KBank sent there new T&C through some 30 pages, however, asked a AI chat to find a summary, part of which was interesting.

Banks and financial institutions are required to report to the Revenue Department if a customer’s accounts have 3,000 or more deposit/transfer transactions in a year, or 400 or more transactions totaling 2 million baht or more, to ensure tax compliance.

Large cash transactions (e.g., 2 million baht or more) must be reported to the Anti-Money Laundering Office (AMLO).

Hi everyone, need recommendations on best money transfer for Australian dollars (AUD) to Thai baht THB):

I recently got a long-term visa and want to transfer about 10k to 30k AUD (from my Australian bank account) to Thai Baht (to my Thai bank account).

I'm using Wise right now, but does anyone know if there is a better alternative to get a better exchange rate?

Kopkun krub.