Need to take large amount if $$ out if Thailand

[MobileContent]

Better to take out bit by bit or in jewelry. Any cash in big amounts are usually disallowed and I know for sure even the Indonesian girls bring back jewelry by wearing it on their bodies and having it in the cake too on board. Some years ago, Mohd Taib of Malaysia, then the Menteri Besar of Selangor was stopped by checkpoint for carrying a few million dollars back to Malaysia from and to Australia. We thought he was acting silly doing this despite the diiplomatic channel.

He was actually court bringing the money into Australia and didn't declared it. BTW It was around 1.4 million Dollars or 3.8 million RM. All he had to do is declare that he brings that money in and he would have been fine. Claiming that he doesn't speak English was the best of all. I mean I met him once in KL and his English is really poor so I had to talk to him in Bahasa. The MP that came after him wasn't better either. He was my neighbor at the Maple on Jalan Ipoh and his name was Khalid. He was kicked out after by PKR.

[YeaBiGgiEs]

Quite easy as I've done it before.... You are allowed 10k in cash to bring in NOT A PENNY OVER OR ELSE YOU FILL OUT A FORM..

And go to your bank here and have them turn the money into BANK CHECKS.. I did it at KASIKORN a year ago 27k in increments of 9000. AGAIN, in the USA you want to make deposits of less than 10k in any bank or you fill out a blue form there too and you are flagged..

So I had 3 KASIKORN BANK checks in increments of 9k each and 10k cash on me NO PROBLEMO

Nothing illegal about it.

Oh one other thing.. I DID NOT Mention the bank checks on my Customs form for entering the USA, just the 10k in cash.. although there could be an argument over a check being a "monetary instrument", well then let their metal detectors try to detect a couple pieces of paper then..

Edited October 25, 2013 by YeaBiGgiEs

[sawadeeken]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

I read in the newspaper a few years ago that some guy was leaving from New York to either Isreal or Jordan with about $500,000 in a suitcase and the x-ray spotted it and the authorities were notified. Needless to say he did not fly and the money was ALL confiscated as not being declared. The article specifically mentioned that if you have over $10,000 and don't declare it, it WILL 'ALL' BE confiscated. to my knowledge that is how it works.

As far as gold/silver - I have read of Drug Dealers carrying diamonds.

If it is 'ill gotten', be careful...... If it is all legal as being brought to Thailand legally, shouldn't be a worry.

Very simple solution - Just ask a couple different name banks (I think I heard that there is a Citibank in Bangkok) or ask a lawyer. I love ThaiVisa.com but not too many good lawyers here. Like somebody telling you that they sneaked (snuck) some money somewhere or take $9,999 with you in cash then buy gold and silver. Once they found you with almost the limit in cash you will trigger a challenge in them and they usually win. What I am saying is pertinent to the USA and not elsewhere.

Good Luck, Be 'Informed' and go with no regrets

[YeaBiGgiEs]

Put $10,000 in your pocket then get a US$ check for $20,000 drawn on a US bank. Now that $20,000 will be reported to the IRS when it is deposited in the USA, Otherwise just put the $30K in pocket or bag.

Let me add an option... 10k in your pocket and break the remaining 20k into 3 checks NOT 2 and no problem... I believe when KASIKORN gave me the bank checks it was drawn on a rather common bank in the USA to my surprise

[NoshowJones]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

I read in the newspaper a few years ago that some guy was leaving from New York to either Isreal or Jordan with about $500,000 in a suitcase and the x-ray spotted it and the authorities were notified. Needless to say he did not fly and the money was ALL confiscated as not being declared. The article specifically mentioned that if you have over $10,000 and don't declare it, it WILL 'ALL' BE confiscated. to my knowledge that is how it works.

As far as gold/silver - I have read of Drug Dealers carrying diamonds.

If it is 'ill gotten', be careful...... If it is all legal as being brought to Thailand legally, shouldn't be a worry.

