Payouts to Thailand
Pay Thai baht from USDT or USDC
Thailand has one of the highest levels of stablecoin-to-baht demand in Asia. XEROF pays THB to a bank account in Thailand from a USDT or USDC balance, business to business, business to consumer and consumer to business, up to THB 500,000 per payment.
How a payout to Thailand works
Larger amounts are split across several payments, each screened and confirmed on its own. The conversion is executed once in XEROF Online at the live rate; each payment is confirmed separately.
- Payout currency
- THB
- Paid to
- Bank account in Thailand
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- THB 500,000 per payment
- Rails
- Local bank transfer in THB
- Pricing
- Per corridor: the THB leg is quoted per payment on the confirmation
Who pays Thai baht this way
- A company paying a Thai supplier or manufacturer against an invoice.
- A business paying Thai contractors, designers or agencies to their own bank accounts.
- A property or service invoice in baht settled from a stablecoin treasury, within the per-payment limit.
Paying Thailand from Zug: timing and practicalities
Bangkok is five to six hours ahead of Zug. Baht payments confirmed before Swiss midday generally credit the same Thai banking day; those confirmed later credit the next. Thai banks observe a long list of Buddhist and royal holidays, so the calendar is worth checking before a deadline payment.
Thai account names are held in Thai script, but banks accept the romanised name on the passport or company registration, and that is the form XEROF uses on the instruction. Baht is not deliverable outside Thailand, so the beneficiary account must be onshore.
The four largest retail banks, Bangkok Bank, Kasikornbank, Siam Commercial Bank and Krungthai, receive the bulk of baht payouts, and each publishes its own cut-off for same-day crediting of inbound transfers. Manufacturing suppliers on the Eastern Seaboard and hospitality operators in Phuket and Chiang Mai are the typical trade beneficiaries.
What XEROF needs before the first payment
- Beneficiary name, bank and account number.
- The invoice or contract the payment settles.
- Purpose of payment where the receiving bank requires it, confirmed before the first payment.
A worked example in THB
- You send
- USDT 30,000 on ERC-20
- XEROF converts
- USD 30,000 equivalent at the live rate
- Beneficiary receives
- THB in payments of up to THB 500,000 each to the supplier's account
- Fees on this example
- Brokerage fee plus the quoted THB leg
Common questions
- What if my invoice is above THB 500,000?
- The receiving market caps each payment at THB 500,000. XEROF splits the amount into several payments to the same beneficiary, each with its own confirmation, from one conversion.
- Can an individual pay a Thai business?
- Yes. Consumer to business payments are supported in this corridor, after onboarding as a private client.
- What is the maximum for a THB payout to Thailand?
- THB 500,000 per payment, set by the receiving market.
Thailand: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Nearby corridors
- Payouts to SingaporePay Singapore suppliers, counterparties and invoices in SGD from a stablecoin balance.
- Payouts to AustraliaPay Australian suppliers, contractors and invoices from a stablecoin balance.
- Payouts to the PhilippinesPay contractors, suppliers and staff in the Philippines from a stablecoin balance.
Open a XEROF account to pay Thai baht in Thailand.