Liverpool Lou Posted January 11, 2022 Share Posted January 11, 2022 4 hours ago, Puccini said: I would ask the Thai bank to transfer the 25k Euro in my foreign currency account via SWIFT to my account.at my bank in Europe. Easier said than done! Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 11, 2022 Share Posted January 11, 2022 2 hours ago, GrandPapillon said: certain Thai Banks like UOB have a different status than banks like SCB, they are "foreigner owned" banks (UOB is Chinese owned) UOB is Singaporean-owned. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 11, 2022 Share Posted January 11, 2022 1 hour ago, david555 said: OR just convert to euros and carry with you : He has Euros .... but not in paper shape bills , and max allowed 20 000 USD value in any currency (if follow the Thai rules ) He won't have Euros, UOB will only pay him cash in THB. Amounts over USD20,000 equivalent can be taken out, they just have to be declared on exit. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 11, 2022 Share Posted January 11, 2022 1 hour ago, The Hammer2021 said: Each member of his party can carry their full allowance if he has kids or wife B100,000 max for families travelling together. 1 Link to comment Share on other sites More sharing options...
Popular Post Muzzique Posted January 11, 2022 Popular Post Share Posted January 11, 2022 9 hours ago, Confuscious said: Are there other (legal) ways to get this money out of Thailand? Become a Thai government minister 3 Link to comment Share on other sites More sharing options...
kwonitoy Posted January 11, 2022 Share Posted January 11, 2022 It cost me 1350 baht to do an international transfer out of Thailand, on numerous occasions I left Oct 20 and transferred out the money I had on deposit for my retirement visa. And much more from property sales before that. Anyone can transfer up to 50,000 USD per day out of Thailand, you don't have to have a work permit, I didn't. If they say you do they are just blowing you off with a handy excuse. You do need to find THAT person at the bank who will co-operate with you. Go in person to your bank and tell them you want to make an international transfer You'll need the swift number of your receiving bank, account number, IBAN number. Your passport of course Tell them you want to transfer the 25K Euro, they will send it as Thai baht and the receiving bank will convert it to Euro. Takes about 30 minutes or so. 1 1 Link to comment Share on other sites More sharing options...
kwonitoy Posted January 11, 2022 Share Posted January 11, 2022 1 hour ago, Liverpool Lou said: Easier said than done! Done it several times in the last 2 years 1 Link to comment Share on other sites More sharing options...
david555 Posted January 11, 2022 Share Posted January 11, 2022 3 hours ago, The Hammer2021 said: Precisely. Travel with 20k euros and 50 baht and he's virtually there. Yes TCS do exist.. Each member of his party can carry their full allowance if he has kids or wife or write a cheque and deposit it in London branch of UOB Start spending some now! If he spends it wisely here in Thailand he could blow it all easily The kids are not allowed to be in the count unless mature ones ... Link to comment Share on other sites More sharing options...
david555 Posted January 11, 2022 Share Posted January 11, 2022 2 hours ago, Liverpool Lou said: He won't have Euros, UOB will only pay him cash in THB. Amounts over USD20,000 equivalent can be taken out, they just have to be declared on exit. Of course ....i was only refering to not to decleared taking out ... i was not complete in my reply . 1 1 Link to comment Share on other sites More sharing options...
Pmbkk Posted January 11, 2022 Share Posted January 11, 2022 We use https://www.deemoney.com/ to transfer money. Simple to set-up and use via app to Europe. Not been back for nearly 2 yrs but there was a place on the corner of Suk' 8 in Bkk. Link to comment Share on other sites More sharing options...
The Hammer2021 Posted January 12, 2022 Share Posted January 12, 2022 6 hours ago, Liverpool Lou said: B100,000 max for families travelling together. Out of interest: Does that include inward bound travelers? Link to comment Share on other sites More sharing options...
