Speed D Plus Savings by CIMB Thai

Deposit interest rate calculated based on total account balance (Tier Rate)

Term and Conditions

• Account Opening Channels for Speed D Plus Savings by CIMB Thai (“Speed D+”)

1. CIMB THAI Digital Banking Application, for individuals with Thai nationality only.⁽¹⁾
2. Branches, for Thai individuals ,and foreign customer.

⁽¹⁾In case of Speed D+ account opening via CIMB THAI Digital Banking Application, the branch owner will be Langsuan Branch.

• Customer must aged 15 years and above at the account opening date.
• Customer must have a valid email address and apply for CIMB THAI Digital Banking Application to do financial transactions through the account.
• A Customer can open only 1 account of Speed D+. The Bank will consider to change account type to Speed D Savings by CIMB Thai (“Speed D”) as per terms and conditions⁽²⁾ indicated and specified by the Bank.

If the Speed D account is still active, customer will not allow to open another Speed D+ account.

⁽²⁾Please study and have a complete understanding of “Conditions to Maintain Speed D+ Account”.

• Only single account is eligible for Speed D+ account opening. (No joint account is allowed).
• Speed D+ account and Speed D account is a no passbook saving. The Bank will send monthly e-statement to the email provided on the account opening date.
• Speed D account is an account using for product changing for case  that the customer cannot maintain financial status as per terms and conditions prescribed. Therefore, customer will not be able to request for Speed D account opening at any point in time.
• The debit card will not be issued for Speed D+ or Speed D account.

Importance: Please study the below information before the account opening.

“Conditions to Maintain Speed D+ Account”

Being CIMB Preferred member and has Wealth Under Management or WUM (as the details in Remarks no. 2. below) from THB 1 million and above within 6^th month from the date of opening Speed D+ account. And maintain (or increase) WUM throughout the period you want to keeping your Speed ​​D+ account.

“The Bank will consider changing from Speed D+ account to Speed D account”

“The Bank will consider changing from Speed D+ account to Speed D account”

1. As of the 6th month from the date of opening Speed D+ account, the customer shall be CIMB Preferred member with WUM of at least THB 1.0 million at the end of the 6th month. If not complying with the requirement, the customer’s account type will be changed to Speed D account in the 7th month from the date of opening Speed D+ account and;
2. From the 7th month after the date of opening Speed D+ account and onwards, the Bank will consider the customer’s WUM on a yearly basis. The customer shall be CIMB Preferred member with WUM of at least THB 1.0 million at the month end for a period of at least 6 months. If not complying with the conditions, the customer’s account type will be changed to Speed D account in the next January.

However, in case where the deposit account type has been changed to “Speed ​​D” account and the customer is able to maintain WUM as per conditions from the 7th month after the date of account opening, the Bank will consider changing the account type to “Speed ​​D+” account according to the month that the WUM meets with the requirement and the change of account will be made in the following month.

Remarks:

1. For more information of the Bank’s current deposit interest rate, please visit www.cimbthai.com or contact any CIMB Thai Bank branch or CIMB Thai Care Center Tel. 02-626-7777.

2. Details of calculating Wealth Under Management (WUM)

3. The Bank may change the terms and conditions which can be checked at https://preferred.cimbthai.com. In case of dispute, the Bank's decision shall be final.

4. The Bank will notify the change of Speed ​​D+ account type before and after the change according to the Bank's practice via E-mail address notified to the Bank or Notification in the CIMB THAI Digital Banking Application and/or myPreferred Application (for CIMB Preferred Member only), whereby the Customer must select turn the Notification on in their application settings or any other channels as specified by the Bank.