- About Thailand
- Thailand's Economic Fact Sheet
- Upcoming Trade Shows and Trade Fairs
- Investing and Doing Business in Thailand
- Land and Real Estate
- Labour and Employment
- Immigration, Visas, and Work Permits
- Taxation
- Foreign Exchange
- AUTO Industry
- Thai Information and Communications Technology (ICT) Market
- Thai Medical Industry
- MICE Industry (Meetings, Incentives, Conventions and Exhibitions)
- Useful Sources and Links
- Interesting articles on Doing Business in Thailand
- Recent Speeches which You do not want to miss
Exchange Controls on Trading
Imports
Commercial banks can approve payments for imports, where importers can make payments by foreign currency withdrawal from their own foreign currency deposit accounts at commercial banks, or buying foreign currency from commercial banks in an amount not exceeding the value of imports. As such, commercial banks will require appropriate documents including invoices, bills of collection, import permits and other documents as appropriate.
Exports
Exports are not subject to foreign exchange restrictions, however, export proceeds greater than a certain limit must be obtained within 120 days, and deposited in a foreign currency account or converted into Thai baht at a commercial within 15 days from date of receipt.
