Terms and Conditions
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The Fixed Deposit Account are available for Thai individuals, corporates, government agencies, insurance companies, non-profit juristic persons, Financial Institution and Other Funds.
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The minimum opening amount and the minimum amount for any subsequent deposit for the Fixed Deposit Account is 2,000 baht.
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Bangkok Bank will pay interest upon maturity.
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At maturity, the Bank will automatically roll over the deposit to a three-month fixed term deposit using the interest rate available at that time under the Bank’s conditions, provided that a depositor has not withdrawn any money from the account, or issued any subsequent instructions.
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Penalties apply for early withdrawal:
- If a depositor withdraws money within three months of opening the account, the Bank will not pay any interest on the deposit.
- If a depositor withdraws their deposit after three months, but before it matures, the Bank will pay the same interest rate as that on a savings account.
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Please study the Bank's interest rate notification for the Terms and Conditions of the Fixed Deposit Account.
Product Catalog: Fixed Account
Provisions Governing Fixed Deposit Account (Available in Thai only)
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