Originally Posted by glob99
Sounds like the guy is trying to avoid declaring $20000 USD. Banks report all large transactions like this one to the government. He is on the shady side of the street.
Even I would never declare cash to customs in Thailand. A similar story could happen there as some of them are also looking for such a side income. I already had terrible stories with them depositing my luggage in customs bond. If you send money in by bank, they will convert it to Baht at a much lower rate than Superrich. Superrich is ratewise one of the best places in the world to change (for example) Euros to US Dollars in cash.