Opening an Account
Easily open your fixed deposit account at any branch convenient to you with a mininum deposit of 2,000 baht. Choose your own term, from three months, six months, 12 months, 24 months or 36 months. The Bank will pay interest upon maturity.
Required Documents
For Juristic Persons (Company Limited/Public Company Limited)
- Documents related to juristic persons such as Certificate of the Company Registration verifying names of directors, managing partners and authorized directors (dated not more than one month previously)
- Identity documents and House Registration of authorized person(s) such as Citizen ID card or any other ID cards
- Certificate of Shareholder Registration (Bor Or Jor 3), certifying the company seal or any amended registration details (Bor Or Jor 4)
- Letter of Authority from authorized person(s) on behalf of the juristic person (if other person is an authorized representative to withdraw funds)
- Identity documents and House Registration of authorized representative to withdraw funds such as Citizen ID card or any other ID cards
- Minutes of the Board Meeting authorizing the opening of the account and designating the signatories for payments with a company seal (if any)
Multiple Deposits
You can make multiple deposits to the same account. If you add to your deposits over a period of time they will mature at different times. This means you have more flexibility when it comes to withdrawing your money.
Early Withdrawals
- If you withdraw your money within three months of opening the account, you will receive no interest on the deposit.
- If you withdraw your money after three months, but before it matures, you will receive the same interest rate as that on a savings 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 #newtab www.dpa.or.th