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buying condo rules


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are the rules still the same, when buying condo, you need to transfer from abroad exact amount with subject buying condo? 

The problem is that you find a condo you like then you have to go home to do the transfer etc....and come back....

 

does it still have to come from your bank account, or can the family member do the transfer from theirs?

and what are the chances to loose the condo for some reason, has it happened to somebody here on this board?

 

Edited by parafareno
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Doesnt need to be the exact amount, just put condo purchase in the title imo.

Shouldn't be an issue to get a FET form nowadays, afaik it doesn't need to come from your personal account but needs to arrive on your personal account.

 

Why would u need to have to go home to make a bankwire? 

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cause i dont want to have access online to my funds for safety reasons and scams........so if my sister transfers funds to me it is ok? I thought funds need to come from your own name....

do you need to share same last name?

Edited by parafareno
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4 hours ago, parafareno said:

cause i dont want to have access online to my funds for safety reasons and scams........so if my sister transfers funds to me it is ok? I thought funds need to come from your own name....

do you need to share same last name?

 Unusual and interesting Q

My guess is that if it comes into your account from any source abroad it should be ok

Banks are always concerned about money laundering.

Suggest that  you speak with your Thai bank.

Different banks may have different policies

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