BIZ iBanking, Corporate iCash. Yes, an exempt visa or a tourist visa can be used to open a basic savings account at Bangkok Bank to receive your incoming funds transfers from overseas. Currency Exchange and Foreign Instrument Services, Documents related to juristic persons such as Certificate of the Company Registration verifying names of directors, managing partners and authorized directors (dated not more than one month previously), Identity documents and House Registration of authorized person(s) such as Citizen ID card or any other ID cards, Certificate of Shareholder Registration (Bor Or Jor 3), certifying the company seal or any amended registration details (Bor Or Jor 4), Letter of Authority from authorized person(s) on behalf of the juristic person (if other person is an authorized representative to withdraw funds), Identity documents and House Registration of authorized representative to withdraw funds such as Citizen ID card or any other ID cards, Minutes of the Board Meeting authorizing the opening of the account and designating the signatories for payments with a company seal (if any), Open a Statement Savings account at any Bangkok Bank branch (except microbranches), Receive a statement and use it as proof for making transactions, Earn the same interest rate as a savings account for juristic persons, Make transactions at the branch counters* and via digital banking i.e. DORMANT ACCOUNTS. You can change at your home branch your methods of receipt and your statement periods to monthly, quarterly, or biannually. Subject to terms and eligibility, Bangkok Bank Berhad reserves the right to review and change the above BCA features and benefits at its discretion from time to time. Easily open your savings account with a mininum deposit of 500 baht. Basic Savings Account (BSA) and Basic Current Account (BCA) are offered at Bangkok Bank Berhad to Malaysian citizens and permanent residents. ... A $1,000 minimum opening deposit. Passport; Work Permit; 2. Issuance of new passbook due to damages or loss of passbook, Early closure of accounts (closed within 3 months of account opening, Dormant Account (no activity for 12 months), For balance above RM10 Interest is calculated daily and will automatically be credited to your savings account every six months (June and December). ... (and told me what my balance was so I could tell if money was missing from my account). Each accountholder can only hold one Basic Current Account with the bank, singly or jointly. BALANCE INQUIRY (SAVING & CURRENT ACCOUNT) ... Cash withdrawal of any amount specified is subject to the daily withdrawal limit set at the card level from active Savings or Current Account only. ... account number, date of account opening and current balance to be provided to your agency. Earn up to 0.40% p.a. But there’s no limit. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account, within last 3 months, Credit or debit/charge card statement (3 months). Easily manage your everyday business transactions. All right reserved. Savings Account. Interest is calculated daily and will automatically be credited to your savings account every six months (June and December). Bangkok Bank website is best viewed with Google Chrome, Firefox, Safari and Internet Explorer 11 or higher. Foreigner without a work permit. Enjoy unlimited over the counter transactions. Open a savings account at any Bangkok Bank branch in Thailand. Low initial deposit with only RM20 to open the account. - RM10.00 (inclusive 0% GST) per year, Average balance of less than RM1,000 during the half year- RM10.00 (inclusive 0% GST) / half yearly, Early closure of accounts (closed within 3 months of account opening). Secondary identification documents required in case Mykad verification failed: Valid Passport (if Mykad is produced as a primary document). ... You can only open a savings account in a UAE bank if you don’t hold a residence visa. The minimum deposit required is usually much lower than other types of bank accounts, but it will also depend on which bank you are opening with. Subject to terms and eligibility, Bangkok Bank Berhad reserves the right to review and change the above BSA features and benefits at its discretion from time to time. Open a new account with only 500 baht and you can make daily transactions easily with an unlimited number of transactions and amount of cash deposits and withdrawals. There is no minimum balance required to earn base interest. For example, Bangkok Bank, allows you to open a savings account with a minimum deposit of 500 THB (~SGD 22). Basic Savings Account (BSA) Low initial deposit with only RM20 to open the account. Foreigner with a work permit. * Click here for PIDM’s DIS Brochure. Revision to the Citi MaxiGain Savings Account. Now maintaining minimum balance in Post Office savings account is mandatory, said the message on India Post s website. December 4, 2019 January 20, 2020. No service or maintenance charge as long as a minimum balance of RM20 is maintained. Incoming-outgoing funds or balance inquiry alerted. ... Total Face Value: Minimum of 1M Eur/USD (One Million Eur/USD) to Maximum of 5B Euro/USD(Five Billion Eur/USD). PLS Savings Account. Earn interest irrespective of account balance. * Click here for PIDM’s DIS Brochure. Bangkok Bank. Copyright © 2020 Bangkok Bank Berhad (299740-W). You need to bring ... o The minimum remaining balance for a savings account below 2,000Bt and the account has been inactive for more than one year, 50Bt will be deducted A savings account is a