Send Money from India to Thailand with Bookmyforex
A growing number of Indians are dipping their toes into the foreign water for education, employment, or to simply improve their quality of life. If your family or friends are among them, then you might be looking for ways to send money internationally to them. With BookMyForex, you can now transfer money from India to abroad within 12-48 working hours.
Thailand is one of Asia's must-visit destinations because of its soothing tropical beaches, opulent palaces, and ultramodern infrastructure. There's something for everyone at this place, regardless of age. BookMyForex has revolutionized the way you can send money from India to foreign countries like Thailand. Payment to tour agents and sending money to friends and family living there are the most common reasons for sending money from India to Thailand.
To send money, you can visit our website or download our mobile app and fill in the details. BookMyForex ensures that transfers are processed as quickly as possible. You can be sure that each step is transparent, so you will pay for what you see on the screen. BookMyForex offers a fully online remittance process so that you don't have to visit the bank and can transfer money to Thailand from the comfort of your home. You can remit money in either the local currency of Thailand or in US Dollars. Up to USD 2,50,000 or its equivalent can be remitted abroad in a financial year.
Ways to Send Money from India to Thailand
There are two ways to send money to Thailand with BookMyForex:
Wire transfers:
There is no better way to send money to Thailand than to use a wire transfer. In a wire transfer, money is sent directly from an Indian bank account to the overseas bank account of your beneficiary. Banks may offer online wire transfers, but companies such as BookMyForex provide a cheaper alternative.
Banks in India charge between Rs. 500 and Rs. 2500 to process it. Additionally, foreign banks that receive the money charge foreign correspondent fees ranging from USD 10 to USD 40 or equivalent. Bookmyforex guarantees the lowest wire transfer rates and eliminates the need to visit a bank branch. As BookMyForex's remittance process is fully online, you can do everything from the convenience of your own home.
Foreign currency Demand Drafts:
If you are looking to transfer money to Thailand from India, this could be a viable option. You can carry Foreign Currency Demand Drafts and encash it at your local bank in Thailand.
How to transfer money from India to Thailand?
It is pretty straightforward to transfer money to Thailand via wire transfer. When you use the BookMyForex website for wire transfers, you will get the best service and the lowest rates.
Step 1: To make an outward remittance, you have to select your city, and the country to which you want to transfer money, and then enter an amount to send. Click on the “Book this Order” button to proceed further.
Step 2: Next, you need to validate the remitter's details via Aadhar card and PAN card.
Step 3: You have to then specify the purpose of your remittance and verify your eligibility.
Step 4: You will be then asked to upload the minimal set of documents such as the Remitter’s photo cum address proof which can either be a valid passport, Aadhar card or a Voter card along with some other valid documents basis the purpose of the remittance.
Step 5: Next, the beneficiary's details should be entered including name, address, bank name, routing number, bank address, account number and Swift code. Following that, the funds can now be transferred online from the remitter’s savings bank account.
Step 6: You'll see a declaration page on your screen, and you'll have to give consent to all of them. In order to provide your consent, you need to enter the OTP that will be sent to your mobile number and email address.
Step 7: Before you proceed further, make sure to review your order details and then you can make a payment either via NEFT/RTGS or Net banking.
Step 8: You will get the Order Confirmation summary. All you need to do now is to check the Remittance Application form received on the registered email ID and submit it to us digitally. You will be provided with a SWIFT acknowledgement once the remittance is processed by the partner bank.
Alternatively, you can use BookMyForex's mobile app to transfer the money. Follow the below steps and you'll be able to transfer money easily to Thailand without any hassle:
Step 1: Go to the mobile app and click on International money transfer. You have to select your city, and the country to which you want to transfer money, and then enter an amount to send. Click on the “Book this Order” button to proceed further.
Step 2: Following that, you are required to validate the remitter's details
Step 3: The next step is to specify the purpose of your remittance and verify your eligibility.
Step 4: You will need to upload the minimum set of documents such as the remitter's photo cum address proof. This can be a valid passport, Aadhar card, or voter card, plus some other valid documents based on the purpose of remittance.
Step 5: After that, the beneficiary's details, including name, address, bank name, routing number, account number, and Swift code, should be entered. The funds can now be transferred online from the remitter's savings account.
Step 6: Select your location to process your order
Step 7: Review your order details before proceeding. You can then make a payment using NEFT/RTGS or Net Banking.
Step 8: The Order Confirmation summary will be sent to you. The only thing you need to do now is check the remittance application form sent to your registered email address and submit it to us digitally. Once the remittance is processed by the partner bank, you will receive a SWIFT acknowledgement.
Benefits of choosing a fully online remittance process on BookMyForex?
Online Order Booking Ease:
There is no need to go to the bank to send money to Thailand since you can do it from the comfort of your home. Our process is simple and efficient and all you need to do is to place an order online.
Savings on Every Transfer You Make:
In most cases, banks will charge you much more than BookMyForex does! With BookMyForex, you can save up to 2-3% when you book an online remittance order.
Students Can Enjoy Attractive Discounts:
As part of the “BookMyForex Student Offer”, we provide exclusive discounts and offers to students studying abroad. Thus, students will be able to receive attractive discounts/cashback on wire transfers for their tuition fees.
Trust That Matters:
At BookMyForex, we aim to offer a secure and seamless experience to our customers. We process the remittances via trusted and authorized banks. You will also be kept apprised of the progress until the beneficiary receives the remittance from India.
Book Now Pay Later Option:
With "Book Now and Pay Later", customers can make full payment or lock rates for up to 3 days by paying a refundable deposit of 2%. When currency rates are volatile, this service is especially useful. We aim to provide our customers with complete transparency, the best value, fast service, peace of mind, and complete trust of 3 lac+ customers.
Fastest Money Transfer:
With BookMyForex, we like to keep things quick and secure. Transferring money to Thailand is easy and fast with BookMyForex. We process all transfers within 12-48 working hours of receiving the funds and documents.
24*7 Booking Option:
Live and transparent transfer rates are displayed 24x7, so you can place an order whenever it is convenient for you. We strive to answer all your questions as quickly as possible, and our support team is just a phone call or email away. You will also receive rate alerts when your desired rate becomes available.
Transfer Money to 150+ Countries:
It is now easier to transfer funds from India to any foreign country including Thailand. With BookMyForex, you can transfer money to 150+ countries at live exchange rates.
Factors to consider when sending money from India to Thailand
Besides making financial transactions convenient, wire transfers save customers enormous amounts of money. Nevertheless, when sending money from India to Thailand, you should consider the following factors:
1. You should choose a service provider that offers transparent rates and only processes remittances through authorized banks. At BookMyForex, we offer attractive discounts on money transfers with no hidden charges and the remittances are carried out only through trusted banks in India.
2. You will be charged a transfer fee when you are transferring money from to Thailand. At BookMyForex, we charge a minimal transfer fee of Rs. 225 + GST for money transfers. In addition, you will need to pay TCS (if applicable for transfers above Rs. 7 lakhs in a financial year).
3. You want to choose a service provider that has great customer support to guide you throughout the money transfer process. At BookMyForex, we are there to guide you throughout the money transfer process or help you if something goes wrong.
4. Exchange rate is another important factor that you need to take into consideration. With BookMyForex, you can send money abroad to 150+ countries at live exchange rates. To put it simply, we offer the best exchange rate for money transfer to Thailand.
