Terms of Service

• For individual and juristic customers.
  
• Initial deposit of at least Baht 10,000.
  
• Deposit possible at every branch throughout the country with no minimum deposit amount.
  
• Unlimited cash withdrawal by cheque at the account owner’s branch, or maximum of Baht 300,000 per cheque at other branches.
  
• Sweep account service between savings and current accounts for convenience in depositing money into the account when there are cheques waiting for collection.
  
• Can apply for approval of overdraft (O/D) facility. The interest rate is calculated daily and debited from the account at the end of the month.
  

Fees / Interest Rates

• TMB Current 3-in-1 account interest rates according the Bank’s notifications.
• O/D interest rate according to the Bank’s notifications. regarding interest rates on loans, based on customer category.
• Interest is calculated everyday and paid twice a day, in June and December.
• Other fees are according to notifications regarding service fees and fines related to deposits and credit facilities and other bank fees.

Documents Required for Account Opening  

General Customers

• A copy of a citizen ID card or an ID card with a photograph issued by a government agency.

Juristic Persons

• A copy of an ID card and a copy the house registration certificate of a person authorized to give payment instructions.
  
• A copy of the company’s Memorandum of Association.
  
• A copy of the Trade Registration Certificate.
  
• A minutes of the meeting on the opening of a savings account in Baht currency together with applicable conditions.
  
• Samples of signatures of persons authorized to sign on behalf of the company as stated in the Certificate of Deposit.