service

    1. Open a savings or current account at any Bangkok Bank branch in Thailand, or use your existing Bangkok Bank account. Please note, the name of the new or existing Bangkok Bank account must be the same as the name registered with PayPal (if a mismatch occurs, funds will be returned to PayPal).
    2. Add your Bangkok Bank account in Thailand with PayPal to receive funds from PayPal via Bangkok Bank’s New York Branch:

      Select United States as the country.


      Bank Name:

      Bangkok Bank (without specifying a branch name)

      Account Type:

      Checking or Savings Account (choose type of account)

      Routing Number:

      026008691 (Enter the 9-digit routing number for Bangkok Bank's New York branch)

      Account Number:

      xxxxxxxxxx (Enter the 10-digit number of your Bangkok Bank account in Thailand)

      Re-enter Account Number:

      xxxxxxxxxx (Re-enter your 10-digit Bangkok Bank account number in Thailand)


    PayPal will send an email to confirm that they have added your Bangkok Bank account. You can then start to transfer funds from PayPal to your Bangkok Bank account.

    Important note:

    • PayPal may send two small deposit amounts into your account and request your confirmation. We recommend you do not respond to this request, as it is only applicable to those who maintain their accounts with banks in the US, and is designed to allow PayPal to automatically debit your Bangkok Bank account. Bangkok Bank will not allow PayPal to debit and transfer funds from your account with us to the US.
    • Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in your transfer instruction from the banks in the US matches the recipient’s name and account number at Bangkok Bank.
    • If you have a USD account with Bangkok Bank in Thailand, you can have the funds  deposited into your USD account without converting them into Thai Baht. Please enter the first 16-digit number of your USD account at Bangkok Bank in Thailand*.


    *Please click here to view more details on USD accounts, terms and conditions of deposit-withdrawal transactions.

    Fees

    Transferred Amount

    Fee (USD)

      Not more than USD 50.00

    Free

      USD 50.01 - 100.00

    3.00

      USD 100.01 -  2,000.00

    5.00

      USD 2,000.01 -  50,000.00

    10.00

      USD 50,000.01 or more

    20.00

    If you have a US bank account, you can conveniently transfer funds to the receiver's Bangkok Bank account in Thailand via the internet using the US ACH system and the 9-digit routing number of Bangkok Bank's New York branch.

    Service benefits
    • Fees are lower than for most other international wire transfer services in the US payment system. 
    • You can make transfers directly online via the internet banking service provided by your own bank in the US.
    • The recipient will get a better conversion rate for their funds because the USD amount will be converted to Thai Baht at the daily Bangkok Bank exchange rate in Thailand.
    • Funds will be received in Thailand within two business days after our New York branch receives the money transfer from your US bank account.
    • You can check your inwards funds transfer via Bualuang iBanking for personal accounts, BIZ iBanking for business accounts, or Bualuang Phone 1333 or (66) 0-2645-5555.


    How to use the service

    1. You can initiate the transaction via the internet banking service linked to your US bank account. In general, the process to complete this is as follows:
      • Go to the Domestic Interbank Transfer menu
      • Go to the Inter Institution Transfers option
      • Select Bangkok Bank's New York branch as the recipient bank
        • Enter the 9-digit routing number of Bangkok Bank's New York branch as 026008691 
        • Enter the bank name as Bangkok Bank, New York branch
        • Enter the account number of the recipient at Bangkok Bank in Thailand
          - For Thai Baht account, enter the 10-digit account number
          - For US Dollar account, enter the first 16-digit account number
        • Enter the name of the recipient account in Thailand, if required.

          If you want to transfer funds into a third party account, you must use the internet banking service of banks in the United States which allow the remitter to specify the beneficiary’s name. Otherwise, the payment instruction Bangkok Bank receives may not carry the correct beneficiary name and Bangkok Bank will have to return funds to the remitter.

          You should check with your US bank for the correct transfer menu for ACH payment. The terms and conditions of internet banking services may vary between banks. You should read all related terms and conditions of your account carefully before initiating any transaction. Bangkok Bank is not involved in the provision of internet banking services by banks in the US.

          *Please click here to view more details abouton USD accounts, terms and conditions of deposit-withdrawal transactions.
    2. After the registration process, the US bank will initiate two trial deposits by sending small amounts of less than USD 1.00 to the recipient’s bank account in Thailand. This is to verify that the recipient's account is valid. The bank in the US will send an email asking the recipient to check and confirm the trial deposit amounts.

