Foreign Currency Deposit Account

  • Foreign currency deposit accounts are eligible for

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

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 month terms

Terms and Conditions

  • Minimum account opening must be at least USD 5,000.00 or equivalent, except for companies registered in Thailand.
  • The Coverage of insured deposits is based on The Royal Decree on the Deposit Coverage Limit B.E. 2559
  • THB 100 monthly per account if average monthly balance lower than THB 1,000
  • THB 100 per month per account if there are no transactions for more than 1 year and the outstanding balance is less than THB 5,000, effective on 25 April 2015 onwards
  • Transactional fee is subject to each channel as per Bank Fee Table Click

Applicant Qualifications

  • Individual or Corporate

Document requirement

  • Companies registered in Thailand and abroad
    • Memorandum of Association
    • Commercial Registration Certificate
    • รายงานการประชุมว่าด้วยเรื่องการเปิดบัญชีสกุลเงินต่างประเทศ พร้อมเงื่อนไขต่างๆ
    • Power of Attorney (with the stamp duty of 30 Baht) and the signature of the authorized signatory company as certified
    • 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