Hello,
the day before I went through the website of the Bank of Thailand or BOT
New announcement related to Notes on foreign exchange regulation
Just announced on January 4, 2021
let's see the details of what is interesting.
This clip will focus on people who have to take money in and out, transfer money internationally,
such as people who travel, go to study, go to work, get married,
or move to a foreign country.
First of all, you have to know.
Bringing baht or foreign currencies .
Or negotiable instruments such as drafts, travel checks, promissory notes, etc.
Taking out or entering the country,
remember that the total is
more than 450,000 baht or $ 15,000 or equivalent.
Must declare items to customs officials According to the form specified
okay, let's see the rules of exchange money,
go directly to the clause relevant to us
foreign currency and baht regulations .
When we bring or transfer foreign currency into the country
No limit
allowed to transferred Or bring in the money whatever you have
Just when brought in Must exchange, sell or deposit with a licensed juristic person
Is the bank Or those companies that they are allowed to exchange money
within 360 days
this is excepting people who are residents out of the country.
Or a foreigner who is allowed to stay in Thailand for less than 3 months
or an embassy officer Something like that
They no need to deposit or exchange within 360 days,
can hold it as long.
And when buy or transfer foreign currency
Must have documents showing obligations to show to the bank
Here look at the baht section
Brought into the country an unlimited amount
How much can be taken, no one will complain
just remember to declare the specified amount
But when take it out of the country,
it is determined that Vietnam, China
For China, Only Yunnan Province.
And countries bordering with Thailand
Can take out the baht (each time) not more than 2,000,000 baht
for other countries Can take out no more than 50,000 baht per time
2. Bank accounts
3. Goods and services
4. Investments from abroad
let's skip it
if anyone is interested in details.
Comments under this posted
5. Transfer of capital out of Thai people
go straight to item C.
If we are buying overseas real estate of their own or family.
Can transfer not more than 50 million US dollars or equivalent per year.
For people who transfer according to this article
Provide evidence Overseas property purchase agreement
For example, to buy land, buy a house, provide a purchase contract
Or if it belongs to a family member, such as parents and children,
then submit documents showing relatives
such as house registration as the beginning to the bank staff.
2. To send money of their immigrants to a foreign country permanently.
Sending money to relatives Or give yourself Or relatives
Or someone who inherits but live in another country
There is no limit amount
And donations for the public benefit Is not limited amount for how many per person per year
Evidence to show to the bank staff as well,
such as green card, passport, ID card, residence certificate, Kamo certificate of that country.
show to the bank staff then can be transferred.
3. Sending money to buy shares. Or anything related to the welfare of the overseas affiliated companies for their employees
I think few people will meet this article.
If anyone meet it, show evidence Minutes of the Board of Directors' Meeting for Agenda
Provide welfare to employees Like this, etc.
4. To send grant money to someone in a foreign country.
To do not exceed US $ 50,000 or equivalent per year per year.
Equal to 1,500,000 Thai baht
What is the grant money?
Is money for free
Who I would like to give, I would give them
a tip that doesn't need any reason or proof.
That we have obligations We just want to give it for free.
If anyone has any questions
You can read more informations at the website of the Bank of Thailand.
Or contact the bank that you deal with
okay,
see you next video
Bye bye.