      The sending of trial deposit amounts depends upon the terms and conditions of the originating banks in the US and may vary from bank to bank. Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in the transfer instruction matches the name and account number at Bangkok Bank.
    3. You will then need to ask the recipient in Thailand to check the exact amount of the two trial deposits. The recipient can do this by calling Bualuang Phone on 1333 or (66) 0-2645-5555.

      Using the information provided by the recipient, you will be asked by the bank in the US to confirm the exact amount of the trial deposits. If this is correctly confirmed by you, the funds transfer can be made.

      Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in your transfer instruction from the banks in the US matches the recipient’s name and account number at Bangkok Bank.

      The  US Treasury Department has ceased issuing paper cheques for the payment of Federal retirement benefits such as pensions, annuities or payroll, including Social Security and Veterans Affairs payments, and now requires direct deposit of your benefit into your bank account. You will therefore need to notify the US government agency providing your Federal benefit how you wish to receive payments.

      As Bangkok Bank is the only provider in Thailand offering a direct deposit services into a Thai bank account, you can ask the relevant US government agency to route your payments into your Bangkok Bank account via  Bangkok Bank’s New York branch. If you reside in Thailand, you can apply for the service in person at any Bangkok Bank branch (except for micro branches).

      Benefits of the Direct Deposit Service

      • Your payments are deposited directly to your account every month.
      • Funds will be converted into baht using the rate for receiving electronic funds transfers (Buying TT rate).

      How to apply: If receiving payments from a US Government Agency

      1. Download the 'Direct Deposit Sign-up Form (SF1199A)' from www.socialsecurity.gov/online. Complete the form to sign up for Direct Deposit with your relevant US government agency.
      2. Open a savings account at any Bangkok Bank branch (except micro branches). If you already have an account with Bangkok Bank, you can use your existing bank account for this service, however we will need to change the type of account in line with the Direct Deposit’s terms and conditions.
      3. Complete a 'Direct Deposit Service Application' form, which you can pick up at any Bangkok Bank branch (except the micro branches). You can also opt to fill out an SMS Remittance Alert Service Request Form to receive an SMS notification on your mobile phone when funds have been successfully transferred into your Bangkok Bank account.
      4. Submit all forms to Bangkok Bank with the following supporting documents:
        • Identification Card/Government Official ID Card/Passport together with a customer identification document such as your Social Security Card, Annuitant ID Card etc.
        • A document from the relevant agency giving evidence of your right to receive the payments.
      5. After verifying your documents, Bangkok Bank will submit your application to the government agency asking them to approve your request to receive the funds via Direct Deposit.
      6. After the request is approved by the US Government Agency, your payments will be electronically deposited directly into your Bangkok Bank account.


      Important

      If you use a direct deposit service to receive funds from a US Government Agency, you must appear in person at a Bangkok Bank branch to withdraw the funds.

      Bangkok Bank cannot authorize the withdrawal of funds from your direct deposit account by an appointed representative, or via ATM or any other electronic channel. You must appear in person at a Bangkok Bank branch to withdraw the funds. You can, however, open a normal savings or current account and transfer the funds from your direct deposit account to this account. You may then withdraw your funds as usual via ATM or any other electronic channel.

      You can also opt to directly contact the US Government Agencies to send funds into your savings account with Bangkok Bank. However, we still need to request that you change your savings account to a Direct Deposit account. Failure to comply will result in Bangkok Bank not being able to deposit funds transferred from the US Government Agency into your account.

      How to apply: If receiving payments from a private organization

      1. Request the 'Authorization Agreement for Automatic Deposits (ACH Credits)' form or ‘Related Direct Deposit’ form from the organization or the Agency that will be making the payment to you. Complete the form to request the Direct Deposit service.
      2. Open a savings account at any Bangkok Bank branch in Thailand. If you already have an account with Bangkok Bank, you can use your existing bank account for this service.
      3. Request your home branch to issue a bank reference letter to certify your bank account details such as account type, account number, date of account opening and current balance to be provided to your agency.
      4. Indicate the Routing Number 026008691 of Bangkok Bank’s branch in New York and your account number with Bangkok Bank in Thailand on your 'Authorization Agreement for Automatic Deposits (ACH Credits)' form or ‘Related Direct Deposit’ form.
      5. Submit the form with the required information such as your Identity Card or Social Security Card, or evidence of your right to receive the payments from the company, together with Bangkok Bank’s Reference Letter. Mail the signed form to the US company asking it to approve the request and initiate direct deposits into your account.
      6. After the request to receive direct deposits is approved, your payments will be electronically deposited directly into your Bangkok Bank account.

