Fund remittance guide for foreign buyers

Extracted from Real Estate Project Ownership Transfer Operations Handbook · Appendix E Sample Letters
The structure of the letter follows Appendix E of the handbook. The bank details fields are left blank for the company's actual information.

REMITTANCE INSTRUCTIONS

For — Unit

Dear ,

Please use the following details for the payment to .

Beneficiary Details

Beneficiary Name
Beneficiary Address
Bank Name
Bank Address
SWIFT Code
Account Number

Required Information

Amount	THB (or equivalent in your currency)
Purpose Code
Purpose Description	“Purchase of Condominium Unit at ”
Reference	/ Unit /

Important Notes

The remitter's name must be the Buyer's name exactly as shown in the passport. Transfers from a company or third party may not be accepted for registration.
Please send foreign currency and let the funds be converted into Thai Baht in Thailand.
Please add a buffer of about for exchange-rate movements and bank fees. Any excess will be refunded or applied to closing costs.
Please ask the receiving bank for the Foreign Exchange Transaction (FET) form and forward it to us within business days.

Contact:

Authorized Signatory

Data you enter stays in your browser only; it is not sent to or stored on a server. This template is an example of document structure; a lawyer or other responsible person must review the wording before real use.

When to send

Send to the buyer at least 30 days before each payment is due, following the FET Process Flow, and then track receipt of the FET for every instalment in the reconciliation table.