Purchase foreign financial instruments i.e.Traveller’s Cheque, Draft, Cashier’s Cheque, Cheque, Money Order etc. and arrange to credit value of the instruments into the payee’s deposit account prior to the result of clearing process
Remarks
Traveller’s Cheque can be received by cash immediately upon the encashment
Other instruments will be credited to the payee’s deposit account only
Conditions
Deposit Account with TMB required by premium customer
Fees
Traveller’s Cheque: THB.30.00 for fee and THB.3.00 for Duty Stamp per item
Other Instruments: THB.200.00 for fee and THB.3.00 for Duty Stamp per item
Accept foreign financial instruments i.e. Draft, Cashier’s Cheque, Cheque, Money Order etc. for collection in which value of the instruments will be arrange to credit to the payee’s deposit account upon the result of collection process
Remarks
Minimum value of the foreign financial instruments sending for collection must be USD.50.00 each
United States Treasury Check or some instruments issued by government of some countries are unable to accept for collection
Conditions
Deposit Account with TMB required by the payee
45 days are taken approximately for collection
Collection Fees
USD.10.00 per item (collected by TMB)
USD.17.00-USD.22.00 per item (collected by the agent bank or the paying bank)
Regulations of the Bank of Thailand
Foreign exchange transactions valued from USD.20,000.00 or equivalent at market rate per person per day, customers are required to certify the transaction by appending signature on the form as regulated by the Bank of Thailand.
The amount of instruments which the bank can buy from the customer, is not limited if the customer can provide evidence as regulated by the Bank of Thailand. Should you have further inquiry, please contact us at 0-2299-2028, 0-2242-3427.
For more information
For more information, please contact us at 0-2299-2032, 0-2242-3427
