First of all, you need to transfer the total amount in foreign currency to a local Thai bank.
The bank will then issue a copy of a FET-form (Foreign Exchange Transaction Form) where the following information needs to be included:
- The transferred amount in your chosen foreign currency
- The amount converted into Thai Baht
- The name of the sender
- The name of the beneficiary
- The purpose of the transaction
In case a FET-form is not available, there’s an option to provide a Credit Advice that should include the same information as specified in the Foreign exchange currency transaction reporting form.
The Foreign exchange currency transaction form is filled out when transferring your money into Thailand.