Type Description
Cash-out Method Direct credit to bank account in Thai Baht (THB).
Supported beneficiary account type – individual and company
Transaction Turnaround Time
  • T+1 Thailand Banking day for transaction processed 5.00pm (Mon-Fri) GMT +7
  • T+2 Thailand Banking day for transaction processed after 5.00pm (Mon- Fri) GMT +7
  • Transaction final status received T+1 or T+2 Thailand Banking day (subject to bank systems). For e.g. a transaction is processed at 11am GMT +7 on Day 1, and transactions is credited on next day (Day 2). However, Millenning’s system will only transmit the final status on the following business day(s) (Day 2 or 3)

Subjected to Singapore office timing and funds being received
Area availability All Thailand banks nationwide
Validation / Verification Account validation with beneficiary name, beneficial bank name, bank code and bank account number.
Account received Beneficiary received amount rounded to the nearest THB 1.
Transaction Limit Transaction Limit
Maximum per Transaction THB 150,000.00
Minimum per Transaction THB 10.00
Compliance accumulated limit THB 500,000.00
Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Cancellation Process Cancellation is allowed if the payout is not claim.
Remarks Sender name must be in Roman Character only.