If you are a Thai with a loved one living abroad like a student at university, or if you are an expat living in Thailand with family and friends still back in your homeland, there are going to be times when you want to send money to them! Whether it’s to help out with the high cost of living or to celebrate a holiday with a monetary gift, you need a quick, easy, and most importantly inexpensive method of transfer! fortunately, there is now a way to do all of that!
The best way to go these days is with dee money, a digital money transfer service provider that provides an affordable alternative to other international wire services. The service is designed with the needs of the customer in mind. Dee Money is faster and smoother than expensive and impractical traditional processes. So far it is the only money platform that has authorisation to wire and exchange Thai Baht over the Internet or in cash!
The Bangkok-based FinTech acquired special licenses from the Bank of Thailand in 2017 to become the first company ever able to act as a local non-bank international remittance platform. Two years after its inception, the company’s global wire transfers and money exchange services, available in 34 currencies, are expanding! Dee Money had the foresight to take advantage of the rapid growth and adoption of mobile devices and their attendant services to create an innovative mobile platform that makes global e-payments easy. The users can send money all over the world from wherever they are at any time of day.
Dee Money is fully licensed to operate its own complete suite of money services that include money transfers, currency exchanges, and e-payment. Dee Money challenges the international remittance market by providing a variety of international transfer options!
You can use Dee Money to send cash from its outlets to partnered branches around the world, or simply make a convenient online transfer using the Dee Money app which is available on iOS and Android which makes it easy to use the service whenever you need to.
Anyone can join Dee Money by registering on their website. Unlike the local banks in Thailand, there is no work permit or visa restrictions on becoming a member, anyone can sign up with just one valid identification document to get started which can be a passport of any nationality, a Thai driver’s license, or an official Thai ID card. Once you submit your contact details via the website’s form they will contact you shortly to finalise the process!
It is important to note that unlike some money transfer services your recipient will not have to pay any fees to collect their cash from partnered money shops, or the funds can be deposited directly into their bank account. The transaction is completely free of any surprises or hidden charges, so your recipient will get the full transfer amount that you sent them! Dee Money is regulated by the Bank of Thailand.
It generally takes one or two business days to complete Dee Money international payments depending on the country the recipient is residing in. Dee Money has thousands of members and is still growing, give it a try!
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