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Glossary

Plain-English definitions of the money and visa terms you'll meet in Thailand — FET forms, Por 161/162, seasoning, FCD accounts, Por Ror Bor and more.

6 guides available

Class 1, 2, 3 Insurance: Thailand's Voluntary Motor Insurance Classes Explained
4 min read

Class 1, 2, 3 Insurance: Thailand's Voluntary Motor Insurance Classes Explained

"Class 1," "Class 2+," and "Class 3+" are Thailand's voluntary motor insurance tiers, sold on top of the compulsory Por Ror Bor policy every vehicle must carry...

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FCD Account (Foreign Currency Deposit): What It Is and When You Need One
4 min read

FCD Account (Foreign Currency Deposit): What It Is and When You Need One

An FCD, or Foreign Currency Deposit account, lets you hold US dollars, British pounds, euros or Australian dollars in a Thai bank without converting the money...

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FET Form (Foreign Exchange Transaction Form): What It Is and Why You Need One
4 min read

FET Form (Foreign Exchange Transaction Form): What It Is and Why You Need One

A FET form is a certificate your receiving Thai bank issues on any single inbound transfer of USD 50,000 or more (about ฿1.65 million at ฿33/USD), confirming...

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Por 161 and Por 162: Thailand's Foreign-Income Remittance Rules
3 min read

Por 161 and Por 162: Thailand's Foreign-Income Remittance Rules

Since 1 January 2024, two Thai Revenue Department orders control whether you owe tax on money brought in from abroad. Por 161/2566 (15 September 2023) closed...

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Por Ror Bor: Thailand's Compulsory Motor Insurance Explained
4 min read

Por Ror Bor: Thailand's Compulsory Motor Insurance Explained

Por Ror Bor (พ.ร.บ., the Compulsory Motor Insurance Act) is the third-party liability insurance every registered vehicle in Thailand must carry by law. It...

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Seasoning (Visa Funds): What It Means and Why Lump Sums Get Rejected
4 min read

Seasoning (Visa Funds): What It Means and Why Lump Sums Get Rejected

Seasoning is the requirement that your visa funds sit untouched in an account for a set period before you apply, not just appear on the day you submit...

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