How long does it take for a certified check to clear when deposited in a Thai bank?

Apr 27, 2022
3 years ago
Rick *******
ORIGINAL POSTER
Not visa related but already got good advice in the group. We are returning and arriving May 6th. Had applied and was approved for test and go. Hotel is refunding all but the room rate. My question is about bringing and depositing a certified check. We just sold property in the US. How long normally, from experience does it take for banks to clear and have monies into your account? I'm thinking this is more cost effective that depositing in the US and transferring monies.
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TLDR : Answer Summary
The conversation primarily revolves around the process of depositing certified checks from the US into Thai banks. Users share experiences, noting that check clearance in Thailand can take anywhere from 3 to 6 weeks, with some recommending using money transfer services like WISE for faster transactions. The participants also discuss the requirement to declare cash or checks exceeding $10,000 when entering or leaving the US and Thailand.
Marty ********
I guess I am confused.

I sold my house in AZ, deposited the check which cleared almost immediately.

You said your are “returning” which means you have been here before to reside.

If you have a Thai Bank Account then use a money transfer service. I use WISE. Then depending on your THAI BANK LIMITS, you can transfer everyday or all at once even before you arrive back.

I transferred over $50,000 in a few days back in 2020.

My bank does not have a limit IN. Other Thai banks limit transfers IN to 50,000 baht or less.

Hope this helps.

Also, lately, the exchange rate has been over 34 baht to 1$
Rick *******
ORIGINAL POSTER
Yes , we are returning to Thailand. Have lived there 8 years. And yes l have used Wise. I was hoping to do one transfer rather than multiple transfers.
Terary **********
I couldn't imagine the headache involved with trying to depositing a US check into a Thailand bank account.

Ask a friend to deposit it for you, in the US. I think my mail service offers that service. (
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if you were wondering.
Cliff *********
What is maximum amount of money to bring to Thailand without needing to declare it?
Brook ********
@Cliff ********
In Thailand you must declare over $10,000 or equivalent USD.

In America, you must also declare exiting with $10,000 USD or more.
Janet **********
I have deposited a couple of checks. About a month to clear. Wiring money is better.
Shayne **********
I banked checks back in the day and it was 3-6 weeks.
Rick *******
ORIGINAL POSTER
If you’re bringing in more than the limit, you have to report to the customs officers at your point of arrival, as they must submit a report. You’re required to give additional information and answer questions about what cash you’re carrying, why, and where it came from.

You have to complete a declaration form and answer any questions the Border Police may ask. Failure to do so is a criminal offence.
Rick *******
ORIGINAL POSTER
I have only ever been asked about $
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cash.
Janne ***********
Any checks/cash in any currency exceeding $
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must be reported upon departure from the USA to customs officials at the departing airport.
Bill *****
@Janne **********
This is 100% correct. Any cash or monetary instruments to include, travelers checks, personal checks, bank checks, and money orders. Persons are required to complete FinCen form 105 prior to departure.
Garrett ***********
@Janne **********
You don't have to declare checks
Janne ***********
@Garrett **********
if they exceed over 10k and you are carrying it with you on the flight you certainly should. I've dealt with dtw immigration and customs for over 30 years on intl dept flights, and their staff is inside the jet way stopping pax on a regular basis for carrying too much currency with them out of the country without declaring and once stopped and found to have excess of 10k. We take more dept delays for customs removals than anything due pax failing to be honest once asked.
Garrett ***********
@Janne **********
A check isn't currency anymore than a debit card is. That's like saying if you're carrying a debit card linked to a bank account with more than $10k in it you have to declare that.
Brook ********
Following. Same situation. Also, do you have to declare cashier’s or certified checks at either border?

Make a copy for sure to document proof of foreign deposit.
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