The Hammer2021 Posted January 12, 2022 Share Posted January 12, 2022 4 hours ago, david555 said: The kids are not allowed to be in the count unless mature ones ... Out of interest: Does that include inward bound travelers? From Russia? Link to comment Share on other sites More sharing options...
david555 Posted January 12, 2022 Share Posted January 12, 2022 (edited) 4 hours ago, The Hammer2021 said: Out of interest: Does that include inward bound travelers? Under the Currency headings you can see it is equal as import or export IATA - Thailand Customs, Currency & Airport Tax regulations details (iatatravelcentre.com) a side note ...,Take notice it is prohibited also to bring gold bullion in ....,but can be kept in official storage at airport ???? until departure ..... ( now i remember that time when Suvarnabhumi was occupied by yellow shirts , i saw in a news that time many gold disappeared ..... ???? Edited January 12, 2022 by david555 1 Link to comment Share on other sites More sharing options...
The Hammer2021 Posted January 12, 2022 Share Posted January 12, 2022 1 minute ago, david555 said: Under the Currency headings you can see it is equal as import or export IATA - Thailand Customs, Currency & Airport Tax regulations details (iatatravelcentre.com) a side note ...,Take notice it is prohibited also to bring gold bullion in ....,but can be kept in official storage at airport ???? until departure ..... ( now i remember that time when Suvarnabhumi was occupied by yellow shirts , i saw in a news many gold disappeared ..... ???? It's not all they took! But I heard the big Russian family holidays here were about bringing in and out currency.. Link to comment Share on other sites More sharing options...
Confuscious Posted January 12, 2022 Author Share Posted January 12, 2022 11 hours ago, Liverpool Lou said: Have you tried Dee Money? https://www.deemoney.com/th/ Tried already as an other poster suggested before. 1 Link to comment Share on other sites More sharing options...
david555 Posted January 12, 2022 Share Posted January 12, 2022 (edited) 20 minutes ago, The Hammer2021 said: It's not all they took! But I heard the big Russian family holidays here were about bringing in and out currency.. With declaring on Suvarnabhumi by Thai Customs Cash Reporting Form (see PDF attachment ) you can bring in whatever amount , no restrictions on foreign currency , so no problem for those Russians neither i guess ???? ThaiCustomsCashReportingForm.pdf Edited January 12, 2022 by david555 Link to comment Share on other sites More sharing options...
Confuscious Posted January 12, 2022 Author Share Posted January 12, 2022 I received an answer from UOB about this this morning. "Funds that are deposit in a FDA (Foreign Devices Account) for Visa purposes and have been transferred from abroad by SWIFT will be send back by SWIFT to the same bank where the funds came from." "The remaining funds, deducted with the costs of sending the funds back, will be send back in the same devices ad it was send. Seems that the only requirement will be to go to Bangkok before I leave and visit UOB (Serie Center) to start the transfer to Europe of my FDA account. Wait and see if it's true ..... 1 Link to comment Share on other sites More sharing options...
david555 Posted January 12, 2022 Share Posted January 12, 2022 (edited) 19 minutes ago, Confuscious said: I received an answer from UOB about this this morning. "Funds that are deposit in a FDA (Foreign Devices Account) for Visa purposes and have been transferred from abroad by SWIFT will be send back by SWIFT to the same bank where the funds came from." "The remaining funds, deducted with the costs of sending the funds back, will be send back in the same devices ad it was send. Seems that the only requirement will be to go to Bangkok before I leave and visit UOB (Serie Center) to start the transfer to Europe of my FDA account. Wait and see if it's true ..... Good news anyway ????...., BTW i am in a kind in same situation , but keeping 800 000 Thb for ret ext. use , and last December i transferred 400 000 Thb out too E.U. homebank , as i also am leaving , so i have send the allowed go under from the 800K , but keep 400 000+ on bank until i definitive take airplane out of Thailand , no problem for me transferring out as said before , but yes mine is in Thai baht currency Edited January 12, 2022 by david555 Link to comment Share on other sites More sharing options...
