Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from THAILAND to INDIA

Data collected on: Nov 21, 2024-Nov 23, 2024
THB | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (THB)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Bangkok Bank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
High
600.0016.90
3.40
Percentage difference between market reference rate 2.45 and exchange rate charged 2.37
3.40
11.8511.85
841.3523.70
Kasikorn Bank K Plus
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
950.0026.76
2.54
Percentage difference between market reference rate 2.44 and exchange rate charged 2.38
2.54
15.9215.92
1,130.3231.84
Total Average Fourth Quarter 2024
13.8913.89
Total Average Third Quarter 2024
12.5012.50
Total Average
Fee
775.0021.83
Exchange Rate Margin (%)
2.972.97
Total Cost Percent (%)
13.8913.89
Total Cost (THB) Total Cost (USD)
985.8427.77
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Bangkok Bank via Western Union
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
High
600.0016.85
3.40
Percentage difference between market reference rate 2.45 and exchange rate charged 2.37
3.40
6.776.77
1,205.0633.85
Kasikorn Bank K Plus
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
950.0026.69
2.54
Percentage difference between market reference rate 2.44 and exchange rate charged 2.38
2.54
7.887.88
1,402.6439.40
Total Average Fourth Quarter 2024
7.337.33
Total Average Third Quarter 2024
7.007.00
Total Average
Fee
775.0021.77
Exchange Rate Margin (%)
2.972.97
Total Cost Percent (%)
7.337.33
Total Cost (THB) Total Cost (USD)
1,303.8536.63
Non-Transparent records
Bank account transfer Cash
Less than one hour 2 days
Bank account Cash