1. Fee for Outward Remittance
Sender has 2 choices of fees
- In case of receiver in overseas will bear cost of overseas collection, the fee is THB 500 per transaction (sender charge)
- In case of sender will bear cost of overseas collection, the fee will be charged according to the currency (the fee can be asked at any BAAC’s branch counters throughout Thailand)

2. If the customer wants to transfer money to overseas, what do they need to do?
Sender needs to have the following information:
- SWIFT code of receiver bank
- Name and address of receiver bank
- account number*, account name and address of receiver
- currency and amount of transfer
- purpose of transfer
- document related to purpose
*Some countries requires special code for making fund transfer such as
- sending money to Europe, requires International Bank Account Number : IBAN
- sending money to USA, requires Routing Number or ABA Number
- sending money to Canada, requires Transit Number
- sending money to Australia, requires BSB Number

3. Do you need to provide document support purpose of transfer?
Bank of Thailand requires commercial banks to collect documents related to purpose of transfer to overseas from customers such as
- Payment for goods or service, requires Invoice, Proforma Invoice, Commercial Invoice
- Education expense, requires educational certificate, I-20, registration document, copy of student ID
- send money home of migrant workers, requires copy of passport, work permit, salary certificate
- family support, requires documents showing relative relationships, official certificate of residential, copy of passport, Work Permit or Citizen Card