TH Thailand property term
AMLO Transaction Reporting
สำนักงานป้องกันและปราบปรามการฟอกเงิน
Pronounced: sam-nak-ngan pong-kan lae prap-praam kan fok-ngern
Plain-English definition
Rules requiring certain businesses and professionals to report specified transactions to Thailand's Anti-Money Laundering Office.
Why this matters to a foreign buyer
A report does not mean wrongdoing. Banks or professionals may simply ask for extra identity and source-of-funds documents.