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Can I receive and hold foreign currency in a Bangkok Bank account?

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Foreign Currency Deposit account: If you wish to hold your funds in foreign currencies, then another suitable option is a foreign currency account that will allow you to take advantage of exchange rate fluctuations and withdraw, deposit or transfer funds without converting them into Thai Baht. Bangkok Bank offers foreign currency deposit accounts in 13 currencies: USD, GBP, JPY, SGD, HKD, AUD, EUR, CAD, CHF, DKK, NOK, SEK, and NZD. The minimum deposit is 1,000 USD or equivalent and the fee for USD cash deposits or withdrawals is 1 percent of the transaction amount (minimum 500Bt). A minimum daily balance of 250 USD is required for current and savings accounts, and 500 USD for fixed accounts. This account is available at all Bangkok Bank branches with remittance services. Click here to find out about the documents required to open a foreign currency deposit and non-resident baht account.

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