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Sending money from THAILAND to INDIA

Data collected on: Nov 01, 2019
THB | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)sort descending
Total cost (THB)Total cost (USD)
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.79
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 2.35 and exchange rate charged 2.330.87
Total cost (%)sort descending
2.262.26
Total cost (THB)Total cost (USD)
160.464.52
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
99.002.79
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 2.35 and exchange rate charged 2.330.87
Total cost (%)sort descending
2.262.26
Total cost (THB)Total cost (USD)
160.464.52
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.79
Exchange rate margin (%)
1.40
Percentage difference between market reference rate 2.35 and exchange rate charged 2.321.40
Total cost (%)sort descending
2.792.79
Total cost (THB)Total cost (USD)
198.095.58
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.79
Exchange rate margin (%)
2.06
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.06
Total cost (%)sort descending
3.453.45
Total cost (THB)Total cost (USD)
244.956.90
Firm
DeeMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
150.004.23
Exchange rate margin (%)
1.93
Percentage difference between market reference rate 2.35 and exchange rate charged 2.311.93
Total cost (%)sort descending
4.044.04
Total cost (THB)Total cost (USD)
286.848.08
Firm
Indian Overseas Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
400.0011.27
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.04
Total cost (%)sort descending
7.677.67
Total cost (THB)Total cost (USD)
544.5715.34
Firm
Indian Overseas Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
500.0014.08
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.04
Total cost (%)sort descending
9.089.08
Total cost (THB)Total cost (USD)
644.6818.16
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
590.0016.62
Exchange rate margin (%)
2.94
Percentage difference between market reference rate 2.35 and exchange rate charged 2.282.94
Total cost (%)sort descending
11.2511.25
Total cost (THB)Total cost (USD)
798.7522.50
Firm
Bangkok Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1,050.0029.58
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
15.3015.30
Total cost (THB)Total cost (USD)
1,086.3030.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
600.0016.90
Exchange rate margin (%)
7.09
Percentage difference between market reference rate 2.35 and exchange rate charged 2.197.09
Total cost (%)sort descending
15.5415.54
Total cost (THB)Total cost (USD)
1,103.3431.08
Firm
Krungthai Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,100.0030.99
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
16.0016.00
Total cost (THB)Total cost (USD)
1,136.0032.00
Firm
Bangkok Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,150.0032.39
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
16.7016.70
Total cost (THB)Total cost (USD)
1,185.7033.40
Firm
Krungsri Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,150.0032.39
Exchange rate margin (%)
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.80
Total cost (%)sort descending
17.0017.00
Total cost (THB)Total cost (USD)
1,207.0034.00
Firm
Krungthai Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,200.0033.80
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
17.4117.41
Total cost (THB)Total cost (USD)
1,236.1134.82
Firm
TMB Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,250.0035.21
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
18.1118.11
Total cost (THB)Total cost (USD)
1,285.8136.22
Firm
UOB Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,250.0035.21
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
18.1118.11
Total cost (THB)Total cost (USD)
1,285.8136.22
Firm
Kasikorn Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,300.0036.62
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
18.8218.82
Total cost (THB)Total cost (USD)
1,336.2237.64
Firm
Krungsri Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
1,300.0036.62
Exchange rate margin (%)
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.80
Total cost (%)sort descending
19.1119.11
Total cost (THB)Total cost (USD)
1,356.8138.22
Firm
Siam Commercial Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,350.0038.03
Exchange rate margin (%)
0.48
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.48
Total cost (%)sort descending
19.4919.49
Total cost (THB)Total cost (USD)
1,383.7938.98
Firm
UOB Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,450.0040.85
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)sort descending
20.9320.93
Total cost (THB)Total cost (USD)
1,486.0341.86
Total Average Fourth Quarter 2019
12.7712.77
Total Average Third Quarter 2019
13.0613.06
Total Average
Fee
809.3022.80
Exchange Rate Margin (%)
1.371.37
Total Cost Percent (%)
12.7712.77
Total Cost (THB) Total Cost (USD)
906.3925.53
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Own/partner bank account
