Thailand is a country located at Southeast Asia and is the 21st most populous country in the world. It is an emerging economy and is considered a newly industrialist country among its neighbours. Because of this, it receives millions every year from remittances from all across the world. Major countries which send remittances to Thailand are the USA, Germany, Malaysia, and Australia.
Thailand allows remittances in multiple currencies which include Thai Baht (THB), Lebanese Pound (LBP), US Dollar (USD) and Philippines Peso (PHP). This will help you in finding the best rates and cheapest way to send money to Thailand. Because if one currency is expensive, you can take another with low transfer fees and better exchange rates. You can explore the companies to transfer money to Thailand at Exchange Rate IQ.
Before making the final transaction, check the mid-market rates and make sure which company is closest to the rates. This will provide the best value of your money and also saves your time as well as energy.