FET forms: proving your money entered Thailand
Purchase funds for a Thai property must enter the country in a way that can be documented — and the FET is the document that records it. Buyers meet the FET at purchase time and again at resale, which is why it belongs in the file a verification checks. This guide explains what the FET form is, why it matters twice, and how a verification records it.
What the FET form is
The FET form — the Foreign Exchange Transaction form — is the bank evidence that your purchase funds entered Thailand from abroad. It is one of the exact terms of Thai property: buyers search for the real words, and a paraphrase creates ambiguity.
As bank evidence, the FET connects the money to the purchase: it shows that the funds came from outside Thailand, and that is what makes it proof. It is a document that keeps its value long after the purchase closes.
Why it matters twice
The FET matters twice. It proves the money for the purchase entered Thailand from abroad in a documented way. And it is needed to repatriate the proceeds later: at resale, the FET is part of what allows the money to leave the country again.
The second reason is why the document keeps its value after the purchase closes. A missing FET is a real problem at resale — and a verification happens before the money moves, at the moment when that problem can still change the decision.
Where it sits in a verification
A verification records the money trail as evidence like any other document: what exists, what is missing, and who verified it, each entry with its source and reference number. The FET, when it is present, is one of those entries — and when it is missing, the missing entry is recorded just the same.
Together, the entries form the evidence ledger — the list of source documents behind each finding, with issuing office, reference number, date and reviewer. It is the part of the certificate that lets a finding be checked against the document behind it.
What Suradeed is, and is not
Suradeed is not a law firm and gives no legal advice. Every legal finding and recommendation in a verification certificate is produced and signed by a licensed Thai law firm, which is responsible for it. Suradeed defines the verification protocol, coordinates the work, controls its quality and delivers the result.
You are billed in two lines for that reason: the partner firm's fee, which Suradeed collects as payment agent for the firm, and Suradeed's own platform and coordination fee. Suradeed accepts no commission or referral benefit from any seller, developer, agent or broker — independence is contractual.
Where a Suradeed summary sits next to the signed certificate, the summary is attributed to Suradeed and the certificate to the firm.
FAQ
What is a FET form?
The FET form — the Foreign Exchange Transaction form — is the bank evidence that your purchase funds entered Thailand from abroad. It is also the document needed to repatriate the proceeds of a sale later.
Why does a missing FET matter?
Because the FET is needed to repatriate the proceeds when you sell. A missing FET is a real problem at resale: the file then lacks the evidence that the purchase funds entered Thailand from abroad.
What does the verification record about the funds?
The money trail is recorded as evidence like any other document: what exists, what is missing, and who verified it, each entry with its source and reference number. Together the entries form the evidence ledger.
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