Who can open an FCD account?

An FCD account is suitable for Thai nationals who have earnings or expenses in foreign currency, or who want to save funds in a foreign currency then exchange the savings in foreign currency to Thai baht later when the exchange rate is good i.e.
 

 

If you are a Thai national wishing to save money in foreign currency for future overseas payments, such as for education expenses or other funds transfers, the Bank offers a special FCD account which will help you to manage foreign expenses. View details

Can I transfer funds from a Thai baht account and deposit to an FCD account?

Yes, you can transfer funds from a Thai baht account and deposit funds into an FCD account for up to 3 million baht per transaction, or you can contact at any branch nationwide which provides a Foreign Currency Deposit service with no maximum limit.

Can I deposit or withdraw foreign banknotes to or from an FCD account?

Yes, you can contact any branch nationwide which provides a Foreign Currency Deposit service to make deposits and withdrawals within a certain limit. Fees will be applied according to the Bank’s announcement.

Can I transfer funds from my FCD account to another foreigner or non-resident company’s FCD account in Thailand?

Yes, you can contact any branch nationwide which provides a Foreign Currency Deposit service and transfer funds according to the payment obligation you have with your recipient overseas.

Special! You do not have to pay a service fee if the recipient has an FCD account with Bangkok Bank

Can I use my FCD account to receive funds transferred from overseas?

Yes, and without any limit on the transfer.

Which rate does the Bank use in converting Thai baht to foreign currency to deposit into my FCD account?

Bangkok Bank uses the “Selling T/T Rate” in converting Thai baht to foreign currency for deposit into an FCD account.

Which rate does the Bank use when withdrawing funds from an FCD account in Thai baht?

Bangkok Bank uses the “Buying T/T Rate” in converting foreign currency from an FCD account for deposit into a Thai baht account.

Does the Bank pay interest on FCD accounts?

Yes, interest is paid for some currencies according to the Bank’s announcement. #newtab View details

Can I apply for a debit card linked with my FCD account?

Bangkok Bank does not provide a debit card linked with an FCD account.

Are there any maintenance fees on an FCD account?

Bangkok Bank will charge a maintenance fee in the event the minimum balance average falls below the minimum required. View details