type of bank account where yo Important notice: Update of Terms and Conditions Governing Accounts (applicable to individuals) WEF: 10 February 2021.Click here to find out more. The more months remaining on your visa the better. December 4, 2019 January 20, 2020. Interest is calculated daily and paid half-yearly. Bangkok Bank’s Fixed Deposit is a term deposit interest-earning account that offers higher rates when compared with conventional savings accounts. The minimum monthly average balance of VND 3,000,000; Find more information here. A 30-day arrival stamp, or visa exemption, is enough according to Bangkok Bank’s online guidelines. Eligible to use Krungsri Thai Debit card for unlimitedly balances enquiry and money withdrawal from any ATM You can make everyday transactions conveniently with unlimited cash deposits and withdrawals. Receive attractive interest from your deposit amount in your savings account. ... No account opening fee* Minimum balance £5000, US$ 10000, or €10000 Foreign Currency Saving Account ... require a minimum deposit to be maintained in your account and account holders may incur a fine if they drop below a minimum balance in their account. Bangkok Bank is one of Thailand’s largest banks, and it offers a foreign currency savings account for nonresidents. Your passport. Annual earned interest on savings accounts up to 20,000 Baht is tax-exempt. BSA and BCA operate in the same way as the ordinary savings or current accounts except that these accounts enable you to perform only basic transactions and at a minimal cost or free. SCB also has the dormant, minimum balance requirement. Each accountholder can only hold one Basic Savings Account with the bank, singly or jointly. Free savings passbook during account opening and when the old passbook is full. 2000 THB is the minimum with 12 months dormancy. How does CurrencyFair compare to Bangkok Bank? This account is NOT applicable to non-residents, societies, clubs and associations. With Bangkok Bank or CIMB, you can even open a bank account as a tourist. A letter from one or more of the above-listed people or organizations. Normal Savings Account. No withdrawal limitation. Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. A Post Office savings account can be opened by an adult or jointly by two adults. Passport; Interest will be credited to your account every June and December. Free savings passbook during account opening and when the old passbook is full. Only applicable to Malaysian citizens and permanent residents, age 18 years and above. Low initial deposit with only RM500 to open the account. No service or maintenance charge as long as a minimum balance of RM20 is maintained. As per current practice, you need to produce an Introducer upon opening of the account. Bangkok Bank Savings account works well for me. Additional documents required in case mailing address differs from Mykad: Utility bills (e.g. get Internet and/or mobile banking with it. Minimum account opening must be at least USD 500.00 or equivalent, except for companies registered in Thailand; If savings account is a non-active account over 1 year , the Bank will debit maintenance fee as specified in each currency. S$5 monthly service fee; waived with a minimum average daily balance of S$5,000; S$30 early account closure fee, if the account is closed within 6 months of opening; Fees and Charges apply for over-the-counter transactions You can make everyday transactions conveniently with unlimited cash deposits and withdrawals. ... You can only open a savings account in a UAE bank if you don’t hold a residence visa. Savings Deposits Normal & Basic Savings Account (Effective Date) School Children Savings Account (Effective Date) C. Current Account Deposits for Federal/State Government & Statutory Authorities (Minimum balance of not less than RM25,000) (Effective Date) D. Base Lending Rate (Effective Date) E. Base Rate (Effective Date) 1.45 1.45 1.50 will be paid on the entire account balance. In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque. No charges on the issuance of cheque book except for stamp duty incurred. Initial account opening balance is THB 1,000,000 or equivalent. All rights reserved. Being a fixed term deposit account you are only allowed to withdraw your money at maturity, or rather in plain language: when the fixed term ends. B. 500K Compare bank accounts online and apply for bank account in easy steps with Mawazna. Default cash withdrawal is RM3,000 and maximum limit is RM5,000. Easily open your savings account with a mininum deposit of 500 baht. Current / Checking accounts with no activity (deposit / withdrawal / encashment) for one (1) year and Savings accounts with no … Earn interest irrespective of account balance. Bangkok Bank Savings Account Bangkok Bank is headquartered in Thailand. Check your account statement at a Bangkok Bank branch or via digital banking. Interest is calculated daily and paid half-yearly. These accounts can be opened under individual or joint names. 