Foreign Currency Deposit Account

  • Foreign currency deposit accounts are eligible for

    US Dollar (USD), British Pound (GBP), Japanese Yen (JPY), Australian Dollar (AUD), Swiss Franc (CHF), Euro (EUR), Dollar Singapore (SGD) and New Zealand Dollars (NZD), Japanese YEN (JPY)

Product Benefits

  • Deposit-Withdraw in Thai baht
  • Accounts can be opened by individuals or corporate entities
  • There are 2 types of accounts:
    • Savings Account
    • Fixed Deposit on 3, 6, 12 months term

Terms and Conditions

  • Minimum account opening must be at least USD 500.00 or equivalent, except for companies registered in Thailand
  • If savings account is a non-active account over 1 year , the Bank will debit maintenance fee as specified in each currency.
  • An inactive fixed deposit account refers to account without any of these activities including deposit, withdrawal, fund transfer, passbook update, and closure of any account balances, for more than two years. The Bank will send a notification letters to inform customers of account status and remaining balance on a yearly basis for three consecutive years.
  • To reactivate the dormant account, the account owner must be verified and processed for withdrawal transaction at branch
  • Transactional fee is subject to each channel as per Bank Fee Table Click
  • The Foreign Currency Deposit account are not protected by Deposit Protection Agency.

Applicant Qualifications

  • Individual or Corporate

Document requirement

  • Companies registered in Thailand and abroad
    • Memorandum of Association
    • Commercial Registration Certificate
    • Minute of meeting  Foreigner Currency Account Opening.
    • Tax Identification Card
    • A company registered in Thailand must show documents to pay foreign currency payments within 6 months from the date of deposit
    • In case of companies registered in foreign countries, all references must be approved by the Embassy of the Thailand consular or Ministry of Foreign Affairs
  • Thai citizen
    • Copy of identity card
  • foreigner
    • Copy of passport
    • Copy of work permit