|Description||Thai Baht Account of Foreign Financial Institutions|
|Type of account||Current, Savings, Fixed (more than 6 months)|
|Interest payout||N/A for current or savings account|
|N/A for current account without cheque book|
|Pays interest rates as specified on the date of fixed account deposit|
|End-of-day balance||Consolidated, end-of-day balance at all domestic financial institutions is limited to maximum of 300 million THB.|
|Identify payment objectives||Clearly state payment objectives in the SWIFT payment order as follows:|
|Section no. 70 in MT103 together with contact details of recipients|
|Section no. 72 in MT200/202|
The provisions of Bank of Thailand regulations are in effect for all individuals or corporate THB account holders who reside in foreign countries but use financial services in Thailand.
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