Special Foreign Currency Deposit Account

A cost-effective savings plan to support your child’s overseas education.

• Purchase and deposit foreign currencies when the exchange rate is favorable.

• Withdrawal fees waived when making international funds transfer or purchasing foreign drafts*.

• Earn interest on your deposits depending on which currency you choose.

*Service fees for overseas funds transfers or draft purchases still apply.

Loans for Overseas Education

You can apply for a Bualuang Poonphol loan to support your child’s overseas education. For more information, please contact our dedicated Lending Officers at Bangkok Bank branches.

Foreign Banknotes

A wide range of foreign currencies available to suit your requirements.

• Convenient purchasing of foreign banknotes

• No fees

International Funds Transfer via SWIFT

The Bank uses SWIFT to facilitate international funds transfer instructions. This service ensures funds are delivered to your beneficiary quickly and safely.

You will need the following information to transfer funds successfully:

• The account name and number, and the recipient’s address overseas.

• The IBAN number if the recipient has an account with a bank in Europe.

• The name, address and SWIFT code of the bank with which the recipient has an account.

For greater convenience, you can also make international funds transfer online via Bualuang iBanking, 24/7.

Fees

*Recipients may not receive the funds in full if foreign banks charge extra fees.

Foreign Drafts

• Foreign drafts can also be used to pay for tuition fees. Students can buy foreign drafts and send via post mail or give by hand to their educational institutions.

• Fee: 400 baht plus a 3 baht stamp duty per draft. Additional fees apply to some selected currencies.

• If you are a student you can buy drafts in your own name but you will not receive money immediately or in full because fees apply. The Bank recommends transferring funds via SWIFT as it is more convenient and secure.

Western Union

Worldwide money transfers within minutes.

• Simply provide your Money Transfer Control Number (MTCN), passport and the transfer amount along with your completed “To Receive Money” form to collect your money and receipt at over 515,000 agent locations across 200 countries.

• The service is available at the Bank’s branches and exchange booths.

• The service fee is calculated from the actual amount of funds transferred. The minimum fee is 350 baht per transaction.

• Neither the sender nor receiver requires a bank account to send or receive money.

Be1st Smart Cards

Greater convenience for your cash withdrawals and spending with a Be1st Smart card.

• Withdraw cash in local currencies at ATMs in foreign countries worldwide displaying the VISA or UnionPay signs.

• Make purchases at stores or shop online where the VISA or UnionPay signs are displayed.

• When making cash withdrawals or purchases using your Be1st Smart card, money will be deducted from your Bangkok Bank account in Thailand. Fee: 100 baht per transaction for cash withdrawals from ATMs overseas.

Bangkok Bank Credit Cards

Get purchasing power with a Bangkok Bank credit card. Our cards are widely accepted and come with benefits.

• Make purchases at stores worldwide displaying the VISA, MasterCard, AMEX or UnionPay signs.

• Obtain a cash advance from foreign bank ATMs worldwide. The cash advance fee is 3% of the withdrawal amount plus 7% VAT.

• You can apply and set a spending limit for a supplementary credit card for your child aged 15 years or over.

Confirmation Letter and Bank Statement

To apply for a visa you will need to present a confirmation letter and bank statement to the embassy. You can ask the Bangkok Bank branch where you have a savings account or foreign currency deposit account to issue such documents in English for you.

Travel Insurance

Travel to study abroad with peace of mind and your best buddy, Travel 1st insurance, providing coverage 24/7 for medical fees from accident or illness, or loss of, or damage to, baggage or personal belongings. For more information, please contact any Bangkok Bank branch, or call Bualuang Phone 1333, or Bangkok Insurance Public Company Limited on
(66) 0 2285 8199.