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Currency Controls

simoh1490
in Jobs, Economy, Banking, Business, Investments

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I was trying to explain to a poster in another thread that the BOT does not allow THB to exported, except to neighbouring countries in limited amounts when I noticed that the limits have been changed quite recently. In case anyone is interested the limits are now as follows:

 

"There is no limit 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. A person travelling to other countries is allowed up to THB 50,000.

 

Any person bringing into or taking out of Thailand Thai baht bank notes, foreign currency bank notes or negotiable monetary instruments in an aggregate amount exceeding 450,000 Baht or USD 15,000 or its equivalent must declare to a customs officer".

 

https://www.bot.or.th/English/FinancialMarkets/ForeignExchangeRegulations/FXRegulation/Pages/default.aspx

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