Krung Thai Bank Public Company Limited SWIFT/BIC code

KRTHTHBK – the SWIFT/BIC code of Krung Thai Bank Public Company Limited

Whether a recipient gives you KRTHTHBK or KRTHTHBKXXX, it is the identical identifier for Krung Thai Bank Public Company Limited in Thailand. Every bank on the SWIFT network uses these codes to direct international transfers to the right bank. In daily life you usually come across it on invoices from abroad, in payment forms and on the account details that Krung Thai Bank Public Company Limited provides.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to check the code before you confirm a payment. The SWIFT code on its own does not identify an individual account holder; that is what the account number or IBAN is for.

Watch out for payment fraud

A common scam goes like this: an email arrives with a message claiming that a contact now has a new bank account and that the next payment should go there. The fact that KRTHTHBK exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Check changed payment details through a separate channel like a call to a number from an earlier contract. Urgency and requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. Already paid? Contact the bank you paid from straight away and ask them to start a recall and report the fraud.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference to another account. Wait until the money has really arrived – ask Krung Thai Bank Public Company Limited if something looks wrong.

When will the money arrive at Krung Thai Bank Public Company Limited?

An international transfer typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in the sending or receiving country can add a day or more. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, ask your bank for the tracking status or the UETR so they can trace it along the chain. Save the payment confirmation until the recipient confirms – you will need it for any trace request.

A missing payment has to be investigated from the sending side, using the payment confirmation. Request from the sender a copy of the payment confirmation; that often settles the question quickly.

Sending THB to Krung Thai Bank Public Company Limited

Accounts at Krung Thai Bank Public Company Limited are typically held in THB, the local currency. A payment in a foreign currency will be exchanged into THB, and whoever converts it chooses the rate. Every conversion eats into something.

Who converts the payment makes a difference. Check what THB the recipient gets with several providers before choosing one.

Exchange rates change during the day. With bigger transfers, a seemingly small gap in the rate can be worth more than the fee.

How up to date is this code?

We gather SWIFT/BIC codes using public sources and update them regularly. Banks reorganise, close branches and retire codes, and a directory never catches every change immediately. Counts and locations come from our directory.

Before any payment of any size, check the code with Krung Thai Bank Public Company Limited or with the recipient. GoldexPay is not affiliated with Krung Thai Bank Public Company Limited; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a message via the contact page.

Getting paid from abroad into a Krung Thai Bank Public Company Limited account

For a transfer from abroad at Krung Thai Bank Public Company Limited, the person paying you has to have not just the SWIFT code. What they need is: your name, account number or IBAN, KRTHTHBKXXX and in many cases your home address.

Certain sending banks want the address of Krung Thai Bank Public Company Limited, so keep it at hand. A mistake in the IBAN can be more trouble than it looks.

What lands in your account can be less than what was sent. Fees for incoming transfers vary per bank; check the price list of Krung Thai Bank Public Company Limited. For business payments, you can state who bears the costs to avoid a shortfall.

8 or 11 characters: KRTHTHBK versus KRTHTHBKXXX

Every SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. The result is KRTHTHBK, the short form of the code.

Most banks and apps work with both lengths. If yours requires eleven characters, use KRTHTHBKXXX, otherwise KRTHTHBK is fine.

Do not add spaces, dots when you type KRTHTHBK. Pasting the code beats typing it by hand.

Sending money abroad from Krung Thai Bank Public Company Limited

The price of a payment abroad has more than one component – not just the fee on your screen. There is the transfer fee, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

Many banks rarely list their exchange rate markup as a cost, but you pay it all the same. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares the amount that arrives with different providers, which makes the cheapest option easy to spot. You can still use your account at Krung Thai Bank Public Company Limited to fund the transfer; only the conversion and sending happen elsewhere.

How to check KRTHTHBK before you pay

Ask the recipient to copy their account details straight from their online banking. When the code you were given differs from KRTHTHBK or KRTHTHBKXXX, stop and ask – contact the recipient or Krung Thai Bank Public Company Limited.

Mistakes in the BIC tend to be costly rather than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: an error there is harder to correct than a wrong code.

Many banking apps check the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now compare the name with the account before you confirm – do not ignore a mismatch warning. When you pay someone new, many people start with a small amount first and wait for confirmation.

Head office or branch code at Krung Thai Bank Public Company Limited?

Krung Thai Bank Public Company Limited has 6 separate SWIFT/BIC codes across 4 locations. Only one is the head office code, KRTHTHBKXXX; the others identify branches or departments, and sometimes internal departments.

For the vast majority of payments to a private or business account, the head office code KRTHTHBKXXX works fine. Only use a branch code when the account holder explicitly asks for it, for example on a letter or invoice.

Unsure which code to use? Ask the recipient, or look at a recent statement from Krung Thai Bank Public Company Limited. Codes can change over time, so a code from an old document is not always valid.