Fixed Deposit Account

Fixed Deposit Account

The fixed deposit account that can set the deposit period according to your preference for both individual and juristic persons.

Benefits

Choose the deposit period

According to customers’ preference, (1-14, 24 or 36 months).

Choose to earn interest

On maturity or monthly.

Convenient

Deposits can be made at any UOB branch.

Conditions and required documents

Terms and Conditions
chevron
  • Open an account with a minimum of THB 5,000 for the general fixed deposit account.
  • Deposit THB 10,000 or more for a fixed deposit account, earn monthly interest (each next deposit not less than THB 10,000).
  • Pay interest when the deposit term is due and/or payment of interest according to conditions.
  • Interest on the deposit earned by the customer is subject to withholding tax as follows.
    • Individual 15%
    • Non-profit entity 10%
    • Juristic person 1%
  • Deposit can be made at any branch.
  • Upon the due date, the customer may opt to transfer the total deposit amount and interest to savings or current account. If the customer does not contact the Bank, the system will continue the deposit with the compounded interest.
  • For withdrawal before due and deposit period < 3 months: no interest payment.
  • For withdrawal before due and deposit period >= 3 months: current savings interest rate with withholding tax.
  • The Bank requires that a fixed deposit account after at least 1 tenor period of that deposit with no deposit-withdrawal-transfer-account closing or passbook updated for more than 24 months consecutively must be considered a dormant account.
  • The Bank will give a written notice of the status and deposit balance of the said account for 3 consecutive times. Each time is 1 year apart.
  • The deposits are under the protection of the laws regarding the Deposit Protection Agency as per the amount and conditions stipulated therein.
  • Account Opening Form for juristic person (s)
  • Copy of the Company Registration Certificate
  • Copy of the authorised signatory’s identification card
  • Power of Attorney (if applicable)
  • Copy of identification card of the appointed proxy

Ready to apply?

Ready to apply?

Leave us your details and we will get in touch with you as soon as possible. Alternatively,
please visit any UOB branch nationwide.

You may also like

Savings Account

Saving accounts with interest received twice a year or monthly.

Foreign Currency Deposit Account

Foreign Currency Deposit Account

Deposit account for corporate entities that wish to hold funds in foreign currencies.

Online Business Account Opening

UOB's new service lets you apply, submit documents, and schedule appointments all through the online system.

We are here to help

Have questions?

Have questions?

Speak with us

Speak with us

Visit your nearest branch

Visit your nearest branch