Deposit
Foreign currency deposit

Foreign currency deposit

Saving foreign currencies
HIGHLIGHT Unique Features
HIGHLIGHT
จุดเด่นผลิตภัณฑ์
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Saving up to 11 foreign currencies.
USD, GBP, EUR, JPY, SGD, CHF, AUD, NZD, HKD, CAD และ CNY
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Convenience for ones who earn income in foreign currencies.
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Increase business opportunities and effective cost management.
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Receive higher interest rate than saving account in Thai baht.
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Prevent risk from currency exchange.
Opening Account
  1. Personal, corporates and foreigners are able to open an account by choosing preferred type of bank account; saving, fixed and current.
  2. Transactions must be made at the opening branch only.
  3. Transactions can be made everyday. After 4:00 PM, limited to USD 5,000 per person per transaction.
What you should know
Depositors should follow an exchange rate moment in order to compare between return from exchange and interest rate.
INTEREST RATES
Interest rate and withholding tax
at foreign currency deposit interest rate as announced by the Bank
Interest Received More information
Saving account: Receive interests twice a year (June and December)
Fixed account: Receive an interest at maturity date. An interest rate is according to the date of deposit Withdraw before maturity date will be deducted by 2% from interest rate
Current account: No interest

Withholding tax Rate
Withholding tax Rate More information
15% for Personal and individual Tax exemption if receiving an interest not more than 20,000 baht annually
1% for Corporate and juristic person
Tax exemption for foreign government organization
Risk
  1. Unstable exchange rate
  2. Employment of T/T Selling rate by the bank in calculating the selling of foreign currency to be deposited in FCD
  3. Employment of T/T Buying rate by the bank in calculating the buying of foreign currency from a customer’s FCD account
Detail of deposit
Type of Customer Condition Personal and Corporate
Foreign currencies earned from overseas Without obligation Unlimited deposit limit (SFCD)
Foreign currencies earned from domestic sources With obligation The deposited amount must not exceed the limit of obligated disbursement (DFCD)
Without obligation USD 5,000,000 or equivalent in other currencies (DSFCD)
Thai Daily deposit not more than 10,000 USD or equivalent in other currencies
Foreign Unlimited deposit limit

Fee Rates
Type of deposit Fee More Information
Foreign currencies earned from overseas Deposit fee at 1%, minimum 500 baht
Withdrawal fee at 0.6% of amount in USD Other currencies 1% at minimum 500 baht
Thai baht Exchange to Foreign Currency, deposit into the account utilizing SELLING T/T exchange rate
  1. No deposit fee
  2. No withdrawal fee to exchange to baht
  3. No Commission in lieu of exchange: 1/4% or minimum at 500 baht on outward T/T but not exceeding deposit amount

Foreign Bank’s Charge

  1. Charge Ben (You do not pay any charge. Receiver receives your payment minus all charges)
    A Swift Charge of 20 USD
  2. Charge Our (All fees will be charged to you as sender. The receiver gets the full amount that you transfer.)
    A Swift Charge is 20 USD
Foreigners must present Work Permit and income statement. Able to buy not more than earned salary
International Money Transfer via Internet by the bank with inbound and outbound transfer advice through e-mail No fee For deposit receiving from domestic sources, the maximum remaining balance per person (including all currencies and all banks) must not exceed the limit specified by the Bank of Thailand

In case of average monthly deposit is less than conditions
Currency Minimum balance and fee Saving Account Fixed Account Current Account
USD Monthly minimum average balance Personal 100 100 100
Corporate 500 500 500
Monthly Maintenance Fee Fee 10 10 No Fee
JPY Monthly minimum average balance Personal 10,000 10,000 10,000
Corporate 50,000 50,000 50,000
Monthly Maintenance Fee Fee 800 800 No Fee
CHF Monthly minimum average balance Personal 100 100 100
Corporate 500 500 500
Monthly Maintenance Fee Fee 8 8 No Fee
GBP Monthly minimum average balance Personal 70 70 70
Corporate 300 300 300
Monthly Maintenance Fee Fee 6 6 No Fee
SGD Monthly minimum average balance Personal 100 100 100
Corporate 600 600 600
Monthly Maintenance Fee Fee 12 12 No Fee
EUR Monthly minimum average balance Personal 80 80 80
Corporate 400 400 400
Monthly Maintenance Fee Fee 7 7 No Fee
AUD Monthly minimum average balance Personal 100 100 100
Corporate 600 600 600
Monthly Maintenance Fee Fee 9 9 No Fee
NZD Monthly minimum average balance Personal 100 100 100
Corporate 600 600 600
Monthly Maintenance Fee Fee 12 12 No Fee
HKD Monthly minimum average balance Personal 800 800 800
Corporate 4,000 4,000 4,000
Monthly Maintenance Fee Fee 80 80 No Fee
CAD Monthly minimum average balance Personal 100 100 100
Corporate 500 500 500
Monthly Maintenance Fee Fee 9 9 No Fee
CNY Monthly minimum average balance Personal 600 600 600
Corporate 3,000 3,000 3,000
Monthly Maintenance Fee Fee 70 70 No Fee

What you should know
  1. Fee 400 baht or equivalent when returning Cheque and Draft in USD, JPY, CHF, GBP, SGD, EUR, AUD, NZD, HKD and CAD
  2. Foreign Bank Charges for returning Cheque and Draft in actual paid

Easy to apply
  • use only valid National identification smart card
Saving your foreign currencies with KTB
  • Open Foreign currencies account at all branches
  • Please contact Nana Nua office (Level 2) for more information
  • (6th floor), Nana Nua Building and other branches