#banking · 1 month ago

Can I Use PayPal in Thailand as a Foreigner?

Can I Use PayPal in Thailand as a Foreigner? photo thailand

Imagine trying to get paid for your freelance work as a foreigner in Thailand, but you can’t link your PayPal account to your local bank. Or, picture this: you’re trying to send money to a friend back home, but PayPal isn’t cooperating. Don’t worry, I’ve got you covered! Read on to find out how to overcome PayPal hurdles in Thailand.

As a foreigner in Thailand, you might have encountered issues with using PayPal. The good news is that there are alternatives and workarounds. Let’s start with the basics.

What’s the issue with PayPal in Thailand?

As of December 15, foreigners in Thailand can no longer use PayPal. This has caused inconvenience for many expats who rely on PayPal for their freelance work or personal transactions.

Alternatives to PayPal in Thailand

Don’t worry, there are other options available. Here are a few:

  • Wise (formerly TransferWise): Wise is a popular alternative to PayPal for sending and receiving money internationally. It offers competitive exchange rates and lower fees compared to PayPal.
  • Xendpay: Xendpay is another option for sending money internationally. It offers competitive exchange rates and lower fees compared to PayPal.

How to link your Wise or Xendpay account to your Thai bank

Here’s a step-by-step guide to linking your Wise or Xendpay account to your Thai bank:

  1. Create a Wise or Xendpay account online.
  2. Verify your account by providing identification documents, such as your passport and ID card.
  3. Add your Thai bank account details to your Wise or Xendpay account.
  4. Transfer funds from your Wise or Xendpay account to your Thai bank account.

Tips and recommendations

  • Make sure to research and compare the fees and exchange rates of different services before choosing one.
  • Consider using a debit or credit card with no foreign transaction fees to fund your Wise or Xendpay account.
  • Keep in mind that some Thai banks may have restrictions on receiving international transfers, so it’s best to check with your bank before setting up your account.

Additional resources

By following these steps and tips, you should be able to overcome the issues with PayPal in Thailand and find a suitable alternative for your payment needs.

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