Very simple solution - Just ask a couple different name banks (I think I heard that there is a Citibank in Bangkok) or ask a lawyer. I love ThaiVisa.com but not too many good lawyers here. Like somebody telling you that they sneaked (snuck) some money somewhere or take $9,999 with you in cash then buy gold and silver. Once they found you with almost the limit in cash you will trigger a challenge in them and they usually win. What I am saying is pertinent to the USA and not elsewhere.

Good Luck, Be 'Informed' and go with no regrets

This happened about ten years ago and the money was perfectly legal, and was from the UK. Thanks for telling me.

[asiamaster]

Don't forget to give me your flight details....

[hadromi]

Dang!!! I would be happy just to have $30k to worry about.

start work and it will.....work out.

[sawadeeken]

Quite easy as I've done it before.... You are allowed 10k in cash to bring in NOT A PENNY OVER OR ELSE YOU FILL OUT A FORM..

And go to your bank here and have them turn the money into BANK CHECKS.. I did it at KASIKORN a year ago 27k in increments of 9000. AGAIN, in the USA you want to make deposits of less than 10k in any bank or you fill out a blue form there too and you are flagged..

So I had 3 KASIKORN BANK checks in increments of 9k each and 10k cash on me NO PROBLEMO

Nothing illegal about it.

Sorry, I think if you check a little closer you will find the wording (for the USA) is 'cash or other monetary instruments. Checks being 'monetary documents'.............

INDEED, what you did was 'ILLEGAL', BUT YOU GOT AWAY WITH IT, SO yes - 'no problem'. If you did what you say, chalk it up to luck.

The odds of making it through (if you are otherwise honest/clean-cut looking) are probably better than 90%, and you did make it thru but it is that 10% that could be your 'nightmare'

I have many Thai friends that boast about smuggling in a fresh mango and not getting caught, but many have tried and had them taken away.

NOTE TO THE OP: Go informed and don't be sorry you went on poor advise.

[myluckythai]

making payments overseas through a company for goods or services is completely legal

[ukrules]

Sorry, I think if you check a little closer you will find the wording (for the USA) is 'cash or other monetary instruments. Checks being 'monetary documents'.............

INDEED, what you did was 'ILLEGAL', BUT YOU GOT AWAY WITH IT, SO yes - 'no problem'. If you did what you say, chalk it up to luck.

The odds of making it through (if you are otherwise honest/clean-cut looking) are probably better than 90%, and you did make it thru but it is that 10% that could be your 'nightmare'

I have many Thai friends that boast about smuggling in a fresh mango and not getting caught, but many have tried and had them taken away.

NOTE TO THE OP: Go informed and don't be sorry you went on poor advise.

Land of the free my ass. This is what Bitcoin was invented for.

[bangon04]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

It seems likely that Thai customs would have had a "commission" at least....possibly worse..

UK customs would have asked you to account for where it came from, how you earned it and why you were transporting it. If you had no good answers they might have seized it until you made some good answers up.

[fxe1200]

Thanks everybody for your advice. Much appreciated.

Change the money into Thai Baht, put it on a bank account, get a credit card from this bank. Whenever you pull your bucks or Euros out of the machine, your account in Thailand will be debited accordingly.

....and nobody will ask stupid questions, and no paperwork needed, except at the bank.

Practiced over the last three years.

Edited October 25, 2013 by fxe1200

[Bangkok45]

This whole topic infuriates me to no end! The IRS and the "banksters" really are the scourge of this planet! Here's another option - bring the maximum amount you can without alerting the Nazi IRS and buy the rest in Thai 24K gold. Just buy chains and wear them like Mr. T on the flight home. Later, either cash the metal in or keep it locked up for future use. The metal might lose a bit of value or gain some? It's better than giving your hard-earned cash to the Vatican? Are you a Christian? Do you go to church on a regular basis? Do you believe in unknowingly donating to the fine folks in Rome?

