Why do I need to pay 8% to transfer my own money?
Why do I need to show heaps of documents every time I want to transfer money?
Why do I need to spend half of my working day standing in queues to transfer money?
We wondered the same and decided to do something about it. Operating in telecoms and the tech business since 1999 and with a strong existing customer base of Thais, expats professionals, long-stay tourists and overseas foreign workers in Thailand, we were in the perfect position to bring the change we wanted to see.
In 2017, SawasdeeShop was awarded the Non-Bank International Money Remittance Service License, Money-Exchange License and the E-Payment License by the Bank of Thailand. In July 2018, DeeMoney was officially launched – disrupting the market with our industry-first flat fee and mobile app. A new era of digital international money transfer in and out of Thailand was born.
In today’s world, we believe that sending money internationally has to be pain-less for customers in every way: from the fees and costs associated, right to the amount of time spent making the transaction. That’s our DeeMoney commitment.