HappyExpat57 Posted March 23 Share Posted March 23 I'm in the US at the moment. Is the overall exchange better to send $20k via Wise to SCB or physically take the cash with me to personally deposit (which, of course, would be reported to the US gubmint before boarding the plane)? Link to comment Share on other sites More sharing options...
Popular Post flyingtlger Posted March 23 Popular Post Share Posted March 23 Why risk the hassle of carrying 20K and God forbid, risk losing it. Just wire it. Even if it might cost a little more, it'll be worth the peace of mind..... 1 1 1 2 Link to comment Share on other sites More sharing options...
ezzra Posted March 24 Share Posted March 24 Check to see what will you get for a transfer and how much for cash and if the different is negligible than just transfer it as some time can can up with better rate in cash from money changers... Link to comment Share on other sites More sharing options...
Skipalongcassidy Posted March 24 Share Posted March 24 The problem with carrying $20,000 usd is one of bulk... $100 bills are the largest usd so that would be 2000 bills... can't just fold it and stick it in your pocket... I did it recently with a money belt but was searched at airport... no big deal just inconvenient. 3 2 2 Link to comment Share on other sites More sharing options...
Popular Post macahoom Posted March 24 Popular Post Share Posted March 24 47 minutes ago, Skipalongcassidy said: The problem with carrying $20,000 usd is one of bulk... $100 bills are the largest usd so that would be 2000 bills... can't just fold it and stick it in your pocket... I did it recently with a money belt but was searched at airport... no big deal just inconvenient. Ha! You seem to have a problem with your mathematics. 2000 X 100 = $200,000. He'd only need to carry 200 bills. Of course, you're gonna tell us now it was a typo. Sure! 1 2 Link to comment Share on other sites More sharing options...
Gottfrid Posted March 24 Share Posted March 24 49 minutes ago, Skipalongcassidy said: The problem with carrying $20,000 usd is one of bulk... $100 bills are the largest usd so that would be 2000 bills... can't just fold it and stick it in your pocket... I did it recently with a money belt but was searched at airport... no big deal just inconvenient. No, it would only be 200 bills. 200 x 100 equals 20 000 2 Link to comment Share on other sites More sharing options...
Skipalongcassidy Posted March 24 Share Posted March 24 Thank you all for correcting my math and taking away my "typo" excuse... still allot of bills to fold Link to comment Share on other sites More sharing options...
Popular Post Gottfrid Posted March 24 Popular Post Share Posted March 24 7 minutes ago, Skipalongcassidy said: Thank you all for correcting my math and taking away my "typo" excuse... still allot of bills to fold So, don´t fold them, then. 1 2 Link to comment Share on other sites More sharing options...
lopburi3 Posted March 24 Share Posted March 24 Normally it is cost effective to SWIFT transfer USD from your US bank to Thai bank for such amounts (as Wise fee increases with the amount sent). Just make sure your US bank does not do the converting to Thai baht. 1 Link to comment Share on other sites More sharing options...
Lemsta69 Posted March 24 Share Posted March 24 (edited) 15 minutes ago, Skipalongcassidy said: Thank you all for correcting my math and taking away my "typo" excuse... still allot of bills to fold It's not that big, you could easily fit this lot into one of those big fanny packs or a man bag if you have one. Edited March 24 by Lemsta69 Link to comment Share on other sites More sharing options...
Skipalongcassidy Posted March 24 Share Posted March 24 3 minutes ago, Lemsta69 said: It's not that big, you could easily fit this lot into one of those big fanny packs or a man bag if you have one. Yes... go ahead and put them in a man bag or backpack... now they are at risk of becoming missing during scanning at the airports for sure... when I go through airport scanning with any cash I have it in a money belt or in my hand... they cannot refuse to let you carry it in your hand. Link to comment Share on other sites More sharing options...
BKKBike09 Posted March 24 Share Posted March 24 1 hour ago, HappyExpat57 said: 'm in the US at the moment. Is the overall exchange better to send $20k via Wise to SCB or physically take the cash with me to personally deposit (which, of course, would be reported to the US gubmint before boarding the plane)? Good time to change USD to THB. Rate is predicted to weaken further - it's already at a pleasing 36+ and some predictions are may go to over 37 - in next couple of weeks. Just look at the SCB web site and say Vasu to get an idea (based on Friday's closing rates) what the difference would be. You'd make an extra THB 6500 or so. Vasu = 725,400 SCB = 718,800 Link to comment Share on other sites More sharing options...
Hellfire Posted March 24 Share Posted March 24 2 hours ago, BKKBike09 said: Good time to change USD to THB. Rate is predicted to weaken further - it's already at a pleasing 36+ and some predictions are may go to over 37 - in next couple of weeks. Just look at the SCB web site and say Vasu to get an idea (based on Friday's closing rates) what the difference would be. You'd make an extra THB 6500 or so. Vasu = 725,400 SCB = 718,800 It is close to 18 years high. It can go up a bit, but the chances it will go higher than 38 are slim, imho. Link to comment Share on other sites More sharing options...
