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New! International money transfer via the SCB EASY App offers more convenient, faster, cheaper, and savvier with Blockchain technology via RippleNet.

 

International money transfer via the SCB EASY App offers more convenient, faster, cheaper, and savvier!

More convenient

Download the app and it’s ready to use 24/7 anywhere. No need to go to branch, reduced paperwork, no supporting documents required, and receive notification upon fund availability in the recipient’s account.

Faster

Powered by Blockchain technology via RippleNet, a recipient is able to receive fund, depending on the remittance system at the destination country.

COUNTRY CURRENCY ESTIMATED TRANSFER TIME
UK GBP Immediately to 1 business day
SG SGD Immediately to 1 business day
EU (Germany, France, etc.) EUR Immediately to 2 business days
USA USD Within 5 business days

Cheaper

  • Recipients receive full transferred amount for every transaction, no further deduction on destination bank.
  • Standard transaction fee at 399 THB per transaction
  • Available in 4 currencies: GBP, USD, EUR, and SGD and to 12 destination countries: the United Kingdom, the United States, Singapore, France, Germany, Italy, Spain, the Netherlands, Ireland, Austria, Belgium, and Portugal
  • For other currencies/destination countries, CLICK

Savvier

Better exchange rates and in-app notifications when funds are available in the recipient’s account.

 

Additional Information

  • Available only for Thai individuals holding an individual savings account
  • Available 24/7
  • Recipient’s individual bank accounts are accepted.
  • For recipient accounts in the U.K. and Singapore, real-time transactions are available 24/7.
  • For recipient accounts in the EU (Germany, France, Italy, Spain, the Netherlands, Ireland, Austria, Belgium, and Portugal), transactions are processed on business days, Monday – Friday between 9:00 am – 4:00 pm local time in the recipient’s country.
  • For recipient accounts in the USA, transactions are processed on business days and funds will be available in recipient accounts within 3 – 5 business days, depending on bank.
  • Transaction limit: THB 1.5 million /transaction, or THB 5 million/customer/month, or 20 transactions/customer/month.
  • No need for pre-registration or attachment of transaction slips
  • An e-slip will be automatically generated and saved on your mobile phone for every transaction and can be shared with the recipient for their reference.

Benefits for remittance via the SCB EASY App

  • Standard transaction fee at 399 THB per transaction
  • Recipients get the full transferred amount for every transaction to any country.
  • Quick fund availability in the recipient’s account
  • In-app notifications when funds are available in the recipient’s account.
  • Formal e-mail notifications when funds are available in the recipient’s account.

Get remittance information ready

For a quick and smooth transaction, we recommend customers to prepare the following international money transfer information:

COUNTRY Recipient’s account information DESTINATION BANK INFORMATION
UK Account Number
<8 digits>
e.g. 75278632
Sort Code
<6 digits>
e.g. 750027
EU (Germany, France, etc.) IBAN

e.g. DE74100110012620925193
SWIFT Code
<8 to 11 characters>
e.g. NTSBDEB1XXX
USA Account Number
<depending on each bank>
e.g. 001087263840
ACH Code (Routing Number)
<9 digits>
e.g. 121000358
Singapore Account Number
<depending on each bank>
e.g. 687194704001
SWIFT Code
<8 to 11 characters>
e.g. OCBCSGSGXXX

How to make an international money transfer transaction

 

 

1. Log in to SCB EASY App
     then select “Banking service”

2. Select “ International transfer”

3. Select “Bank account”

4. Select “Bank account” and “Destination country”

5. Input transferred amount
     either in THB or Destination currency,
      system will automatically
      calculate exchange rate and select “Proceed”

6. Input bank details, beneficiary’s
     details and address and select “Review”

7. Review information and select “confirm” to make
      a transaction

8. System provides an e-slip for
     proof of transaction

9. System will send out 2 notifications:
     • 1st notification: SCB is processing a transaction
     • 2nd notification: successfully transfer

 

 

What you should note:

  • Fund availability varies by time zone and business hours of the remittance system in the destination country.
  • Exchange rate for THB to foreign currencies can be either spot rate or forward rate as agreed with each bank.
  • This service is not available for international money transfer transactions that are not in compliance with the Bank of Thailand’s requirements.
  • SCB reserves the right to reject a transaction whereby a recipient is on the OFAC List or other lists of sanctioned parties.

 

 

Download SCB EASY App

                                   
Download the SCB EASY App at


 

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