I have chequing accounts in both the US and Canada.

I have a USD account here.

Can I simply write myself a cheque to deposit into my USD or THB bank account?

Has anyone had personal experience with the incoming 15% tax?

Everything seems to be digital nowadays. I last wrote a cheque in 2014.

No experience with the 15% tax. It does not apply to pre-2024 savings. Its status with double taxation agreements (DTA) is a grey area.

I suggest you wait until the Thai tax authorities come to you. I have been waiting for 2 years.

I inquired about this at Bangkok Bank (Huahin Blueport Branch FWIW) and was told that yes, I could write a check to myself, but there would be a 30 day hold.

Your mileage may vary

57 minutes ago, Airalee said:

I inquired about this at Bangkok Bank (Huahin Blueport Branch FWIW) and was told that yes, I could write a check to myself, but there would be a 30 day hold.

Your mileage may vary

Cool! I do use Bangkok Bank for my USD account. Very glad to hear this!!! I'm worried about the 15% for incoming from overseas although the savings at BoA saw its last deposit befor January 1st, 2024.

I'm more worried about the USD in freefall because of the enormous US debt. Wonder if yuan might be better.

3 hours ago, unblocktheplanet said:

I do use Bangkok Bank for my USD account.

Irrespective of any potential tax presume that you understand the standard bank charges?

https://www.bangkokbank.com/-/media/files/personal/other-services/view-rates/table5/feesfcd_table5_30mar2026_en.pdf

0.25%, minimum 500 baht, no maximum.

6 hours ago, unblocktheplanet said:

Has anyone had personal experience with the incoming 15% tax?

What exactly is this supposed to refer to as I am not aware of any specific "incoming 15% tax"..........

Withholding tax on interest received in banks is normally 15% but there is no incoming tax on foreign remittances. Whether you should be paying tax on foreign remittances is another whole different ballgame and dependant on many factors but is not automatically taken by the bank.........

2 hours ago, topt said:

Irrespective of any potential tax presume that you understand the standard bank charges?

https://www.bangkokbank.com/-/media/files/personal/other-services/view-rates/table5/feesfcd_table5_30mar2026_en.pdf

0.25%, minimum 500 baht, no maximum.

What exactly is this supposed to refer to as I am not aware of any specific "incoming 15% tax"..........

Withholding tax on interest received in banks is normally 15% but there is no incoming tax on foreign remittances. Whether you should be paying tax on foreign remittances is another whole different ballgame and dependant on many factors but is not automatically taken by the bank.........

2 hours ago, topt said:

Irrespective of any potential tax presume that you understand the standard bank charges?

https://www.bangkokbank.com/-/media/files/personal/other-services/view-rates/table5/feesfcd_table5_30mar2026_en.pdf

0.25%, minimum 500 baht, no maximum.

What exactly is this supposed to refer to as I am not aware of any specific "incoming 15% tax"..........

Withholding tax on interest received in banks is normally 15% but there is no incoming tax on foreign remittances. Whether you should be paying tax on foreign remittances is another whole different ballgame and dependant on many factors but is not automatically taken by the bank.........

Wow, thanks! Yes, 'standard bank charges', got it.

I thought it was announced a couple of years ago that foreign remittances would be charged 15%. Was this never implemented?

Regarding any possible tax liability, I think I'll let lying dogs sleep!

10 hours ago, unblocktheplanet said:

I thought it was announced a couple of years ago that foreign remittances would be charged 15%. Was this never implemented?

Possibly confusion over Corporate tax implementation 2025 along with kite flying on here and elsewhere..........