is there a limit of how much you can deposit to your account per day or something like that?

 

and can i just bring the cash to a local kasikorn bank and ask the office there to deposit it to my account for me?

 

 

Edited October 2, 20205 yr by thai boy

I have often taken over £15000 [uk] after exchanging it. Deposited it Bangkok bank. With no problem.

2 minutes ago, bellboy said:

I have often taken over £15000 [uk] after exchanging it. Deposited it Bangkok bank. With no problem.

 

do you deposit it through ATM machine or you bring the cash to the bank and ask them to deposit it for you?

I would guess the limit is more of how much money you have.
1 million baht cash per day is no problem. And if you can show where your money came from then even more is no problem at all!

Only problem could arise whenever you wish to transfer it out of Thailand again   if you do not have a proof of importing it by declaring it to  customs or by bank transfer 

There is no limit, however a cash deposit in excess of 2 million baht per day in a personal account will trigger an anti money laundering report.

 

If you are using cash deposit mechines there is a physical limit of 200 notes (or 200,000 baht) per transaction, however you can do multiple transactions.

2 minutes ago, david555 said:

Only problem could arise whenever you wish to transfer it out of Thailand again   if you do not have a proof of importing it by declaring it to  customs or by bank transfer 

 

do you mean if you wish to transfer it from your thai bank to the bank you have in your western country?

thanks for the quick replies guys , helped a lot ????

5 minutes ago, thai boy said:

 

do you mean if you wish to transfer it from your thai bank to the bank you have in your western country?

Yes but also in any transfer out of Thailand , not only to your home country , no problem if example you brought in cash by air travel and declared it by arrival to Thai customs  ( needed from 15000 USD  value in any foreign exchange value )

ThaiCashReportingForm.pdf

Edited October 2, 20205 yr by david555

I deposited 100k in my Krungsri account last month (because Kbank said it would be quicker and cost less fees to walk it next door!) and got a call later in the day from Krungsri asking where the money came from. Easily dealt with and very polite, but the issue is that the limits for triggering "money laundering" compliance checks, can be quite low.

I have deposited 1.6 million Bht into a BKB a/c with the cashier, no questions ever asked 

but maybe over 2 mil some alarm bells may ring.

Never been in that fortunate position

13 hours ago, thai boy said:

 

do you deposit it through ATM machine or you bring the cash to the bank and ask them to deposit it for you?

You can't deposit cash using an ATM. You need a CDM = Cash Deposit Machine. 

14 hours ago, thai boy said:

is there a limit of how much you can deposit to your account per day or something like that?

There used to be a 2 million baht cash limit, I don't know if it's changed, it's a while ago I walked around with that level of cash, but a few years ago I had no problem with 800k baht in cash...????

 

Another question might be the individual bank's rules about "white washing" and "knowing customers"...

done 5+ million with paper cashier check of 20 baht

 

Off topic posts have been removed. This topic is not about anti money laundering or taxation.

What a strange question. If I wanted such advice & already had a bank account, I'd go to said bank & ask. Nothing like getting it from the horses mouth !