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 You Are Here: Home >Personal Banking >Deposit >Fixed Deposit Account >Baht- Dollar Fixed Deposit
Baht-Dollar Fixed Deposit
 

A multi-currency (Thai Baht and US Dollar) Fixed Deposit that gives you special interest rates

Select from 6 or 12-month tenor and simply make a deposit to the account in Thai Baht and US Dollar currency equally to receive the special rates.

Deposit Period
(No. of Months)
Interest Rate
(per annum)
6 Month 1.85 %
12 Month 2.30 %

Deposit period from 21 January – 30 April 2019

Features

  • A multi-currency (THB and USD) fixed deposit account with passbook for a 6 month term or a 12 month term.
  • Account type for Thai Individual or Thai Resident: Domestic Special Foreign Currency Deposit (DSFCD) – without future obligations.
  • Account type for foreigner or non-resident: Foreign Currency Deposit Account (FCD).
  • Account Opening Conditions

  • For individual customers only. One account per one customer.
  • Minimum initial deposit of Baht 1 million (divided into Baht 500,000 and USD equivalent to Baht 500,000) by using exchange rate available on the deposit date.)
  • Maximum deposit amount is Baht 20 million per account, both currencies combined.
  • Deposit Conditions

  • The Customer must make a deposit to the account in Thai Baht and US Dollar currency equally at the same time (USD amount is equivalent to amount in Thai Baht). For example, deposit Baht 2 million will be divided into 1,000,000 Baht and $US 31,250 (exchange rate at $1 = THB 32).
  • Each subsequent deposit of Baht 1 million (divided into Baht 500,000 and USD equivalent to Baht 500,000) are required.
  • Withdrawal/ Account Close

  • For withdrawal, the whole amount of both currencies shall be withdrawn at the same time. Partial withdrawals or withdrawal in each currency is not allowed.
  • Account shall be closed at the branch where it was opened only.
  • Other Conditions

  • At the maturity date, if the Customer has not otherwise notified the Bank, it shall be considered that the Bank will pay interest at the rate of 0.50 percent per annum (applied to both currencies) calculated on the actual numbers of day elapse as from the maturity date, less withholding tax.
  • If funds are withdrawn before the maturity date, the Bank shall pay interest rate according to the actual deposit period, and the applicable interest rates shall be as follows:
  • - For Thai Baht, the Bank shall pay interest rate of 0.50 percent per annum.
    - For US Dollar, the Bank shall pay interest rate of USD regular savings interest rate per the Bank’s announcement as of the depositing date.

    Apply Now!

    Call ICBC (Thai) Call Center at 0 2629 5588 or visit the following branches to open an account.

    1. Head office 8. Lat Phrao
    2. Bangkhuntien 9. Sathon
    3. Samutsakhon 10. Ratchadapisek
    4. Vibhavadi 11. Sriracha
    5. Petchkasem 12. Rayong
    6. Srinakharin 13. Amata City
    7. Yaowaraj 14. Pattaya

    Customer can make subsequent deposit at any branch nationwide.

    Remarks

  • In case of deposit with cheques, only cashier's cheques are accepted.
  • The conditions for deposits/ withdrawals and the relevant documents shall be in compliance with the rules and regulations of the Bank of Thailand.
  • Interest rates, foreign exchange rate, conditions, related fees, commissions in lieu of exchange, and remittance charges are subject to the Bank’s announcement. Please refer to announcements, regulations and fee rates prescribed on the Bank’s website or at branches for more details.
  • In case the depositor is a Thai resident and the deposit is sourced from funds in Thailand, the maximum outstanding balance of all foreign currencies and all deposit accounts held by each depositor at the end of each day shall be in compliance with the rules and regulations of the Bank of Thailand.
  • Information herein is for reference only. The Bank reserves the right, at its sole discretion, to amend the terms and conditions without prior notice.
  • A tax exemption privilege shall be in accordance with the regulations of the Revenue Department.
  • Warning

  • Risk for foreign currency deposit account is associated with fluctuation of exchange rate. Customer may gain loss from the exchange rate.
  • The deposit and accrued interest in the foreign currency deposit accounts are not applicable under the Deposit Protection Agency Act.
  • Baht-Dollar Fixed Deposit Sales Sheet


    (2019-01-18)
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