How to Pay Contractors
in Thailand
Pay Thailand-based contractors via Bank Transfer, Stablecoin Payout, PromptPay. Average settlement: 1–2 business days.
Thailand Payment Overview
Thai Baht · THB
How You Pay in Thailand
You fund in USD, stablecoin (USDC/USDT), or BTC. Your contractor in Thailand chooses how they receive it. Bitwage handles the conversion and routing.
Compliance screened
Optimal rail selected
Payment Rails Available in Thailand
Choose the right rail for each contractor. Click for full setup instructions.
Bank Transfer
THB wire to any Thai bank via BAHTNET clearing.
Fees: 0.5–1.5%
Stablecoin Payout
USDC payout to contractor's crypto wallet.
Fees: 0–0.5%
PromptPay
Thailand's national instant payment system linking bank accounts, ID numbers, and mobile numbers.
Fees: 0.3–0.8%
How Bitwage Works in Thailand
Bitwage connects your USD balance to Thailand's local payment infrastructure. You fund once, we route to each contractor via their preferred rail.
Fund Your Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to THB.
Add Contractors
Enter each contractor's payment details — CLABE, IBAN, wallet address, or local account number. Or upload a CSV.
Execute & Settle
Bitwage locks the FX rate, converts, and routes via Bank Transfer. You get a settlement confirmation for every payment.
Compliance Notes
Thailand requires foreign income declaration with the Revenue Department. Bitwage screens all payments against OFAC and UN sanctions lists.
FX Considerations
The THB is relatively stable. Bitwage locks the USD/THB rate at execution time to eliminate intraday FX risk.
Key Terms
Paying Contractors in Thailand FAQ
Common questions about THB payments, local rails, compliance, and FX.
PromptPay is Thailand's instant payment platform. Contractors can link their national ID or mobile number to receive THB in under 30 seconds. See our contractor payments page.
Yes. Bitwage supports usdc payouts directly to your contractor's crypto wallet.
Bitwage performs OFAC screening on every payment and collects W-8BEN for US tax reporting. Thai contractors must declare foreign income with the Revenue Department. See our contractor vs employee guide.
Yes. With masspay you can upload a CSV with any number of Thai contractors and execute all payments in one click.
Bitwage applies a fx rate lock at execution time so your contractor receives the exact THB amount shown in the preview.
Ready to Pay Contractors in Thailand?
Fund your Balance once. Pay via Bank Transfer in 1–2 business days.