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Bringing $30K US into Thailand

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My family, three of us, are coming to Thailand.

 

All US citizens for a 2 week stay.

 

What is the best way to bring in US $30K other than carrying in cash?

 

We will be in the rural boondocks of Isaan, so I question whether travelers checks would be a means?

 

Also we do not have a bank account in Thailand.

 

Thank you

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10 hours ago, HuskerDo said:

$30,000 US dollars for a two week stay for three people. That is going to be one wild party. Can we all come? 

My thoughts exactly. a lot of money for 2 weeks!

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7 minutes ago, Tedly said:

My thoughts exactly. a lot of money for 2 weeks!

If there is suddenly a large drop in the number of bar girls in Pattaya for a couple of week I have a sneaking suspicion where they might be. 

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Why would you be bringing $30,000 to be in Thailand for two weeks my wife and I don’t spend that to be here for a year and one thing you can do or you could just send it to me and then I’ll send it to you as you need it I wouldn’t do that for just anybody but I’d be happy to do it for you

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Each of the three of you carry $10k... Individually you are below the $20k threshold of reporting... Have a good time...

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Charles Schwab high yield investor checking account.

 

You get an ATM card that can be used in Thailand and they refund all of the ATM fees you'll pay in Thailand getting the money out. For $30K in 2 weeks you're going to need 2 accounts because there is a limit of $1000 of withdrawals per day. The account is free so that shouldn't be a problem.

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21 minutes ago, sfokevin said:

Each of the three of you carry $10k... Individually you are below the $20k threshold of reporting... Have a good time...

Apparently that threshold was reduced to $15k a while ago now - there was a thread on it somewhere........

Strangely  most of the English language Thai gov. websites don't appear updated but it is mentioned here -

https://www.export.gov/article?id=Thailand-foreign-exchange-controls

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just bring it in cash, declare at airport, 30k is stuff all i have been bringing 100ks in for years, better exchange rate  at gold shops in isssan and so much security at the airport , and no one knows what you have got here !

Edited by stropper
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18 hours ago, saengd said:

A pre-loaded credit card perhaps?

I think what @saengdmeans are pre-loaded or prepaid debit cards.

 

You don't have open an account, you purchase the card, load it up with money and use it just as you would a normal debit card. The ones I've used have been Visa cards so you can also use them for store purchases etc. They are, in reality, the 21st century equivalent of traveler's checks. Here's a website that gives more info about them.

 

https://www.thebalance.com/best-prepaid-debit-cards-4160419

 

Enjoy your trip.

 

 

Edited by Moonlover
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21 minutes ago, Moonlover said:

I think what @saengdmeans are pre-loaded or prepaid debit cards.

 

You don't have open an account, you purchase the card, load it up with money and use it just as you would a normal debit card. The ones I've used have been Visa cards so you can also use them for store purchases etc. They are, in reality, the 21st century equivalent of traveler's checks. Here's a website that gives more info about them.

 

https://www.thebalance.com/best-prepaid-debit-cards-4160419

 

Enjoy your trip.

 

 

No, I meant a pre-paid credit card. If you add funds to your credit card so there's a positive balance there are no charges, even for a cash advance.

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9 minutes ago, saengd said:

No, I meant a pre-paid credit card. If you add funds to your credit card so there's a positive balance there are no charges, even for a cash advance.

Oh I see, understand. I've never used that method. Folks do, of course often confuse debit cards and credit cards.

 

Edited by Moonlover

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5 minutes ago, Moonlover said:

Oh I see, understand. I've never used that method.

It's one of the oldest ways of transfering money from A to B and getting decent and free exchange rates, a tip courtesy of Naam.

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12 minutes ago, saengd said:

It's one of the oldest ways of transfering money from A to B and getting decent and free exchange rates, a tip courtesy of Naam.

I don't travel abroad much anymore, but thanks for the tip, just in case!

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