FET Form (Foreign Exchange Transaction Form)

Révisé par ThaiLawOnline, un cabinet d'avocats thaïlandais agréé exerçant en Thaïlande depuis 2006. Avocate thaïlandaise en charge du dossier : Wichuda Atthamethakon, LL.M., licence du barreau thaïlandais 3149/2556.

Dernière mise à jour le 5 septembre 2026

Le FET form (แบบการทำธุรกรรมเงินตราต่างประเทศ, the Foreign Exchange Transaction form, formerly the Tor Tor 3 ou TT3) is the document a Thai bank issues when it receives foreign currency from abroad and converts it into baht, recording the sender, the recipient, the amount, the currency and the purpose. For a foreigner buying a condominium it is the evidence the Bureau foncier requires under the Condominium Act that the purchase price came into Thailand from outside. Without it, or an acceptable substitute, the unit cannot be registered in the foreigner’s name.

What the FET form is and who issues it

The receiving bank issues it, not the Land Office. Banks prepare an FET form for inward remittances of foreign currency worth 50,000 US dollars or more, as part of Bank of Thailand reporting. For smaller amounts the bank does not issue the form itself, but it can issue a credit advice for each transfer and, on request, a confirmation letter listing the remittances, the foreign currency amounts, the baht received and the purpose. The Land Office accepts that letter in place of an FET form.

The legal requirement sits in Section 19 ter of the Loi sur les condominiums: a foreigner buying under the foreign quota must show that funds not less than the purchase price were brought into Thailand in foreign currency, or withdrawn from a non-resident baht account or a foreign currency account. The registrar has no discretion to waive this. Money that was converted into baht abroad and arrives as baht generates no FET form and does not qualify.

Getting the transfer right the first time

Three details decide whether the form is usable. First, the sender and the buyer must be the same person, or the form will name someone else; a transfer from a spouse with a different surname, a parent or the buyer’s own company creates a problem that a later explanation letter may or may not cure. Second, the currency must be foreign (US dollars, euros, pounds, Swiss francs) and be converted by the Thai bank, so the transfer instruction should say “do not convert” where the sending bank offers baht. Third, the purpose field should read “purchase of condominium unit” with the project and unit number, not “investment”, “savings” or “cadeau“.

The buyer collects the original FET form or confirmation letter from the branch before the transfer date and hands it to the Land Office with the passport, the quota letter and the debt-free certificate. Sending the money to the developer’s account directly is common for off-plan units; in that case the developer’s bank issues the FET form in the buyer’s name, and the buyer should ask for it in writing.

The form is not needed for a lease, a usufruct or a house bought on leased land, because none of those is a foreign freehold purchase under the Condominium Act.

Why the FET form matters again on resale

When the foreigner later sells, the bank remitting the proceeds abroad wants proof that the money leaving Thailand corresponds to money that came in for the purchase. The original FET form, the purchase contract and the transfer receipt from the Land Office are the documents it asks for. A buyer who never obtained the form, or lost it, can usually get a duplicate from the bank, but it takes time and is best requested well before the sale.

When a transfer was done wrongly, the choices are to ask the bank to certify the corrected purpose or the link between sender and buyer, to check the position with the Land Office before the transfer date, or, in the worst case, to send the money back out and remit it again correctly. The guide on transférer de l'argent en Thaïlande depuis l'étranger covers the practical steps.

Foire aux questions

Do I need an FET form to buy a condo in Thailand?

Yes, if the unit is to be registered in a foreigner’s name under the foreign quota. The Land Office requires evidence that the purchase price was brought into Thailand in foreign currency. An FET form is the standard evidence for transfers of 50,000 US dollars or more; for smaller transfers a bank credit advice and confirmation letter serve the same purpose.

Can the money for a Thai condo be sent by my spouse or company?

It is risky. The FET form names the sender, and the Land Office expects the sender and the registered owner to be the same person. Where a spouse, parent or company sends the funds, the bank may be able to certify the connection, but the safest course is for the buyer to remit the money personally.

Is the FET form needed for a lease or a usufruct?

No. The requirement to prove inward foreign currency applies only to a foreigner acquiring freehold ownership of a condominium unit under the Condominium Act. A registered lease, a usufruct or the purchase of a house on leased land does not require it, though the bank may still issue one.

Voir aussi : Foreign quota (49%), Condominium Act B.E. 2522, Condominium juristic person, The FET Form in Thailand ET Acheter un appartement en Thaïlande.

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