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How Dutch senders fund people in Thailand
Europeans living long-term in Thailand and students at Thai universities receive support from home. Local bank payout isn't available on this route from Amsterdam, so Grey runs it Grey-to-Grey. Your recipient holds a free Grey account with a USD balance. You send to their GreyTag from the Netherlands.
The dollars arrive instantly and free. They spend by virtual card at Bumrungrad and Bangkok Hospital, AIT, Assumption University and Chulalongkorn and most merchants, or withdraw as stablecoin.
How sending to Thailand works
Sign up
You open Grey in the Netherlands with your passport or residence permit. Your recipient opens Grey in Thailand with their passport or local ID. Both take a few minutes.
Fund
Top up from ING, ABN AMRO, Rabobank, bunq or any Dutch bank. Or, if a client abroad pays you in dollars, send to Thailand from that balance and skip a conversion.
Send
Two steps: convert euros to dollars, then send to the recipient's GreyTag. The second step is free and lands in Bangkok in seconds.
What this route costs
Card payments in Bangkok convert at the point of sale. Your recipient sees the exact dollar amount deducted for each purchase, at Bumrungrad and Bangkok Hospital or a corner shop. You see the EUR cost of what you sent from Amsterdam.
Rate fixed at confirmation
The EUR to USD rate you accept in Amsterdam is the rate applied. Whatever happens afterwards, the dollar balance your recipient receives doesn't change.
For a monthly allowance in Bangkok, that means the same dollar figure every time.
Why a Grey-to-Grey transfer beats a wire here
A dollar wire from Amsterdam to a bank in Bangkok takes days, attracts a receiving fee, and then converts at the bank's rate. A GreyTag transfer lands in seconds, costs nothing, and your recipient spends dollars directly at Bumrungrad and Bangkok Hospital or anywhere else. For anyone living in Thailand on money from abroad, the card is the bank.
What your recipient gets in Thailand
Dollars in their own Grey account, instantly, sent from Amsterdam. They spend on a Grey virtual card at Bumrungrad and Bangkok Hospital, AIT, Assumption University and Chulalongkorn, shops, restaurants and online. They can also hold USD, EUR or GBP balances, or convert to USDC and withdraw to a wallet of their choice.
Grey virtual card
Rain Visa or Miden Mastercard, accepted across Bangkok and online.
Hold in dollars
Keep the balance in USD and spend as needed. No forced conversion.
Stablecoin withdrawal
Convert to USDC and withdraw to an external wallet when local cash is needed.
How to fund
Dutch senders fund by SEPA or iDEAL from ING, ABN AMRO, Rabobank or bunq. The euro balance waits on Grey until the transfer is due. Convert to dollars, then the GreyTag step to Bangkok is free.
From ING, ABN AMRO, Rabobank, bunq or any Dutch bank
euros credited in minutes.
From abroad
USD, EUR or GBP straight to USD.
From Grey
GreyTag balances are ready to send to Thailand immediately.
A monthly allowance to Bangkok is simplest with a standing balance and the recipient's GreyTag saved.
Who sends from the Netherlands to Thailand
Travellers
Topping up your own Grey card before a trip so you spend dollars, not a marked-up local card.
Students
Allowances for students at AIT, Assumption, Chulalongkorn and Mahidol, spent by card.
Medical patients
Family topping up a relative's Grey balance during treatment in Bangkok.
Long-stay residents
Remote workers, retirees and teachers living in Thailand on income from abroad.
The Netherlands has settled Ghanaian, Cameroonian, Turkish and Indonesian communities, and Dutch firms hire globally. On this route it's mostly people supporting someone who's physically in Bangkok: students at AIT, Assumption University and Chulalongkorn, patients, posted staff and long-stay residents. All of them can hold a Grey account there.
Why Grey for the Netherlands to Thailand
Thailand isn't a bank-payout corridor for Grey, from Amsterdam or anywhere else. It's a Grey-to-Grey corridor, and for students at AIT, Assumption University and Chulalongkorn, patients and posted staff in Bangkok that's the faster, cheaper option anyway.
Rate and fee shown before you convert in Amsterdam. Dollars land in your recipient's Grey account in Bangkok instantly. No local bank payout on this route.
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