Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Taking money out of thailand

Featured Replies

56 minutes ago, beddhist said:

Yes, but their terms state quite clearly that using them for currency conversion is illegal. However, if you are leaving then I can't see how they can enforce it.

All one would do is deposit in THB, buy the crypto of your choice and deposit  crypto onto a nano ledger or similar hard wallet, and fly out the country with said hard wallet....

 

on reaching a your destination, deposit crypto onto new exchange and convert into the fiat of your choice

 

Or plan B

 

Convert to crypto and send to another wallet on another exchange and convert back to fiat

 

In both cases you have not broken any of their rules

  • Replies 32
  • Views 8.4k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • chicowoodduck
    chicowoodduck

    Just do like I do once or twice a year...pack my bags and head to the nearest airport....BINGO! ????

  • scubascuba3
    scubascuba3

    Let us know if you get the money

  • You will have to show that you brought the money into Thailand or receipts that you have paid taxes on your income. 

Posted Images

Quote

No foreign currency exchange

The customer must agree never to exchange assets purchased from the Website for any foreign currency other than Thai Baht.  The customer must also guarantee that any digital asset the customer sells at the Website have never been involved in exchange with any foreign currency other than Thai Baht.

For national currency deposits the company will accept only Thai Baht; all deposits must involve only Thai Baht and no other foreign currencies. All Thai Baht deposits must originate within Thailand. Any deposits sent in other foreign currencies, or originating from outside Thailand, will be rejected and forfeited.

Source: https://bx.in.th/info/terms/

This is all BS, of course, but these are the rules imposed by the central bank. (For starters, most coins have been mined outside Thailand, so the mere existence of an exchange violates the rules.) On top of that, THB is here called a foreign currency.

1 minute ago, beddhist said:

Source: https://bx.in.th/info/terms/

This is all BS, of course, but these are the rules imposed by the central bank. (For starters, most coins have been mined outside Thailand, so the mere existence of an exchange violates the rules.) On top of that, THB is here called a foreign currency.

7 cryptos are legally recognised in Thailand by law, so it seems your interpretation of rules is a bit wonky as well 

 

 

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.