Question 1

What's the best way to send money from Thailand to Sri Lanka?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Thailand to Sri Lanka. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Thai Baht to LKR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send THB to LKR in Sri Lanka. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Sri Lanka from Thailand. We provide you with maximum choices to send money to Sri Lanka by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for your money transfers from Thailand to Sri Lanka?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Sri Lanka from Thailand. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your THB to Sri Lankan Rupee money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Thailand to Sri Lanka corridor to give you more good choices for your next LKR money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way to send money from Thailand to Sri Lanka?

Accepted Answer

When you want to send money to Sri Lanka from Thailand, you obviously want the cheapest possible option to maximize the money your recipient gets in Sri Lankan Rupee. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your THB to LKR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Thailand to Sri Lanka. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Thailand to Sri Lanka exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Sri Lankan Rupee overseas.

Question 4

Should I use my bank to transfer money from Thailand to Sri Lanka?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Thailand to Sri Lanka. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the THB to LKR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Thailand bank for your Sri Lanka money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

How to send money to Sri Lanka from Thailand fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Thailand to Sri Lanka. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert THB to LKR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Thai Baht amount reaching Sri Lanka. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Sri Lankan Rupee quickly to Sri Lanka, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

Which are the best money transfer companies to transfer money from Thailand to Sri Lanka?

Accepted Answer

Since the Thai Baht to Sri Lankan Rupee money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Thailand that may also be able to send money to Sri Lanka. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your THB to LKR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Sri Lanka gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Thailand to Sri Lanka transaction.

Question 7

Step by step guide to do a money transfer from Thailand to Sri Lanka

Accepted Answer

The first step to send money to Sri Lanka from Thailand is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your THB to LKR overseas funds transfer.

Click through to the provider's site and register an account.
Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
Add recipient information including their bank account in Sri Lanka if paying via ACH direct deposit or bank transfer.
Enter your sending amount, and initiate a transaction.
Pay for your transaction via your Thailand bank account or alternative methods like a debit card.
Sit back and relax, and see your money travel to Sri Lanka!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Thailand to Sri Lanka.

1 THB	9.49 LKR
5 THB	47.47 LKR
10 THB	94.95 LKR
25 THB	237.37 LKR
50 THB	474.74 LKR
100 THB	949.48 LKR
150 THB	1,424.22 LKR
200 THB	1,898.96 LKR
250 THB	2,373.70 LKR
300 THB	2,848.44 LKR
400 THB	3,797.92 LKR
500 THB	4,747.40 LKR
600 THB	5,696.88 LKR
700 THB	6,646.36 LKR
800 THB	7,595.84 LKR
1000 THB	9,494.80 LKR
1500 THB	14,242.20 LKR
2000 THB	18,989.60 LKR
2500 THB	23,737.00 LKR
3000 THB	28,484.40 LKR
4000 THB	37,979.20 LKR
5000 THB	47,474.00 LKR
10000 THB	94,948.00 LKR
15000 THB	142,422.00 LKR
20000 THB	189,896.00 LKR
30000 THB	284,844.00 LKR
40000 THB	379,792.00 LKR
50000 THB	474,740.00 LKR
100000 THB	949,480.00 LKR

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