Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from THAILAND to INDONESIA

Data collected on: May 28, 2021-Jun 13, 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)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
Internet
Sending network coverage
High
Receiving method
Medium
1,050.0029.58
2.39
Percentage difference between market reference rate 457.33 and exchange rate charged 446.42
2.39
17.1717.17
1,219.0734.34
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,050.0029.58
2.39
Percentage difference between market reference rate 457.33 and exchange rate charged 446.42
2.39
17.1717.17
1,219.0734.34
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
250.007.04
3.59
Percentage difference between market reference rate 457.53 and exchange rate charged 441.11
3.59
7.117.11
504.8114.22
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
250.007.04
4.56
Percentage difference between market reference rate 457.53 and exchange rate charged 436.68
4.56
8.088.08
573.6816.16
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.62
10.32
Percentage difference between market reference rate 457.38 and exchange rate charged 410.17
10.32
28.6328.63
2,032.7357.26
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,300.0036.62
10.13
Percentage difference between market reference rate 456.38 and exchange rate charged 410.17
10.13
28.4428.44
2,019.2456.88
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.79
1.83
Percentage difference between market reference rate 459.06 and exchange rate charged 450.65
1.83
3.233.23
229.336.46
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0038.03
5.44
Percentage difference between market reference rate 457.82 and exchange rate charged 432.90
5.44
24.4624.46
1,736.6648.92
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,200.0033.80
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.80
17.7017.70
1,256.7035.40
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,450.0040.85
0.38
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.38
20.8120.81
1,477.5141.62
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
1,250.0035.21
0.38
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.38
17.9917.99
1,277.2935.98
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
99.002.79
1.09
Percentage difference between market reference rate 456.23 and exchange rate charged 451.28
1.09
2.482.48
176.084.96
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
99.002.79
1.19
Percentage difference between market reference rate 456.83 and exchange rate charged 451.41
1.19
2.582.58
183.185.16
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
115.053.24
1.09
Percentage difference between market reference rate 456.23 and exchange rate charged 451.28
1.09
2.712.71
192.415.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.79
2.83
Percentage difference between market reference rate 456.23 and exchange rate charged 443.30
2.83
4.234.23
300.338.46
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
99.002.79
1.19
Percentage difference between market reference rate 456.83 and exchange rate charged 451.41
1.19
2.582.58
183.185.16
Total Average Second Quarter
12.8412.84
Total Average First Quarter
14.9814.98
Total Average
Fee
691.2519.47
Exchange Rate Margin (%)
3.103.10
Total Cost Percent (%)
12.8412.84
Total Cost (THB) Total Cost (USD)
911.3325.67
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,050.0029.49
2.39
Percentage difference between market reference rate 457.33 and exchange rate charged 446.42
2.39
8.288.28
1,473.8441.40
Bangkok Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,050.0029.49
2.39
Percentage difference between market reference rate 457.33 and exchange rate charged 446.42
2.39
8.288.28
1,473.8441.40
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
250.007.02
3.59
Percentage difference between market reference rate 457.53 and exchange rate charged 441.11
3.59
4.994.99
888.2224.95
DeeMoney
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Bank branch
Medium
250.007.02
4.56
Percentage difference between market reference rate 457.53 and exchange rate charged 436.68
4.56
5.965.96
1,060.8829.80
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
1,300.0036.52
10.13
Percentage difference between market reference rate 456.38 and exchange rate charged 410.17
10.13
17.4317.43
3,102.5487.15
Krungsri Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.52
10.32
Percentage difference between market reference rate 457.38 and exchange rate charged 410.17
10.32
17.6317.63
3,138.1488.15
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.78
1.83
Percentage difference between market reference rate 459.06 and exchange rate charged 450.65
1.83
2.392.39
425.4211.95
Siam Commercial Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0037.92
5.44
Percentage difference between market reference rate 457.82 and exchange rate charged 432.90
5.44
13.0313.03
2,319.3465.15
TMB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,200.0033.71
0.80
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.80
7.547.54
1,342.1237.70
UOB Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,450.0040.73
0.38
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.38
8.538.53
1,518.3442.65
UOB Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
1,250.0035.11
0.38
Percentage difference between market reference rate 0.03 and exchange rate charged 0.03
0.38
7.417.41
1,318.9837.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
99.002.78
1.17
Percentage difference between market reference rate 456.83 and exchange rate charged 451.46
1.17
1.731.73
307.948.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
99.002.78
1.09
Percentage difference between market reference rate 456.23 and exchange rate charged 451.28
1.09
1.641.64
291.928.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
99.002.78
2.83
Percentage difference between market reference rate 456.23 and exchange rate charged 443.30
2.83
3.393.39
603.4216.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
99.002.78
1.17
Percentage difference between market reference rate 456.83 and exchange rate charged 451.46
1.17
1.731.73
307.948.65
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Agent
High
115.053.23
1.09
Percentage difference between market reference rate 456.23 and exchange rate charged 451.28
1.09
1.731.73
307.948.65
Total Average Second Quarter
6.986.98
Total Average First Quarter
8.118.11
Total Average
Fee
691.2519.42
Exchange Rate Margin (%)
3.103.10
Total Cost Percent (%)
6.986.98
Total Cost (THB) Total Cost (USD)
1,242.5534.90
Non-Transparent records
Bank account transfer Credit Card Debit card Cash
Less than one hour 2 days
Bank account Cash