Currently, asset management companies have roles in reporting their portfolio outward foreign and derivatives of mutual funds and provident funds to both SEC and BOT on a monthly basis. In order
purchase or exchange of foreign currencies: Outward funds transfers are allowed freely for any purpose, except for the purpose that requires permission from the competent officer of foreign exchange control
. - Reduce supporting documents for outward remittance in certain objectives and allow submission of supporting document in electronic form. - Individuals are allowed to domestically enter into a forward