Hello everyone.
I am receiving 1,500,000 baht in cash from a family member in Thailand. I have an account with Bangkok Bank and I am wondering if I will have to pay tax for this cash deposit? Or will there be any trouble depositing this large amount of cash?
TLDR : Answer Summary
A user is inquiring about the implications of depositing 1.5 million baht received as a cash gift from a family member in Thailand, specifically whether they will incur taxes and if there are any issues with such a large cash deposit. Various commenters provided insights, suggesting it should not be a problem to deposit the cash, especially in smaller amounts, and that generally, no taxes would apply unless the funds need to be declared under Thai tax laws relating to gifts.