Type of Account
- Saving Deposit
- Time Deposit
Acceptable Currencies
- United State Dollar(USD)
- Great British Pound Sterling(GBP)
- Japanese Yen(JPY)
- Australian Dollar(AUD)
- Swiss Franc(CHF)
- Euro(EUR)
- Singaporean Dollar(SGD)
Documents required
1.Individual Resident Account
- A copy of Thai Citizen Identification
2. Individual Non-Resident Account
- A copy of passport,and
- A copy of work permit for Thailand
3. Corporate Account
- A copy of Business Registration. or
Certificate of Incorporation
- A copy the Articles of Association
- A copy of resolution of board of directors'
meeting indicating the intention to open the account,
duly cerfified by the corporate secretary of the company
or corporation, and notarised by a competent notary public
- A letter of Attorney designating a person(s),
and specimen signature(s) of said person(s) to sign for
and on behalf of the company
- For corporate account incorporated in
Thailand; all credit transactions must be accompanied
by supporting documents indicating an obligation to transfer
payment in foreign currency within 180 days from the date
of deposit in compliance with Bank of Thailand's regulation
- For corporate account incorporated overseas;
all reference documents must be notarised by a competent
notary public and certified by Royal Thai Embassy, Royal
Thai Consular-General, or the Ministry of foreign Affairs
of Thailand
- Tax identification (only for resident
account)
4. Foreign Embassy, Mission, Consulate and
International Organization Account
- An official note from the Ambassador,
or Charge' d'Affaires, or head of International Organization,
or Diplomatic Mission signed and sealed by Ambassador,
Charge' d'Affaires, or Secretary-General of the respective
International Organization, indicating its intention to
open foreign currency account
- All reference documents from foreign
embassies, Diplomatic Missions, Consulates, or International
Organisations must be cerfified by Royal Thai Embassies,
Royal Thai Consular-General, or the Ministry of Foreign
Affairs of Thailand
Initial Deposit
- USD 5,000.00(USD five thousand only) or
equivalent, except for Corporate account incorporated in
Thailand
Maintenance Fee
- Maintenance fee charged at USD 50.00 per
annum on non-active account
Deposit Commission
- Banknote : 0.50 % commission in lieu of
exchange
- T/T, Swift, Export Bills, and Foreign Bill:
Free of charge
Withdrawal Commission
- D/D, T/T, Swift 0.125% minimum USD 10 plus
communications expense Baht 500 (in case of effect in full
amount: our charge USD 10 for USD currency, and USD 15 equivalent
for other currencies)
- Import settlement: 0.25% flat
- T/C 0.125% minimum USD 10, plus 1% and
Baht 3 stamp duty
- Banknote 0.50% commission in lieu of exchange
- Convert into Thai baht free of charge
Foreign Bills for Collection
- Collection charge : USD 10, Plus foreign
bank charge
- Return cheque : additional foreign bank
charges
Interest Rate
- Interest rate as periodically appears in
the bank announcement and subject to change from time to
time
- Saving A/C : Interest is calculated daily
and paid of a half-yearly basis
- Time A/C ; rates are accepted for a period
of 3, 6 and 12 month
Important Notice:
- Deposit and withdrawal from these accounts
are subject to Bank of Thailand's regulations.Withholding tax will be debited from the
account in account in accordance with the government regulations.
- The above information is subject to change
without prior notice.
- For further information, please contact
nearest any UOBT brances, or the FCD Section, International
Trade Services and Remittance Devision, the firsth floor,
690 UOB Bldg., Sukhumvit Road, Bangkok 10110: telephone
0-2620-5127-34
For further enquiries , please contact us at 0-2620-5071-3
|