How do I know the transfer option has the best rate?
Here at Exchange Rate IQ, we have sampled the best companies and highlighted their respective rates to help you make an informed decision concerning this.
USD to THB
Compare US Dollar to Thailand Baht For Sending Money to Thailand from USA
Sorry, we don't have results for the combination when sending money from USA to Thailand for sending amount $500. We are working hard to provide you best results from US Dollar to Thailand Baht so that you can compare exchange rates and fees and can take best decision and save fees for your money transfer.
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Mid Market Rate
Trustpilot reviews:
73854
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
34.8
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers
34.8
More Available Options
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Trustpilot reviews:
102334
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
Trustpilot reviews:
11755
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores.
About USD and THB
Thailand is a significant ally of the United States and thus there is a large number of remittances made yearly from US to Thailand. There were more than 72 thousand jobs recorded in US in 2015 due to exports made to Thailand. Moreover, many people in the US have friends and families living in Thailand. It is therefore vital that you learn the best way to send money to Thailand from US. With Exchange Rate IQ, you have everything you need to know.
The best way to send money from US to Thailand
Sending money from US to Thailand is nowadays available thanks to the current advancement in technology. You can now send money as long as you can access your smartphone. All you need to do is set up an account with various online money transfer companies like XE Money, OFX, and Remitly. It is also safe to say that these online money transfer options can provide the fastest way to send money from US to Thailand for you. Other benefits of online money transfer companies include:
- Excellent customer support system
- Easy to use
- Competitive exchange Rates
If you do not want to use these online services, you can opt for more direct services offered by providers like Western Union and Travelex who have their agents located all over Thailand. Your recipient can then receive his or her money directly from designated points in just a matter of minutes.
Sending money through the bank is also possible. You can easily send money from banks in the US directly to a bank account in Thailand. You can track the transfer to make sure that it reaches on time.
4 things to consider before sending money to Thailand from US
It is your responsibility to make sure that you get the most out of your transfer. You can consider the various attributes of different transfer agents in determining which ones have the qualities that you desire. Some of the things to look out before choosing service providers are:
- Transfer limits:
Some companies issue transfer limits to the amount of transfer you want to make. Ask whether you warrant a fee-free transfer on the amount of money you opt to send. You may want to take a look at XE Money for some of the best rates and fees on your transfers.
- Exchange Rate:
You have to look at the interbank rate and make sure that it is close to the transfer rate offered by the service provider. The closer they are, the more the value of your USD to THB hence the better the transfer option.
- Transfer speed:
Is the transfer option that you choose fast in relation to the fees charged? If so, then you should consider picking it depending on your level of urgency.
- Support system:
This is dependent on how simple to use your transfer option is. In case there are complex processes to be followed to set up and initiate your transfer, look for an option with a support system that is always there for you when you need it.
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