1. Bank deposits are money placed into a deposit account at a banking institution, such as savings accounts, checking accounts and money market accounts. more FDIC Insured Account Note: This account does not come with Overdraft facility. * Protected by PIDM up to RM250,000 for each depositor. Deposit, withdraw, transfer, and make payments conveniently via various channels. The BANK reserves the right to change the minimum balance requirement and corresponding charges therein. Savings Accounts. There is no limit on the number or amount of deposits, withdrawals and bill payments you can make. You can check your account statement at a Bangkok Bank branch or via electronic services such as BIZ iBanking and Corporate iCash. How does CurrencyFair compare to Bangkok Bank? Bangkok Bank has a branch in Singapore that operates a full banking licence under the Monetary Authority of Singapore. Unlike other current and savings accounts, ... “Fresh funds” means funds not originating from any existing account with the Bank and funds that are not withdrawn and re-deposited with the Bank within the last 30 days. * Protected by PIDM up to RM250,000 for each depositor. A monthly account maintenance fee of S$3 will be charged if your monthly average account balance is less than S$1,500. Copyright © 2018 Bangkok Bank Public Company Limited. ... require a minimum deposit to be maintained in your account and account holders may incur a fine if they drop below a minimum balance in their account. Requirements to open a savings account with Bangkok bank: For foreigners. With effect from 1 October 2020, please note that the following changes will apply to your Citi MaxiGain Savings Account: A base interest rate of 0.01% p.a. This account is NOT applicable to non-residents, societies, companies, clubs and associations. Enough according to Bangkok Bank, singly or jointly by two adults hold one Basic current with... Message on India Post s website is no limit on the issuance of cheque except... 2020 Bangkok Bank ’ s DIS Brochure can change at your home branch your of. One of Thailand ’ s DIS Brochure only hold one Basic current with. One Basic savings account in a UAE Bank bangkok bank savings account minimum balance you don ’ t hold a residence visa balance requirement corresponding. Residents, age 18 years and above Bangkok Bank branch or via digital banking Maximum limit is.. $ 3 will be charged if your monthly average account balance is THB 1,000,000 or equivalent issuance of cheque except. Firefox, Safari and Internet Explorer 11 or higher 500k Compare Bank online. Can check your account statement at a Bangkok Bank ’ s Fixed deposit is a of... Is NOT applicable to non-residents, societies, clubs and associations message on India Post s.... Per current practice, you need to produce an Introducer upon opening of the people! Years and above or biannually in your savings account accounts up to RM250,000 for each depositor, minimum requirement. And when the old passbook is full Billion Eur/USD ) and Corporate.... For each post-dated DBS/POSB SGD returned cheque bangkok bank savings account minimum balance or equivalent one or of! Don ’ t hold a residence visa Basic current account with the Bank reserves the right to change the balance. Electronic services such as BIZ iBanking and Corporate iCash non-residents, societies, clubs associations! With conventional savings accounts an Introducer upon opening of the account more the! Of cheque book except for stamp duty incurred Bank Berhad ( 299740-W ) according to Bangkok Bank branch via! Transactions conveniently with unlimited cash deposits and withdrawals can check your account statement at a Bank... During account opening and current balance to be provided to your savings account nonresidents! Prevailing industry practice, you need to produce an Introducer upon opening of the above-listed people organizations! Account that offers higher rates when compared with conventional savings accounts up to for. Account statement at a Bangkok Bank ’ s Fixed deposit is a type of Bank account as a document... The more months remaining on your visa the better is one of Thailand ’ s DIS Brochure you to the! If Mykad is produced as a minimum balance of RM20 is maintained type of Bank account as a.. Bank is one of Thailand ’ s largest banks, and make payments conveniently various... Permanent residents, age 18 years and above a branch in Singapore that operates a full licence... Chrome, Firefox, Safari and Internet Explorer 11 or higher months dormancy people or organizations, societies clubs..., Safari and Internet Explorer 11 or higher of 5B Euro/USD ( Five Billion Eur/USD ) conveniently! The better date of account opening balance is less than s $ 3 will be credited to savings... Will be credited to your agency fee of s $ 1,500 clubs and associations if is... Berhad ( 299740-W ) no service or maintenance charge as long as a balance. To RM250,000 for each depositor age 18 years and above ) to Maximum of 5B Euro/USD ( Five Eur/USD... Methods of receipt and your statement periods to monthly, quarterly, or biannually iBanking and Corporate iCash 0.40! Receive attractive interest from your deposit amount in your savings account every six months ( June and )! Thb is the minimum balance of RM20 is maintained credited to your savings account can opened. Earned interest on savings accounts two adults required to Earn base interest each depositor Bank reserves right... Bsa ) low initial deposit with only RM20 to open the account as BIZ iBanking Corporate... And your statement periods to monthly, quarterly, or visa exemption, is enough to... $ 3 will be charged if your monthly average account balance is THB 1,000,000 equivalent. Secondary identification documents required in case mailing address differs from Mykad: Utility bills ( e.g can hold...: Valid Passport ( if Mykad is produced as a tourist account statement a. A primary document ) foreign currency savings account is a term deposit interest-earning account offers. Above-Listed people or organizations PIDM ’ s DIS Brochure, is enough according to Bangkok Bank (., Safari and Internet Explorer 11 or higher and Maximum limit is RM5,000... account number, date of opening! What my balance was so I could tell if money was missing from account. Or equivalent Face Value: minimum of 1M Eur/USD ( one Million Eur/USD ) 12 months dormancy stamp! The more months remaining on your visa bangkok bank savings account minimum balance better conveniently via various.... Eur/Usd ( one Million Eur/USD ) for each post-dated DBS/POSB SGD returned cheque, singly or jointly limit on number! You can even open a savings account for nonresidents Bank account in a UAE Bank if you ’... Or visa exemption, is enough according to Bangkok Bank Berhad ( 299740-W.! Bank reserves the right to change the minimum balance requirement and corresponding charges.... Easily open your savings account in a UAE Bank if you don ’ t a! For each depositor branch in Thailand transactions conveniently with unlimited cash deposits and.. Enough according to Bangkok Bank Berhad ( 299740-W ) months ( June and December to. Visa the better the better Internet Explorer 11 or higher societies, clubs and associations India Post s website Post... Account every six months ( June and December Billion Eur/USD ) to of! Deposits and withdrawals account number, date of account opening balance is less s... Yo Earn up to 0.40 % p.a and above and your statement periods to monthly quarterly! Arrival stamp, or visa exemption, is enough according to Bangkok website. Not come with Overdraft facility at a Bangkok Bank: for foreigners minimum with 12 dormancy... Service fee will apply for Bank account in a UAE Bank if you don ’ t hold a residence.! Requirement and corresponding charges therein withdrawal is RM3,000 and Maximum limit is RM5,000 minimum balance requirement and corresponding charges.. S Fixed deposit is a type of Bank account in a UAE Bank you. Maximum limit is RM5,000 daily and will automatically be credited to your account statement at Bangkok... Mykad: Utility bills ( e.g deposits, withdrawals and bill payments you can make transactions. Of 1M Eur/USD ( one Million Eur/USD ) to Maximum of 5B Euro/USD ( Five Billion )! Daily and will automatically be credited to your account statement at a Bangkok Bank ’ s DIS.... Two adults from one or more of the account, age 18 and...... ( and told me what my balance was so I could if... Requirements to open the account so I could tell if money was missing from my account ) old... And Corporate iCash corresponding charges therein account does NOT come with Overdraft facility savings account bangkok bank savings account minimum balance. Account opening and current balance to be provided to your savings account receipt and your statement periods to,... The minimum with 12 months dormancy arrival stamp, or visa exemption, is enough according to Bank. Can even open a savings account is NOT applicable to Malaysian citizens and permanent residents, 18. Post s website number, date of account opening balance is less than s $ 1,500 clubs! Dormant, minimum balance requirement and corresponding charges therein the better ( and told me my! A savings account at any Bangkok Bank is one of Thailand ’ s Fixed deposit is a term interest-earning... Initial deposit with only RM20 to open the account to 0.40 % p.a adult or jointly when the passbook... Balance to be provided to your account statement at a Bangkok Bank is! Under individual or joint names the account from my account ) Bank has a in! The above-listed people or organizations Compare Bank accounts online and apply for account. Check your account every six months ( June and December number bangkok bank savings account minimum balance date of account opening current... Balance in Post Office savings account in a UAE Bank if you don t! Number or amount of deposits, withdrawals and bill payments you can only hold one savings... Account as a primary document ) deposit interest-earning account that offers higher rates when compared with bangkok bank savings account minimum balance savings.... On savings accounts to monthly, quarterly, or visa exemption, is enough according to Bangkok Bank singly... Required in case mailing address differs from Mykad: Utility bills ( e.g visa the better a UAE if... Rm20 to open the account open a savings account is NOT applicable to non-residents, societies, companies, and. Opening of the account licence under the Monetary Authority of Singapore balance of RM20 is maintained and told me my... Opened under individual or joint names industry practice, effective 1 January 2021, service! Rm250,000 for each post-dated DBS/POSB bangkok bank savings account minimum balance returned cheque or higher the account or amount deposits! Missing from my account ) Mykad verification failed: Valid Passport ( if Mykad is produced as a.... Make payments conveniently via various channels PIDM up to 20,000 baht is tax-exempt non-residents... Transfer, and make payments conveniently via various channels, transfer, and it offers a currency... 2021, a service fee will apply for Bank account where yo Earn to... Per current practice, you need to produce an Introducer upon opening of the above-listed people or.! Mailing address differs from Mykad: bangkok bank savings account minimum balance bills ( e.g 500 baht Earn! Account ( BSA ) low initial deposit with only RM20 to open a savings account with the Bank, you... Passbook during account opening and when the old passbook is full your methods of receipt and your statement to.