Foreign Currency Deposit Account

Manage your business transactions in foreign currencies

Companies or juristic persons registered abroad or in Thailand can open Foreign Currency Deposit Accounts in any of 14 currencies. The Foreign Currency Deposit Account is a convenient way to insulate your business from currency risks, while if you receive income in a foreign currency you will save on transaction fees. The account also enables you to act quickly when exchange rates move in your favor.

A Foreign Currency Deposit Account can be opened as a savings, fixed deposit or current account. You can transfer funds into your local baht account, to an overseas account. The minimum initial deposit is USD 5,000 or the equivalent in another currency.

Account Types
Available Currencies
Open an account

Foreign business entities	FCD Account for companies or juristic persons registered abroad	No restrictions regarding maximum value. Ideal for businesses, international organizations (e.g. embassies) or charity organizations which want to hold foreign currency payments without needing to immediately convert them to baht. Many businesses also make Thailand their financial management center using a Foreign Currency Deposit Account.
Thai businesses	Special FCD	Your business can hold foreign currency funds in the account equivalent to the value of foreign remittances the business receives from abroad. There is no maximum balance.
	Domestic Special FCD	Your business can hold up to USD 5 million or the equivalent in other currencies in the account and there are no restrictions regarding future payment obligations. Funds can be sourced locally or from abroad.
	Domestic FCD	Your business can hold funds in the account, provided you can show evidence as to the purpose of the funds (e.g. repay an offshore loan, pay for goods imported into Thailand, commission or freight fees). Funds can be sourced locally or from abroad.

Foreign business entities	FCD Account for companies or juristic persons registered abroad	No restrictions regarding maximum value. Ideal for businesses, international organizations (e.g. embassies) or charity organizations which want to hold foreign currency payments without needing to immediately convert them to baht. Many businesses also make Thailand their financial management center using a Foreign Currency Deposit Account.
Thai businesses	Special FCD	Your business can hold foreign currency funds in the account equivalent to the value of foreign remittances the business receives from abroad. There is no maximum balance.
	Domestic Special FCD	Your business can hold up to USD 5 million or the equivalent in other currencies in the account and there are no restrictions regarding future payment obligations. Funds can be sourced locally or from abroad.
	Domestic FCD	Your business can hold funds in the account, provided you can show evidence as to the purpose of the funds (e.g. repay an offshore loan, pay for goods imported into Thailand, commission or freight fees). Funds can be sourced locally or from abroad.

US Dollar (USD)
Chinese Yuan (CNY)
Euro (EUR)
British Pound (GBP)
Japanese Yen (JPY)
Singapore Dollar (SGD)
Hong Kong Dollar (HKD)
Australian Dollar (AUD)
New Zealand Dollar (NZD)
Swiss Franc (CHF)
Canadian Dollar (CAD)
Danish Krone (DKK)
Norwegian Krone (NOK)
Swedish Krone (SEK)

To open a Foreign Currency Deposit Account, simply bring these documents to any branch nationwide that provides Foreign Currency Deposit Services

.

Click here to view Deposit and Withdrawal Fees for FCD Account

Click here to view Conditions and Fees on Provision of FCD Account Service

For more information, please call Bualuang Phone on 1333 or (66) 0-2645-5555.