Why many are talking about the 60/120k thresholds. According to the 2023 TRD guide, these are the thresholds:
https://www.rd.go.th/fileadmin/download/english_form/2023/GUIDE_91_66_Complete.pdf
As regards a request to the SCB to transfer 50K baht out of the country :
It could be sent (1) to a personal named account in another country, or (2) to a company's account in another country if an invoice for the exact amount could be provided.
Unfortunately, neither of these conditions could be met as the money was intended for a brokerage-type account for investment.
And the intended-recipient company required that the money come from the Thai bank account that was designated to be linked to the investment account they provide.
As this intended transfer was not for myself, the money could therefore not be routed through my UK bank account.
The only possibility, the SCB said, was to apply to The Bank of Thailand for exemption from the rule.
That's true, but you can still find good deals through such dealers—you just need to know what you're looking for and have a trusted mechanic inspect the car before purchasing
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