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I have some funds in Thailand which I intend to use it to purchase a condo.



Well, instead of repatriating the funds overseas and remitting the funds back to Thailand to obtain a FEC or Thor Tor 3, I have come across a law firm in Pattaya who say they can obtain a Thor Tor 3 for me without my having to repatriate the funds to overseas or remit funds from overseas. Of course, I need to pay a fee.



Is this legal ? How is it possible that a Thor Tor 3 can be issued in my name when there is no external remittance of funds ? I mean which bank is prepared to sign a FEC on this basis ?



I remember with my previous transaction, the Thai bank even insisted that the remitting party must be the purchaser of the condo.



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