The “Ministerial Regulation (No. 25) B.E. 2530 issued under the Authority of the Currency Exchange Control Act B.E. 2485” which was entered into force on 27 October 2007 and the “Notification of the Ministry of Finance on the Amount of Foreign Currency Bringing in or Out of Thailand to Be Declared in the Foreign Currency Declaration Form” which was entered into force on 24 February 2008 by the Minister of Finance introduced changes to the rules on foreign currency brought into or out of Thailand by any person.
The Regulation and Notification require the bringing in and out of foreign currency, both a bank note and a coin, with the total aggregate value exceeding USD 20,000 or its equivalent, to be reported to a Customs officer at a port/airport of entry or exit, using the given Foreign Currency Declaration Form. The travelers must complete, sign, and submit the Form to report their foreign currency where such currency are physically carried by a person arriving in or departing from Thailand, or where they form part of the person’s baggage and that person and his or her baggage are being carried on board the same conveyance across the border.
A person who reports currency has to answer truthfully any questions that a border services officer asks about the information required for the report.
Foreign Currency Declaration at the Suvarnabhumi Airport
The travelers who bring in or out of Thailand of foreign currency, both a bank note and a coin, with the total aggregate value exceeding USD 20,000 or its equivalent has to report the Customs Department by submitting the following document to Customs officer :
- A completed Foreign Currency Declaration Form;
- A passport; and
- A boarding Pass.
Inbound travelers who want to file the Foreign Currency Declaration Form can contact a Customs officer at Red Channel “Goods to Declare”.
Outbound travelers can report the foreign currency at the Customs Office, the 4th Floor, Passenger Terminal, Suvarnabhumi Airport.
There is no fee for such a report. The declaration will be processed within 15 minutes after the Customs officer receives all required documents.