Sending Money from Thailand
There are no general restrictions on receiving money in Thailand but there are certain legislations and rules for sending money or walking out of the country with money. Many new regulations were put into place in 1997 to get over the economic collapse and the currency speculation which caused the Thai baht to fluctuate and become unstable.
Western Union is the fastest and expensive mode of sending money worldwide. One just needs to visit the outlets with passports to pick up the money. The outlets are located in Central Departmental Stores in Bangkok.
Wiring money from your overseas account to your Thai bank account usually takes 3 days. But it can take more than 7 days also depending on the bank and the system they use. This turns out to be more expensive.
A cheaper option to send money over is the international banker’s checks or international money order. The preferred bank for this should be Siam City Bank. Please make sure to send your check by international courier only. DHL is definitely preferably.
It is suggested that you should not use the money order service as the concept is not very common and reliable.
Presently you can walk out of the country with 50,000 THB. In order to convert these into cash without documentation one needs to bring plane ticket and passport.
