Hi,

Did anyone bring in more than USD 20.000.- cash and declared it at customs at Suvarnabhumi airport?

- How was the process? Easy / difficult / frightening?

- Did they ask you about the source of funds?

- Did you get an FET form? 

 

Thanks

I wish I could.

I did it 11 years ago, at that time it was all very simple, no questions asked and they didn't even ask to see the bills, they recorded my declaration on their register and gave me a receipt.

On 2/14/2023 at 5:53 PM, Berti said:

Did anyone bring in more than USD 20.000.-

Just a heads up that a while ago (some years) it was posted that this figure had been reduced to 15k USD.......

I can't find the link at the moment.

Correct, import of foreign currency exceeding the equivalent of USD15,000 has to be declared.

 

See https://www.bot.or.th/Thai/FIPCS/Documents/FOG/2560/ThaiPDF/25600055.pdf 

Also bear in mind that, depending where you're travelling from, you may well need to declare the cash on departure.

 

Eg the UK requires this for amounts of £`10,000 or more for the combined group you're travelling with. Even if you have less than this, they have sniffer dogs specifically trained to find cash. If signalled and even if your cash amount is well under £10k, they can confiscate it on the spot if you cannot prove right there and then how you obtained it. Many flights have been missed and holidays ruined because of this. That £10,000 or more limit is not just cash either. Covers some cheques, bullion and a few other things.

Why would anybody bring that high amount of cash? If you plan on using it all here make sure you check all the notes for imperfections! Some exchange and banks get anal and want pristine bills. Also some exchange places will only do a max of 4k per day!

Risky 

29 minutes ago, riclag said:

Some exchange and banks get anal and want pristine bills.

It is a commodity. You wouldn't want bruised apples would you????

4 hours ago, VocalNeal said:

It is a commodity. You wouldn't want bruised apples would you????

Some people aren’t aware of this , especially new comers to Thailand.

In my country 100 dollar notes often have random rubber stamp markings, random pen marks, corners ripped ! 

When one brings cash they expect to be able to exchange all the notes and not have to hold on to them cause Thailand institutions  refuse to honor them.