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Posted

I transferred money from the US to Thailand about a year ago. I transferred part of it back about 6 months ago. The banker asked why I am transferring the money back. I said for investment purposes (which is what it was used for).

I will transfer another part of it back soon. I thought I read a post sometime back that recommended I should say I am transferring it for 'personal purposes' rather than for 'investment purposes'.

Maybe 'personal purposes' is more general. 'Investment purposes' may sound like I don't think Thailand is a good place to invest.

Posted
I transferred money from the US to Thailand about a year ago. I transferred part of it back about 6 months ago. The banker asked why I am transferring the money back. I said for investment purposes (which is what it was used for).

I will transfer another part of it back soon. I thought I read a post sometime back that recommended I should say I am transferring it for 'personal purposes' rather than for 'investment purposes'.

Maybe 'personal purposes' is more general. 'Investment purposes' may sound like I don't think Thailand is a good place to invest.

I remembered filling in a form once and I put "Buy Rice" as the reason,

they changed it to living expenses ...

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