Most overseas banks will need the following details:
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.
There are three ways to find out if your funds have arrived:
No, you do not need 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, bringing your ID card or passport to the branch 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 them into baht before making a cash payout at our counters.
Bangkok Bank charges a receiving fee of 0.25% of the transfer amount (minimum 200 baht, maximum 500 baht) plus a cash payout fee of 150 baht per transaction. You can also receive money via the Western Union Money Transfer Service at any Bangkok Bank branch or exchange booth across Thailand with no charges.
For buying a condominium in Thailand, you can transfer funds from an overseas bank via SWIFT to your Bangkok Bank Thai Baht account or Foreign Currency Deposit account (FCD). Please specify the purpose of your funds transfer instruction as “To purchase a condominium.”
Upon receiving the funds, you can contact the Bangkok Bank branch where you maintain your account and request the documents you will need to present to the Department of Lands when registering ownership.