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$20,000 Usd Xfer Into Thai Bank.....

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Is that goofy rule about $20,000 or greater xfer into a Thai bank still in force? Where the bank holds a percentage of the money (for a year if memory is correct).

Should I play it safe and inform the bank before the xfer? (Money is being used to buy land).

Is that goofy rule about $20,000 or greater xfer into a Thai bank still in force? Where the bank holds a percentage of the money (for a year if memory is correct).

Should I play it safe and inform the bank before the xfer? (Money is being used to buy land).

No they dont hold back money - just put on the tranfer the 'reason' ( purchasing land

Johnb

And if you want to send it out again, make sure you get a piece of paper from your bank showing that you brought the money in.

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