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Ways to send money from India to Thailand
The best rated provider for transfers from India to Thailand | Wise |
Total number of INR - THB providers | 2 |
Average cheapest provider for transfers to Thailand from India | Wise |
Average cost of the cheapest transfer from India to Thailand | ₹8,964.27 |
Best for bank transfers from India to Thailand | Wise |
Best for debit card transfers from India to Thailand | |
Best for credit card transfers from India to Thailand |
You can always compare rates and fees based on your transfer amount and payment options when sending money.
The best way to send money from India to Thailand
Wise is the best way to send money to Thailand from India. This is based on cost, speed, and how easy it is to use.
We analyzed 2 providers that allow INR to THB transfers. Wise emerged as the best option in 100% of searches.
How to send money from India to Thailand
Follow these steps to send money between India and Thailand
Choose your provider. Register with the provider of your choice by clicking on the link above.
Enter your details. Enter your details and provide any of the documents needed.
Start your transfer. Tell your provider that you'd like to send money from India to Thailand, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.
Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from India to Thailand once it's been sent. Make sure all the details are correct before you submit.
Send the money. When you've checked the details, you can make the transfer.
The cheapest way to send money from India to Thailand
The cheapest way to send money from India to Thailand is Wise. On average, transfers from India to Thailand with Wise cost ₹8,964.27, making them 0.97 cheaper than their nearest competitor.
Wise has been the cheapest way to send money from India to Thailand for the last three months, on average.
Just to make you aware, bank transfer was the cheapest payment method.
The current mid-market rate between INR and THB is 0.3645. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged 0% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.
Note: The cheapest way to send money isn't always the fastest
Wise is the cheapest way to send money from India to Thailand, but make sure the timeframes work for you.
How the cost of sending money to Thailand from India is calculated
The cost of sending money from India to India depends on several things, including:
The mid-market rate
The current mid-market rate between INR and THB is 0.3645. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged 0% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.
The markup and fee
Providers will often charge a markup on the rate, fees, or both, for transfers between Thailand and Thailand. This is why Regency FX is listed as our cheapest option - they offer the best combination of Indian Rupee to Baht rates (-0.01) and fees (8,964.27).
Bank transfers from India to Thailand
Bank transfers are the most common way of sending INR to Thailand as they are secure, reliable, and convenient.
If you want to send Indian Rupees to Thailand via bank transfer, Wise has been the top rated provider in our comparison system for the last three months, recommended 100% of the time.
That’s because companies like Wise bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, Wise's transaction fees for Indian Rupees into Thailand have averaged at 8,964.27 for the last three months. This is significantly lower than the fees charged by banks.
Finding the best exchange rate for INR to THB
The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many THBs you can get for your INRs. The average Indian Rupee to Baht mid-market rate over the last month was 0.3645, with a low of 0.3614 and a high of 0.3663.
For comparison, the best exchange rate for INR to THB right now is through Wise, at a difference of -0.01%.
How we find the best transfer deals from India to Thailand
We’ve compared the cost, speed, and product offering of the top money transfer services (including Wise) available between Thailand and India. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.
We also produce unbiased, detailed reviews of all the top money transfer companies for sending Indian Rupee to Thailand, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.
Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.
Check your provider is regulated
You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.
Remember: We will only ever recommend regulated financial institutions.
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