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 You Are Here: Home >Personal Banking >Deposit >Fixed Deposit Account >Spring Festival Deposit
Spring Festival Deposit
 
Welcoming the year of the pig with a special Spring Festival program that offers you free a Tesco Lotus voucher when opening a new fixed deposit account or depositing funds into a fixed deposit account with passbook or deposit receipt (DR) with the conditions according to the following conditions:

  • Receive voucher value Baht 600 for every Baht 1,000,000 deposit for 6-month period.
  • Receive voucher value Baht 1,300 for every Baht 1,000,000 deposit for 12-month period.

Interest rate

 

Deposit Period Interest Rate
(per annum)
6 Month 1.55 %
12 Month 1.65 %

4 March - 31 May 2019

The Bank reserves the right to close the program before the stated date once the deposit amount has reached the Bank's target. The Bank will inform the closing date in advance.

Program Conditions

  • This program is reserved for new customer who doesn’t have any account with the Bank or existing customer who opens new account with New Funds or deposits New Funds with the Bank only (New Funds means the funds that have never been deposited with the Bank).
  • For individual customers only.
  • “For”, “By” account, group of person account and all joint accounts (“And”, “Or”) are not applicable to this product.
  • If funds are withdrawn before the maturity date, the Bank shall pay interest at the rate according to the actual deposit period as follows:
    - If deposit period less than 3 months, the Bank shall pay interest at the rate of 0.50 percent per annum. The Customer will receive principal and interest calculated after deduction the total value of voucher received by the Customer.
    - If deposit period from 3 months onwards, the Bank shall pay interest at the rate of 0.50 percent per annum without deducting the value of voucher received by the Customer.
  • The Bank reserves the right not to accept a refund of voucher that the Customer has received.
  • Interest will be paid on maturity date.

    Account Opening/Deposit Conditions

    • Minimum initial deposit of Baht 1 million. Each subsequent deposit of Baht 1 million is required.
    • Maximum deposit amount is Baht 5 million per customer. A deposit amount less than Baht 1 million for each deposit will not be calculated for the maximum deposit amount.

    Other Conditions

    • Partial withdrawals are not allowed. Account shall be closed at the branch where it was opened only.
    • At the maturity date, if the customer has not otherwise notified the Bank, it shall be considered that the deposit is automatically renewed for the same deposit term and the normal interest rate per the Bank’s announcement at the time will be applied.

      Apply Now!

      Please call ICBC (Thai) Call Center at 0 2629 5588 or visit any of our branches nationwide for more information from our experienced specialists. Please kindly submit the following documents:
      • An original ID card for Thai residents
      • In case information in ID card is not able to be verified, kindly further submit the documents as follows;
      •   - a copy of ID card, or

          - an original valid driver license showing photo and ID number, or

          - an original of any identity card issued by government agency showing photo and ID number,  e.g. a government or state enterprise officer card, and

          - a copy of house registration.

      • Passport, and Work Permit or other documents determined by the Bank for non-residents

          Remark

          • *Estimated APR (% p.a.): For 6-month account deposit of Baht 1,000,000, the effective interest rate is 1.67% combining voucher valued Baht 600. For 12-month account deposit of Baht 1,000,000, the effective interest rate is 1.78% combining voucher valued Baht 1,300.
          • Information herein is for reference only. The Bank reserves the right, at its sole discretion, to amend the terms and conditions.
          • Please refer to announcements, regulations and fee rates posted on the website or at our branches for further details.
          • In case of any disagreement/dispute, the Bank’s decision is final.
          • The deposit and accrued interest are under the protection of the laws regarding the Deposit Protection Agency as per the amount and conditions stipulated therein.
          • A tax exemption privilege shall be in accordance with the regulations of the Revenue Department.
                  Baht-Dollar Fixed Deposit Sales Sheet

                  (2019-02-28)
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