seanog Posted October 18, 2013 Share Posted October 18, 2013 (edited) Hi, has anybody tried to transfer large sums (100k + sterling) out of Thailand recently. I did so 3 months ago no problem. Yes I have all Tor Tor Sams and the funds are going back to my originating account. I am now told that this will not suffice as I now need to prove that my business in Thailand has been sold and tor tor sams are irrelevant? I have tried more than one bank and they all say New Rules from Bank of Thailand ???? Edited October 18, 2013 by metisdead Please do not post using all caps. Topic title edited to remove all caps. Link to comment Share on other sites More sharing options...
phitsanulokjohn Posted October 21, 2013 Share Posted October 21, 2013 They love to see the money coming in, but sure as hell hate to see it leaving.It reminds me of the Hotel California.''You can check out anytime.but you can never leave'' Link to comment Share on other sites More sharing options...
phitsanulokjohn Posted October 21, 2013 Share Posted October 21, 2013 They love to see the money coming in, but sure as hell hate to see it leaving.It reminds me of the Hotel California.''You can check out anytime.but you can never leave'' Link to comment Share on other sites More sharing options...
wordchild Posted October 21, 2013 Share Posted October 21, 2013 (edited) Its not ideal I know but if you keep each transfer under 50000 USD which is the BOT reporting level there should be no issue. this is the level beyond which your bank needs to ask you for proof of the origin of the funds in Thailand. eg transfer 30000 pounds every day for a few days and you will get the job done. Bangkok Bank suggested I do this once when I was unsure I had all the paperwork. Edited October 21, 2013 by wordchild Link to comment Share on other sites More sharing options...
seanog Posted October 23, 2013 Author Share Posted October 23, 2013 Cheers, thanks for that, I will try but as usual my bank did not suggest this. Link to comment Share on other sites More sharing options...
seanog Posted November 5, 2013 Author Share Posted November 5, 2013 Has anybody had problems doing Outward transfers even though Tor Tor Sams were in order? Link to comment Share on other sites More sharing options...
johnnyk Posted February 27, 2014 Share Posted February 27, 2014 Its not ideal I know but if you keep each transfer under 50000 USD which is the BOT reporting level there should be no issue. this is the level beyond which your bank needs to ask you for proof of the origin of the funds in Thailand. eg transfer 30000 pounds every day for a few days and you will get the job done. Bangkok Bank suggested I do this once when I was unsure I had all the paperwork. Can anyone else confirm this? Link to comment Share on other sites More sharing options...
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