Key Benefits

Anywhere, Any time

Deposits can be made through any channel

High interest rates

Interest higher than 12-month fixed deposit account 

Tax free

No income tax deducted from your interest if you meet the conditions 

Qualifications and Required Documents

Be confident about your children’s future with Sinmathaya Subthawee – Bualuang Kids Account available for children aged 0-14 years
Opening a New Account

Simply deposit the same amount from 500-25,000 baht with a maximum deposit amount of not more than 600,000 baht for at least two years.You will receive an interest rate higher than the 12-month fixed deposit account without needing to pay income tax on it.

Deposit Conditions
Deposit the same amount every month as agreed with the Bank before the last day of the Bank’s working day of each month.

  • If you miss more than two deposits, you will lose the tax benefits of this account, but you are still eligible for the interest rate as prescribed by 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 as prescribed by the terms and conditions.
  • If a withdrawal is made prior to the maturity of the account, 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 as prescribed by the terms and conditions.

Note: Deposits into a Fixed Deposit account or Sinmathaya Subthawee account via ATM, CDM, Bualuang Phone, Bualuang iBanking and Bualuang mBanking can be made between 06:00 a.m. - 11:00 p.m.
Required Documents

For Thai Nationals
1. Parent (either father or mother)

  • Citizen ID Card or another photo ID card issued by the government 
  • Child’s Birth Certificate / Child ID Card (Specified for 7-14 years with ID Card)
  • Child and Parent's House Registration
  • Marriage Certificate or Child Certificate (Married without Marriage Certificate)

2. Guardian by court authority

  • Guardian by court authority's instruction
  • Your Citizen ID Card, or another photo ID card issued by the government
  • Child’s Birth Certificate / Child ID Card (Specified for 7-14 years with ID Card)
  • Child and Guardian by court authority's House Registration

 

For Foreigners

  • Your Passport and your child’s Passport, or Certificate of Residence, or Alien Certificate
  • Child and Parent's House Registration
  • Marriage Certificate or Registration of Legitimation of Child (Married without Marriage Certificate)
  • Tax ID
Provisions Governing Sinmathaya Subthawee Account
Product Catalog: Sinmathaya Subthawee Account
Sales Sheet: Sinmathaya Subthawee Account
Deposit Protection
From August 11, 2021 Thai Baht Deposits are protected under the Deposit Protection Agency Act up to a maximum of one million baht per one depositor per financial institution.

More information available at Deposit Protection Agency website www.dpa.or.th

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