Send Money from Thailand to India
Rupees reach India from a US dollar balance held in Grey, with the conversion made before the money leaves. Indians living and working in Thailand on dollar income send the bulk of it, alongside freelancers billing overseas clients and Thai-based companies paying Indian contractors. The money lands either as an ordinary bank credit at SBI, HDFC Bank, ICICI Bank and the rest, or straight into a UPI ID.
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Dollars in Thailand paid out as rupees in India
This route belongs to people in Thailand whose income is denominated in US dollars. Indian professionals in Bangkok and Phuket paid by employers abroad, engineers and analysts on foreign payroll, freelancers invoicing agencies in other countries, and the wider community of African and international graduates who earn in dollars all fund their Grey account the same way and convert only at the point of sending.
India can be paid two ways, and the right one depends on the recipient. For a bank credit, you give the account number and the branch IFSC code, and the rupees post to the account as an everyday domestic payment. For a household that already runs on UPI, the UPI ID on its own is enough, and the rupees show up in Google Pay, PhonePe or Paytm just as a payment from within India would.
Coverage is broad on either path. SBI, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and Kotak Mahindra Bank all receive rupees this way, along with most other Indian banks, so a recipient rarely has to open anything new in order to be paid.
How to send money to India from Thailand
Sign up
Download Grey, open an account from your phone and verify yourself with a passport or another accepted photo identity document. Grey Inc is registered with FinCEN, registered address 651 N Broad St, Suite 206, Middletown, DE 19709, United States.
Fund
The account is funded in US dollars and never in local currency. Lead Bank supplies the Grey USD account with US routing and account numbers, so employers, clients and platforms abroad can pay into it, and dollars can also be wired in from another bank. Rupees are bought from that dollar balance.
Send
Choose India, then enter either the account number with the branch IFSC code or the recipient’s UPI ID. Read the rupee amount, the rate and the fee on the confirmation screen before you approve it, and the rate holds from there.
What sending rupees to India costs
Fees are only half the picture on a dollar to rupee transfer. The other half is the exchange rate, and a provider advertising no fee at all can still return fewer rupees than one that charges openly, because the difference has simply moved into the rate.
Judge the rupee total and the question answers itself. Put an identical dollar amount through two services and compare what each says will reach the Indian account. Both the fee and the rate are already baked into that number.
The pattern of sending decides how much this matters. Money sent home every month, or school fees paid each term, multiplies a small difference in the rate many times over the course of a year.
Grey keeps the rate and the fee visible as separate figures rather than merging them. You can see which one is doing the work and decide whether to send now, send more at once, or wait.
How the US dollar to rupee rate is fixed
The rate applied to your transfer is the one showing when you confirm, not the one in force when the payment reaches India. The dollar moves against the rupee throughout the day, and fixing the rate at confirmation is what makes the rupee figure on screen the figure that is paid out.
Only one conversion stands between your balance and the Indian account. The money is already in dollars, so nothing has to be exchanged into dollars first, and a single rate and a single fee cover the whole transfer.
Seeing the rate separately matters more than it sounds. It lets you measure Grey against the market rate and against other providers on the same basis, rather than working backwards from a rupee total with the charges already folded in.
Grey set against an ordinary bank wire to India
A bank wire to India moves through correspondent banks before it reaches SBI, HDFC Bank or whichever bank holds the account. Each one can deduct a charge, the rupee amount is not fixed when you give the instruction, and the recipient has an international payment to deal with rather than a familiar credit.
Grey converts once and pays rupees into the account or the UPI ID directly. The recipient sees an ordinary domestic credit, and you saw the rupee figure before authorising it, which is the difference most senders notice first.
What your recipient in India receives
Rupees arrive in the account or wallet your recipient already uses. They do not open a Grey account, download an app or collect anything in person.
Bank accounts
Enter the account number with the branch IFSC code. SBI, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and Kotak Mahindra Bank are all reachable, as are most other Indian banks.
UPI
A UPI ID on its own is enough. The money reaches them in Google Pay, PhonePe or Paytm exactly as a domestic payment would, which suits a relative who prefers their phone to a passbook.
GreyTag
When the person you are paying also holds a Grey account, GreyTag moves the money between you instantly and without a fee, in any currency.
Funding a transfer to India
Rupees are bought from dollars already sitting in Grey, so funding sets the pace of everything that follows. With the balance in place, sending is the quick part.
Paid in by clients or employers
Share the Grey USD account details once and subsequent payments land on their own, which keeps a balance ready for the next transfer home.
Wired from another bank
Move dollars in from a dollar account in your own name elsewhere, using the routing and account numbers the app displays.
Already in Grey
Dollars held in the account are ready to convert whenever you open the app, with nothing to wait for before the rupees can go.
A standing balance is what makes monthly sending predictable. Fees, rent and household costs in India fall due on dates that have nothing to do with when a client pays an invoice, and holding dollars in advance keeps the two from colliding.
Who sends money from Thailand to India
Indians living in Thailand
Professionals, academics and hospitality staff in Bangkok, Chiang Mai and Phuket who are paid in dollars and support parents, siblings or school fees at home.
Freelancers and remote workers
Developers, writers and consultants based in Thailand who invoice clients abroad in dollars and send a share of each payment on to India.
Professionals on a foreign payroll
People living in Thailand but employed by a company in another country and paid in US dollars, moving part of that salary to an Indian account.
Businesses paying Indian contractors
Firms and agencies in Thailand paying Indian developers, studios and suppliers, often several accounts in one sitting on an agreed date.
Dollar income in Thailand is the common factor. Indians living in Thailand send the largest share, followed by freelancers and remote workers, professionals on foreign payroll, and businesses settling Indian contractors.
The best way to send money from Thailand to India
A global money app you can actually trust
Support answers from inside the app, alongside the transfer in question, so nothing has to be explained from scratch. Each payment to India keeps its rate, its fee and its rupee amount on record, which is what you want when a relative asks what was sent and when.
FAQs
What does it cost to send money from Thailand to India?
The rate and the fee appear together before you confirm. Compare the rupee total across providers, since that figure contains both charges.
How long does the money take to arrive in India?
Timing depends on the receiving bank or wallet. The status of your transfer stays visible in the app until the rupees are credited.
What details do I need to send to an Indian bank account?
The account number and the branch IFSC code. Both are on the recipient’s cheque book or in their banking app, so ask them to copy it.
Can I send to a UPI ID instead?
Yes. A UPI ID on its own is enough, and the rupees land in Google Pay, PhonePe or Paytm like a domestic payment.
Which Indian banks can receive the transfer?
SBI, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and Kotak Mahindra Bank, along with most other Indian banks.
How much can I send at once?
Your limit depends on the verification level of your Grey account and is shown in the app before you confirm the transfer.
Can I check where my transfer has reached?
Yes. Every transfer carries a status you can open at any time, from confirmation through to the rupee credit in India.
Is Grey safe for sending money to India?
Identity is verified at sign up, balances use bank-grade encryption, and Grey operates as a money services business registered in the United States.
How do I fund a transfer to India?
With US dollars: payments into your Lead Bank USD account, a dollar wire from another bank, or dollars already held in Grey.
Will there be a record of the transfer?
Each payment stays in your history with its rate, fee and rupee amount, which covers family record keeping and business reconciliation alike.
What if the account number or IFSC code is wrong?
Check both before you confirm. If a payment has already gone with incorrect details, raise it with support in the app straight away.
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