Thai banks cares about white washing-rules, like many bank around the World. To my knowledge the banks don't report to the tax office, but for larger foreign transfers — equivalent to US$50,000 — they report to Bank of Thailand. If you are an account owner over a longer period and regularly receive foreign transfers, modest 200k baht is not a sum in a level to care about. I do some transfers during a year between 100k and 200k baht, and I've never had any questions about that.
Create an account or sign in to comment