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HOMESEND MONEY INTERNATIONALLYThailand
Send Money from Thailand to Denmark

Send Money from Thailand to Denmark

People in Thailand earning US dollars use this route to pay family, landlords, universities and contractors in Denmark. The payout is made in euro rather than krone, credited to a Danish IBAN at Danske Bank, Nordea Denmark, Jyske Bank or another Danish bank. If the recipient wants krone, their own bank converts the euro afterwards at its own rate.
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Send money to Denmark
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A dollar balance in Thailand, a euro credit on a Danish IBAN

The senders here are people in Thailand whose money is already in US dollars. Remote workers and freelancers in Bangkok billing clients abroad, expatriate professionals on foreign payroll, students with family ties in Denmark, and Thailand-based companies paying Danish suppliers or consultants all use the same path.

Grey starts from dollars you hold and nothing else. The USD account is provided by Lead Bank and comes with US routing and account numbers, so whoever pays you abroad can pay straight in. From that balance you convert to euro and release the transfer, with the rate and the fee visible before you confirm and the rate held once you do.

Note what lands at the other end, because it surprises people: the credit is in euro, not Danish krone. Danske Bank, Nordea Denmark, Jyske Bank and other Danish banks all accept it on an IBAN, which is the only recipient detail the transfer needs and which Danish account holders can read from a statement or a banking app. Holding on to the euro costs them nothing extra. Changing it into krone is a separate transaction at their own bank, priced by that bank, so it is worth agreeing between you in advance which of you expects that to happen.

How to send money to Denmark from Thailand

Grey foreign bank account in Ghana
Sign up
Create your Grey account in the app and pass identity verification with a passport or another accepted photo document. Grey Inc is registered with FinCEN, registered address 651 N Broad St, Suite 206, Middletown, DE 19709, United States.
Fund
The Lead Bank USD account in your app carries US routing and account numbers. Hand them to the client, employer or platform that pays you, or send dollars over from another bank where a dollar account is in your name. The euro is bought from that balance.
Send
Select Denmark and enter the recipient's Danish IBAN, which is all the routing detail required. Read the euro amount, the rate and the fee on the confirmation screen before you confirm, and the rate is held from that point.

What a transfer to Denmark costs

Two different things shape what arrives, and only one is called a fee. The other is the distance between the rate on your screen and the rate the market is trading at, and a provider can advertise free transfers while collecting handsomely in exactly that distance. The published charge on its own tells you very little.

Compare the euro figure instead. Run the same dollar amount through Grey and through whichever competitor you were weighing, and look at what each commits to paying into the Danish account. One number, already containing both the fee and the margin, decides it.

On this route there is a third cost to keep in view, and it is not Grey's. If the recipient converts the euro into krone, their bank sets that price. Ask them what their bank charges before you assume the euro figure is the end of the story, particularly on a large payment such as a deposit or a term of fees.

How the dollar to euro rate is fixed on a Danish transfer

Grey fixes the dollar to euro rate at the instant you confirm, and the euro amount shown on the confirmation screen is the amount credited to the Danish IBAN, whatever the market does next.

Only one conversion belongs to Grey on this route, from your dollars into euro. Because the dollars are already in your account there is no earlier swap to pay for, so a single rate and a single margin apply rather than two laid one over the other.

A second conversion may happen later, and it is outside Grey entirely. Should your recipient ask their bank to turn the euro into krone, that bank chooses the rate and the charge for it. Grey does not convert to krone and makes no claim about what a Danish bank will offer, which is the strongest reason to settle between you beforehand whether the euro is being kept or changed.

How Grey compares with an ordinary bank wire to Denmark

An ordinary wire to Denmark runs through correspondent banks, each applying its own cut-offs, business days and deductions, and the deductions often surface only when the recipient reports a shortfall. Grey works from a dollar balance you already hold and credits the Danish IBAN in euro, so the figure you confirmed is the figure the recipient should see.

The second difference is what you have to collect. A wire asks for intermediary banks and routing details; here the IBAN alone carries the payment. With the dollars funded beforehand, the euro credit usually lands within minutes, and the transfer stays visible in your app rather than disappearing into a chain of banks you cannot see.

What your recipient in Denmark sees

They are credited in euro at the Danish bank they already use. There is no Grey account to open, nothing to install and no counter to visit.

Which accounts receive it

Enter the Danish IBAN and nothing else. Danske Bank, Nordea Denmark, Jyske Bank and other Danish banks all take the credit on that identifier, which your recipient can read from a statement or their banking app.

How quickly it lands

Once the dollar balance is funded, the euro credit usually lands within minutes. What shows on the statement is euro, and krone appears only if the recipient later asks their own bank to convert it.

GreyTag

If the person you are paying also uses Grey, send to their GreyTag. Transfers between Grey users complete instantly and cost nothing, in any currency either of you holds.

How to fund a transfer to Denmark

The euro is bought with dollars already in your Grey account, so funding has to happen first and the method you pick sets how soon the Danish side can be paid.

