Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from THAILAND to INDIA

Data collected on: Aug 27, 2023-Aug 28, 2023
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1,150.0032.39
-0.11
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.11
16.0916.09
1,142.3932.18
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,050.0029.58
-0.11
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.11
14.6814.68
1,042.2829.36
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
125.003.52
0.28
Percentage difference between market reference rate 2.34 and exchange rate charged 2.34
0.28
2.042.04
144.844.08
Indian Overseas Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
100.002.82
0.86
Percentage difference between market reference rate 2.34 and exchange rate charged 2.32
0.86
2.272.27
161.174.54
Indian Overseas Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
100.002.82
0.87
Percentage difference between market reference rate 2.34 and exchange rate charged 2.32
0.87
2.282.28
161.884.56
Kasikorn Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,300.0036.62
-0.15
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.15
18.1618.16
1,289.3636.32
Kasikorn Bank K Plus
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
250.007.04
2.33
Percentage difference between market reference rate 2.35 and exchange rate charged 2.30
2.33
5.855.85
415.3511.70
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,150.0032.39
6.67
Percentage difference between market reference rate 2.34 and exchange rate charged 2.18
6.67
22.8722.87
1,623.7745.74
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,300.0036.62
6.79
Percentage difference between market reference rate 2.34 and exchange rate charged 2.18
6.79
25.1025.10
1,782.1050.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.79
2.15
Percentage difference between market reference rate 2.34 and exchange rate charged 2.29
2.15
3.543.54
251.347.08
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,350.0038.03
7.64
Percentage difference between market reference rate 2.34 and exchange rate charged 2.16
7.64
26.6526.65
1,892.1553.30
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,200.0033.80
-0.17
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.17
16.7316.73
1,187.8333.46
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1,300.0036.62
5.85
Percentage difference between market reference rate 2.34 and exchange rate charged 2.21
5.85
24.1624.16
1,715.3648.32
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1,100.0030.99
5.78
Percentage difference between market reference rate 2.34 and exchange rate charged 2.21
5.78
21.2721.27
1,510.1742.54
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
0.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
0.99
2.382.38
168.984.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
0.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
0.99
2.382.38
168.984.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
1.05
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
1.05
2.442.44
173.244.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
2.96
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
2.96
4.354.35
308.858.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
2.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
2.99
4.384.38
310.988.76
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.79
3.05
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
3.05
4.444.44
315.248.88
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.79
1.47
Percentage difference between market reference rate 2.35 and exchange rate charged 2.31
1.47
2.862.86
203.065.72
Total Average Third Quarter 2023
10.7110.71
Total Average Second Quarter 2023
11.1011.10
Total Average
Fee
584.1416.45
Exchange Rate Margin (%)
2.482.48
Total Cost Percent (%)
10.7110.71
Total Cost (THB) Total Cost (USD)
760.4421.42
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1,150.0032.30
-0.11
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.11
6.356.35
1,130.3031.75
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,050.0029.49
-0.11
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.11
5.795.79
1,030.6228.95
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Low
Receiving method
High
125.003.51
0.28
Percentage difference between market reference rate 2.34 and exchange rate charged 2.34
0.28
0.980.98
174.444.90
Indian Overseas Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
100.002.81
0.86
Percentage difference between market reference rate 2.34 and exchange rate charged 2.32
0.86
1.421.42
252.767.10
Indian Overseas Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
100.002.81
0.87
Percentage difference between market reference rate 2.34 and exchange rate charged 2.32
0.87
1.431.43
254.547.15
Kasikorn Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,300.0036.52
-0.15
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.15
7.157.15
1,272.7035.75
Kasikorn Bank K Plus
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Mobile phone
Sending network coverage
High
Receiving method
Medium
250.007.02
2.33
Percentage difference between market reference rate 2.35 and exchange rate charged 2.30
2.33
3.733.73
663.9418.65
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,150.0032.30
6.67
Percentage difference between market reference rate 2.34 and exchange rate charged 2.18
6.67
13.1313.13
2,337.1465.65
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,300.0036.52
6.79
Percentage difference between market reference rate 2.34 and exchange rate charged 2.18
6.79
14.0914.09
2,508.0270.45
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.78
2.15
Percentage difference between market reference rate 2.34 and exchange rate charged 2.29
2.15
2.712.71
482.3813.55
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,350.0037.92
7.64
Percentage difference between market reference rate 2.34 and exchange rate charged 2.16
7.64
15.2215.22
2,709.1676.10
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
1,200.0033.71
-0.17
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
-0.17
6.576.57
1,169.4632.85
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
High
1,300.0036.52
5.85
Percentage difference between market reference rate 2.34 and exchange rate charged 2.21
5.85
13.1513.15
2,340.7065.75
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
1,100.0030.90
5.78
Percentage difference between market reference rate 2.34 and exchange rate charged 2.21
5.78
11.9611.96
2,128.8859.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
0.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
0.99
1.551.55
275.907.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
0.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
0.99
1.551.55
275.907.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
1.05
Percentage difference between market reference rate 2.35 and exchange rate charged 2.32
1.05
1.611.61
286.588.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
2.96
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
2.96
3.523.52
626.5617.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
2.99
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
2.99
3.553.55
631.9017.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
99.002.78
3.05
Percentage difference between market reference rate 2.35 and exchange rate charged 2.28
3.05
3.613.61
642.5818.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.78
1.47
Percentage difference between market reference rate 2.35 and exchange rate charged 2.31
1.47
2.032.03
361.3410.15
Total Average Third Quarter 2023
5.775.77
Total Average Second Quarter 2023
6.156.15
Total Average
Fee
584.1416.41
Exchange Rate Margin (%)
2.482.48
Total Cost Percent (%)
5.775.77
Total Cost (THB) Total Cost (USD)
1,026.4728.83
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour Next day 2 days
Bank account Cash Own/partner bank account