Hellfire Posted March 24 Share Posted March 24 2 hours ago, Lemsta69 said: It's not that big, you could easily fit this lot into one of those big fanny packs or a man bag if you have one. The most informative video I have ever seen Link to comment Share on other sites More sharing options...
bendejo Posted March 24 Share Posted March 24 4 hours ago, HappyExpat57 said: or physically take the cash with me Upon going through an immigration or security checkpoint: "What have you there? Let me see. Oooohhh....." 1 Link to comment Share on other sites More sharing options...
ravip Posted March 24 Share Posted March 24 Isn't there a limit that you can carry cash internationally? I thought it was around USD 10,000/- 1 Link to comment Share on other sites More sharing options...
Ralf001 Posted March 24 Share Posted March 24 3 hours ago, Skipalongcassidy said: Thank you all for correcting my math and taking away my "typo" excuse... still allot of bills to fold Its only 2 stacks. Dont fold em. Link to comment Share on other sites More sharing options...
Popular Post Ralf001 Posted March 24 Popular Post Share Posted March 24 6 minutes ago, ravip said: Isn't there a limit that you can carry cash internationally? I thought it was around USD 10,000/- There is no limit but you have to declare if more than 10k. 1 2 Link to comment Share on other sites More sharing options...
Liverpool Lou Posted March 24 Share Posted March 24 3 hours ago, Gottfrid said: 3 hours ago, Skipalongcassidy said: Thank you all for correcting my math and taking away my "typo" excuse... still allot of bills to fold So, don´t fold them, then. Exactly. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted March 24 Share Posted March 24 8 minutes ago, Ralf001 said: 15 minutes ago, ravip said: Isn't there a limit that you can carry cash internationally? I thought it was around USD 10,000/- There is no limit but you have to declare if more than 10k. Declaration amounts depend on the regulations of the departure country and the arrival country...only cash exceeding $20k value into Thailand has to be declared, for example. Link to comment Share on other sites More sharing options...
Chivas Posted March 24 Share Posted March 24 1 hour ago, Hellfire said: It is close to 18 years high. It can go up a bit, but the chances it will go higher than 38 are slim, imho. Nope lol Thats a one year graph let alone close to 18 year high ! Link to comment Share on other sites More sharing options...
Ralf001 Posted March 24 Share Posted March 24 (edited) 12 minutes ago, Liverpool Lou said: Declaration amounts depend on the regulations of the departure country and the arrival country...only cash exceeding $20k value into Thailand has to be declared, for example. When departing the USA cash over 10k needs to be declared. Edited March 24 by Ralf001 Link to comment Share on other sites More sharing options...
Dcheech Posted March 24 Share Posted March 24 YES you will get a better rate & less fees, if you bring cash back and exchange at Superich or SK, than you would by Wise or bank transfers. Next trip I will be bring back 10K (or is it 15?), just in case there is anything to this 'tax thing-y'. Link to comment Share on other sites More sharing options...
Liverpool Lou Posted March 24 Share Posted March 24 14 minutes ago, Ralf001 said: When departing the USA cash over 10k needs to be declared. I know, that's what I posted... "Declaration amounts depend on the regulations of the departure country..." Link to comment Share on other sites More sharing options...
lkn Posted March 24 Share Posted March 24 3 hours ago, Lemsta69 said: It's not that big, you could easily fit this lot into one of those big fanny packs or a man bag if you have one. That video is a bit misleading, as they only put 20 bills in each stack. Normally you put 100 bills in a stack and that makes the stack slightly smaller than my iPhone 15 Pro (regular size). So carrying $20K in cash is roughly the same as carrying two extra mobile phones. Link to comment Share on other sites More sharing options...
Ralf001 Posted March 24 Share Posted March 24 9 minutes ago, Liverpool Lou said: I know, that's what I posted... "Declaration amounts depend on the regulations of the departure country..." Good for you, Lou. Link to comment Share on other sites More sharing options...
NanLaew Posted March 24 Share Posted March 24 5 hours ago, Skipalongcassidy said: they cannot refuse to let you carry it in your hand. Not even those TSA blue shirts? Link to comment Share on other sites More sharing options...
NanLaew Posted March 24 Share Posted March 24 Before he even gets anywhere close to stuffing his fanny pack and heading to the airport, the OP should check how easy it is to get two ten grand bundles of crispy new Benjamins from his bank. 1 1 Link to comment Share on other sites More sharing options...
gamb00ler Posted March 24 Share Posted March 24 (edited) 6 hours ago, Hellfire said: It is close to 18 years high. It can go up a bit, but the chances it will go higher than 38 are slim, imho. In Mar. 2006 I got 39.19 per US$ via the old Bangkok bank NY method. I don't count that as being close to 36.37 Edited March 24 by gamb00ler Link to comment Share on other sites More sharing options...
Hellfire Posted March 24 Share Posted March 24 20 minutes ago, gamb00ler said: In Mar. 2006 I got 39.19 per US$ via the old Bangkok bank NY method. I don't count that as being close to 36.37 This is my point when I talk about 18 years. It never was on those levels since 2006. Link to comment Share on other sites More sharing options...
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