Don't give the illegal, fraudulent IRS any more ammunition to seize your funds for their personal endeavors.

Sorry for the rant, but this s*** has gotten waaaaaay out of hand. I hope I did not use inappropriate words or terminology in this, my first, post here on TVF.

P.S. - The use of the word "Nazis", was not intended to be derogatory towards the German people in any way. It was however directly intended towards the ideology of said group!

This is the sanest reply among all! I don't declare any amount of money that requires declaration. Someone replied buying gold and wearing them. Done that, too. It's an option that should be considered. Now I just make payment to someone for services rendered or for purchase of an expensive fictitious item/machinery.

[donniereadit]

Get a cashiers check, or several of them, and mail them out?

[sawadeeken]

Sorry, I think if you check a little closer you will find the wording (for the USA) is 'cash or other monetary instruments. Checks being 'monetary documents'.............

INDEED, what you did was 'ILLEGAL', BUT YOU GOT AWAY WITH IT, SO yes - 'no problem'. If you did what you say, chalk it up to luck.

The odds of making it through (if you are otherwise honest/clean-cut looking) are probably better than 90%, and you did make it thru but it is that 10% that could be your 'nightmare'

I have many Thai friends that boast about smuggling in a fresh mango and not getting caught, but many have tried and had them taken away.

NOTE TO THE OP: Go informed and don't be sorry you went on poor advise.

Land of the free my ass. This is what Bitcoin was invented for.

UKRULES!!!!!! This sounds like a personal attack or an attack on my country, not about the original post. But since you brought it up I am a little proud of my country (I think with good reasoning) - I've been to the UK many times and have many UK friends and I don't have a negative thing to say about the UK. I've also been to over 85 other countries and I wouldn't give up my US citizenship for any one of them.

[GAZZPA]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

No, they cannot take it off you IF you can prove it belongs to you and has been drawn from a bank account belonging to you. If the money is perfectly traceable then they cannot take it off as it is legal and yours,, BUT they can impose a fine for not declaring it.

Not really worth it risking it though and to be honest it is risky carrying that much in cash with you.

[Dev1111]

Do you want to invest your $2 million in an international school project near pattaya? I have some other profitable projects as well.

Sent from my iPhone using Thaivisa Connect Thailand

[Dev1111]

I also have someone in SCB Bank who can tell you how to take your money out legally.

Sent from my iPhone using Thaivisa Connect Thailand

[MikeThaiEvo]

Are You all so much limited and caveman based people ? Listen my good advice, and try to use brain in future. I know You people all like to have Your cash inside Your pockets, so only You know where is it, but today is a lot easier way of transfering funds. Open moneybookers and neteller online account. Go to the nearest bank in Thailand and open account, or just transfer the money to Your PERSONAL Moneybookers or Neteller account in 2 smaller amounts (for example 5500$). They will not charge You for the service with comission, they just charge the fee of using their service (read policy and terms for both companies), take the rest of the cash (19.000$) put in Your pocket, sit on a plane, go home, and then open account back in US, login to Your accounts, and transfer funds back to the new account. You need:

1. Good will
2. Sim card here and sim card there (for verification of the adding/removing cards-accounts online)

3. Valid document (passport) - You will submit to both agencies picture where all corners are visible and letters are clear, same same like Your picture in passport

And voila

Very easy, reliable and with trace in any time (what date, who, time, amount, fee) in your e-mail, login panel on their website and paper form.

Best regards,

Mike

P.S. I have learned in Thailand over-time that You can trust only Yourself, and it's much more better if You don't talk with the BANK in Thailand or anyone about serious amounts of money. You will easily not lose money, maybe You lose yourself on the way home. Try to work this out without other people. There is a lot of legal ways nowadays that doesn't include people and Your money going to other hands.

Edited October 25, 2013 by MikeThaiEvo

[TheNativeSon]

Why don't you just go to a Thai bank for that info? I doubt there are any THAI bank managers post any comments on this website. CAPICHE?

