How can someone buy a condo in Thailand without a local bank account?

Buying a condo in Thailand without a local bank account can be challenging but possible. It is crucial to transfer funds from a foreign account to the seller's account. Condos owned by foreigners are considered foreign investments, so funds must be transferred in foreign currency. One can open a Thai bank account with a purchase agreement, allowing funds to be transferred and documented properly for the land office. Alternatives like using cryptocurrency or an escrow account have also been suggested.