Key Benefits
No Exchange Rate Worries
Purchase and deposit foreign currencies when the exchange rate is favorable to pay for future expenses in a foreign currency e.g. overseas education expenses, goods and services
Save funds in various currencies
You can choose to open the account in 16 major currencies
Waiver of Withdrawal Fees
Waiver of withdrawal fees when transferring funds overseas and waiver of transfer fee for other FCD accounts with Bangkok Bank
Convenient
Manage your own account via Bangkok Bank Mobile Banking
Qualifications and Documents for Opening an Account
Open an Account
Special! for Thai Residents only
Special Savings FCD is an account that gives you a waiver on withdrawal fees when transferring funds overseas.
All you need to do is to open the account and deposit funds into it by converting funds from your Thai baht account via Bangkok Bank Mobile Banking for up to 3 million baht per transaction or contact a Bangkok Bank branch nationwide which provides a Foreign Currency Deposit service with no maximum limit.
*Withdrawal fees (Commission in lieu of exchange) are waived. The usual fee rate varies between 0.25% - 1.25% of the withdrawal amount. You will only pay for the overseas transfer fee. View details
In addition, the Bank can provide you with an FCD e-Savings and FCD account and you can use these accounts to receive funds from overseas or from Thai baht deposited into these accounts. View details
Currency
You can choose to open the account in 16 major currencies:
- U.S. Dollar (USD)
- Canadian Dollar (CAD)
- Singapore Dollar (SGD)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)
- Hong Kong Dollar (HKD)
- Swedish Krone (SEK)
- Norwegian Krone (NOK)
- Danish Krone (DKK)
- British Pound (GBP)
- Chinese Yuan (CNY)
- Euro (EUR)
- Japanese Yen (JPY)
- Swiss Franc (CHF)
- Malaysian Ringgit* (MYR)
- Indonesian Rupiah* (IDR)
To open an account, you need a minimum first deposit of 1,000 USD. For other currencies and condition View details
Note: *MYR and IDR are available only at Bangkok Bank Head Office, Silom Road and are subject to the terms and conditions as designated by the Bank
Account Type
Savings account only
Service Channel
You can contact Bangkok Bank branches nationwide which provide a Foreign Currency Deposit service. View details
Service Channel
via Bangkok Bank Mobile Banking
You can add a Special Savings FCD Account in 14 currencies (not IDR and MYR) using the Bangkok Bank Mobile Banking app by yourself any day from 6.00 a.m.-11.00 p.m. and once you have successfully added your account, you can:
- From 8.30 a.m. – 5.00 p.m. on banking days
- Make funds transfers between your Thai baht account and your FCD account, with up to 3 million baht per transaction
- Transfer funds overseas of up to 2 million baht per transaction per day. View details
- Any day 24/7
- Check account activity and account balance
- Request an account statement showing your transaction history for up to 12 months
via Bualuang iBanking
You can add your Special Savings FCD Account in 14 currencies (not IDR and MYR) to Bualuang iBanking at any branch nationwide which provides a Foreign Currency Deposit service on banking days. Once the account has been registered successfully, you can:
- Check account activity and your account balance 24/7
- Make funds transfers from your Special Savings FCD account to your Thai baht account for up to 1.2 million baht per day from 9:00 a.m.-6:00 p.m. on banking days.
via Bangkok Bank branch
You can deposit withdraw and transfer funds at a Bangkok Bank branch which provides an FCD service. View details
Documents Required for Opening the Account
For more information, please contact any Bangkok Bank branch.
Download Document
Deposit and Withdrawal Fees for Foreign Currency Deposit Account Services
Conditions and Fees on Provision of Foreign Currency Deposit Account Services
FAQs
Who can open a Special Savings FCD Account?
The Special Savings FCD account is suitable for Thai nationals who have expenses in foreign currency e.g. overseas education expenses, sending money to relatives overseas, goods and services etc.
Can I transfer funds from a Thai baht account and deposit them to a Special Savings FCD account?
Yes, you can transfer funds from your Thai baht account and deposit them into a Special Savings FCD account via Bangkok Bank Mobile Banking for up to 3 million baht per transaction, or you can contact any branch nationwide which provides a Foreign Currency Deposit service with no maximum limit on transfers.
Which rate does the Bank use in converting Thai baht to foreign currency to deposit into my Special Savings FCD account?
Bangkok Bank uses the “Selling T/T Rate” in converting Thai baht to a foreign currency for deposit into a Special Savings FCD account.
Which rate does the Bank use when withdrawing funds from a Special Savings FCD account in Thai baht?
Bangkok Bank uses the “Buying T/T Rate” in converting foreign currency from a Special Savings FCD Account for deposit into a Thai baht account.
Can I use my Special Savings FCD account to receive funds transferred from overseas?
The benefit of a Special Savings FCD is to be able to purchase and deposit foreign currencies when the exchange rate is favorable. Therefore, this account is not available to receive funds transferred from overseas.
However, the Bank can provide you with an FCD e-Savings and FCD account and you can use these accounts for receiving funds transferred from overseas. View details
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 transfer funds from a Special Savings FCD to Thai baht?
Yes, you can receive funds in Thai baht by making funds transfers from a Special Savings FCD to your Thai baht account via Bangkok Bank Mobile Banking for up to 3 million baht per transaction or you can contact
any branch nationwide which provides a Foreign Currency Deposit service with no maximum limit on transfers.
Can I transfer funds overseas from a Special Savings FCD account?
Yes, you can transfer funds overseas via Bangkok Bank Mobile Banking or contact any branch nationwide which provides a Foreign Currency Deposit service.
Special! Your withdrawal fees will be waived when transferring funds overseas. You will only pay for the overseas transfer fee.
Special! Your withdrawal fees will be waived when transferring funds overseas. You will only pay for the overseas transfer fee.
Can I withdraw foreign banknotes from a Special Savings FCD account?
Yes, you can contact any branch nationwide which provides a Foreign Currency Deposit service. A limit and fee will be applied according to the Bank’s announcement.
Does the Bank pay interest on Special Savings FCD accounts?
Yes, interest is paid for some currencies according to the Bank’s announcement. View details
If my child has started their overseas education, should I open a Special Savings FCD Account in my name or my child’s name?
You can open a Special Savings FCD Account in either your own name or in your child’s name, if aged over 16 years old. When you need to transfer funds for education expenses either you or your child can make the transaction by yourself via Bangkok Bank Mobile Banking or you can contact any branch nationwide which provides a Foreign Currency Deposit service.
Can I open a Special Savings FCD as a fixed deposit?
The Bank provides the Special Savings FCD account as a savings deposit account only.
Can I change my FCD account to a Special Savings Foreign Currency Deposit account?
No, you cannot change the type of your current account to a Special Savings FCD Account, however you can open a new Special Savings FCD instead.
Can I open a Special Savings Foreign Currency Deposit Account as a fixed deposit?
The bank provides the Special Savings Foreign Currency Deposit Account as a savings deposit only.
Can I deposit foreign banknotes into Special Savings Foreign Currency Deposit Account?
The bank provides the Special Savings Foreign Currency Deposit Account for exchanging local baht to foreign currency only.
How long will Special Savings Foreign Currency Deposit Account be available?
The availability of Special Savings Foreign Currency Deposit Account service is the same as FCD service which has no expiry date.
Can I change my FCD account to Special Savings Foreign Currency Deposit Account?
You cannot change the type of your current account to Special Savings Foreign Currency Deposit Account, anyway you can open new Special Savings Foreign Currency Deposit Account instead.
Where can I transfer 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.
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