Why Bangkok Bank

FCD Account for Non-Residents is for foreigners who would like to hold incoming foreign funds without needing to immediately convert them to baht or for those living in Thailand who want to convert and save their Thai earnings in a foreign currency.

Convenient

An ideal way to keep savings in your own currency if you’re a foreigner living in Thailand or an expat receiving a salary or pension 

Exchange or Keep as You Want

No limit to the maximum deposit balance and you can exchange for Thai baht any time at favorable rates

Simple

No documents required when you withdraw funds or transfer money overseas.

Qualifications and Documents for Opening an Account

Open an Account

FCD Account is suitable for non-residents who prefer to save money in a foreign currency without needing to immediately convert funds to Thai baht.

You can open
an FCD Account for Non-Residents in a Savings, Fixed Deposit or Current Account with the minimum initail deposit at USD1,000, or the equivalent in another currency.* You can make deposits in 14 major currencies:

 

  • U.S. Dollar (USD)
  • Chinese Yuan (CNY)
  • Euro (EUR)
  • British Pound (GBP)
  • Japanese Yen (JPY)
  • 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)
  • Singapore Dollar (SGD)
 
* For the initial amount in other currencies please see Conditions and Fees for Provision of Foreign Currency Deposit Account Services

 

You can view account balances and account activities over the last two months and transfer funds from your FCD Account for Non-Residents into your local baht account via Bualuang iBanking.


You can open your FCD Account for Non-Residents at any branch that provides FCD services with required documents.

Documents Required for Opening the Account
  • For foreigners with Thai permanent residency
    • Alien Certificate or Certificate of Residency or Passport
    • A Copy of House Registration

  • Foreigner with a work permit
    • Passport
    • Work Permit
  • Foreigners without a work permit

Passport and one of the following documents:

A reference letter issued by one of the following institutes or organizations

  • Embassy or international organization
  • International institution, e.g. pension certificate issued by overseas organization
  • An overseas bank where the customer holds an account sent via SWIFT
  • Trusted individuals such as a Bangkok Bank staff member or customer, government officer, director of a private company, government or private educational institutes located in Thailand trusted by the Bank
  • Trusted companies, e.g., an employment letter from the company if the customer is in the process of applying for a work permit.

Other documents with the customer’s name and address can be used as supporting evidence for opening a bank account (in addition to the documents stated above) such as a lease agreement or apartment sale agreement.

Download Document

Account Requirements and Details
Bangkok Bank branches providing FCD Services
Deposit and Withdrawal Fees for Foreign Currency Deposit Account Services
Conditions and Fees on Provision of Foreign Currency Deposit Account Services

FAQs

What is FCD Account for Non-Residents?

FCD Account for Non-Residents is Bangkok Bank’s foreign currency deposit service that enables you to deposit foreign currency in 14 main currencies. You can deposit, withdraw or transfer the money in the account without converting money into local baht suitable for non-residents who would like to save foreign currency earned from overseas and convert them to baht whenever they prefer the exchange rate and for non-residents who work in Thailand and would like to save money in foreign currency in the account.

Can I save the money transferred from overseas in foreign currency?

FCD account enebles you to save money in foreign currency transferred from aboard in the account and convert them into local baht whenever you prefer the exchange rate.

Can I deposit local baht into FCD account?

You can deposit your local baht into the account by  displaying income statement from employer and be able to deposit as the amount shown upon the bank officer.  

Can I transfer foreign currency from FCD account into overseas saving account?
Yes, and the withdrawal transaction fees for FCD accounts will be varied depending on the currency between 0.25%-1.25% Of withdrawal money (minimum at 500 baht) and fees will be applies for transferring money to overseas (400 or 1,150 baht for major currencies except JPY and HKD). y Bangkok Bank branch providing FCD services.
What special conditions apply to open a Special Savings Foreign Currency Deposit Account?
  • You need to open an account with a minimum first deposit of USD1,000 or the equivalent. You also need to maintain a monthly average of USD250. The bank will charge USD10 if your account balance drops under USD250.You can only convert local baht into foreign currency with the bank and deposit into the account.
  • You can deposit up to USD5 million or the equivalent in such country in the case of deposit without evidence for the overseas expenses or the amount in overseas expenses letter.
Can I withdraw the money from my FCD account in Bangkok Bank’s overseas branches?
No. There is no such services yet.
What is the maximum amount I can withdraw from my FCD account?
There is no limited withdrawal amount to get the local baht. If you withdraw more than 2 million baht, you have to inform the purpose to the bank.  
Which rate does the bank use in withdrawing FCD into baht?
Bangkok Bank uses the ‘Buying TT Rate’ for withdrawing the money into local baht with no fees charged. 
Can I deposit and withdraw money from my FCD account in a foreign currency?

Yes, however, a fee will apply in depositing and withdrawing with foreign banknotes as follows:   

  • 1 % of depositing or withdrawal money for USD (minimum at 500 baht)
  • 2%  of depositing or withdrawal money for another currency (minimum at 500 baht)
What should I do if I would like to open an FCD account?
Prepare the documents for opening FCD account as the bank’s conditions and contact at Bangkok Bank’s branches with FCD service nationwide.    
Can I open FCD account using Tourist Visa?
The bank can open an FCD account for customer holding Tourist or other types of Visa. 
Where can I deposit and withdraw the money?
If you opened your FCD account at Bangkok Bank’s Headquarters or another branch outside Bangkok that provides Foreign Currency Deposit Services. However, if you opened your FCD account at Foreign Department in Bangkok Bank in Bangkok and surrounding provinces, you can deposit and withdraw the money from the branch you opened your account only.
Can I manage my FCD account online? 
You can manage your FCD account via Bualuang iBanking Service, such as, checking account balance and account statement over the last two months, transferring funds from your FCD account into your local baht account.
However, the users are still unable to transfer funds from FCD accounts into overseas account via Bualuang iBanking Service.
What is the minimum saving needed to maintain in the US dollar deposit account for foreigners with foreign account?
You need to maintain a monthly average of USD250 for saving account and current account. For fixed deposit account, it should be USD500 per deposit.
The bank will charge USD10 per month if your account balance drops under USD250.

Note: For other foreign currency, please see Conditions and Fees about FCD services.  
Can I authorize another person to conduct transactions on my behalf? 
The account owner can authorize another person to conduct transactions on your behalf, you and the authorized person must sign together the authorization form and signature card in front of a bank officer. Please bring along your ID card or passport. There will also be a duty stamp of 30 baht for each authorized person. However, if you want to close the account, only you can close the account.   
Can I have an ATM card linked with my FCD account?
The ATM card service for FCD account is not available yet.
I forgot my passbook. Can I make a transaction without a passbook?
Yes, you can make a transaction without a passbook.
Can I close my account without a passbook?
No, you can’t. A passbook is required to close an account. 

Choose the FCD Account That Suits You

Special FCD Account

Manage foreign currency received from overseas by saving funds in the account and exchange into Baht at the time of your preferred currency exchange rate.

Domestic Special FCD and Domestic FCD

Conveniently and efficiently manage your income and expense in foreign currency

Special Savings FCD Account

A cost-effective savings plan to support your living expenses in a foreign currency. Plan your future expenses confidently. No exchange rate worries!

TOOLS & ASSISTANCE

We are ready to help you.