Foreign Currency Deposit

Minimize... risk over exchange rate fluctuation
Maximize... flexibility in managing foreign currencies
Increase... value of your money with an attractive interest rate

• To mitigate risk exposure of import and export businesses from fluctuations in exchange rates
• To facilitate foreign currency management for  international businesses
• To expand investment alternatives with yields from exchange rates and interest rates

• To reserve fund for future payments in foreign currencies such as payment for goods, services or overseas tuition fees, etc.

• The deposit system will automatically close accounts of foreign customers with a remaining balance being nil (0.00) for 365 consecutive says without prior notice
• Holders of FCD accounts which are savings/current accounts will be given an Card instead of a passbooks, as evidence of deposit
• A copy of passport is required for any Thai Resident depositing foreign banknotes into FCD for Thai accounts of withdrawing funds in foreign banknotes from any account types
• Requirements pertaining to the minimum initial deposit amount, the minimum average monthly balance and other conditions, are subject to changes in accordance with the Bank’s announcement.

• The maximum balance applicable to each account type is subject to change as per the Bank of Thailand’s rules and regulations
• Banknote deposit and withdrawal must be supported by evidence as prescribed by the Bank of Thailand
• For deposits in foreign banknotes, the daily aggregate amount of deposits in all currencies, accounts and all Banks in Thailand for one Thai Resident shall not exceed USD 15,000 or its equivalent according to the Bank of Thailand’s regulation