1. Savings Accounts

2. Current Accounts

3. Fixed Deposit Accounts

4. Foreign currency deposit account

Things you should know before deciding to deposit money
- Choose an account to suit your goals: Each type of deposit account meets different financial needs. For example, a savings account is suitable for those who want to conveniently deposit-withdraw-transfer. Current accounts are suitable for merchants who need to make frequent transactions. As for fixed deposit accounts, they are suitable for those who want to receive high interest.
- Understand interest rates: Each type of account offers different interest rates. In general, fixed deposit accounts have higher interest rates than savings and current accounts.
- Minimum balance requirements: Certain account types Especially the current account A minimum balance that must be maintained may be specified. To avoid fees
- Penalties: Withdrawals from fixed deposit accounts before maturity may be subject to fees or penalties. You should read the terms and conditions before opening an account.
- Passbook: When opening an account The bank will issue a passbook to record all transactions. Keep your bank account safe and keep your bank updated.
- Deposit Protection: Deposits in Thai banks are protected by the Deposit Protection Agency (DPA) up to 1 million baht per depositor per financial institution.
- Notification of lost or stolen passbook: If your passbook is lost or stolen Notify the bank immediately to request a new passbook. and receive advice on solving problems
- Tax: Interest earned on deposits exceeding 20,000 baht per year. The excess will be subject to a withholding tax of 15%. You should understand the tax implications of deposit accounts as well.