Taking money out of Thailand

Visa questions, companies, work permits, employment, insurance, banking and finance, and legal issues.
SPONSORS: Chavalit & Partners : AA Insurance
capt
Amateur
Amateur
Posts: 40
Joined: Mon Mar 21, 2011 8:03 am

Taking money out of Thailand

Post by capt » Wed Jun 18, 2014 12:11 am

Could any of you please tell me how much thai baht you can take out of the country at any one time please, any help or information regards this would be most helpful.

User avatar
blue05
Guru
Guru
Posts: 935
Joined: Mon Jun 04, 2012 7:14 pm

Re: Taking money out

Post by blue05 » Wed Jun 18, 2014 3:00 am

International rules state $10,000 USD or local currency equivalent

User avatar
kendo
Moderator
Moderator
Posts: 3779
Joined: Mon Apr 07, 2008 7:11 pm
Location: Southampton.

Re: Taking money out

Post by kendo » Wed Jun 18, 2014 5:27 am

I thought you are only allowed to take 50,000 Thai Baht through the airport.

Kendo. :cheers:
Is Bangkok a place or a nasty injury.......Eric Morcombe.


Proud to be a Southampton FC Fan.

sateeb
Ace
Ace
Posts: 1393
Joined: Sat Jul 23, 2011 8:51 am

Re: Taking money out

Post by sateeb » Wed Jun 18, 2014 6:36 am

2. Local Currency

There is no restriction on the amount of Thai baht bank notes that may be brought into the country.

A person traveling to Vietnam, the People's Republic of China (only Yunnan province) and Thailand's bordering countries is allowed to take out up to THB 2,000,000. Taking out Thai Baht bank notes in an amount exceeding THB 450,000 requires declaration to a Customs Officer.

A person traveling to other countries is allowed up to THB 50,000.


http://www.bot.or.th/English/ForeignExc ... olLaw.aspx
"I've met some people — real people, okay?" Selina says of the voting public. "And let me tell you, a lot of them are fookin' idiots." Taken from Veep TV series

User avatar
Pagey
Ace
Ace
Posts: 1889
Joined: Mon Aug 30, 2004 5:14 pm
Location: On the beach

Re: Taking money out of Thailand

Post by Pagey » Wed Jun 18, 2014 8:22 am

If you want to transfer it to a bank in another country, rather than take cash, Krungsri Bank will let you transfer 500,000 Baht at a time without any need for FET certificate.
'If you didn't have a wasted youth you wasted your youth'

Man in pub circa 1987.

User avatar
hhfarang
Hero
Hero
Posts: 10856
Joined: Fri Mar 12, 2004 1:27 am
Location: North Carolina

Re: Taking money out of Thailand

Post by hhfarang » Wed Jun 18, 2014 8:25 am

The Bangkok Bank manager told me you could transfer up to the equivalent of one million U.S. dollars per year to a bank in another country using their wire service.
My brain is like an Internet browser; 12 tabs are open and 5 of them are not responding, there's a GIF playing in an endless loop,... and where is that annoying music coming from?

User avatar
StevePIraq
Legend
Legend
Posts: 2262
Joined: Sat Jun 28, 2008 1:21 pm
Location: Ting Tong Land

Re: Taking money out of Thailand

Post by StevePIraq » Wed Jun 18, 2014 2:23 pm

Kasikorn allow up to 1m Baht at any one time with no supporting documentation, I had to complete a form and the female assistant was very helpful even advising my reason for transferring.
"Live everyday as if it were your last because someday you're going to be right." Muhammad Ali

User avatar
richard
Deceased
Deceased
Posts: 8805
Joined: Tue Feb 18, 2003 1:59 pm
Location: Wherever I am today

Re: Taking money out of Thailand

Post by richard » Wed Jun 18, 2014 8:00 pm

Apparently easy. Any amount if you know a Thai/UK partnership company or similar
RICHARD OF LOXLEY

It’s none of my business what people say and think of me. I am what I am and do what I do. I expect nothing and accept everything. It makes life so much easier.

benmo
Specialist
Specialist
Posts: 119
Joined: Fri Aug 06, 2010 9:05 pm

Re: Taking money out of Thailand

Post by benmo » Wed Jun 18, 2014 8:04 pm

Like?

