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Posted

I'm going to receive a large paper check in usa dollar.  I have baht accounts in Kasikorn, Bangkok Bank, and SCB.  I would prefer using Kasikorn
1. Can I deposit it , and they do the fx conversion to baht, or will I need to open a us dollar account.
2. Will I have trouble sending some out of Thailand.
3. Will Thailand consider it income.  I don't consider it income, as it is only a partial reimbursement from a company that went bankrupt

Posted

You can deposit the cheque into your baht account.  It'll take few weeks to be processed, though.

 

Transferring money out of Thailand can be problematic.

 

It's not income; it's return of capital.

 

If you already have a US bank account, it might be better to deposit into that account.  That should be doable online.  And if not, look into Paypal and its mobile check deposit feature.

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