Making International Money Transfers in Thai Bahts
FTT Global offers a competitive exchange rate that is better than your bank’s rate. Plus, we offer a simple, speedy online service and our expert, friendly support team is here for you 24/7 should you need any help. Simply register today to instantly convert or transfer your money.
Sign ฿ / Code THB
Do you need to make or receive Thai Baht payments or transfer Thai Baht between accounts? We can help, and save you money.
About the Thai Baht
The Baht is the official currency of Thailand. The currency came into existence in 1897 and is subdivided into 100 Satang.
Thailand’s Currency Restrictions
Thailand has strict restrictions for import and export : no more than $20,000 or equivalent foreign currency can enter or exit Thailand without an official report being made to a Customs officer at a border port/airport upon entry or departure.
For the importing or exporting of Thai Baht, no more than ฿50,000 can enter without being reported to a Customs officer. For those traveling to Lao PDR, Myanmar, Cambodia, Malaysia, and Vietnam exported currency cannot exceed ฿500,000.
For many years, Thailand lacked even a basic currency system. During the reign of King Rama IV, remarkable efforts were made to formalize the system by standardizing factory-minted coins and officially issued paper currency. In 1857, Thailand was presented with its first minting machine by Queen Victoria of Britain and the Royal mint of Thailand was established. Later, in 1902 the currency was decimalized and the Satang was adopted as the subunit.
- Coins are issued in denominations of 25 and 50 Satang and ฿1, ฿2, ฿5, and ฿10. The banknotes are issued in denominations of ฿20, ฿50, ฿100, ฿500, ฿1000.
- The most popular Thailand Baht exchange rate is the THB to EUR rate.
Our most popular THB Money Transfers
At FTT Global we accommodate international money transfers in over 30 different foreign currencies. The Thai Baht is one of our most popular currency exchanges with the following transfers accounting for many of these trades.
- Thai Baht to Pounds Sterling
- Thai Baht to USA Dollar
- Thai Baht to Euro
- Thai Baht to Japanese Yen
- Thai Baht to Canadian Dollar
- Thai Baht to Singapore Dollar
- Thai Baht to New Zealand Dollar
- Thai Baht to Philippine Peso
- Thai Baht to Indian Rupees