HHTel
Legend
Legend
Posts: 2930
Joined: Mon Feb 12, 2007 7:44 pm

Re: Taking money out of Thailand

Post by HHTel » Thu Jun 19, 2014 1:24 am

Another way is to draw a banker's draft from Bangkok Bank which you can cash at the Bangkok Bank in London. I guess the same goes for other branches abroad.

Phil Scammed
Rookie
Rookie
Posts: 11
Joined: Fri Jun 20, 2014 8:35 pm

Re: Taking money out of Thailand

Post by Phil Scammed » Sat Jun 21, 2014 5:20 pm

I've got 7.5 million baht I want to transfer to USA. Can I just go to the bank every day and make transfers.
What's the daily limit allowed?

User avatar
hhfarang
Hero
Hero
Posts: 10856
Joined: Fri Mar 12, 2004 1:27 am
Location: North Carolina

Re: Taking money out of Thailand

Post by hhfarang » Sat Jun 21, 2014 8:54 pm

I've got 7.5 million baht I want to transfer to USA. Can I just go to the bank every day and make transfers. What's the daily limit allowed?
You should be able to transfer that in one wire transfer using Bangkok Bank. We transferred exactly that amount several months ago from Bangkok Bank to Bank of America. The cost was minimal and it took 3 days to appear in my BofA account.
My brain is like an Internet browser; 12 tabs are open and 5 of them are not responding, there's a GIF playing in an endless loop,... and where is that annoying music coming from?

alleykat
Professional
Professional
Posts: 301
Joined: Sun May 23, 2004 10:46 am
Location: Hua Hin

Re: Taking money out of Thailand

Post by alleykat » Wed Jun 25, 2014 10:01 am

StevePIraq wrote:Kasikorn allow up to 1m Baht at any one time with no supporting documentation, I had to complete a form and the female assistant was very helpful even advising my reason for transferring.
Which branch was that? When my wife recently made enquiries at the Market Village branch they made it seem like it was almost impossible when she asked about transferring 2 million baht abroad.

Then when she enquired further they said they would need to see all kinds of documents from the country she was sending to to, which she didn't have, and also have to show how she got the money.

However we have since made a few calls to the K-Bank call centre, but have had two different answers from two different people. Of course they didn't volunteer the idea of doing two transactions at a million baht each. I think one operator said we could transfer unlimited funds from our home branch, and another said a limit of two million from any Kasikornbank branch that wasn't our home branch.

HHTel
Legend
Legend
Posts: 2930
Joined: Mon Feb 12, 2007 7:44 pm

Re: Taking money out of Thailand

Post by HHTel » Fri Jul 04, 2014 7:49 am

The limit on taking Thai banknotes out of Thailand through the airport has recently been raised from 50,000 baht to 500,000 baht. The same as crossing a land border to neighbouring countries.

User avatar
StevePIraq
Legend
Legend
Posts: 2262
Joined: Sat Jun 28, 2008 1:21 pm
Location: Ting Tong Land

Re: Taking money out of Thailand

Post by StevePIraq » Fri Jul 04, 2014 11:47 am

alleykat wrote:
StevePIraq wrote:Kasikorn allow up to 1m Baht at any one time with no supporting documentation, I had to complete a form and the female assistant was very helpful even advising my reason for transferring.
Which branch was that? When my wife recently made enquiries at the Market Village branch they made it seem like it was almost impossible when she asked about transferring 2 million baht abroad.

Then when she enquired further they said they would need to see all kinds of documents from the country she was sending to to, which she didn't have, and also have to show how she got the money.

However we have since made a few calls to the K-Bank call centre, but have had two different answers from two different people. Of course they didn't volunteer the idea of doing two transactions at a million baht each. I think one operator said we could transfer unlimited funds from our home branch, and another said a limit of two million from any Kasikornbank branch that wasn't our home branch.
Like I said UP TO 1mBaht. I use Kasikorn Bank on Phetch kesem road just north on Chomsim lights, very helpful
"Live everyday as if it were your last because someday you're going to be right." Muhammad Ali

Post Reply

Who is online

Users browsing this forum: fft100 and 5 guests