Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from THAILAND to INDONESIA

Data collected on: Mar 22, 2021
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.
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
99.002.79
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
2.002.00
142.004.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
99.002.79
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
2.002.00
142.004.00
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.79
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
2.002.00
142.004.00
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
267.507.54
3.32
Percentage difference between market reference rate 466.12 and exchange rate charged 450.65
3.32
7.097.09
503.3914.18
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
600.0016.90
1.97
Percentage difference between market reference rate 466.12 and exchange rate charged 456.96
1.97
10.4210.42
739.8220.84
SpeedSend
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
250.007.04
9.48
Percentage difference between market reference rate 466.12 and exchange rate charged 421.94
9.48
13.0013.00
923.0026.00
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,050.0029.58
1.93
Percentage difference between market reference rate 466.12 and exchange rate charged 457.14
1.93
16.7116.71
1,186.4133.42
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,250.0035.21
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
18.0118.01
1,278.7136.02
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
1,250.0035.21
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
18.0118.01
1,278.7136.02
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,150.0032.39
1.93
Percentage difference between market reference rate 466.12 and exchange rate charged 457.14
1.93
18.1218.12
1,286.5236.24
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,450.0040.85
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
20.8320.83
1,478.9341.66
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0038.03
7.13
Percentage difference between market reference rate 466.12 and exchange rate charged 432.90
7.13
26.1426.14
1,855.9452.28
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,150.0032.39
10.43
Percentage difference between market reference rate 466.12 and exchange rate charged 417.52
10.43
26.6226.62
1,890.0253.24
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.62
10.43
Percentage difference between market reference rate 466.12 and exchange rate charged 417.52
10.43
28.7428.74
2,040.5457.48
Total Average First Quarter
14.9814.98
Total Average Fourth Quarter 2020
14.3714.37
Total Average
Fee
811.7522.87
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
14.9814.98
Total Cost (THB) Total Cost (USD)
1,063.4329.96
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
99.002.78
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
1.171.17
208.265.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
99.002.78
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
1.171.17
208.265.85
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.78
0.61
Percentage difference between market reference rate 466.12 and exchange rate charged 463.28
0.61
1.171.17
208.265.85
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
267.507.51
3.32
Percentage difference between market reference rate 466.12 and exchange rate charged 450.65
3.32
4.824.82
857.9624.10
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
600.0016.85
1.97
Percentage difference between market reference rate 466.12 and exchange rate charged 456.96
1.97
5.345.34
950.5226.70
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
1,250.0035.11
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
7.437.43
1,322.5437.15
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,250.0035.11
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
7.437.43
1,322.5437.15
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,050.0029.49
1.93
Percentage difference between market reference rate 466.12 and exchange rate charged 457.14
1.93
7.837.83
1,393.7439.15
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,150.0032.30
1.93
Percentage difference between market reference rate 466.12 and exchange rate charged 457.14
1.93
8.398.39
1,493.4241.95
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,450.0040.73
0.41
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.41
8.558.55
1,521.9042.75
SpeedSend
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
250.007.02
9.48
Percentage difference between market reference rate 466.12 and exchange rate charged 421.94
9.48
10.8810.88
1,936.6454.40
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0037.92
7.13
Percentage difference between market reference rate 466.12 and exchange rate charged 432.90
7.13
14.7114.71
2,618.3873.55
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,150.0032.30
10.43
Percentage difference between market reference rate 466.12 and exchange rate charged 417.52
10.43
16.8916.89
3,006.4284.45
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.52
10.43
Percentage difference between market reference rate 466.12 and exchange rate charged 417.52
10.43
17.7317.73
3,155.9488.65
Total Average First Quarter
8.118.11
Total Average Fourth Quarter 2020
7.907.90
Total Average
Fee
811.7522.80
Exchange Rate Margin (%)
3.553.55
Total Cost Percent (%)
8.118.11
Total Cost (THB) Total Cost (USD)
1,443.2040.54
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash