Terms of Service

• For individual and juristic clients.
  
• For a bill of exchange having a 3, 6, 12, and 36-month tenor; minimum face value of each bill of exchange of Baht 500,000; and a minimum additional value of Baht 10,000 for the next bill of exchange purchased.
  
• Purchase/redemption at the branch where the Bill of Exchange is Purchased only.

Fees / Interest Rates

• Bill of exchange interest rates according to the Bank’s notifications.
• For 3, 6, and 12-month bill of exchange, the interest is paid on the date of maturity and transferred to the savings account indicated by the customer.
  
• For a 36-month bill of exchange, the interest is paid monthly and transferred to the savings account indicated by the customer.
  
• For premature redemption the general savings account interest rate according to the Bank’s notification on the account opening date will apply and the withholding tax on the interest will be deducted.
• 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.