Bring Cash To Thailand

[zenplay]

Hello,

Do you know if there are administrative/customs fomalities to bring cash money from Europe to Thailand ?

Thank you

zenplay

[Thanyaburi Mac]

Looks like US$$$ 20,000 equivalent must be declared. Note, "declared," not illegal to exceed that amount, at least that's what it says.

http://www.customs.go.th/Customs-Eng/Traveller/TravelEng.jsp?menuNme=Travel

Currency Limitation

For Thai currency, the amount of Baht 50,000 or more must be reported on departure to Customs, except those traveling to Lao PDR., Myanmar, Cambodia, Malaysia, and Vietnam are allowed to take out Thai currency not exceeding 500,000 Baht.

For Foreign currency, any person who brings or takes and aggregate amount of foreign currency exceeding USD 20,000 or its equivalent out of or into the Kingdom of Thailand shall declare such amount of foreign currency to Customs. Failure to declare or make false declaration is a criminal offence.

Mac

[BWPattaya]

You didn't mention which currency you are wanting to bring. If it is Engliah, Pounds, there is a limit that you are allowed to bring out of the country. Hence cash sniffer dogs at the airport. All in the name of anti-terrorism and money laundering of course.

[personchester]

Looks like US$$$ 20,000 equivalent must be declared. Note, "declared," not illegal to exceed that amount, at least that's what it says.

http://www.customs.g...?menuNme=Travel

Currency Limitation

For Thai currency, the amount of Baht 50,000 or more must be reported on departure to Customs, except those traveling to Lao PDR., Myanmar, Cambodia, Malaysia, and Vietnam are allowed to take out Thai currency not exceeding 500,000 Baht.

For Foreign currency, any person who brings or takes and aggregate amount of foreign currency exceeding USD 20,000 or its equivalent out of or into the Kingdom of Thailand shall declare such amount of foreign currency to Customs. Failure to declare or make false declaration is a criminal offence.

Mac

I transfered GBP 20,000 from the UK via electronic transfer to my bank inThailand, of coure there is no facility to report this to customs, however, on some occasions (not always) the Bangkok head office of the receiving bank will contact via phone asking for the reason of the transfer and after giving the appropriate reply the matter is closed.

But there is no reaction from the bank for transfers below the above amount i.e. GBP 10,000.

[wolf5370]

Looks like US$$$ 20,000 equivalent must be declared. Note, "declared," not illegal to exceed that amount, at least that's what it says.

http://www.customs.g...?menuNme=Travel

Currency Limitation

For Thai currency, the amount of Baht 50,000 or more must be reported on departure to Customs, except those traveling to Lao PDR., Myanmar, Cambodia, Malaysia, and Vietnam are allowed to take out Thai currency not exceeding 500,000 Baht.

For Foreign currency, any person who brings or takes and aggregate amount of foreign currency exceeding USD 20,000 or its equivalent out of or into the Kingdom of Thailand shall declare such amount of foreign currency to Customs. Failure to declare or make false declaration is a criminal offence.

Mac

I transfered GBP 20,000 from the UK via electronic transfer to my bank inThailand, of coure there is no facility to report this to customs, however, on some occasions (not always) the Bangkok head office of the receiving bank will contact via phone asking for the reason of the transfer and after giving the appropriate reply the matter is closed.

But there is no reaction from the bank for transfers below the above amount i.e. GBP 10,000.

Did the UK bank query it? The most I have xferred in one go is £6k - no Q's either end. I remember doing it in person at NatWest once when I was in theUK (just £4k) and they wanted to know why (for money laundering reasons they said) - I told them I got a better savings rate in Thailand (which was a lie, but they peed me off at the time).

[personchester]

Looks like US$$$ 20,000 equivalent must be declared. Note, "declared," not illegal to exceed that amount, at least that's what it says.

http://www.customs.g...?menuNme=Travel

Currency Limitation

For Thai currency, the amount of Baht 50,000 or more must be reported on departure to Customs, except those traveling to Lao PDR., Myanmar, Cambodia, Malaysia, and Vietnam are allowed to take out Thai currency not exceeding 500,000 Baht.

For Foreign currency, any person who brings or takes and aggregate amount of foreign currency exceeding USD 20,000 or its equivalent out of or into the Kingdom of Thailand shall declare such amount of foreign currency to Customs. Failure to declare or make false declaration is a criminal offence.

Mac

I transfered GBP 20,000 from the UK via electronic transfer to my bank inThailand, of coure there is no facility to report this to customs, however, on some occasions (not always) the Bangkok head office of the receiving bank will contact via phone asking for the reason of the transfer and after giving the appropriate reply the matter is closed.

But there is no reaction from the bank for transfers below the above amount i.e. GBP 10,000.

Did the UK bank query it? The most I have xferred in one go is £6k - no Q's either end. I remember doing it in person at NatWest once when I was in theUK (just £4k) and they wanted to know why (for money laundering reasons they said) - I told them I got a better savings rate in Thailand (which was a lie, but they peed me off at the time).

No, there has never been a query from the UK bank.

Re: Money laundering ... this is concern for the receiving bank (not the transfering bank) and I am surprised the NatWest clerk

did ask this, after all the money came from their own accounts so they knew its background was clean / clear, perhaps he was

new at the job, and somewhat confused,

[tropo]

Re: Money laundering ... this is concern for the receiving bank (not the transfering bank)

Receiving banks are not concerned at all and want all the money they can get. The government has regulations which they must follow. Just asking a person what the money is for is hardly going to prevent money laundering, but that's normally all the banks do. How often do they ask for hard evidence to show where the money originated?