BAY Bank Flat-out Refuse to issue letter needed for purchase.

[Happy Grumpy]

In the middle of buying a condo.

The funds have been transferred.

Cashier's Check has been issued.

The letter that is required with the address of the condo, the sale amount, and that the funds arrived in Thailand from overseas as Euros.

They are absolutely refusing to add this to the letter. We have shown them the sample letter from the agency from another bank, have clearly specified that these 3 things need to be on it, and they just flat out refuse to add it, saying that they cannot and will not do it.

The first time we went they didn't want to do anything, saying that this cannot be done. The agency spoke to them and they had to issue us the cashier's check after first telling us they couldn't, now they don't want to back track on this to lose face.

Instead they are issuing 2 documents, one letter with the address of the condo, the sale amount etc, but refuse to add that the funds came from overseas. And another document showing the SWIFT transfer to my account in Euro.

The agency now has to show these to the Land Office (different province) to see if they can accept them.

The joys of dealing with such people.

Anyone know of anyone that got the condo transferred to them using such a method? 1 bank letter stating everything except the funds came from overseas, and one document from the bank showing the transfer of funds to the account?

[Alration]

So the bank is "flat-out refusing" to supply the document that confirms that the funds arrived in Thailand from overseas as Euros apart from supplying a document that confirms the SWIFT transfer from overseas to your account in Euro. Seems like the bank is supplying just what you need.

Edited December 8, 2015 by Alration

[KittenKong]

There is no letter.

All you are entitled to is an FET form which amounts to a computer-generated sheet showing the sender, the recipient, the dates, the amounts, the currency and the exchange rate applied. If the sender included such information as "for purchase of condo xxx in building yyy" this will also be mentioned on the FET form. If the sender did not include this it will not be mentioned.

I used an FET form that just said "personal expenditure" as the reason for the transfer and no one was at all concerned at the Land Office. Why should they be? There is no requirement that the money should be transferred for any specific purpose, just that it come from abroad and be exchanged here.

Edited December 8, 2015 by KittenKong

[Crossy]

An off-topic post has been removed.

The subject is the FET (formerly the TT3) form.

OP, have you actually asked for a FET (TT3)?