billd766 Posted January 12, 2022 Share Posted January 12, 2022 16 minutes ago, Confuscious said: I received an answer from UOB about this this morning. "Funds that are deposit in a FDA (Foreign Devices Account) for Visa purposes and have been transferred from abroad by SWIFT will be send back by SWIFT to the same bank where the funds came from." "The remaining funds, deducted with the costs of sending the funds back, will be send back in the same devices ad it was send. Seems that the only requirement will be to go to Bangkok before I leave and visit UOB (Serie Center) to start the transfer to Europe of my FDA account. Wait and see if it's true ..... I do hope so for your sake. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 12, 2022 Share Posted January 12, 2022 42 minutes ago, Confuscious said: 12 hours ago, Liverpool Lou said: Have you tried Dee Money? https://www.deemoney.com/th/ Tried already as an other poster suggested before. Your country's not on their list? Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 12, 2022 Share Posted January 12, 2022 5 hours ago, The Hammer2021 said: 12 hours ago, Liverpool Lou said: B100,000 max for families travelling together. Out of interest: Does that include inward bound travelers? I believe it is the same. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted January 12, 2022 Share Posted January 12, 2022 11 hours ago, kwonitoy said: Done it several times in the last 2 years Good to hear. Maybe they have eased the process in recent times to fall in line with the competition. I have been refused in the past, I was told by them that it was only available for repatriation of salary and required a work permit. Link to comment Share on other sites More sharing options...
Confuscious Posted January 12, 2022 Author Share Posted January 12, 2022 1 hour ago, david555 said: Good news anyway ????...., BTW i am in a kind in same situation , but keeping 800 000 Thb for ret ext. use , and last December i transferred 400 000 Thb out too E.U. homebank , as i also am leaving , so i have send the allowed go under from the 800K , but keep 400 000+ on bank until i definitive take airplane out of Thailand , no problem for me transferring out as said before , but yes mine is in Thai baht currency As far as I uderstood the email from UOB, they would send the funds back ONLY if the funds had been send to Thailand by SWIFT and marked that it was for VISA purposes. My devices are in EURO, which makes a little bit more complicated. But the bank(s) seem to have made an agreement that if the money was brought to Thailand by SWIFT for Visa purposes, they would send it back in the same way and to the same bank when you leave the country. 2 Link to comment Share on other sites More sharing options...
Maestro Posted January 12, 2022 Share Posted January 12, 2022 16 hours ago, The Hammer2021 said: But Thailand does not allow transfers of money out of Thailand to swift. If you CAN transfer to swift then you can transfer to a normal bank The Thai banking system and the rules and regulations of the Ministry of Finance and the Central Bank treat Foreign Currency Deposit (FCD) accounts differently from Thai Baht (THB) accounts. Bangkok Bank, for example, has this information in their FAQ: Quote Can I transfer foreign currency from FCD account into overseas saving account? Yes, and the withdrawal transaction fees for FCD accounts will be varied depending on the currency between 0.25%-1.25% Of withdrawal money (minimum at 500 baht) and fees will be applies for transferring money to overseas (400 or 1,150 baht for major currencies except JPY and HKD). y Bangkok Bank branch providing FCD services. Source: https://www.bangkokbank.com/en/Personal/Save-And-Invest/Save/FCD-Account-for-Non-residents For all practical purposes, the money sent from abroad to an FCD is treated as if it had never entered Thailand and therefore the remittance from this FCD to an account outside Thailand is not accounted for as a remittance of money from inside Thailand to a another country. Many years ago, I had and FCD account in CHF at HSCB in Bangkok and when I had no further use of it I sent a registered letter, from Switzerland, to HSCB with instructions to close my account and remit the balance in my favour to my CHF current account at a bank in Switzerland. HSCB made the remittance without raising any question. For the OP, it seems to be merely a question of finding an employee at his Thai Bank, the UOB, who is familiar with these rules. 1 Link to comment Share on other sites More sharing options...
