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Top 3 Money Transfer Providers for Canada to Thailand

Provider Amount To Send Fee Exchange Rate Speed
OFX (prev. CanadianForex) OFX (prev. CanadianForex) CAD $10,000.00 No Fee 26.2099 1-3 days more...
TorFX TorFX CAD $10,000.00 No Fee 26.2364 1-3 days more...
Smart Currency Exchange Smart Currency Exchange CAD $10,000.00 No Fee 26.1703 1-3 days more...
FXcompared Country Guides
Canada has no foreign exchange controls, making overseas money transfers to Canada or sending money from Canada simple Read More
There are no limits on the amount of money that can be transferred to Thailand or the amount of money that can be sent from Thailand Read More

Send money from Canada to Thailand

Top 7 Money Transfer Providers

Latest prices for transferring money from Canada to Thailand
Exchange Rates as of 19 July 2024, 03:40

OFX (prev. CanadianForex)

Est. 1998

OFX provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates.

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Amount Received
THB ฿262,099.49
CAD $162.45
saved vs. banks


Est. 2004

Excellent exchange rates | No transfer fees | Thousands of 5 star reviews 

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FXcompared Rating
Amount Received
THB ฿262,363.83
CAD $172.45
saved vs. banks

Smart Currency Exchange

Est. 2004
Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
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Amount Received
THB ฿261,702.97
CAD $147.45
saved vs. banks

Currencies Direct

Est. 1996

Great exchange rates | Specialist services | No added fees, 24/7 transfers | Safe and secure

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Amount Received
THB ฿262,363.83
CAD $172.45
saved vs. banks


Est. 1979

One-off payments | Regular payments | Great rates | Safeguarded customer funds

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Amount Received
THB ฿258,107.85
CAD $11.45
saved vs. banks


Est. 2005

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

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FXcompared Rating
Amount Received
THB ฿261,967.31
CAD $157.45
saved vs. banks

Average Canadian Bank

Est. 1800

Average of the top Canadian Banks costs as compiled by our own FXC Intelligence group. For more details on how the bank price comparisons are calculated for Bank of Montreal, CIBC, Royal Bank of Canada, Scotia Bank Canada, Toronto Dominion Bank, see our IMTI page.

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Amount Received
THB ฿257,446.99
No saving vs. banks

How to Transfer Money from Canada to Thailand

Canada to Thailand Guide


Canada and Thailand share strong ties in trade, investment and tourism, requiring high levels of foreign exchange conversions. There are no restrictions for Canadians who want to transfer money from Canada to Thailand. Thailand is a popular tourist destination for Canadians with a small number of Canadians choosing to reside there.

Visas, work permits and residency

Over 5,000 Canadian citizens currently reside in Thailand, and approximately 230,000 Canadian tourists visited Thailand in 2013, an increase of 5% from 2012. Canadian citizens do not need a visa to visit Thailand if they have a valid passport, with at least six months remaining before expiration, and a confirmed airline ticket that leaves Thailand within 30 days. If planning to stay longer than 30 days, a tourist visa is required.

Canadian citizens who wish to apply for permanent residency in Thailand must meet a number of requirements before it can be granted. A current non-immigrant visa is required at the time of application, and the holder must have had this visa for at least three years. Canadian citizens seeking permanent residency in Thailand must also meet one of the categories for residency, which can be based on type of work, investment, humanitarian or academic reasons. For more information on permanent residency, please visit the Thai Embassy website.

Once an application for permanent residency has been approved, the applicant must register at their district administrative office, also known as “Amphur” offices, and obtain a house card to receive their residence certificate. After the residence certificate is received they can register and apply for an alien book at the local police station. Re-registration is required each year for foreign residents.

Buying property in Thailand

There are no restrictions on land ownership by foreigners, though there are quotas for foreign-owned condominiums, the most common type of real estate purchase in Thailand. This quota limits the total purchase of condos by foreigners in a building to 49%. To purchase a condo, international buyers are free to transfer money to Thailand either through a Thai bank account or an escrow account in the name of the attorney managing the purchase. Transfer documents must show that the currency transfer will be used for the purchase of the condominium.

