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Foreign Currency Saving
This deposit product serves 7 foreign currencies
FCD:Account for Resident |
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| Maximum balance | Source of funds | Deposit conditions | Withdrawal conditions |
| Unlimited | • Source of income abroad • Funds from offshore loans •Receive salary from aboard • Fund transfer received from FCD accounts with a source of income from aboard • Fund transfer received from depositor own FCD account and Other Resident • Funds that residents have purchased/exchanged/borrowed from banks in Thailand. |
Deposit conditions • Fund transfer received from overseas • Fund transfer between FCD accounts • Thai Baht is used to buy foreign currency for deposit to FCD account • Loan borrowed from banks in Thailand
Supporting documents • No need to submit documents
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Withdrawal condition: • For settlement of obligations abroad • For deposit to FCD accounts held by non-residents, including settlement on behalf of a subsidiary abroad • For deposit to other FCD accounts of the same residents and FCD accounts of other residents • For deposit to FCD accounts of banks or businesses relating to foreign means of payment (as the case may be), including settlement on behalf of a subsidiary abroad • For exchange into Thai Baht • For settle foreign currency loan obligations to domestic banks
Funds to be received: • To be exchanged to Thai Baht • For transfer to offshore as the objectives set by BOT • For transfer between FCD accounts |
Support documents for Deposit
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Support documents for withdrawal | ||
| • No need to submit documents | •For settlement of obligations abroad and For deposit to FCD accounts held by non-residents, including settlement on behalf of a subsidiary abroad must present documents required by BOT
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| FCD:Account for non-resident | |||
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| Maximum balance | Source of funds | Deposit conditions | Withdrawal conditions |
| Unlimited | • Source of funds abroad • Funds transfer received from depositor’s own FCD or other non-resident • Funds received from purchase/exchange/ borrowing from banks in Thailand) • Foreign currency funds withdrawn in Thai Baht from NRBA or NRBS for deposit to depositor’s own FCD • Foreign currency funds bought by a non-resident with Thai Baht received from working in Thailand for deposit to depositor’s own FCD) |
Deposit conditions • Fund transfer received from overseas • Foreign currency funds bought with Thai Baht for deposit to FCD2 • Fund transfer between FCD accounts of non-resident • Fund transferred from FCD of individual/juristic person registered in Thailand to settle obligations to non-resident
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Withdrawal conditions • Withdrawal is allowed In all cases of funds withdrawn and received in foreign currency
Supporting documents • No need to submit documents
Funds to be received: • To be exchanged into Thai Baht* • For transfer between FCD accounts • For transfer to the offshore.
*In case of withdrawal and receiving in Thai Baht can be done under the following limits per the established criteria by BOT: 1. Value Today / Tom not exceeding 200 million baht per non-resident (NR) group of persons/ juristic persons including other transactions to provide Thai Baht liquidity 2. Unlimited for value spots
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| Not exceeding the obligations of Resident | • Payments received from residents per the established criteria | ||
Support documents for Deposit
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Support documents for withdrawal | ||
| In case of if the Baht is used to buy foreign currencies at the amount equivalent to USD200,000 or more for deposit into FCD accounts, documents showing the sources of the Baht are required, such as salary certification. | • No need to submit documents
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