Lowest fees I've found so far! ACH transfer from your US bank to Bangkok Bank is now available. (US Bank to Thai Bank... not Thai Bank to US Bank)
Details below:
Holders of US bank accounts can save on fees for international funds transfers by transferring funds from the United States to Thailand via the US Automated Clearing House system (US ACH) and Bangkok Bank's New York branch.
By stipulating the 9-digit routing number for Bangkok Bank's New York branch (026008691) in your US transfer instruction, the funds will be transferred via the US ACH system directly to the receiver's Bangkok Bank account in Thailand, for a lower fee than most other international wire transfer services.
Benefits of the service
- Fees for funds transfers via the US ACH system and Bangkok Bank's New York branch are up to USD 20 lower than most other international wire transfer services in the US.
- You can make transfers directly online via the internet banking service provided by your own bank in the US.
- You will enjoy a better exchange rate because the USD amount will be converted to Thai Baht at the daily Bangkok Bank exchange rate in Thailand.
Who can use it?
The service is available for holders of US bank accounts transferring funds to recipients with a Bangkok Bank account in Thailand. It is particularly useful for:
- Making funds transfers via the internet banking services of US banks
- Receiving payments from US government agencies or private organizations (Direct Deposit service)
- Receiving E-Commerce payments from online payment service providers in the US
Fees:
Transferred Amount
Fee (USD)
Not more than USD 50.00Free
USD 50.01 - 100.003.00
USD 100.01 - 2,000.005.00
USD 2,000.01 - 50,000.0010.00
USD 50,000.01 or more20.00