International Funds Transfer

International Funds Transfer

A great way to transfer money overseas conveniently, securely and quickly. The service requires a one-time registration set up, including beneficiary registration from Bualuang iBanking, after which transfers can be made on demand at your own convenience and funds can be transferred for any number of purposes as follows:

Thai Nationals

• Educational expenses
• Travel expenses
• Personal expenses
• Payment for goods
• Payment for services
• Wage paid to foreigners
• Residence expenses
• Family support
• Gifts

Foreigners

• Repatriation of income
• Educational expenses
• Travel expenses
• Personal expenses
• Payment for goods
• Payment for services
• Gifts

Fees

• 300 baht per transaction (normal fee is 400 baht per transaction) when you choose to pay only the Bangkok Bank sending fee
• 1,050 baht per transaction (normal fee is 1,150 baht per transaction) when you choose to pay both the Bangkok Bank and the foreign bank fee*

Except for a fund transfer made in Japanese yen (JPY), which has a fee of 2,400 baht per transaction (reduced from a minimum fee of 2,500 baht per transaction), or in Hong Kong dollars (HKD), which has a fee of 1,350 baht per transaction (normal price).

*Recipients may not receive the full amount of funds if foreign banks charge additional fees.


Apply for the International Funds Transfer service via Bualuang iBanking

Apply through Bualuang iBanking

1. Sign in to Bualuang iBanking
2. Go to “Transfer” and select “Add 3rd Party Intl. Account”
3. Complete the form clearly. You can submit your request between 6:00 a.m. - 9:00 p.m. on bank working days. The Bank will inform you of the result of your request by email within three business days.

Once you have successfully registered for the International Funds Transfer service via Bualuang iBanking, you can send a request to update beneficiary information or delete beneficiaries via Bualuang iBanking.

Apply at any Bangkok Bank branch in Thailand

Bualuang iBanking user – You can print out the “Application for International Funds Transfer Service via Bualuang iBanking”.

1. Sign in to Bualuang iBanking
2. Go to “Transfer” and select “International Funds Transfer”
3. Click “Print” and select “Application Form” on the right side of the screen
4. Complete the application form clearly
5. Submit your application along with the required documents at any Bangkok Bank branch

Bualuang iBanking non user – You can apply for the Bualuang iBanking service along with the International Funds Transfer service via Bualuang iBanking at any Bangkok Bank branch in Thailand.

The Bank will need 3 to 5 working days to process your application. Once your application is approved, the beneficiary account you registered with your application will be shown on the “International Funds Transfer” page in Bualuang iBanking.

Required Documents

Thai Nationals

• Citizen ID card or Government ID card or State Enterprise ID card or Driver’s license stating citizen ID number
• Copy of house registration (if the ID does not contain an ID number)
• Passbook or cheque book or cheque book receipt form of the deposit account used for Bualuang iBanking (for e-Savings Account customers, a bank officer will assist you with the application process)

Foreigners

• Passport
• Passbook or cheque book or cheque book receipt form of the deposit account used for Bualuang iBanking

Service Conditions

• For transactions made between 8:30 a.m. - 5:00 p.m. on bank business days, the Bank will complete the transfer immediately. For transactions made outside these hours the transaction will be executed at 9:00 a.m. on the next bank business day. For future-dated transfer instructions, the transfer will be executed at approximately 9:00 a.m. on the instructed day.
• The Bank will complete international transfers using the Selling Rate T/T as announced on the transfer date.
• The maximum transfer limit is 2,000,000 baht per transaction per day (This is a combined limit for international funds transfers made via Bangkok Bank Mobile Banking, PromptPay International and Western Union).
• If you have activated the email or SMS service, the Bank will notify you once the instruction has been processed.