haymanpl Posted June 20, 2016 Share Posted June 20, 2016 (edited) Be aware, if you bring money into Thailand or accumulate it here, you may find it very difficult to send money back home. Funds transfers can only be made for these 3 purposes. Also note, they force you to convert it to a foreign currency first, you cannot transfer in Thai baht. This way they make margin on the conversion. Edited June 20, 2016 by haymanpl Link to comment Share on other sites More sharing options...
jonw8uk Posted June 20, 2016 Share Posted June 20, 2016 (edited) you should request for and keep the FET form when bringing money into Thailand. This is your proof the money came from overseas, and will allow you to send it out. I also notice the remarks comment at the bottom, which seems to imply that these 3 purposes, are only if using the online k banking international transfer - if in person at the branch, are there other possible options? Edited June 20, 2016 by jonw8uk Link to comment Share on other sites More sharing options...
mania Posted June 20, 2016 Share Posted June 20, 2016 You will find not all banks are the same here & you may be quoting "K-Cyber" Banking terms I transfer often recently with Bangkok Bank to USA no problems & aside from my form with instructions for them & my passport or Thai license I am not asked for anything further I do have FET's from years gone by but have never been asked to provide any Nor do I have a work permit etc But I also have been told anything under 50k USD is not going to require anything else in way of proofing funds. As for converting before transfer OF COURSE you would. Who would want to transfer Thai Baht?? You will get a much worse rate anywhere else in the world than here Not to mention even physically it is against Thai law to take more than 50k baht out of Thailnd Also 50k baht is peanuts As for margins? I think you will find foreign exchange rates for TT quite good actually Link to comment Share on other sites More sharing options...
Cook my sock Posted June 20, 2016 Share Posted June 20, 2016 What's the max amount of cash a Thai or foreigner can carry out of the country ? Link to comment Share on other sites More sharing options...
manfredtillmann Posted June 20, 2016 Share Posted June 20, 2016 there is nothing preventing you from loading up a suitcase full of thb, declare them on exit and exchange them in the country of your choice. you might even end up with a much better deal. Link to comment Share on other sites More sharing options...
dcnx Posted June 20, 2016 Share Posted June 20, 2016 I send wires from Bangkok Bank with no problem. Banking here is like immigration. Depends on who you're talking to and/or what location you're at. Link to comment Share on other sites More sharing options...
Cook my sock Posted June 20, 2016 Share Posted June 20, 2016 Bangkok bank also have a branch in London.. Not sure if that is a benefit or not Link to comment Share on other sites More sharing options...
KhunBENQ Posted June 20, 2016 Share Posted June 20, 2016 (edited) there is nothing preventing you from loading up a suitcase full of thb, declare them on exit and exchange them in the country of your choice. you might even end up with a much better deal. Have you ever seen what the exchange rates for THB cash in western countries are? A terrible loss! Double digit percentage. If using cash then go to Chinatown and use the well known exchange offices and change to your home currency. Very good rates for the major currencies like USD, EUR, GBP, CHF... Edited June 20, 2016 by KhunBENQ Link to comment Share on other sites More sharing options...
smutcakes Posted June 20, 2016 Share Posted June 20, 2016 As others have said, i do regular transfers of nearly $10,000 a month without any trouble at all. Just a simple bank transfer as i would from an overseas bank to Thailand. Link to comment Share on other sites More sharing options...
mania Posted June 20, 2016 Share Posted June 20, 2016 (edited) What's the max amount of cash a Thai or foreigner can carry out of the country ? For Thai baht as previously stated 50k per person or 100k per family for countries other than bordering countries. Bordering countries I believe the limit is 500k baht http://www.customs.go.th/wps/wcm/connect/custen/travellers/departing+from+thailand/departingfromthailand+ Otherwise it depends on what currency your talking about & also are you asking max amount before needing to be declared? (report to Customs) If USD I believe it is 20k but...when entering or leaving the USA it is anything over 10k needs to be declared Also remember these days a custom officer can ask how was it obtained? Do you have proof of funds etc, So as with most things depends on are you asking about what currencies. At the end of the day Transfers by wire are most efficient unless you have a problem with putting funds into the system? (the unbanked ) Edited June 20, 2016 by mania Link to comment Share on other sites More sharing options...
Pib Posted June 21, 2016 Share Posted June 21, 2016 The chart in OPs post applies to adding "international transfer authorization" to your ibanking. For expats it is basically limited to your "in-Thailand salary" However, when you go the branch in person to accomplish an international transfer the rules are more liberal. Don't confuse international transfer limits under ibanking with physical in-branch transfers. Link to comment Share on other sites More sharing options...
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