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Thai Payments
The Thai banking laws are very strange and do seem to vary from bank to bank as well just to keep it interesting. Strictly the currency regulations are as follows:
Outward Transfers
Required Documents
Supporting documents indicating purpose of transfer.
If currency amount > US$ 10,000 or equivalent and for non-merchandise:
Thor Tor 4 Kor (ข) form for Non-resident customers or,
Thor Tor 4 Gor (ก) for resident customers is also required.
Money Laundering Report Form (You must include your Tax ID or other identification)
Cash transactions > Bt 2,000,000 require a PorPor Ngor. 1-01 form
Asset transactions (ex: telex transfer) > Bt. 5,000,000 require PorPorNgor 1-02 form
Now the word non-merchandise interests me.
Best of luck
Mac
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