Special Fixed Account: 3-Month and 12-Month Deposit Periods

Terms of Service

• The minimum amount for account opening is 100,000 Baht and the minimum subsequent deposit is 1,000 Baht.
• The maximum amount per person cannot exceed 30,000,000 Baht. (This limit includes all types of fixed accounts, except for the Tan Jai Fixed Account and Special Fixed Accounts for those who purchase life insurance through the Bank's branches for each deposit period.)
• The Bank pays interest on the maturity date, after deduction of withholding tax. If the maturity date falls on a holiday, the Bank will postpone the interest payment to the next business day.
• The Bank reserves the right to deduct withholding tax from deposit interest in accordance with the Revenue Department's regulations.

Type of Depositors

• Special Fixed Deposit with a 3-month deposit period: the types of depositors are individuals, Thai Juristic Person and non-profit entities who have never had a bank account (New CIF).
• Special Fixed Deposit with a 12-month deposit period: the types of depositors are individuals, Thai Juristic Person and non-profit entities

Service Period

• Special Fixed Deposit with a 3-month deposit period: from 18 April  2025 onwards, or until further notice.
• Special Fixed Deposit with a 12-month deposit period: from 18 April  2025 onwards, or until further notice.

Interest Rate for Breaching Deposit Conditions

In the case of a withdrawal before the deposit period matures, the Bank will pay interest as follows:

• If the deposit term is less than 3 months, no interest will be paid.
• If the deposit term is more than 3 months, interest will be paid based on the actual deposit period at the savings deposit interest rate on the date of each deposit 

Renewal of Deposit

When the deposit period of each deposit matures and the depositor does not notify the Bank of their intention to change the deposit type, the Bank will automatically renew the deposit for the original deposit period (based on the selected deposit period) with the following details:

• For a 3-month deposit period, the deposit will be renewed for the same period, and the interest will be calculated at the fixed account rate for the 3-month period as announced at that time.
• For a 12-month deposit period, the deposit will be renewed for the same period, and the interest will be calculated at the fixed account rate for the 12-month period as announced at that time.
   

Individual

• A copy of national ID card

Thai Juristic Person

• Certificate of Incorporation (issued within the past 3 months);
• A copy of Memorandum of Association and Articles of Association;
• A copy of List of Shareholders;
• A minutes of Board of Directors’ meeting;
• A copy of Taxpayer Identification Card;
• Copies of the national ID card and house registration of the authorized signatory, as well as those of shareholders holding 25% or more, with the seal of the legal entity registered at the Ministry of Commerce.;
• A copy of VAT registration certificate
• A copy of Form BorOrJor. 3 (Registration of Establishment) or BorOrJor. 4 (Amendment Registration) (if any)

Remarks:

1. Closing an account: Accounts can only be closed in person at the branch where the account was opened.
2. The Bank reserves the right to amend the conditions in accordance with its announcements.
3. Deposit interest rates, fees, and other services are subject to the Bank's announcements.
4. The deposit is protected by the Deposit Protection Agency, up to the amount specified by law.