kebabman7 Posted June 17, 2006 Share Posted June 17, 2006 Hello all, I'm more of a lurker than a poster so please be gentle if this has been answered elsewhere, I did a search but couldn't find anything. What I want to know is whether there are any limits to the amount of money being sent to Thailand from abroad? Either for personal finances (ie sending to a friend/relative/property purchase) or for business purposes (ie buying a business or property) Will the method of transfer affect any limit imposed (ie Wire Transfer, SWIFT payment etc)? And is there any forms or notifications to any authorities that need to be completed. Thanks Link to comment Share on other sites More sharing options...
Gumballl Posted June 17, 2006 Share Posted June 17, 2006 (edited) Daily/weekly/monthly limits are generally imposed by your gov't, and then secondly by your bank. I don't think LOS will care how much money you bring in, although I believe they have rules governing how much you can transport in a suitcase. Edited June 17, 2006 by Gumballl Link to comment Share on other sites More sharing options...
Dragonman Posted June 18, 2006 Share Posted June 18, 2006 Hello all, I'm more of a lurker than a poster so please be gentle if this has been answered elsewhere, I did a search but couldn't find anything.What I want to know is whether there are any limits to the amount of money being sent to Thailand from abroad? Either for personal finances (ie sending to a friend/relative/property purchase) or for business purposes (ie buying a business or property) Will the method of transfer affect any limit imposed (ie Wire Transfer, SWIFT payment etc)? And is there any forms or notifications to any authorities that need to be completed. Thanks No limits, even in a suitcase Your own country may have notification limits under their own Anti-money laundering laws. Any amount over 2 million baht will be reported to the Thai Anti-Money Laundering Office, and you may be investigated. If transfer from your own account where you live, to own account in Thailand, unlikely. Link to comment Share on other sites More sharing options...
Chang_paarp Posted June 18, 2006 Share Posted June 18, 2006 I can realy see any bank or government saying "No you can not bring that legally earned money here!" If you are bringing money into Thailand, and chose to do it through a legitimate source, get a foreign exchange certificate from the people doing the transfer. This will help when it is time to take the money out. You may never use it but it is worth having just in case. Link to comment Share on other sites More sharing options...
kebabman7 Posted June 18, 2006 Author Share Posted June 18, 2006 Thanks for your advice, much appreciated. Link to comment Share on other sites More sharing options...
topfield Posted June 18, 2006 Share Posted June 18, 2006 PLEASE READ THIS ..........IN BANKOK POST TODAY US regulators have ordered Bangkok Bank's New York office to temporarily halt wire transfers and demand drafts pending the improvement of compliance with US anti-money-laundering laws. Link to comment Share on other sites More sharing options...
thaihome Posted June 19, 2006 Share Posted June 19, 2006 PLEASE READ THIS ..........IN BANKOK POST TODAYUS regulators have ordered Bangkok Bank's New York office to temporarily halt wire transfers and demand drafts pending the improvement of compliance with US anti-money-laundering laws. Scaremongering. This apparently only applies to transfers initiated at the NYC branch. Normal SWIFT transfer are not affected. TH Link to comment Share on other sites More sharing options...
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