How much US$ can you legally carry out of Thailand?

Thanks

20k

My boss used to carry out a hell of a lot more than that

My boss used to carry out a hell of a lot more than that

Hopefully he declared it...partial quote from Bank of Thailand Export Control Regulations...see more at this BOT webpage.

c. Currency Regulations

1. Foreign Currency

Foreign currencies can be transferred or brought into Thailand without limit. Any person receiving foreign currencies from abroad is required to repatriate such funds immediately and sell to an authorized bank or deposit them in a foreign currency account with an authorized bank within 360 days of receipt, except for foreigners temporarily staying in Thailand for not more than three months, foreign embassies, international organizations including their staff with diplomatic privileges and immunities, and Thai emigrants who are permanent residents abroad or working abroad.

Purchase of foreign currency from authorized banks is generally allowed upon submission of documents indicating international trade and investment. Companies in Thailand can engage in derivatives transactions with authorized banks to hedge against foreign exchange risk provided that supporting documents indicating future foreign currency receipts or obligations are submitted.

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.

There is no limit providing any amount over USD 20K is first declared to Customs.

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

"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".

Missed that one. Was 10'000 $, undeclared (or equivalent) for many years. Thanks & cheers.

My boss used to carry out a hell of a lot more than that

Hopefully he declared it...partial quote from Bank of Thailand Export Control Regulations...see more at this BOT webpage.

c. Currency Regulations

1. Foreign Currency

Foreign currencies can be transferred or brought into Thailand without limit. Any person receiving foreign currencies from abroad is required to repatriate such funds immediately and sell to an authorized bank or deposit them in a foreign currency account with an authorized bank within 360 days of receipt, except for foreigners temporarily staying in Thailand for not more than three months, foreign embassies, international organizations including their staff with diplomatic privileges and immunities, and Thai emigrants who are permanent residents abroad or working abroad.

Purchase of foreign currency from authorized banks is generally allowed upon submission of documents indicating international trade and investment. Companies in Thailand can engage in derivatives transactions with authorized banks to hedge against foreign exchange risk provided that supporting documents indicating future foreign currency receipts or obligations are submitted.

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.

Declared nothing. VIP processed through customs

Summary: the VIP apparently broke the law "if" he didn't declare the funds with customs....hopefully he did declare it with customs.

Sent from my Onda V971 tablet

Edited April 16, 201412 yr by Pib

good for him. that's probably how he became important.

i suspect the "i have always paid my taxes to the penny" brigade are all living remarkably well on their pensions.

Yes....you can carry out 20k but it going to the USA you are limited to bringing in 10k if you do not want to declare

There is no limit on the amount of money that can be taken out of or brought into the United States. However, if a person or persons traveling together and filing a joint declaration (CBP Form 6059- have $10,000 or more in currency or negotiable monetary instruments, they must fill out a "Report of International Transportation of Currency and Monetary Instruments" FinCEN 105 (former CF 4790).