HIGHLIGHT
Saving up to 11 foreign currencies
USD, GBP, EUR, JPY, SGD, CHF, AUD, NZD, HKD, CAD and CNY
Convenience for ones who earn income in foreign currencies
Increase business opportunities and effective cost management
Opening Account
Personal and foreigners are able to open an account.
By choosing preferred type of bank
account; saving, fixed and current
account; saving, fixed and current
Update every moment
Depositors should follow an exchange rate moment in order to compare between return from exchange and interest rate.
INTEREST RATES
| 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 |
| Interest Received |
| 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 |
Foreign currency deposit interest rate as announced by the Bank
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 |
Detail of deposit
| Type of Customer | Condition | Personal |
| 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) | |
| Thais | Daily deposit not more than 10,000 USD or equivalent in other currencies | |
| Foreigners | Unlimited deposit limit |
| Condition | Personal |
| 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) |
| Thais | Daily deposit not more than 10,000 USD or equivalent in other currencies |
| Foreigners | 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 |
|
Foreign Bank’s Charge
|
| 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 |
| 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 - Foreigners must present Work Permit and income statement. Able to buy not more than earned salary |
|
|
Foreign Bank’s Charge
|
| 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 |
Risk
- Unstable exchange rate
- Employment of T/T Selling rate by the bank in calculating the selling of foreign currency to be deposited in FCD
- Employment of T/T Buying rate by the bank in calculating the buying of foreign currency from a customer’s FCD account
Easy to apply
- use only valid National identification smart card
Saving your foreign currencies with Krungthai
- 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
