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Posted

Hello guys just a quick question
Anyone know how you can exchange large amount of money from USD to TB?

example 1mil USD how would you bring it to thailand and exchange it? (dont have 1million just a scenario lol)

Posted

You wouldnt carry cash thats for sure, over 10k usd has to be declared or you coukd have it confiscated. The logical alternative is bank transfer, although there are also numerous other methods such as fx type companies and good old western union.

Larger amounts also require paperwork from Thailand regarding its use or you will never take it out of the country again.

 

 

Posted

My brother recently sold some property, had $300,000 sent to him in a bank transfer, took a while but no problems with the money getting here.

Cheers:wai2.gif

Posted

I believe it's over $20,000 USD that needs to be declared.

1 mil USD? right, why ask if you don't have?

I'd think the bank transfer would be the sensible way.

Posted

thaks for those who answer and i ask because soon i'll have from insurance and those who say "why ask" i would have to say people are curious and they ask strange question and need answer if you dont want to answer you dont need to know why since its personal.

Posted

thaks for those who answer and i ask because soon i'll have from insurance and those who say "why ask" i would have to say people are curious and they ask strange question and need answer if you dont want to answer you dont need to know why since its personal.

Ah... I see... Husband's life insurance? Does he know you will soon cash it in? whistling.gifcoffee1.gifbeatdeadhorse.gif

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