Property payments and FET transfers in Phuket

What property payments does CAT Exchange handle?

Payments to developers and private sellers, invoices issued in any country, and bills or taxes owed to Thai accounts. Each is arranged as a separate operation, and nothing here is a standing offer for a fixed amount or timeline.

Key facts

• An FET certificate threshold is confirmed by the bank within the same 60-minute rate hold.
• The Bang Tao office takes property payment requests 12 hours a day, 09:00 to 21:00.
• A confirmed rate for a property payment holds for 60 minutes after you accept it.
• Cash US dollars in 50 and 100 notes were bought at 32.5 THB on 4 September 2026 for reference.
• Messenger support for property payments runs 24 hours a day, seven days a week.
• A property payment route and rate are confirmed within the same 60-minute hold.
• Development and resale payments are supported with 24-hour messenger response.
• An SBP transfer from a Russian bank starts at 10,000 THB, one route into a property deal.

What is an FET certificate and when do you need one?

The FET is the document a Thai bank issues when foreign currency arrives from abroad and is converted into baht. For a foreign buyer registering a condominium as freehold, that document is the evidence that the purchase money came into Thailand in foreign currency.

Two points to settle early with your lawyer. The name on the transfer usually has to match the name on the title, and the stated purpose of payment usually has to reference the property. Getting either wrong at the sending end cannot be fixed at the Land Department later.

Who typically uses this?

Buyers paying a developer from abroad, owners settling a resale, and residents paying Thai bills a foreign card cannot reach.

The common thread: money starts outside Thailand and has to arrive in baht, in the right account, with paperwork that survives inspection. A holiday exchange of a few hundred dollars, covered on the cash currency page, is a different task.

What should you prepare?

Send the documents before you send money. Route, cost and timing depend on what the paperwork says.

• the purchase contract or reservation agreement, and the invoice from the developer or seller;
• the recipient bank details exactly as the recipient issued them;
• the passport of the person who will hold the title;
• the amount, the currency you are sending from, and the country the money leaves;
• for a freehold registration, confirmation from your lawyer that an FET is required and in whose name.

How is the rate agreed?

In writing, in the chat, before anything is sent. A confirmed exchange rate holds for 60 minutes after you accept it, the same rule that applies at the counter.

As a reference point, cash US dollars in 50 and 100 notes were bought at 32.5 THB per dollar on 4 September 2026. Property payments are quoted separately from the counter rates on the rates page, since amount, currency and sending country all move the number.

What is the order of steps?

Four steps, and the paperwork comes first.

1. Write to WhatsApp or Telegram with the type of payment, the amount and the recipient.
2. Send the contract, invoice and recipient details for review.
3. Accept the confirmed route, rate and requirements in the chat.
4. Send the funds, then receive the payment confirmation and, where applicable, the FET certificate.

No step in that list has a promised duration. Banks on both ends run their own checks, and a transfer that clears in a day for one buyer takes longer for another.

What is not promised here?

Fixed timelines, fixed amounts, and any statement about your legal position. The office confirms what it can do for your specific deal after seeing the documents.

Registration requirements come from the Land Department and your lawyer, not from an exchange office. Bring their instructions into the chat and the payment is arranged to match.

Anyone sending money from a Russian bank should also read the SBP transfer page, and stablecoin holders the USDT page. Which route fits a property payment is decided per deal.