To open a Bualuang Kids account for your child (0-14 years old), you'll need an initial deposit of between 500Bt and 25,000Bt. You will then need to make monthly deposits of that same amount for
two years.

Able to be paid on maturity along with the principle deposit, tax-free interest will be added to your child's account on a regular basis. To maximize interest earned in a Bualuang Kids account, make sure contributions are made into the account each month until maturity.

Parents (either father or mother)

• Your citizen ID card or ID papers 
• Child's house registration
• Your child's passport and your passport (foreigners)

Guardian by court authority

• 'Guardian by court authority' Instruction
• Your citizen ID card or ID papers
• Child's house registration

Identical deposits need to be made monthly. Deposits are to be made no later than the last working day of the month.

• If less than two deposits are missed, you will still be able to receive your tax benefit and interest rate according to the terms and conditions.
• If between two and four deposits are missed, you will lose your tax benefits of the account, however the account will still be eligible for the interest rate according to the terms and conditions.
• If more than four deposits are missed, your account will be closed. The tax benefits of this account will be lost and the interest rate will revert to 60% of the interest rate according to the terms and conditions.
• If a withdrawal is made prior to the maturity of the account, interest will be set at 60% of the interest rate specified in the terms and conditions. The interest received will be subjected to a withholding tax of 15%.

Required monthly deposits can be made easily via any of the following channels:

• Bualuang ATMs
• Bualuang CDMs
• Bualuang iBanking
• We recommend Standing Order Service which is free; funds are automatically transferred from a savings account or current account to Bualuang Kids account each month and you don't have to remember to transfer.

For more information, please contact any Bangkok Bank branch or call Bualuang Phone 1333.