Sending money from Germany to Thailand: the payments stack

By Polynopsis team · Last updated 29 October 2026

What it costs to send EUR 140

The World Bank surveyed 21 services sending from Germany to Thailand from 8 August 2025 to 22 August 2025. The average total cost, fees plus the FX margin, was 6.65% of the amount sent; money transfer operators averaged 3.9% and banks 18.34%. source

Bank and operator averages are worked out from the survey's provider types.

The send side: Germany

• PSD2 sets initial capital for payment institutions at 20,000 euros for money remittance only, 50,000 euros for payment initiation and 125,000 euros for the services in points 1 to 5 of Annex I (Article 7). source
• An e-money institution must hold initial capital of at least 350,000 euros at authorisation (EMD2, Article 4). source
• A payment institution that wants to provide services in another Member State for the first time notifies its home competent authority of the Member States, the services and any agents or branches it will use (PSD2, Article 28); agents are entered in the home register before they start (Article 19). source

Licences, sponsor banks, collections, ramps and KYC providers: sending from the Eurozone.

The payout side: Thailand

Licensing, local banks, stablecoin ramps, FX and KYC in Thailand: launching payments in Thailand.

Payout rails in Thailand

Holiday gaps to plan for, to December 2027

Weekdays when one side of the corridor is closed. On the 3 dates when Germany is closed and Thailand is open, the payout balance has to already hold enough to cover them. On the 20 dates when Thailand is closed, instant rails may still pay out.

Full calendars: Euro area (TARGET2/T2 and SEPA) and Thailand. Size the buffer with the corridor runway calculator.

Funding the corridor

• At the Bundesbank, T2 RTGS accepts customer payments from 02:30 to 17:00 and bank-to-bank payments from 02:30 to 18:00 on business days, so non-instant euro funding must be sent within those windows. source
• T2 has a non-optional maintenance window every week from 02:30 Saturday to 02:30 Monday, extended over TARGET closing days (for example from Good Friday to the Tuesday after Easter); when the optional weekday window (03:00 to 05:00) is activated, settlement of liquidity transfers in TIPS is affected while TIPS keeps processing instant payments. source
• Onshore banks must keep each non-resident's end-of-day balance at no more than THB 200 million across all its NRBAs (and separately its NRBSs) at onshore banks, and do not pay interest except on fixed NRBAs of six months or more, under rules effective 1 December 2025. source
• Non-residents providing cross-border payment services can join the NRQC scheme, which lifts the NRBA end-of-day limit and removes per-transaction supporting documents for baht transactions with onshore banks. source
• BAHTNET runs 9 hours a day, 5 days a week, so PromptPay obligations that clear after its window sit unsettled overnight, which the BOT puts at roughly THB 7.8 billion of settlement risk per night. The BOT plans a staged extension of BAHTNET hours towards 24/7. source

Running the corridor

Polynopsis shows every balance on both sides of this corridor in one live position: the collection accounts in Germany, the payout partners and banks in Thailand and any stablecoin in between. It warns before the Thailand balance runs dry, holidays included. See how it works.

Related corridors

• Australia to Thailand
• Austria to Türkiye
• Belgium to Morocco
• Belgium to Türkiye
• France to China
• France to Haiti
• France to India
• France to Morocco
• France to Senegal
• France to Vietnam
• Germany to China
• Germany to Ghana

Sources

1. World Bank, Remittance Prices Worldwide dataset · World Bank
2. T2 (opening hours and closing days) · European Central Bank
3. TARGET Systems operating schedule, euro · European Central Bank
4. Financial Institutions Holiday · Bank of Thailand
5. Notification of the Bank of Thailand No. 31/2568: financial institutions' holidays for 2026 · Bank of Thailand