The reporting threshold for foreign financial accounts under Thailand's CRS (Common Reporting Standard) guidance is THB 7,500,000.
For pre-existing entity accounts: If the account balance is THB 7,500,000 or below, it is not required to be reported. However, if the balance exceeds THB 7,500,000 at the end of any calendar year, it must be reviewed and reported
For pre-existing individual accounts:
Lower value accounts: If the balance is THB 30,000,000 or below, they have a reduced due diligence requirement.
High-value accounts: If the balance exceeds THB 30,000,000, enhanced due diligence procedures apply.
These thresholds apply unless a financial institution chooses to report all accounts voluntarily.