[farang000999]

BITCOIN

[SeabagsFull]

On two separate occasions about a month apart, I had a friend -- acting as proxy -- withdraw money for me from two different banks in Udon Thani: Siam Commercial Bank & Bangkok Bank. In each case, he had Bangkok Bank convert about the same amount as you're taking about (i.e., 35K & 33K) into U.S. dollars as part of the process of providing him with a Bangkok Bank bank draft (payable by a bank in Delaware). The conversion rates were the same as performing a wire transfer, the highest amount legally possible. He then mailed the drafts to me.

This might be harder to accomplish if you don't have a Bangkok Bank account, though I do know that even non-customers can walk into many if not most Bangkok branches & convert money into dollars. So the question is, will Bangkok Bank provide you with such a bank draft?

[wooloomooloo]

This whole topic infuriates me to no end! The IRS and the "banksters" really are the scourge of this planet!directly intended towards the ideology of said group!

The banksters have nothing to do with it. They'd rather do without it as it creates more work.

Edited October 25, 2013 by wooloomooloo

[TheNativeSon]

Sorry, I think if you check a little closer you will find the wording (for the USA) is 'cash or other monetary instruments. Checks being 'monetary documents'.............

INDEED, what you did was 'ILLEGAL', BUT YOU GOT AWAY WITH IT, SO yes - 'no problem'. If you did what you say, chalk it up to luck.

The odds of making it through (if you are otherwise honest/clean-cut looking) are probably better than 90%, and you did make it thru but it is that 10% that could be your 'nightmare'

I have many Thai friends that boast about smuggling in a fresh mango and not getting caught, but many have tried and had them taken away.

NOTE TO THE OP: Go informed and don't be sorry you went on poor advise.

Land of the free my ass. This is what Bitcoin was invented for.

UKRULES!!!!!! This sounds like a personal attack or an attack on my country, not about the original post. But since you brought it up I am a little proud of my country (I think with good reasoning) - I've been to the UK many times and have many UK friends and I don't have a negative thing to say about the UK. I've also been to over 85 other countries and I wouldn't give up my US citizenship for any one of them.

There are no more countries. Only corporations. Nationalism is just another for of religion for poor, working-class stiffs. Try "thinking" more along the lines of "Global" citizenry, for a change. You just might like it

[Time Traveller]

$30,000 is not really considered a large sum by banks. The main Thai banks (head office branch) will transfer it for you with no problem.

Edited October 25, 2013 by Time Traveller

[monkey4u]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

Oops

[NoshowJones]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

It seems likely that Thai customs would have had a "commission" at least....possibly worse..

UK customs would have asked you to account for where it came from, how you earned it and why you were transporting it. If you had no good answers they might have seized it until you made some good answers up.

[NoshowJones]

Yes.

Any person bringing into or taking out of Thailand foreign currency bank notes in an aggregate amount exceeding USD 20,000 or its equivalent must declare to a customs officer.

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

I brought about 35000GBP into Thailand from the UK, so it would seem I should have declared it, the only way I would have been caught is in a routine check. If that had happened, would the customs have taken some of it off me?

It seems likely that Thai customs would have had a "commission" at least....possibly worse..

UK customs would have asked you to account for where it came from, how you earned it and why you were transporting it. If you had no good answers they might have seized it until you made some good answers up.

Thanks, it was ten years ago, and the money was perfectly legal, it does not matter now, but it might help some poster who is thinking about doing the same thing.

[shaurene]

Hi

I am assuming that your dollars are not in a bank then. If they are you can arrange with the bank for a bank cheque or wire it back.

I brought over from NZ $20k but I never declared it. I think you would have the main problem in the US they would probably pick it up on the scans.

Buy a bar of gold or gold coins.

[F4UCorsair]

There's an easier way.

Send it to me, and I'll do a special trip to the US to deliver it to you. Email me for my bank details. It doesn't get any easier than that.