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Transferring Money From Overseas To Buy Condo


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My unit was already designated and the developer told me to list the unit number as well as say it was for a purchase of a condo. I had to overpay due to exchange rates. Better to pay US Dollars (in my case) rather then send baht (the back would have screwed me on the exchange rate). They wouldn't let me wire the majority and pay the rest when I signed the papers. After all was said and done, they gave me a refund. BUT luckily my wife kept an account in Thailand so I was easy to deposit the refund.

Edited by j0hnga1t
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My unit was already designated and the developer told me to list the unit number as well as say it was for a purchase of a condo. I had to overpay due to exchange rates. Better to pay US Dollars (in my case) rather then send baht (the back would have screwed me on the exchange rate). They wouldn't let me wire the majority and pay the rest when I signed the papers. After all was said and done, they gave me a refund. BUT luckily my wife kept an account in Thailand so I was easy to deposit the refund.

You must ONLY send foreign currency, not Baht.

But you were paying to the developer which is probably why he said to state the unit number, to make it easier for his records.

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