How To Take Cash Assets Out Of Thailand?

[ray23]

New Dep FM wants to devalue the Baht

Expats can now transfer OUT up to $20,000 on-line (BUT...)

Thai Baht value depreciates while SET index rises

Bankers complain about new bank law (no loans to relatives)

Bank of Thailand PPP appointees to remove BoT Gov?

Thaksin/PPP cronies now 'run' BoT and Govt banks

http://www.bahtsold.com/forum/viewtopic.php?t=3285

Bot I can see his guy and the BOT at odds. Not even going to try to go into all of this, it covers several day of news releases. I found it interesting that you can transfer up to $20,000 on line. Which leaves an intertign question. Say you want to leave ( I don't just curious) you sell all your holdings here and you haev say three million Bhat in the bank. What are the methods available to take them out of the country?

Lets say you immigration in the states with $75,000 on cash. I would think you better have some supporting documentation where it came from these days.

By the way I never found anything in the articles about 20K on line

[bendix]

Interbank transfer. What's the big deal? I regularly use it to send over $20,000 to overseas accounts. Costs 400 baht.

[ray23]

Probably isn't one I think they are talking about the new law that went isto effect. But as I said the heading says that but I didn't see anything, in the reports. You know clear as mud, if your already doing it, I doubt there is a problem.