thaitero Posted November 18, 2013 Share Posted November 18, 2013 (edited) How recent this bankpaper have to be when buying condo? I have 2 condos due to be ready to move in about jan 2016. They are "new condo projects" and when they are ready i have to pay last payments then. However i was thinking bringing last paymentmoney already into Thailand and put this money to some "high interest account" waiting for the "jan 2016" payments.Is this o.k and are these "proof of origin bank papers" valid for ever? When i should pick these papers from bank? When money comes in or when i am going to pay these condos? Since i have 2 condos to buy, do i need to send 2 separate swift transfers for this or one is enough? Both condos are from same developer. Monthly payments i have paid direct to developer from outside of thailand but these last payments i was thinking to pay from my thai account.. Thanks in advance for any useful information Edited November 18, 2013 by thaitero Link to comment Share on other sites More sharing options...
falang07 Posted November 19, 2013 Share Posted November 19, 2013 (edited) One transfer is enough and paper validity is not limited. Edited November 19, 2013 by falang07 Link to comment Share on other sites More sharing options...
thaitero Posted November 25, 2013 Author Share Posted November 25, 2013 O.k thanks for the info.. I was just wondering this because i have bought one condo before where i live now and same time when i sent my condo money to Thailand i sent with that same swift also quite a lot living, renovation etc money. I vaguely remember that time my real estate agent told me that i can use only that paper or that money for only one condo or something like that.. Well maby she meant something else or i missunderstood.. Link to comment Share on other sites More sharing options...
just_Elaine Posted December 1, 2013 Share Posted December 1, 2013 What if, later on, one buys two condos like the OP said then wants to sell one condo and transfer that money back home? Do you just hold on to that paperwork for a possible later transfer? Link to comment Share on other sites More sharing options...
simple1 Posted December 1, 2013 Share Posted December 1, 2013 (edited) What if, later on, one buys two condos like the OP said then wants to sell one condo and transfer that money back home? Do you just hold on to that paperwork for a possible later transfer? When sending money from your overseas bank e.g. via SWIFT, ensure that you provide a comment on the transaction such as "purchasing condo". The Thai receiving bank will provide a Foreign Exchange Transfer (FET) form for your records that will simplify transfering funds back overseas. Edited December 1, 2013 by simple1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now