fvw53 Posted March 26, 2015 Share Posted March 26, 2015 An Elite Card holder wants to buy my condo. Since many years he transferred a lot of money from abroad which he keeps in Thai bank accounts Does he need - to buy my condo - to transfer money again from abroad or can he as Elite Card holder ask the bank a certificate with the origin of his money? Link to comment Share on other sites More sharing options...
yankee99 Posted March 26, 2015 Share Posted March 26, 2015 He needs to ask a the bank for a letter showing funds from abroad. His elite card has nothing to do with it as far as i know 2 Link to comment Share on other sites More sharing options...
HerbalEd Posted March 26, 2015 Share Posted March 26, 2015 The Elite Card has nothing to do with it. Link to comment Share on other sites More sharing options...
Maestro Posted March 26, 2015 Share Posted March 26, 2015 Removed five off-topic posts. Link to comment Share on other sites More sharing options...
dotpoom Posted March 26, 2015 Share Posted March 26, 2015 (edited) If he already has the money in the bank just have the amount required changed into dollars (or any other and currency I suppose) and back again into Baht again, that will do. The bank can do it for him. Edited March 26, 2015 by dotpoom Link to comment Share on other sites More sharing options...
Guest Posted March 27, 2015 Share Posted March 27, 2015 Here is a link to one of dozens of excellent articles on this subject.http://www.thailandlawonline.com/article-older-archive/condo-purchase-currency-fet-form-remittanceLong story short ... the Foreign Exchange Transaction (FET) must have a clear trail to the purchase of the condo.Bankers deal with this every day ... it should not be a problem if the funds came into Thailand in a correct path.His Elite Card means nothing in tis case. Link to comment Share on other sites More sharing options...
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