I'll be flying home soon and wondered what's the best option?

 

Mixed opinions on here whether to use Dee Money or withdraw the cash and change it in my home country

 

I've read that large sums of cash have to be declared when flying so that makes me a little nervous

 

Wanting to take/transfer about 50,000 THB

The exchange rate you will get at home for Thai Baht is likely to be pretty poor. I would suggest changing Baht into your home currency and carry it with you.

When you are there if you run low, your ATM card offers a much better rate than cash, as long as your bank allows international withdrawals, which all of my accounts do.

It is only large amounts over $10,000 USD which needs to be declared.

You can take out the equivalent of 20,000 USD cash if not in THB, max cash for THB is 50,000

Option to change at the basement Bangkok airport, usually very good rate at Super Rich, 50,000 no problem some change 1m baht

Just supporting: don't take Thai cash/notes home.

Rates are ridiculously bad.

Change cash here to your currency or some easy to handle like USD/EUR/GBP.

From what I have seen in the past the overall rate with DeeMoney is worse than carrying cash.

Just buy some crypto from it on a thai exchange and then use that back home to your home conversion, you likely even make a small profit. Satang.com is a fast exchange.

Edited March 2, 20224 yr by ChaiyaTH