Foreign Currency Deposit Account

• Saving Deposit
• Time Deposit

• United State Dollar(USD)
• Great British Pound Sterling(GBP)
• Japanese Yen(JPY)
• Australian Dollar(AUD)
• Swiss Franc(CHF)
• Euro(EUR)
• Singaporean Dollar(SGD)
• New Zealand (NZD)

1. Individual Resident Account
   • A copy of Thai Citizen Identification

2. Individual Non-Resident Account
   1. A copy of passport, and
   2. 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 certified 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 Organizations must be certified by Royal Thai Embassies, Royal Thai Consular-General, or the Ministry of Foreign Affairs of Thailand

• USD 5,000.00(USD five thousand only) or equivalent, except for Corporate account incorporated in Thailand

https://www.uob.co.th/web-resources/pdf/personal/announcement/13bankfee/2017/FCY-Fee_24Apr2017_en.pdf

• Banknote : 0.50 % commission in lieu of exchange
• T/T, Swift, Export Bills, and Foreign Bill: Free of charge

• 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

Effective on 31 July 2018 onwards, the Bank has discontinued the deposit & withdrawal transaction with physical foreign currency banknote from Foreign Currency Deposit account. You can continue using foreign currency deposit account with the following services.

• Deposit / Withdrawal transaction services with THB currency banknote which the bank uses FX rate on that day for exchange.
• Inward / Outward fund transfer services with FCY / THB currency which the bank uses FX rate on that day for exchange.

Remark: Deposit / withdrawal / fund transfer services between foreign account and THB account must be in compliance with FX regulations

• 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 UOBT service branches, or the FCD Section, International Trade Services and Remittance Division, the first floor, 690 UOB Bldg., Sukhumvit Road, Bangkok 10110: telephone 0-2620-5127-34

Service Branches:

• Foreign Currency Deposit Service Branches