2.2.1 Payments for goods and services such as service fees, interest, dividends, profits, or royalties, or payments related to education, are allowed up to the amount of the obligations.
2.2.2 Direct Investment and Lending Abroad
1) A Thai company is allowed to invest in an overseas business entity whose shares are held by the Thai company by not less than 10%, invest in an overseas affiliated business entity or lend to an overseas business entity without limit.
2) A Thai individual is allowed to invest in an overseas business entity whose shares are held by that person by not less than 10%,or invest in or lend to its overseas affiliated business entities without limit.
Fund transfers for such investment or lending must be in foreign currencies, except for the case of investment or lending to a business entity in countries bordering Thailand or Vietnam for the purposes of trade or investment in Thailand or those countries which can be in baht.
2.2.3 Portfolio Investment Abroad
1) Institutional investors, namely the Government Pension Fund, the Social Security Fund, provident funds, mutual funds (excluding private funds), securities companies, insurance companies, specialized financial institutions, Thai companies with assets of at least THB 5 billion, companies listed in the Stock Exchange of Thailand and brokers in Thailand Futures Exchange (TFEX) are allowed to invest in securities abroad or securities denominated in foreign currencies issued or distributed in Thailand without limit.
2) Retail investors (i.e. Thai individuals or other juristic entities who are not institutional investors), are allowed to invest in foreign securities abroad or securities denominated in foreign currencies issued or distributed in Thailand. Transfers to non-residents for purpose of portfolio investment are allowed up to USD 5 million per person per calendar year, where the investment is not made through onshore investment agents2
Investment by institutional and retail investors can be undertaken through onshore investment agents, such as securities companies, authorized banks, private funds and derivatives brokerages, without limit. Such investment must also be in line with the guidelines set by the Securities and Exchange Commission.
2.2.4 Transfers for Other Purposes
Transfers of gifts or grants to any person abroad is allowed up to USD 50,000 per person per calendar year; however, transfers of funds belonging to Thai emigrants, transfers to one's family members or relatives who are permanent residents abroad or donations for public benefits are allowed without limit.
Transfers for payment of other obligations to non-residents are generally allowed, except for certain purposes which require prior approval from the Bank of Thailand such as payments related to purchase or sale of foreign currencies against baht, or payments related to derivatives linked to exchange rates involving baht, or payments associated with digital assets.
2 Registration on the Bank of Thailand’s website is required and report on portfolio outstanding is to be submitted as specified by the Bank of Thailand.