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Posted

I understand that I can transfer money out of Thailand the was tranferred into Thailand in the first place. In 2005 I transferred money from the UK into a business. At the time is was 70  baht to the pound, those were the days. Now it is about 43 to pound. For example 1 million baht was £14, 285 but is now £23,256. Can I transfer all of the 1 million baht back to the UK and the and the profit on the exchange rate is my good luck or will the Thai bank reduce the amount I can transfer?

Posted

In researching to help a friend send funds back home, I found that Bangkok and Kasikorn banks allow you to easily send up to 2 million ฿ per transfer.  My friend didn't have to prove the funds were previously brought into Thailand but he did have to give a reason for the transfer.  One banker did insist that my friend show a bill when he said funds were to pay for his family to come visit him.

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