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| Send Money Overseas |
Sending money to a Thai bank account is really easy. There are no
restrictions on money sending to Thailand. But before you finally transfer
money, take a hard look at the bank account regulations. However, if you decide
to purchase Condo, then wire foreign currency instead of wiring Thai currency.
Can I bring money
into Thailand?
As there are literally no restrictions,
you can easily bring money into Thailand. This validity applies to both Thai
Baht and foreign currency. But one point needs to be put here. If you are making
entry into Thailand with more than 20,000 USD, then the amount must be declared
at the border. Make sure to carry a receipt of cash money that you have brought
into Thailand, it will facilitate money withdrawal whenever you need it in
future.
How will I send money
from Thailand to foreign counties?
According to regulations as to sending
money overseas form the Thai shore, you are not allowed to transfer more than 20,000
USD to the bank account in any foreign country. Though it is a rare case that you experience
some problems with money transfer, still you can always try out with other bank
if the worst happens.
If your money is saved in USD i.e. foreign
currency account, you can transfer it to your other accounts abroad. The glitch
is that if money is saved in a Thai bank account, then such transfer is not
possible to your foreign bank account. However, the most advantage option is
that you can Send Money Overseas
without any literal obligation provided you can submit a proof of bringing
money into the country.
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