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Bank for Agriculture and Agricultural Cooperatives - BAAC

Product and service

Savings Account Savings Account Special Savings Time Deposits Current Account Lottery Savings

Gradual Savings lead to Financial Security

Service Highlights :

Earn compensation every 6 months
Savings as lump sum money to spend
Savings for future use
Ideal for individuals and business entity
Daily interest charge and tax exempted interest
Bank account book can be used as loan collateral

Objective :

Savings for expenditures
Savings for future use

Depositor's Qualifications :

Ordinary person or Individuals from the age of 7 years onwards
Corporate companies

Initial opening account :

At least 50 THB

Minimum deposit - withdrawal :

Unlimited

Deposit Duration :

Unlimited

Interest/Return :

Daily interest charge
Tax exempted interest
Corporate companies pay tax according to the terms of the Department of Revenue

Terms of withdrawal :

Unlimited per day

Documents required to open an account :

Ordinary Person or Individual

Copy of identification card

Corporate companies

Important documents of the contact identification
Copy of Registration Certificate
Copy of Taxpayer identification number
Memorandum of Association
Minutes of Meeting of Board of Directors in agreement with bank handling transaction and authorized person to handle withdrawal
Identification of authorized signatory
Sample of company seal

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