|Cash-out Method||Direct credit to bank account in Thai Baht (THB).|
Supported beneficiary account type – individual and company.
Supported sender type - Individual and company.
|Transaction Turnaround Time||· T+1 Thailand Banking day for transaction processed 5.00pm (Mon-Fri) GMT +7.|
· T+2 Thailand Banking day for transaction processed after 5.00pm (Mon- Fri) GMT +7.
· Transaction final status received T+1 or T+2 Thailand Banking day (subject to bank systems). For e.g. a transaction is processed at 11am GMT +7 on Day 1, and transactions is credited on next day (Day 2). However, Tranglo system will only transmit the final status on the following business day(s) (Day 2 or 3).
· Transaction sent on Saturday or Sunday or Public Holidays will be processed on the next banking day.
|Area availability||Thailand nationwide|
|Validation / Verification||No system validation on account available.|
|Amount received||Beneficiary received amount rounded to the nearest THB 1.|
|Transaction Limit||Maximum per Individual Payout Transaction THB 500,000.00|
Maximum per Business Payout Transaction THB 500,000.00 (beneficiary is an company)
Minimum per Transaction THB 10.00
Compliance accumulated limit THB 500,000.00 per day per Beneficiary
Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
|Maximum Beneficiary||No restriction|
|Service Charge||Transaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.|
|Cancellation Process||Cancellation is on best effort basis.|
|Remarks||Sender name must be in Roman Character only.|
|Do_Transfer bAccType Value||1|
|2||BANK OF AYUDHYA||6600003|
|3||CIMB Thai Bank Public Company Ltd||6600004|
|4||GOVERNMENT SAVING BANK||6600006|
|6||KRUNG THAI BANK||6600008|
|7||SIAM COMMERCIAL BANK||6600009|
|10||UNITED OVERSEA BANK (Thai) LTD||6600012|
|12||SUMITOMO MITSUI BANKING CORPORATION||6600017|
|13||STANDARD CHARTERED BANK (THAI)||6600018|
|14||HONG KONG & SHANGHAI CORPORATION LIMITED||6600022|
|15||MIZUHO CORPORATE BANK LIMITED||6600024|
|16||ISLAMIC BANK OF THAILAND||6600025|
|17||TISCO BANK PUBLIC COMPANY LIMITED||6600026|
|18||KIATNAKIN BANK PUBLIC COMPANY LIMITED||6600028|
|19||THE THAI CREDIT RETAIL BANK PUBLIC COMPANY LIMITED||6600030|
|20||AGRICULTURE & AGRICULTL COOP||6600001|
|21||GOVERNMENT HOUSING BANK||6600005|
|22||LAND AND HOUSES BANK PUBLIC COMPANY LIMITED||6600031|
|23||INDUSTRIAL AND COMMERCIAL BANK OF CHINA||6600032|