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (THB)Total cost (USD)
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.78
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 2.35 and exchange rate charged 2.330.87
Total cost (%)
1.421.42
Total cost (THB)Total cost (USD)
252.767.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
99.002.78
Exchange rate margin (%)
0.87
Percentage difference between market reference rate 2.35 and exchange rate charged 2.330.87
Total cost (%)
1.421.42
Total cost (THB)Total cost (USD)
252.767.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.78
Exchange rate margin (%)
1.40
Percentage difference between market reference rate 2.35 and exchange rate charged 2.321.40
Total cost (%)
1.951.95
Total cost (THB)Total cost (USD)
347.109.75
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
99.002.78
Exchange rate margin (%)
2.06
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.06
Total cost (%)
2.612.61
Total cost (THB)Total cost (USD)
464.5813.05
Firm
DeeMoney
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
150.004.21
Exchange rate margin (%)
1.93
Percentage difference between market reference rate 2.35 and exchange rate charged 2.311.93
Total cost (%)
2.772.77
Total cost (THB)Total cost (USD)
493.0613.85
Firm
Indian Overseas Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
400.0011.24
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.04
Total cost (%)
4.294.29
Total cost (THB)Total cost (USD)
763.6221.45
Firm
Indian Overseas Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
500.0014.04
Exchange rate margin (%)
2.04
Percentage difference between market reference rate 2.35 and exchange rate charged 2.302.04
Total cost (%)
4.854.85
Total cost (THB)Total cost (USD)
863.3024.25
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
900.0025.28
Exchange rate margin (%)
2.94
Percentage difference between market reference rate 2.35 and exchange rate charged 2.282.94
Total cost (%)
8.008.00
Total cost (THB)Total cost (USD)
1,424.0040.00
Firm
Bangkok Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Medium
Fee
1,050.0029.49
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
6.416.41
Total cost (THB)Total cost (USD)
1,140.9832.05
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
600.0016.85
Exchange rate margin (%)
7.09
Percentage difference between market reference rate 2.35 and exchange rate charged 2.197.09
Total cost (%)
10.4610.46
Total cost (THB)Total cost (USD)
1,861.8852.30
Firm
Krungthai Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,100.0030.90
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
6.696.69
Total cost (THB)Total cost (USD)
1,190.8233.45
Firm
Bangkok Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,150.0032.30
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
6.976.97
Total cost (THB)Total cost (USD)
1,240.6634.85
Firm
Krungsri Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,150.0032.30
Exchange rate margin (%)
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.80
Total cost (%)
7.267.26
Total cost (THB)Total cost (USD)
1,292.2836.30
Firm
Krungthai Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,200.0033.71
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
7.257.25
Total cost (THB)Total cost (USD)
1,290.5036.25
Firm
TMB Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,250.0035.11
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
7.537.53
Total cost (THB)Total cost (USD)
1,340.3437.65
Firm
UOB Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,250.0035.11
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
7.537.53
Total cost (THB)Total cost (USD)
1,340.3437.65
Firm
Kasikorn Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,300.0036.52
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
7.817.81
Total cost (THB)Total cost (USD)
1,390.1839.05
Firm
Krungsri Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
Low
Fee
1,300.0036.52
Exchange rate margin (%)
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.80
Total cost (%)
8.118.11
Total cost (THB)Total cost (USD)
1,443.5840.55
Firm
Siam Commercial Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,350.0037.92
Exchange rate margin (%)
0.48
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.48
Total cost (%)
8.068.06
Total cost (THB)Total cost (USD)
1,434.6840.30
Firm
UOB Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,450.0040.73
Exchange rate margin (%)
0.51
Percentage difference between market reference rate 0.03 and exchange rate charged 0.030.51
Total cost (%)
8.658.65
Total cost (THB)Total cost (USD)
1,539.7043.25
Total Average Fourth Quarter 2019
6.006.00
Total Average Third Quarter 2019
6.006.00
Total Average
Fee
824.8023.17
Exchange Rate Margin (%)
1.371.37
Total Cost Percent (%)
6.006.00
Total Cost (THB) Total Cost (USD)
1,068.3630.01
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Own/partner bank account
Least Costly Corridors To India
Least Costly Corridors From Thailand
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