Send Money to Thailand: No Papers Under USD 200,000
For a resident customer, Thai banks ask for no documents on foreign currency under USD 200,000: you state the purpose. From USD 200,000 they ask for papers showing the source. The Foreign Exchange Transaction form was abolished in 2017 and replaced by a bank credit advice. Bangkok Bank and Krungsri charge 0.25% to receive a SWIFT, THB 200 to 500.
On this page
Sending your own money to a Thai bank is easy: under USD 200,000 you just state the purpose and the bank asks for no documents, and what you keep afterwards is the bank’s credit advice. From USD 200,000 the bank asks for papers showing where the money came from.
What the bank checks
Foreign currency or baht can come into Thailand without limit. The sender states a purpose for every transfer, such as living expenses or buying a condominium.
| Amount received | What the bank asks |
|---|---|
| Below USD 200,000 | You state the purpose; no documents |
| USD 200,000 or more | Documents showing the source of the money |
The old Foreign Exchange Transaction form is gone: the Bank of Thailand abolished it in 2017, and the bank now issues a credit or debit advice instead. Some bank pages still mention a form, so ask which paper you’ll get, and keep it.
Buying a condo
Buying a condominium is a purpose a sender may state. The foreign-currency evidence must be for an amount not less than the price of the unit, so keep the credit advice.
What receiving costs
Bangkok Bank and Krungsri charge 0.25% to receive a SWIFT transfer, with a minimum of THB 200 and a maximum of THB 500. SCB charges 0.25% with a minimum of THB 300 and a maximum of THB 500. Your sending bank adds its own fee, which is set abroad.
A SWIFT transfer should reach a Bangkok Bank account within 1-2 working days. Give the sender the bank’s SWIFT code, which is BKKBTHBK for Bangkok Bank, plus your name, account number and address.
Wise and other services
If you want the cheapest route, Wise charges a small upfront fee at the mid-market rate. Wise sends up to THB 2,000,000 to Kasikorn Bank and Bangkok Bank. Western Union and WorldRemit vary by payment method.
Tax
If you’re in Thailand fewer than 180 days in the tax year, you pay no tax on that year’s foreign income brought in. At 180 days or more you may owe tax on income brought in from 2024. The Thai tax residency page explains who counts as resident.
Carrying cash instead? Bringing in banknotes above THB 450,000 or USD 15,000 needs a Customs declaration; see the cash declaration page. A non-resident account is covered on the bank account page.
Step by step
- Give the sender the bank detailsBangkok Bank's SWIFT code is BKKBTHBK and SCB's is SICOTHBK. The sender also needs your name, account number and address.
- State the purposeEvery incoming transfer needs a purpose, such as a condominium purchase or living expenses.
- Check the amountBelow USD 200,000 the bank asks for no documents. From USD 200,000 it asks for source papers.
- Collect the credit adviceThe bank issues a credit or debit advice as evidence of the transaction.
Not confirmed: What your sending bank charges for an outgoing wire: that fee is set abroad. Which paper a Land Office accepts for a condo: the Act names none; ask the bank for the credit advice. Krungsri's fee is from its 1 July 2025 schedule.
Common questions
Is there a limit on money sent to Thailand?
Foreign currency or baht can be transferred or brought into Thailand without limit. Bangkok Bank sets no limit on the amount received from abroad.
Do I need a Foreign Exchange Transaction form?
The Bank of Thailand abolished the FX Form in 2017, whatever the amount. The bank issues a credit or debit advice as evidence.
When does a Thai bank ask for documents?
At USD 200,000 or more the bank asks for documents showing the source of the foreign currency. Below that you state the purpose and no documents are asked.
How much does a Thai bank charge to receive a SWIFT transfer?
Bangkok Bank and Krungsri charge 0.25% with a minimum of THB 200 and a maximum of THB 500. SCB charges 0.25% with a minimum of THB 300 and a maximum of THB 500.
How long does a SWIFT transfer take?
A SWIFT transfer should reach a Bangkok Bank account within 1-2 working days.
What is the cheapest way to send money to Thailand?
Wise charges a small upfront fee at the mid-market rate. On 14 October 2026 its fee on USD 1,000 was USD 9.65. The sender's own bank fee and the receiving bank fee come on the bank route.
Is money I send to myself in Thailand taxed?
A person in Thailand fewer than 180 days in the tax year pays no tax on foreign income of that year brought in. A person in Thailand 180 days or more may owe tax on income brought in from 2024.
Can I send money to buy a condo?
Yes: buying a condominium is a purpose a sender may state for an incoming transfer. The Condominium Act asks for evidence that foreign currency was brought in.
Read next
Sources and reader comments
Official legal texts (Gazette, government portals):
- Bank of Thailand circular to banks ที่ ธปท.ว. 6126/2569 (29 Sep 2026), Annex 2: guidelines on foreign currency received from abroad (opens in a new tab)
- Bank of Thailand article "ก้าวใหม่ในการทำธุรกรรมเงินตราต่างประเทศ (ตอนที่ 1)", 2 Nov 2017 (opens in a new tab)
- Exchange Control Regulation - Bank of Thailand (opens in a new tab)
- Q&A คำสั่งกรมสรรพากร ที่ ป.161 และ ป.162 — Revenue Department (กองกฎหมาย) (opens in a new tab)
- คำสั่งกรมสรรพากร ที่ ป.161/2566 (แก้ไขโดย ป.162/2566) — Revenue Department (opens in a new tab)
Show 7 more sources
Company and press pages (not official sources):
- Bangkok Bank: FAQs about transferring funds into Thailand (opens in a new tab)
- Krungsri (Bank of Ayudhya) service fee schedule, International Payment System, effective 1 July 2025 (English translation for reference) (opens in a new tab)
- SCB: SWIFT Inward Remittance (opens in a new tab)
- Wise: Send money to Thailand (US site, calculator read 14 Oct 2026) (opens in a new tab)
- Western Union: Send money to Thailand (US site) (opens in a new tab)
- WorldRemit: Bank transfers to Thailand (opens in a new tab)
General information checked against the sources listed above, not financial or tax advice for your situation. Rules and fees change; confirm with your bank, the Revenue Department or a licensed adviser before you act. See how guides are checked.
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