How to Send Money From Australia to Thailand

How the transfer reaches a Thai bank account

Specialist providers such as Wise pay THB directly into individual and business bank accounts in Thailand. Wise's published guide asks for the recipient's full name, address, bank name, email address, a 5–16 digit bank account number, and the purpose of the transfer (wise.com/help, fetched September 2026). Thailand's baht is on OFX's list of supported currencies, and WorldRemit publishes its own dedicated Thailand transfer page — both fetched September 2026, confirming the corridor is served by more than one specialist provider. An Australian bank instead routes the payment as a SWIFT wire.

Which Thai bank the recipient uses matters

Wise's published per-transfer maximums vary by the recipient's bank: up to 2,000,000 THB for Bangkok Bank or Kasikorn Bank, up to 1,499,999 THB for Siam Commercial Bank, and up to 500,000 THB for its other supported recipient banks (which include Bank For Agriculture And Agricultural Cooperatives, Bank Of Ayudhya/Krungsri, CIMB Thai, Citibank, The Government Savings Bank, Krung Thai Bank, and Kiatnakin Phatra Bank). The minimum transfer is 1 THB, and there's no limit on how many separate transfers you can send (wise.com/help, fetched September 2026). Wise also lists a set of Thai banks it stopped supporting from 6 May 2025 due to a Thai payment-system upgrade, including TMBThanachart, Standard Chartered, HSBC, Deutsche Bank and several others — worth checking directly if the recipient's bank isn't one of the currently supported names.

Speed

Wise's guide states transfers to Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, CIMB Thai, Bank Of Ayudhya (Krungsri) or Kiatnakin Phatra Bank are usually instant, while a transfer to Bangkok Bank may take up to 24 hours or more (wise.com/help, fetched September 2026). A bank SWIFT wire typically takes longer, on the order of several business days, and is processed differently to a local-rail payment like the ones above.

The Confirmation Letter of International Fund Transfer

If the recipient needs to prove the money came from overseas — for example, when buying a condominium in Thailand, which under Thai law requires the funds to be shown as remitted from abroad — they'll typically need a Confirmation Letter of International Fund Transfer from their own bank, not from the sending provider. Wise's guide explains that because it uses local Thai banking partners to complete THB payments rather than sending the funds across the border itself, it isn't authorised by the Bank of Thailand to issue this letter directly; the recipient requests it from their own bank (Bangkok Bank, Kasikorn Bank and Siam Commercial Bank each have their own documented process) using their transfer receipt as evidence of the transaction (wise.com/help, fetched September 2026). If this letter is essential, a SWIFT transfer that visibly crosses the border may be a more reliable way to obtain it than a local-rail payment.

Fees, the exchange rate, and AUSTRAC

An Australian bank publishes its own SWIFT fee and states how it sets the AUD/THB exchange rate on its transfer page — check the current figure directly. A specialist provider quotes both the fee and the rate at the time you set up the transfer. Every transfer your bank or provider sends is reported to AUSTRAC automatically as an international funds transfer instruction, whatever the amount — this is the institution's obligation, not a step you take, and the AUD 10,000 figure some people cite online applies to physical cash, not to an electronic transfer.

Common mistakes

Assuming every Thai bank accepts the same maximum transfer size — the per-transfer ceiling can be four times lower depending on the recipient's bank.

Needing proof the funds came from overseas after the transfer has already been sent through a local-rail payment, rather than checking with the recipient's bank in advance about what documentation a purpose like a condominium purchase requires.

Sending to a bank that stopped being supported by a provider's local Thai payment rail — check the recipient's bank against the provider's current supported list before sending, rather than assuming last year's list still applies.

Is there a limit on how much I can send to Thailand?

Australia has no outbound cap. Specialist providers set their own per-transfer ceilings that vary by the recipient's Thai bank — Wise, for example, publishes limits from 500,000 THB up to 2,000,000 THB depending on the bank (wise.com/help, September 2026).

How long does a transfer to Thailand take?

Wise's published guide says transfers to most of its supported banks are instant, while Bangkok Bank can take up to 24 hours or more (wise.com/help, September 2026). A bank SWIFT wire typically takes several business days.

I'm buying property in Thailand — do I need special documentation for the transfer?

Foreign buyers of Thai condominiums typically need to show the purchase funds were remitted from overseas, usually via a Confirmation Letter of International Fund Transfer issued by the recipient's Thai bank. Ask the recipient's bank what they require before sending, since the process differs by bank.

Which Thai banks can receive a transfer from a specialist provider?

Wise's currently supported list includes Bangkok Bank, Kasikorn Bank, Siam Commercial Bank, Bank For Agriculture And Agricultural Cooperatives, Bank Of Ayudhya (Krungsri), CIMB Thai, Citibank, The Government Savings Bank, Krung Thai Bank and Kiatnakin Phatra Bank (wise.com/help, September 2026); check the provider's current list before sending, since supported banks can change.

Do I need to report a transfer to Thailand to AUSTRAC myself?

No. Your bank or provider reports every international transfer automatically, regardless of amount. The AUD 10,000 figure some people mention online is a cash-only rule and doesn't apply to an electronic transfer.