Transferring out of Thailand
Transfer funds for Education
Get the same market-low fee when transferring funds to your children studying overseas
Transferring out of Thailand
With branches nationwide and a variety of service channels, you can easily transfer funds overseas
SWIFT
You can send funds abroad or receive funds from overseas via SWIFT – a fast and secure way.
Bualuang iBanking
Bualuang iBanking offers a convenient and cost-effective way to transfer funds via the internet.
Western Union
Western Union offers an easy and fast option to send or receive funds internationally with no need to have a bank account.
Additional Information
Information required when sending funds to Myanmar via SWIFT (from June 1, 2020 onwards)
Advice to transfer funds to Myanmar via SWIFT
From June 1, 2020 onwards, the Central Bank of Myanmar requires Bangkok Bank’s customers to indicate the ITRS Code (International Transactions Reporting System Code) for International Fund Transfer transactions to Myanmar. Therefore, you are advised to obtain an ITRS Code from your recipient in Myanmar and provide the code in the "Application for Outward Remittance" form to enable Bangkok Bank to include the ITRS Code in the SWIFT message to the beneficiary bank in Myanmar with the purpose of the payment to the Central Bank of Myanmar. If you do not indicate the ITRS Code, or provide the wrong ITRS Code, it may cause a delay in the payment to your recipient, and you may have to pay an additional charge if the bank in Myanmar applies a charge for having to send an inquiry about the ITRS Code to Bangkok Bank.
Example: How to indicate the ITRS Code in an Application for Outward Remittance
If you wish to transfer funds for goods to a recipient in Myanmar, indicate ITRS Code 1100
ITRS stands for "International Transactions Reporting System Code" which is a 4-digit numeric code to indicate the purpose of a remittance transaction and comply with the Central Bank of Myanmar regulations.
1. Goods exported and imported
2. Transport and travel services
3. Other services
4. Income
5. Transfers
7. Transactions in claims (assets) on non-residents
8. Transactions in liabilities to non-residents
9. Transfer of funds between residents
10. Realized gains or losses
More information about ITRS Code
Application form for outward remittance
Fees
Information required when sending funds abroad via SWIFT
To transfer funds overseas you will need the following information:
- The recipient’s account name, account number and address.
- The name and address of the recipient’s bank.
- The SWIFT address of the bank that they have an account with (if any).
- Supporting document (for Thai citizens, a document stating the purpose of the fund transfer; for foreigners, a document stating the income’s source).
If transferring funds to a bank account in Europe or the Middle East, senders should ask recipients for their IBAN.
FAQS
FAQs
FAQs about transferring out of Thailand
