Money Transfer - Again

[rayabk]

I want to transfer some money from GB and I did read a post on here somewhere about 30% of the deposit being held here by the bank in Thailand. Is this true or was I dreaming this.

[bendix]

Depends what you want it for.

Any transfers under US20,000 are under the radar.

99% of transfers over that amount by ordinary folk like us are exempt. the worse that will happen is that you will get a call from the bank asking what the purpose of the transfer is. Give them the answer, and away you go.

[rayabk]

Depends what you want it for.

Any transfers under US20,000 are under the radar.

99% of transfers over that amount by ordinary folk like us are exempt. the worse that will happen is that you will get a call from the bank asking what the purpose of the transfer is. Give them the answer, and away you go.

So If I want to send 20K GBP which equates to around 38K USD I could send 10K GBP( 19K USD) to one bank account(Kasikorn Bank) and send 10K GBP(19K USD) to another bank(Bangkok Bank). Nothing to hide here - just want to avoid the 30% withholding - which I still do not fully understand.

[apetley]

Give your bank a call and tell them you will be transferring alot into your account for whatever purpose, house car.....

I have recently tranferred alot more than 20k USD into my Kasikorn account a couple of times with no probs whatever.

[rayabk]

Give your bank a call and tell them you will be transferring alot into your account for whatever purpose, house car.....

I have recently tranferred alot more than 20k USD into my Kasikorn account a couple of times with no probs whatever.

Nice one - cheers

[farangene]

Give your bank a call and tell them you will be transferring alot into your account for whatever purpose, house car.....

I have recently tranferred alot more than 20k USD into my Kasikorn account a couple of times with no probs whatever.

Nice one - cheers

I have to do a $24,000 transfer this week and stopped by to ask the bank manager about it. She said should be no problem with the amount and capital controls. I asked about the exchange rate (off shore vs on shore) and she had no clue what I was talking about.