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Guide to Sending THB

Updated over a month ago

What types of beneficiaries can I transfer THB to?

You can send THB payments to individual and business accounts in Thailand.

Payment Types

THB transfers are sent via local transfer.

Name Checks

  • Name verification is required for THB transfers.

  • The recipient name must exactly match the registered English name at the recipient bank.

Is there a limit on the amount I can send?

The maximum amount that you can send per transfer depends on the recipient's bank:

  • Bangkok Bank Public Company: THB 2,000,000 per transfer

  • Kasikorn Bank: THB 2,000,000 per transfer

  • Siam Commercial Bank: THB 2,499,999 per transfer

  • Other recipient banks: THB 500,000 per transfer

How long does it take for the funds to reach the beneficiary?

  • Cut-off Times: 24/7 processing

  • Delivery Estimate: Typically instant to 5 business days after currency conversion is completed

Note: Currency conversion can take up to 2 business days from the time your transfer is approved.

What will the sender's name be reflected as?

Your business name will be displayed as the sender on the recipient's bank statement.

What information should I include when sending THB transfers?

Recipient and Transfer Details:

When initiating the transfer in the Aspire app, Admin and Finance Users will be asked to provide:

  • Full recipient or business name:

    • Latin characters only (a-z)

    • 35 characters or less

  • Account number: 5-16 digits

  • Full recipient address

  • Transfer purpose: Required

Traces and Recalls

Trace and recall requests are not supported for THB transfers. Please verify all recipient details carefully before submitting your transfer.

Bounceback

If your transfer is rejected by the recipient's bank, the funds will be returned to your Aspire account within 2 business days.

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.

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