LaosLAKLaotian Kip
The Lao kip has weakened noticeably over recent years — the country has gone through a difficult period with inflation and currency pressure. For those sending money to Vientiane or Luang Phabang, this means one thing: you can't calculate by the old exchange rate, and amounts in kip come out as long numbers. So you should look not at the rate, but at the figure fixed in your application before payment. Commission from 0.9%.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is the Lao kip (LAK), which has a floating exchange rate; in recent years the currency has weakened significantly due to inflation, external debt, and the economy's overall dependence on neighboring countries. Laos is the only landlocked country in Southeast Asia; it borders Thailand, Vietnam, China, Myanmar, and Cambodia. The country's economy is small and closely tied to neighboring markets, so in border areas and tourist zones, the Thai baht and US dollar are widely used alongside the kip. The central bank and regulator is the Bank of the Lao PDR, located in Vientiane. The main bank is the state-owned Banque pour le Commerce Extérieur Lao (BCEL), one of the country's largest banks with an extensive network; Lao Development Bank and other local banks also operate.
IBAN format is not used in Laos: for international SWIFT transfers, you typically need the bank's SWIFT/BIC code, account number, and recipient's name in Latin characters. Due to the low value of the LAK unit, amounts in kip can consist of a large number of digits — this is normal for this currency and is not in itself an error in the calculation. Laos has not introduced its own sanctions against Russia, however, a specific transfer depends on the recipient bank, correspondent chain, and standard AML/KYC checks. The official language is Lao; the country uses its own script, so bank details for international transfers are provided in Latin characters. The country operates on UTC+7 time zone, so Vientiane is 4 hours ahead of Moscow. ATM24 checks the available route in advance before confirming the application. The international SWIFT credit period is 2–5 business days. ATM24 commission is from 0.9%.
Cards from Lao banks credit kip; with a volatile exchange rate, it's important that the amount is fixed in the application, not at the time of receipt. BCEL, Lao Development Bank, Joint Development Bank. You'll need 16 digits of the card number and the cardholder's name in Latin characters. A multi-digit amount in kip is normal given the low denomination of the currency
Laos does not use IBAN format: the recipient is identified by the bank's SWIFT code and account number. In the application, provide the bank's SWIFT code, the recipient's account number, and name in Latin characters. Lao has its own script, so the name is always taken from your passport. Some accounts in the country are held in dollars — confirm the account currency in advance
LAK kip issued as cash in the capital and the country's main tourist city. Vientiane is the capital and financial center; Luang Phabang is a UNESCO heritage site. In border areas and among tourists, Thai baht and dollars are used alongside kip. Agree on the city of issue and available amount before submitting your application
For Laos you need the SWIFT code of the recipient's bank, account number, and name in Latin characters — IBAN is not issued here, and Lao script is not used in payment details. The kip has weakened and remains volatile, so the conversion is done at the time of application and fixed: the amount credited will not change. The country has not introduced sanctions against Russia. Confirm the recipient's account currency with them: Laos has both kip and dollar accounts, and Thai baht is also in use in border areas.
We accept RUB, USD, EUR and USDT — we pay out in LAK
RUB LAK
236.58per 1 RUB
10 000 ₽ = 2 365 757 LAKUSD LAK
21,209.74per 1 USD
100 $ = 2 120 974 LAKEUR LAK
24,043.43per 1 EUR
100 € = 2 404 343 LAKUSDT LAK
21,209.74per 1 USDT
100 USDT = 2 120 974 LAK| You send | Payout in LAK |
|---|---|
| 100 USDT | 2 120 974 LAK |
| 300 USDT | 6 362 921 LAK |
| 500 USDT | 10 604 868 LAK |
| 1 000 USDT | 21 209 737 LAK |
| 5 000 USDT | 106 048 685 LAK |
Where recipients usually get the money in Laos
BCEL Banque pour le Commerce Extérieur Lao — a commercial bank for personal and corporate customers. Core services include accounts, cards, payments, and settlement services.
Lane Xang Bank — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Sacombank Laos — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
ACLEDA Bank Laos — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
National Currency
The national currency is the Lao kip (LAK), which has a floating exchange rate; due to the low value of the unit, amounts in LAK typically have a large number of digits.
Card Systems
Visa and Mastercard are accepted in Vientiane and tourist areas. BCEL (Banque pour le Commerce Extérieur Lao) is the largest card-issuing bank. LAPNet is the national processing center for BCEL One cards. Most transactions in regional areas are conducted in cash kip.
Payment Applications
BCEL One (Banque pour le Commerce Exterieur Lao) is the country's leading financial app. OnePay (JDB, Joint Development Bank) and LDB Mobile are alternatives. Alipay and WeChat Pay are actively used by Chinese merchants and tourists.
Interbank Transfers
IBAN format is not used in Laos: for international transfers, the bank's SWIFT/BIC code and account number are used.
Financial Regulator
Bank of the Lao PDR is the central bank and primary financial regulator of the country; located in Vientiane.
Special Features for ATM24
Laos has not introduced its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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We've collected answers about the kip, the role of the baht and dollar in payments, and how money reaches the recipient.
To arrange a LAK payout in Laos, ATM24 first checks the receiving channel for the Laos LAK payout route. The route is confirmed before payment, including Banque pour le Commerce Extérieur Lao, Joint Development Bank, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
A card or bank-account payout in Laos in LAK is possible only when the selected route supports it. ATM24 verifies whether the recipient's card, account number, and name match the Laos LAK payout route. The manager confirms the selected bank, such as Banque pour le Commerce Extérieur Lao or Joint Development Bank, before payment because card and account rules may differ. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
For Laos, ATM24 can review a LAK payout through banks such as Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank. The manager checks whether the selected bank route supports the incoming transfer and which account or card details are needed. The bank route is confirmed before payment.
For Laos, ATM24 does not use one universal recipient form for every LAK transfer. The details are checked by route: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank, card payout, account payout. Name, account/card data, and payout currency must match the selected option. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
A LAK transfer to Laos can start from 15 minutes after ATM24 confirms the recipient route. Timing depends on amount, recipient details, and Laos LAK payout route, Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, card route, account route, and recipient-name matching against the selected bank record. The expected payout window is shown before payment. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
The fee for sending money to Laos with payout in LAK is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through Lao Development Bank or Joint Development Bank, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
Yes, the sender can use an available card, bank transfer, USDT, or another confirmed method while the recipient receives LAK in Laos. The manager checks Banque pour le Commerce Extérieur Lao, Lao Development Bank, payout route, exchange conditions, and final amount before payment. Any card conversion or sending-bank fee remains outside the recipient payout. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
ATM24 accepts transfers to Laos in LAK from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Laos LAK payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
For a large LAK transfer to Laos, ATM24 reviews documents around Laos LAK payout route, Banque pour le Commerce Extérieur Lao, Lao Development Bank, recipient-name match, route limit, payment purpose, source-of-funds review, and recipient-name matching against the selected bank record. The request may require sender ID, source-of-funds details, recipient bank data, and payment purpose. The manager confirms the exact list before payment. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
If you send 1000 USD to Laos, the recipient amount in LAK is not a generic market-rate number: 21,209,736.91 LAK. The calculation uses the payout route, bank such as Joint Development Bank, fee from 0.9%, and exchange conditions. ATM24 confirms the final amount before the sender pays. Bank-route examples for Laos: Banque pour le Commerce Extérieur Lao, Lao Development Bank, Joint Development Bank, Banque pour le Commerce Exterieur Lao Public, and Agricultural Promotion Bank.
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