Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from THAILAND to LAOS

Data collected on: Feb 08, 2019
THB | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
160.004.51
1.53
1.53
3.783.78
268.387.56
Krungsri Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
350.009.86
0.00
0.00
4.934.93
350.039.86
UOB Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
350.009.86
0.00
0.00
4.934.93
350.039.86
UOB Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
550.0015.49
0.00
0.00
7.757.75
550.2515.50
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
150.004.23
6.16
6.16
8.278.27
587.1716.54
Krungthai Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,100.0030.99
1.20
1.20
16.6916.69
1,184.9933.38
TMB Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,200.0033.80
0.41
0.41
17.3217.32
1,229.7234.64
Bangkok Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,150.0032.39
1.17
1.17
17.3717.37
1,233.2734.74
Krungthai Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
1,200.0033.80
1.20
1.20
18.1018.10
1,285.1036.20
Kasikorn Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.62
1.01
1.01
19.3219.32
1,371.7238.64
Siam Commercial Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0038.03
1.14
1.14
20.1520.15
1,430.6540.30
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
SpeedSend
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
150.004.23
0.00
0.00
2.112.11
149.814.22
Total Average First Quarter
11.7311.73
Total Average Fourth Quarter 2018
14.2114.21
Total Average
Fee
750.8321.15
Exchange Rate Margin (%)
1.151.15
Total Cost Percent (%)
11.7311.73
Total Cost (THB) Total Cost (USD)
832.5923.45
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
Krungsri Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
350.009.83
0.00
0.00
1.971.97
350.669.85
UOB Bank
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
350.009.83
0.00
0.00
1.971.97
350.669.85
Western Union
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
160.004.49
1.53
1.53
2.432.43
432.5412.15
UOB Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
550.0015.45
0.00
0.00
3.093.09
550.0215.45
TMB Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,200.0033.71
0.41
0.41
7.167.16
1,274.4835.80
Krungthai Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,100.0030.90
1.20
1.20
7.387.38
1,313.6436.90
Bangkok Bank
Payment instrument
Access point
Bank branch
Sending network coverage
Medium
Receiving method
Medium
1,150.0032.30
1.17
1.17
7.637.63
1,358.1438.15
MoneyGram
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
300.008.43
6.16
6.16
7.857.85
1,397.3039.25
Krungthai Bank
Payment instrument
Access point
Bank branch, Call Center
Sending network coverage
High
Receiving method
Medium
1,200.0033.71
1.20
1.20
7.947.94
1,413.3239.70
Kasikorn Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,300.0036.52
1.01
1.01
8.328.32
1,480.9641.60
Siam Commercial Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,350.0037.92
1.14
1.14
8.728.72
1,552.1643.60
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
SpeedSend
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
150.004.21
0.00
0.00
0.840.84
149.524.20
Total Average First Quarter
5.445.44
Total Average Fourth Quarter 2018
6.246.24
Total Average
Fee
763.3321.44
Exchange Rate Margin (%)
1.151.15
Total Cost Percent (%)
5.445.44
Total Cost (THB) Total Cost (USD)
968.6227.21
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash
Least Costly Corridors To Laos