Product Detail

The SCB FCD Account accommodates deposits in major foreign currencies such as US Dollar (USD), Euro (EUR), Pound Sterling (GBP), Australian Dollar (AUD), Japanese Yen (JPY), Canadian Dollar (CAD), Danish Krone (DKK), Swiss Franc (CHF), Hong Kong Dollar (HKD), New Zealand Dollar (NZD), Chinese Yuan (CNY), Singapore Dollar (SGD), Malaysia Ringgit (MYR), Indonesia Rupiah  (IDR)

Highlights

No minimum deposit needed to open account for juristic persons (Individuals comply with product conditions.)

No minimum average remaining balance requirement for juristic persons (Individuals comply with product conditions.)

No account service fees for juristic persons (Individuals comply with product conditions.)

Receive the interest rate specific to each currency

SCB has largest number of branches in business centers throughout Thailand of any bank

Document  Requirements

Resident  Customer
  1. Minutes of Board of Directors meeting stipulating intention to open a bank account including power of attorney and payment condition and certified by authorized person and company seal
  2. Business registration certificate issued by Company and Partnership registration Office. The Registrar issued not more than 6 months.
  3. List of shareholders
  4. The power of attorney (if any) 
  5. Copy of Company Regulations (if applicable)
  6. Copy of Identification documents of all authorized directors.
Non - Resident  Customer
  1. Minutes of Board of Directors meeting stipulating intention to open a bank account including power of attorney and payment condition and certified by authorized person and company seal 
  2. Business Certificate of registration of the juristic person or documents showing the registration details, including the company name, registration number, registered capital, location of the office and list of authorized directors and conditions of the signing.
  3. List of shareholders (In some cases, the list of shareholders may be included in the certificate.)
  4. The power of attorney (if any)
  5. Copy of Company Regulations (if applicable)
  6. Copy of Identification documents of all authorized directors.

Documents prepared in foreign countries (1) Notary Public (2) Thai embassy abroad and (3) Thai Consulate-General, Ministry of Foreign Affairs respectively. The period from the date Notary Public is not less than 6 months. 

Benefits

  • Protects against FX rate volatility
  • Lets you respond immediately to every business opportunity
  • Improves cost management