How to Send Money From Thailand to South Africa
Sending money from Thailand to South Africa can be done through banks, international remittance services, or fintech apps. However, these traditional options often involve high fees, slow processing times, and poor exchange rates.
VALR Pay offers a modern alternative—enabling you to transfer funds instantly and fee-free using stablecoins like USDC, USDT, or EURC. It’s a faster, smarter, and more cost-effective way to send money across borders.
5 Ways to Transfer Money From Thailand to South Africa
1. Bank Transfers
Banks in Thailand such as Bangkok Bank, Siam Commercial Bank, and Kasikornbank allow you to send international transfers to South African banks. While secure, SWIFT transfers can take several business days and often include high fees, complex paperwork, and non-competitive exchange rates.
2. Money Transfer Services
Providers like Western Union, MoneyGram, and Remitly let you send money from Thailand to South Africa. While these services offer convenience, fees can quickly add up—especially for instant or cash pick-up options. In some cases, the recipient will need to visit a physical location to collect the funds.
3. Foreign Exchange Brokers
Specialist services like OFX, Sable International, and Exchange4Free can sometimes offer better exchange rates than banks. However, these transfers can still take time to process, and the sign-up process may involve detailed verification and KYC (Know Your Customer) documentation.
4. Fintech Apps and E-wallets
Apps like Wise (formerly TransferWise) and PayPal support international transfers from Thailand to South Africa. While easy to use, these platforms typically charge multiple fees, including transaction fees, currency conversion costs, and withdrawal fees. Both sender and recipient might also need accounts on the same platform.
5. VALR Pay (Crypto Transfers)
VALR Pay enables you to send stablecoins like USDT, USDC, or EURC directly from your VALR account to someone in South Africa—instantly and without any fees. Once received, the funds can be held, spent, or exchanged for South African rand (ZAR) through local crypto exchanges such as VALR.
How to Send Money From Thailand to South Africa With VALR Pay
Sending money with VALR Pay is fast, secure, and simple. Here’s how:
1. Sign in to VALR
Visit valr.com or download the VALR app on your smartphone (iOS or Android). Click “Get Started” to create your free account, or log in if you already have one.
2. Navigate to VALR Pay
Once you’re logged in, go to the "VALR Pay" section and select “Pay” to begin the transfer process.
3. Choose the asset and amount to transfer
Make sure your VALR account is funded with the cryptocurrency you’d like to send. Choose a stablecoin like USDC, USDT, or EURC, then enter the amount you want to send. Stablecoins are ideal for cross-border transfers as they offer price stability.
4. Enter recipient’s details
Input the recipient’s phone number, email address, or VALR Pay ID. You can also include an optional note or choose to send anonymously for added privacy.
5. Complete the transaction
Double-check the transaction details and select “Pay now.” The transfer will go through instantly—no waiting, no fees.
Send Money from Thailand to South Africa the Smart Way With VALR Pay
Enjoy the convenience of instant, borderless transfers without high costs or lengthy delays.
Sign up today and start sending money from Thailand to South Africa, the smarter way.
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