      Residing in the US

      If you are a Bangkok Bank customer residing in the US, you can ask for more information from Bangkok Bank's New York branch: 29 Broadway, 19th Fl, New York, New York 10006 United States, Tel: (1-212) 422-8200. E-mail: helpdesk.nyb@bbl.co.th

      If you operate an international e-commerce business or want to transfer funds in US Dollars from your PayPal account to your account with Bangkok Bank in Thailand, you can now transfer funds from your PayPal account via the US ACH system and Bangkok Bank's New York branch.

      Service benefits
      • Better Baht exchange rate - Bangkok Bank will receive and convert your US Dollars funds from PayPal into Thai Baht using the bank's prevailing daily exchange rate in Thailand.
      • Fast payments - You will receive your funds within 3-4 days after you instruct PayPal to transfer funds.
      • Free SMS notifications - You can receive an SMS as soon as your funds arrive in your account. To apply for the SMS Remittance Alert service or for more details, click here.


      How to use the service

      1. Open a savings or current account at any Bangkok Bank branch in Thailand, or use your existing Bangkok Bank account. Please note, the name of the new or existing Bangkok Bank account must be the same as the name registered with PayPal (if a mismatch occurs, funds will be returned to PayPal).
      2. Add your Bangkok Bank account in Thailand with PayPal to receive funds from PayPal via Bangkok Bank’s New York Branch:

        Select United States as the country.


        Bank Name:

        Bangkok Bank (without specifying a branch name)

        Account Type:

        Checking or Savings Account (choose type of account)

        Routing Number:

        026008691 (Enter the 9-digit routing number for Bangkok Bank's New York branch)

        Account Number:

        xxxxxxxxxx (Enter the 10-digit number of your Bangkok Bank account in Thailand)

        Re-enter Account Number:

        xxxxxxxxxx (Re-enter your 10-digit Bangkok Bank account number in Thailand)


      PayPal will send an email to confirm that they have added your Bangkok Bank account. You can then start to transfer funds from PayPal to your Bangkok Bank account.

      Important note:

      • PayPal may send two small deposit amounts into your account and request your confirmation. We recommend you do not respond to this request, as it is only applicable to those who maintain their accounts with banks in the US, and is designed to allow PayPal to automatically debit your Bangkok Bank account. Bangkok Bank will not allow PayPal to debit and transfer funds from your account with us to the US.
      • Bangkok Bank will be able to credit the recipient’s account in Thailand only when the name and account number of the recipient in your transfer instruction from the banks in the US matches the recipient’s name and account number at Bangkok Bank.
      • If you have a USD account with Bangkok Bank in Thailand, you can have the funds  deposited into your USD account without converting them into Thai Baht. Please enter the first 16-digit number of your USD account at Bangkok Bank in Thailand*.


      *Please click here to view more details on USD accounts, terms and conditions of deposit-withdrawal transactions.

      Transferred Amount

      Fee (USD)

        Not more than USD 50.00

      Free

        USD 50.01 - 100.00

      3.00

        USD 100.01 -  2,000.00

      5.00

        USD 2,000.01 -  50,000.00

      10.00

        USD 50,000.01 or more

      20.00

      For more information, please call Bualuang Phone 1333 in Thailand or (66) 0-2645-5555 from overseas,
      or Bangkok Bank's New York branch on (1-212) 422-8200.

      Subscribe now for free SMS alert!  
      Enroll to receive an SMS notification when international funds are credited to your account. Apply at any Bualuang ATM or via Bangkok Bank's Call Center.

      Important Note

      You cannot transfer funds from Bangkok Bank's account in Thailand to your account with banks or online payment service providers in the US via Bangkok Bank's New York branch and the ACH system. If you initiate direct debit or ACH debit transactions to Bangkok Bank's New York branch, banks in the US and online payment service providers may suspend your account.
      Tips/Useful Info
      US ACH is an electronic fund transfers system that connects over 12,000 US financial institutions.

      Routing Number or Routing Transit Number (RTN) is a 9-digit number that is assigned by the American Bankers' Association to banks and financial institutions. The 9-digit number is used in instructions for fund transfers from the sending bank to the receiving bank via the US ACH system.

      The Routing Number of Bangkok Bank's New York branch is 026008691

      You can check whether international funds transfers have been received in your account by calling Bualuang Phone on 1333 or (66) 0-2645-5555.

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