Taking Thai Baht(Cash) Out Of Thailand

[splodger]

How much cash,baht can i legally take out of Thailand?

[sunshinegirl]

http://www.bot.or.th/English/ForeignExchangeRegulations/FXRegulation/Pages/ExchangeControlLaw.aspx

Local Currency.

There is no restriction on the amount of Thai baht bank notes that may be brought into the country. A person traveling to Thailand's bordering countries including Vietnam is allowed to take out up to THB 500,000 and to other countries up to THB 50,000, respectively, without authorization.

We have just left Thailand after my hubby finished a contract. We had to electronically transfer the money out and even that was a hassle. It will really depend on how much you want to take out. You could take out more and carry it but risk getting stopped

[IamNotaNumber]

Why take cash Baht out of Thailand? Apart from in nearby poorer countries like Cambodia and Laos, you will probably get a very poor exchange rate when changing it as it has no use elsewhere.

If I wanted to take cash out of Thailand I would change it to some major currency first.

[ThaiBob]

Moderators - This topic would get more action on the Banking Forum.

[Rimmer]

This is true and I shall move it there

[yoshiwara]

Convert the baht into $ or £ before you leave. $20k limit per trip.

[anto]

Convert the baht into $ or £ before you leave. $20k limit per trip.

Why do you not mention Euro ?

[yoshiwara]

Convert the baht into $ or £ before you leave. $20k limit per trip.

Why do you not mention Euro ?

No particular reason. You could convert the baht into any currency before you go with equivalent $20k max.

[Postmaster]

Anto. Isn't the Euro losing value ? 12 months ago the Euro was par with £ Sterling GBP One for one. Now its something like 1.28 euro to the £ Sterling so why would you want to convert it to an ailing currency ? Surely conversion to the $USD or £Sterling makes more sense ?

[IamNotaNumber]

Anto. Isn't the Euro losing value ? 12 months ago the Euro was par with £ Sterling GBP One for one. Now its something like 1.28 euro to the £ Sterling so why would you want to convert it to an ailing currency ? Surely conversion to the $USD or £Sterling makes more sense ?

Actually it's more that the GBP that has gained in value against the EUR over the last year or so, having lost about 30% of it's value against the EUR during the previous few years. Not so long ago it was nearly 1.5 EUR to the GBP.

[Naam]

Anto. Isn't the Euro losing value ? 12 months ago the Euro was par with £ Sterling GBP One for one. Now its something like 1.28 euro to the £ Sterling so why would you want to convert it to an ailing currency ? Surely conversion to the $USD or £Sterling makes more sense ?

the EUR was never at par with GBP except for cash transaction for a short period (end2008) EURGBP reached a high of nearly 98.

a year ago one EUR bought 86.4 Pounds.

[yoshiwara]

a year ago one EUR bought 86.4 Pounds.

Your decimal point appears to have gone walkies.

[Naam]

a year ago one EUR bought 86.4 Pounds.

Your decimal point appears to have gone walkies.

when you are right... you are right

[Paangjang]

Will i get a better exchange rate for my ฿ to $ in Thailand, or is it better to take it to the states and exchange it there?

[Naam]

Will i get a better exchange rate for my ฿ to $ in Thailand, or is it better to take it to the states and exchange it there?

if you take Baht to the States to convert them into Dollars you will be royally screwed!