Bangkok Bank is encouraging Thai children to get into the savings habit by depositing equal amounts of money every month for 24 consecutive months in a Sinmathaya Subthawee-Bualuang Kids or Sinmathaya Subthawee account. They will receive a higher interest rate than a regular fixed-deposit account, plus tax-free interest benefits once the full deposit term is completed. A piggy bank is being given away for every account opened with an initial deposit of at least Baht 500. The offer runs from 14 January - 31 March 2017, or while supplies last.

Bangkok Bank Director and Executive Vice President, Dr. Thaweelap Rittapirom, said “the bank would like to invite Thai children to get into the savings habit by depositing equal amounts of money every month for 24 consecutive months with a Sinmathaya Subthawee-Bualuang Kids account, which requires a monthly deposit of Baht 500, or Sinmathaya Subthawee account, requiring a monthly deposit of Baht 1,000. These accounts offer a higher interest rate than a regular fixed-deposit account, plus tax-free interest benefits once the full deposit term is complete.”

In addition to offering a special interest rate, Bangkok Bank will help children save by giving a piggy bank to customers who open a Sinmathaya Subthawee or Sinmathaya Subthawee-Bualuang Kids account. Deposits must be made monthly as agreed with the bank, via a branch, Bualuang ATM, CDM, Bualuang Phone, Bualuang iBanking, Bualuang mBanking, or Standing Order. Deposits must be made by the last working day of the bank each month to ensure compliance with tax-free conditions and regulations.