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Author Topic: Money???  (Read 8876 times)

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Offline Admin

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Re: Money???
« Reply #15 on: April 18, 2011, 01:54:47 PM »
I have another question the other way around which I think is also good. How much money can you take OUT of Thailand with no problem from the bank?
They seem to like income and not outcome.....  moneysmile

manupete

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Re: Money???
« Reply #16 on: April 18, 2011, 03:46:55 PM »
I have another question the other way around which I think is also good. How much money can you take OUT of Thailand with no problem from the bank?
They seem to like income and not outcome.....  moneysmile

c. Currency Regulations 1) Foreign Currency

Foreign currencies can be brought into Thailand without limit. Any person receiving foreign currencies from abroad is required to sell such foreign currencies to an authorized financial institution or to deposit them in a foreign currency account with an authorized financial institution within 360 days from receipt, except foreigners temporarily staying in Thailand for not more than three months, foreign embassies, and international organizations.

Foreign exchange purchase or hedging with authorized financial institutions is generally available where a genuine underlying current or capital transaction exists.

2) Local Currency

There is no restriction on the amount of Baht that may be brought into the country. A person travelling to Thailand's bordering countries including Vietnam is allowed to take out Baht up to 500,000 Baht and to other country up to 50,000 Baht respectively without authorization.
http://www.bot.or.th/English/ForeignExchangeRegulations/FXRegulation/Pages/ExchangeControlLaw.aspx


Here is another site with banking Frequently Asked Questions
http://www.bangkokbank.com/Bangkok%20Bank/Personal%20Banking/Transfering%20Funds/Transferring%20out%20of%20Thailand/pages/outward%20faqs.aspx

Offline Twisty

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Re: Money???
« Reply #17 on: April 20, 2011, 03:03:45 AM »
Many thanks for the swift and very helpful advice guys, greatly appreciated! im gonna do some phoning around then, i didnt have a clue to be honest but now i am more aware of what needs to be done :) so spot on!! Beers on me in a few months :P haha

 

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