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Daffnius Duck Mucker
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Posts posted by Daffnius Duck Mucker
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looks like chinese-malay with those names. third country? well i doubt they would risk singapore so that must be indonesia?
would have thought the border was more porous in the deep south than in sadao region. so guess heading to chinese penang.
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may have to report on malaysian side of the border on entry (and on exit) havent checked
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latest from the moving target
"2. Local Currency
There is no restriction on the amount of Thai baht bank notes that may be brought into the country.
A person traveling to Vietnam, the People's Republic of China (only Yunnan province) and Thailand's bordering countries is allowed to take out up to THB 2,000,000. Taking out Thai Baht bank notes in an amount exceeding THB 450,000 requires declaration to a Customs Officer.
A person traveling to other countries is allowed up to THB 50,000."
still not clear if you can take out 20000 usd plus the local currency. or if the local currency is included in the 20000 usd.
i read it as 19999 usd plus 449999 baht and you dont have to speak to the customs officer when going to malaysia
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re: troll post
experience has taught me that the best way to deal with these people who have sway over you life liberty and fortune is to not deal with them at all-- go to extreme lengths to avoid contact with them and to be absolutely certain you know exactly where the line in the sand that shall not be crossed is located.
want to walk past them knowing for sure that they cant pull you up.
these laws are designed NOT for YOUR protection but to safe guard the vested interest and to enrich those who are charged with enforcing them.
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Simply assume the worst-case scenario (pick a recent exchange rate, add some reasonable padding), and you'll be fine. Euro does not fluctuate that wildly in the short term.
If you have a large amount, splitting it among several passengers traveling with you (that you trust) might help. I know companies that do this with their employees.
reassurance is not what i am looking for, what i want is exactly how they do the calculation and where they get the figures from.
trying to go to sleep now will check again in the day light.
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Maybe just carry 20,000USD ?
Incredibly simple
not convenient or prudent to switch into USD then back to the original currency when you want to use it. lose to much of the double exchange
assuming just 1 percent loss, that is 200 dollars lost on USD 20000 but you are looking at closer to 5 percent depending on where you do the conversions.
So you are leaving Thailand with 20k usd in Thai Baht, Then you will take it somewhere where it will be useless, and return back to Thailand with said 20k usd in Thai Baht?
Ever heard of a bank?
ever hear of comprehension you obviously failed . taking euro out.
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If you're really so close to the limit go and ask Customs if you cannot cut a couple of grand from the amount to make sure you're under the limit.
I don't understand why you'd travel with the money though when you can easily transfer the money out via a bank but that's not really my business
yes done the cut already but still dont trust som chai at the customs post to not pull some wild figure out of the air for the exchange rate and say look you are over and he walks away with the cash.
" easily transfer the money out via a bank " you obviously havent attempted this near impossible feat. via ATM AND YOU ONCE AGAIN GET STUNG IN IF ARE GOING BETWEEN non-major currencies eg baht to nz dollars i doubt you will get away without a 1000 dollar loss via atm and where i am going its even worse..
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Most major currency exchange rates are quoted daily by The Bank of Thailand and all Thai retail Banks.
I would expect that the Customs Service would look up the daily quoted exchange rate from one of the above mentioned sources
The exchange rates tend to be pretty stable and do not "fluctuate wildly"
$20,000 equates to approx 694,000Bht at current exchange rates which is a bulky package of cash to carry around.
assuming they use these rates it still only converts to baht. it doesnt tell you how much USD equivalent for malaysian ringit, or euro for example, you are carrying. euro fluctuates between 1.06 and 1.14 within the last months. this fluctuation can easily put you over or under.
if they are converting these to baht and then to USD using the buy sell rates at that page then we need to know this for sure not just "i expect" sorry cant risk confiscation of the cash with this flimsy info.
Best you contact them for the exact detail.
"For further inquiry and information, you may contact the Customs Call Center at Tel. 1164 or the Customs Clinic at Tel. 02-667-7880-4, Fax. 02-667-7885, e-mail: [email protected]. Additional information may also be obtained from Customs ports of entry/exit. Please consult our telephone directory for a Customs office near you. The listing can be found under the “CONTACT US” section."
this is thailand. go to any govt department and get someone to commit firmly on anything is impossible. been there done that already. complete waste of time.
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Maybe just carry 20,000USD ?
Incredibly simple
not convenient or prudent to switch into USD then back to the original currency when you want to use it. lose to much of the double exchange
assuming just 1 percent loss, that is 200 dollars lost on USD 20000 but you are looking at closer to 5 percent depending on where you do the conversions.
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Most major currency exchange rates are quoted daily by The Bank of Thailand and all Thai retail Banks.
I would expect that the Customs Service would look up the daily quoted exchange rate from one of the above mentioned sources
The exchange rates tend to be pretty stable and do not "fluctuate wildly"
$20,000 equates to approx 694,000Bht at current exchange rates which is a bulky package of cash to carry around.
assuming they use these rates it still only converts to baht. it doesnt tell you how much USD equivalent for malaysian ringit, or euro for example, you are carrying. euro fluctuates between 1.06 and 1.14 within the last months. this fluctuation can easily put you over or under.
if they are converting these to baht and then to USD using the buy sell rates at that page then we need to know this for sure not just "i expect" sorry cant risk confiscation of the cash with this flimsy info.
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what exchange rates do they use to determine if you have over USD20,000 when departing from thailand.
where can we see these exchange rates so that we know for absolute certain at the time of departure what the rates are and so how much in USD equivalent we are deemed be carrying? these thing fluctuate wildly so we need to know this
see above for info
Sir! Sir! Sir! I got a question!
in Jobs, Economy, Banking, Business, Investments
Posted
this savage despicable deed has been executed and at no time were BOT rules breached according to any interpretation given. no voices were raised and no untoward enrichment occurred any where.
over and out
Daffnius Duck Mucker