Client and employer payments

Hand over the Grey USD account details a single time, and each payment afterwards lands in Grey with nothing more asked of you.

Dollar wire

Copy the routing and account numbers out of the app and wire dollars across from another bank holding a dollar account in your name.

Existing Grey balance

Dollars already held in Grey are ready to convert, so the euro can be released as soon as the rate suits you.
Keeping a working balance tends to beat funding each payment separately. Danish rent, tuition instalments and supplier invoices arrive on fixed dates, and client payments do not, so dollars standing ready in Grey mean the euro goes out against the deadline rather than against the day your money happens to clear.
Grey foreign bank account in Brazil.

Who sends money from Thailand to Denmark

Freelancers and remote workers

Designers, developers, writers and consultants living in Thailand who invoice abroad in dollars and settle Danish bills, fees or collaborators from the same balance.

Professionals on a foreign payroll

People resident in Thailand but employed elsewhere and paid in US dollars, moving part of that salary to accounts and obligations in Denmark.

Families and students

Senders in Bangkok, Chiang Mai and Phuket supporting relatives in Denmark or covering a student's rent and living costs there out of dollar income.

Businesses paying Danish suppliers

Companies based in Thailand settling Danish consultants, agencies and suppliers, usually against invoices with a dated payment term attached.

The route belongs to people and companies in Thailand holding US dollars. Freelancers and remote workers make up the largest share, alongside foreign-payroll professionals, people with family or study commitments in Denmark, and Thai-based businesses paying Danish suppliers.
Send money to Denmark

The best way to send money from Thailand to Denmark

If cost is what matters
Weigh the euro total, not the advertised charge, and ask what the recipient's bank would charge should they convert to krone. Grey separates rate from fee before you confirm so the comparison is a fair one.
If speed is what matters
Have the dollar balance funded before the deadline arrives. With dollars already in place the euro credit usually lands within minutes, which a correspondent wire will not promise.
If you need more than a transfer
Balances in USD, GBP, EUR and NGN sit in the same app, together with a virtual card for online spending. GreyTag passes money between Grey users instantly and without charge.
Registered with FinCEN
Grey Inc is registered with FinCEN, registered address 651 N Broad St, Suite 206, Middletown, DE 19709, United States. That registration is held in the United States and applies to the money transmission business operated from there.
Trusted by 3M+ users across 80+ countries.
More than eighty countries are served by Grey for payments in and out. Encryption of bank-grade strength protects what you hold, and each transfer can be followed in the app until it completes.

A global money app you can actually trust

Your balance is held behind bank-grade encryption, each payment is tracked from confirmation onwards, and support answers you in the app you sent from. If a euro credit to Denmark looks wrong, you raise it in that same place and follow the answer through to a resolution.
Open a free Grey account

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FAQs

How much does it cost to send money from Thailand to Denmark?
expand
Rate and fee are presented side by side before you confirm. Compare the euro total delivered rather than the headline charge a provider advertises.
How long does the money take to reach Denmark?
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Once your dollars are funded, the euro credit usually lands on the Danish account within minutes rather than hours or days.
Does the recipient get krone or euro?
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Euro. Grey does not convert into krone. Their own bank can change the euro afterwards, at its own rate and on its own terms.
What details do I need to send money to Denmark?
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The recipient's Danish IBAN, and nothing beyond it. They can read it from a bank statement or find it in their banking app.
Which banks in Denmark can receive the money?
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Danske Bank, Nordea Denmark and Jyske Bank are supported, along with other Danish banks that accept a credit on an IBAN.
Is there a limit on how much I can send?
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Your limits follow the level of verification on your account, and the app shows the amount available to you before you confirm.
Can I track the transfer after sending it?
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Yes. The payment shows in your Grey activity from the moment you confirm, with the status updated until the euro reaches the account.
Is it safe to send money to Denmark through Grey?
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Grey Inc is registered with FinCEN, verifies every account holder on signup, and protects balances with bank-grade encryption.
How do I get dollars into my Grey account?
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Three ways: client or employer payments to your Grey USD details, a dollar wire from another bank, or a balance you already hold.
Does my recipient in Denmark need a Grey account?
expand
No. A Danish bank account with an IBAN is enough. They receive the euro there without signing up to anything.
What if I enter the wrong IBAN?
expand
Tell Grey support in the app immediately. What can be recovered depends on the receiving bank, so check each character before confirming.
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Grey is a financial technology company, not a bank. Banking services are provided by licensed banking partners. Canadian services are offered by Grey Finance Inc with registered address at 1285 West Broadway Suite 600 Vancouver BC V6H 3X8. Canada. Grey Finance Inc. is regulated by FINTRAC. US services are offered by Grey Inc. with its registered address at 651 N Broad St, Suite 206 Middletown DE 19709 US. Grey Inc is regulated by FinCEN. Copyright © Grey Inc. [YEAR].