Canadian citizens who wish to lease land can enter into a leasehold, a type of land lease purchase. Land leases are available for a maximum time period of 30 years. If leasing land or property for at least three years, the agreement must be registered with the Thai Department of Lands, and land taxes will be assessed on the property. Canadian citizens who wish to buy land in Thailand may do so, though there are a number of conditions that must be met before the transaction can be approved. The buyer must bring a minimum amount of money into Thailand for investment purposes, and must be granted permission from the Thai Ministry of Interior.


Canadian residents living abroad must declare their earnings and file tax forms annually. They must pay Canadian taxes on any earned income they receive while working in Thailand. However, Canada and Thailand have signed a bilateral tax treaty that will offset taxes paid in one country, to avoid double taxation.


Canadian citizens who are at least 18 years old can vote in a Canadian Federal Election no matter where they are in the world. However, citizens are only permitted to vote abroad for the first five years after leaving Canada. To renew an expired voting status after five years, citizens must return and resume residency within Canada before being permitted to vote again in Canadian Federal Elections.

Studying in Thailand

There are a number of long-standing cooperation agreements between Canadian universities and Thai academic institutions. Canadian citizens planning to study full-time in Thailand can apply for a one-year non-immigrant education visa. Canadian students must be at least twelve years of age and are eligible to enroll for a six-month, nine-month, or one-year course. Canadian students may make unrestricted international money transfers to Thailand to help cover the costs of their studies.


Thailand has three types of health services: government-run healthcare, non-profit health organizations and private medical services. Canadian citizens living in Thailand are not covered by any of the government-funded healthcare services. If working in Thailand, Canadians will generally be covered by their employers’ healthcare plan. Those Canadians not working should take out a private healthcare plan. If traveling in Thailand, obtaining travel insurance before entering the country is advisable.

Importing from Thailand to Canada

Canada and Thailand work closely together on a number of international alliances and agreements, including the Association of Southeast Asian Nations (ASEAN), the Asia-Pacific Economic Cooperation (APEC) and the ASEAN Regional Forum, which focuses on security issues throughout the Asian region. They are also partners in the World Trade Organization (WTO). In 2012, the prime ministers of both countries announced the launch of formal discussions for a Canada-Thailand Free Trade Agreement, with the goal of increasing investment opportunities and exports between the two countries. Currently, Thailand is Canada’s second-largest trading partner in Southeast Asia, with two-way trade topping $3.5 billion in 2013.

Frequently Asked Questions

Are the money transfer companies shown above safe to use?

Yes, all the companies are safe and fully-regulated money transfer services. Each are authorised and regulated by the relevant authority such as the Financial Conduct Authority(FCA) in the UK, FinCEN in the US, FinTRAC in Canada or ASIC in Australia.

How long does an international money transfer take?

The speed of delivery will depend on where the money is being from and to and how you are sending and receiving the money. Transfers sent using bank to bank transfers can depend take anywhere from minutes to days and you should check the time estimates from the relevant provider. Debit and credit card payments sometimes allow for faster transfers for smaller amounts.

How do I use FXcompared?

First review the comparison results (such as for a table above) for a given amount of money sending from Canada to Thailand. Then select a provider based on factors such as price, speed, their rating and click the green button to be taken to their website. From there, you can register and sign up for an account. Once you have done that and the provider has verified your identity to ensure the money can be send safely, you will be ready to transfer money.

What payments methods can I use to send money overseas?

The results shown above are typically for bank to bank transfers. It is possible via some providers to pay in your funds for the transfer via cash, debit or credit cards as well but this is usually reserved for smaller amounts. Some providers also give you different options for how the money will be received - to a bank account (most common), to a debit card, to cash or to a digital or mobile wallet.

What if the price shown above isn’t exactly what I am offered when I try to transfer money?

There can be a number of reasons why the final price you are offered may be different to that shown in the table above. Exchange rates between two currencies change all the time and is the most common reason. Additionally, some providers offer different pricing depending what method you are using to send funds or how the funds will be received. Others may offer you a premium service for faster payments. In some cases FXcompared has a special rate with a provider and this is reserved for first time customers who sign up to the provider starting from FXcompared’s website. As prices do change often, be sure to confirm the total cost with the provider before transferring money.

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All the providers listed are regulated by the relevant authority (e.g. the FCA in the UK, FinCEN in the US, ASIC in Australia) and have been vetted by FXcompared. is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.