Maestro Posted January 12, 2022 Share Posted January 12, 2022 On the web page https://www.uob.co.th/personal-en/download-forms.page, UOB has the link to the form Application for International Transfer, which probably is the form the OP will have use for his transfer order. 1 Link to comment Share on other sites More sharing options...
DrJoy Posted January 12, 2022 Share Posted January 12, 2022 In K Bank , you can do swift transfer in EUR thru the application itself. Limit is 49,999 USD, equivalent in other currencies. I have done it several times, painless and efficient. 2 Link to comment Share on other sites More sharing options...
Maestro Posted January 12, 2022 Share Posted January 12, 2022 13 minutes ago, DrJoy said: In K Bank , you can do swift transfer in EUR thru the application itself... The OP has his FCD account at UOB and therefore would not be able to use the e-banking app of Kasikorn Bank (K-Bank) for the transfer he wishes to make. Link to comment Share on other sites More sharing options...
Maestro Posted January 12, 2022 Share Posted January 12, 2022 (edited) 8 hours ago, Confuscious said: As far as I uderstood the email from UOB, they would send the funds back ONLY if the funds had been send to Thailand by SWIFT and marked that it was for VISA purposes. My devices are in EURO, which makes a little bit more complicated. But the bank(s) seem to have made an agreement that if the money was brought to Thailand by SWIFT for Visa purposes, they would send it back in the same way and to the same bank when you leave the country. I do not understand what you mean with "My devices are in EURO". Bank accounts gets opened and closed. Ask UOB to give you a copy of the name of the law and applicable section number or the government rule or regulation published in the Government Gazette requiring that the Thai bank is allowed to make the remittance only to the same foreign bank account from which the original remittance to UOB originated. How did you remit money from Europe to your FCD account at UOB if not by SWIFT? I can't think of any other way. P.S. ???? It just occurred to me that you might be of French mother tongue and with "devices" you meant "currencies" French: devises English: currencies For the purpose of a remittance from your FCD account at UOB to your bank account in Europe, the fact that these two accounts are denominated in EUR makes no difference. The same Thai rules apply to all currencies. Edited January 12, 2022 by Maestro added postscript Link to comment Share on other sites More sharing options...
Confuscious Posted January 12, 2022 Author Share Posted January 12, 2022 (edited) 4 hours ago, Maestro said: I do not understand what you mean with "My devices are in EURO". Devices = Currency 4 hours ago, Maestro said: Bank accounts gets opened and closed. Ask UOB to give you a copy of the name of the law and applicable section number or the government rule or regulation published in the Government Gazette requiring that the Thai bank is allowed to make the remittance only to the same foreign bank account from which the original remittance to UOB originated. It is not a law. It is a rule of the bank that every foreign currency transferred to the bank account by SWIFT and with the Note that it is for Visa purposes will be transferred back to the original bank without conversion to Thai Baht. Capice? 4 hours ago, Maestro said: How did you remit money from Europe to your FCD account at UOB if not by SWIFT? I can't think of any other way. I said already several times that the money (funds, currency, or whatever) was sent to UOB by SWIFT with the note that it was for Visa purposes. Please, try to follow the thread before making comments. 4 hours ago, Maestro said: P.S. ???? It just occurred to me that you might be of French mother tongue and with "devices" you meant "currencies" French: devises English: currencies I am not French, but that is up to you. 4 hours ago, Maestro said: For the purpose of a remittance from your FCD account at UOB to your bank account in Europe, the fact that these two accounts are denominated in EUR makes no difference. The same Thai rules apply to all currencies. I don't know which rules you are at, but in this case there will be NO conversion to Thai baht. Edited January 12, 2022 by Confuscious Send before ready 1 Link to comment Share on other sites More sharing options...
Confuscious Posted January 12, 2022 Author Share Posted January 12, 2022 https://www.bangkokbank.com/-/media/files/personal/other-services/view-rates/table5/feesfcd_table5_1feb2022_en.pdf?la=en&hash=2E5AA1DFFA37F8B63B97D492A84E5DF4E9FEBC6A Link to comment Share on other sites More sharing options...
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