2. To obtain a “Foreign Exchange Transaction” certificate, please Ensured that you follow the instructions below.
2.1 The name of the remitter must be the same as the purchaser (as indicated in the S&P agreement. Please fill in full name and address of the remitter and the beneficiary.
2.2 The money is transferred as foreign currency. Do not convert in Thai Baht before making a transfer. The conversion into Thai baht will be done by the beneficiary bank.
2.3 Please indicate in the transfer instructions that the purpose of transfer is
“To purchase a condominium unit No………….at The Sea Condominium”
Please use the exact wording above in order to avoid any misinterpretation by the Land Department. For example, the word “apartment”, a term which is frequently used in other countries, has different meaning from “condominium”
2.4 Please include both overseas and beneficiary bank charges for each payment.