Skip to content
View in the app

A better way to browse. Learn more.

Thailand News and Discussion Forum | ASEANNOW

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Has anyone been charged a service fee for a low account balance by a Thai bank?

Featured Replies

  • Popular Post

I have a couple of Thai bank savings accounts that I rarely use, but I keep them open in case I need them someday. Each account has a balance of ฿20, and a couple times a year I move ฿100 in and out of the accounts just to show some activity and to let them know that the account owner is still breathing.

 

So far, I’ve never been charged a monthly service fee or had either bank threaten to close an account. From what I understand, most Thai banks require a ฿2,000 minimum average daily balance on savings accounts to avoid service fees, but in my experience, that requirement hasn’t been enforced.

 

Has anyone here had a different experience with Thai banks charging low balance or inactivity fees?

  • Replies 57
  • Views 4.2k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • I don't understand keeping only 20 baht in a bank account in the hopes of keeping it alive.   Why not 500?  Difficult for you?

  • I don't think any Thai bank has a fee for simply not maintaining a minimum balance on a standard savings account. They do, however, have fees for accounts that are both inactive and have a low balance

  • NOT true for BKK bank! I have three accounts with them. One FD for my Retirement extension. My working monthly expenditure account which often drops to less then 100 baht during the month and my

Posted Images

I believe that when your balance drops below 2000 THB, the account starts to incur service fees, those fees increase again, once the account balance drops below 1000B. Once fees have eroded the account to a zero balance, that account is then closed.
Once closed; in order to open a new one, you must visit a branch with a minimum 12-month visa and likely have to provide a certificate of residence, depending on specific bank requirements.

The minimum opening balance for most banks is 500 Baht, for some 1,000 Baht. I have only seen one bank who charged customers for a low balance and that was the former Citibank Thailand.

8 hours ago, FriscoKid said:

I have a couple of Thai bank savings accounts that I rarely use, but I keep them open in case I need them someday. Each account has a balance of ฿20, and a couple times a year I move ฿100 in and out of the accounts just to show some activity and to let them know that the account owner is still breathing.

 

So far, I’ve never been charged a monthly service fee or had either bank threaten to close an account. From what I understand, most Thai banks require a ฿2,000 minimum average daily balance on savings accounts to avoid service fees, but in my experience, that requirement hasn’t been enforced.

 

Has anyone here had a different experience with Thai banks charging low balance or inactivity fees?

It's better to read your bank's minimum requirements, and then stay above. I get a notice every month on my BBL accts warning me of the minimum balance requirements even though I have never gone below. I think the fee on my USD acct is $10 per mth

Bangkok Bank has some minimum to be held for no charge.

It's sometimes it is stamped in the bank book. Might be 2000, not sure.

A bearable risk 🙄

 

20 Baht, heaven help 🫣

Couldn't find the answer on the BB website but some Reddit poster says that below 2000 Baht there is a fee of 50 Baht/month.

If balance is 0 the account will be closed after a year.

Most banks are 500 baht minimum. If no activity for 12 months, monthly charges start.

LH Bank is minimum 2000 baht, you can't even withdraw below that limit..

SCB and Thannachart in the past have closed my accounts because they reached ZERO, after a number of months.

Currently SCB says there is no such fee anymore, but I don't believe them, so I keep balance above 500 baht.

All banks I know about will make your account dormant if no activity for 12 or even 6 months for some banks. At that point you can't even see your balance in the app anymore.

You need to visit the branch to make it active again.

In the past few weeks I have been told by a few people that banks had closed their accounts because their address is still in their home country, although they visit Thailand often, and 2 of them live here.

  • Popular Post

I don't think any Thai bank has a fee for simply not maintaining a minimum balance on a standard savings account. They do, however, have fees for accounts that are both inactive and have a low balance.

 

This is from Bangkok Bank's fees table (translated from Thai):

Quote
  1. Fee for maintaining savings accounts and current accounts (excluding accounts with O/D limits):
    • Fee: 50 Baht per month.
    • Condition: Applicable to accounts with a balance of less than 2,000 Baht and no activity for 1 year or more.

 

Once the balance on the inactive account reaches zero, it will be closed by the bank.

 

The conditions for all major Thai banks are very similar on this.

5 minutes ago, CallumWK said:

Most banks are 500 baht minimum. If no activity for 12 months, monthly charges start.

LH Bank is minimum 2000 baht, you can't even withdraw below that limit..

SCB and Thannachart in the past have closed my accounts because they reached ZERO, after a number of months.

Currently SCB says there is no such fee anymore, but I don't believe them, so I keep balance above 500 baht.

All banks I know about will make your account dormant if no activity for 12 or even 6 months for some banks. At that point you can't even see your balance in the app anymore.

You need to visit the branch to make it active again.

In the past few weeks I have been told by a few people that banks had closed their accounts because their address is still in their home country, although they visit Thailand often, and 2 of them live here.

 

This from SCB's FAQ:
image.png.d690447ee322a0ea66eac0fc4f2777d9.png

Just now, Sophon said:

 

This from SCB's FAQ:
image.png.d690447ee322a0ea66eac0fc4f2777d9.png

 

So my comment, I don't believe them what they told me,  is justified . 🙂 

5 minutes ago, CallumWK said:

 

So my comment, I don't believe them what they told me,  is justified . 🙂 

 

True, but keeping the balance above 500 Baht won't help you. If the account is active, you don't need to keep the balance above 500 Baht, and if it is inactive you need to keep the balance above 2,000 Baht.

1 hour ago, Sophon said:

 

True, but keeping the balance above 500 Baht won't help you. If the account is active, you don't need to keep the balance above 500 Baht, and if it is inactive you need to keep the balance above 2,000 Baht.

I only have savings accounts with all banks, except Kasikorn, as I don't see the point in maintaining an account that pays 0.2%.

The Kasikorn account is the one I do all transactions with.

 

I have 1 savings account with SCB since June 2021, and the highest balance it has ever got is 505.04 Baht, and never had any fee deducted.

It has been dormant multiple times, but moving 1 baht from or to another SCB account, forgot which is the correct method, makes it active again

 

image.jpeg.a6b75c285448fad6ccd93db69da9b760.jpeg

  • Author

Thanks for all the replies. It seems the consensus is that banks may only charge a fee if your balance stays below 2,000 Baht for a year and there’s no activity on the account during that time. Meaning, low balance alone is not enough to trigger a monthly service charge, it seems the account might need to be dormant as well, and even then they might not charge a fee. 

 

So even with just a 20 Baht balance, as long as you transfer some money in and out every six months, which is what I normally do, you likely won’t be charged any low balance account fees or asked to close the account. That’s been my experience so far as well.

 

At one point, I had a strange situation with KBank. They sent me a physical letter via post saying my account was locked and would be closed if I didn’t visit a branch to unlock it soon. I was surprised by this, and at the branch, they explained it happened because the account had been dormant with no activity for over 12 months. This was before I knew about the account dormancy issue and before I started doing small transfers in and out of my unused accounts a couple of times a year. Since then, I haven’t had any issues with accounts being locked or flagged as dormant because the accounts now show some regular activity.

 

I assume banks institute this dormancy policy as a security measure to avoid keeping accounts open for people who might be deceased and to avoid someone possibly illegally withdrawing money from a deceased person's account. That’s why I mentioned in my original post that I show some account activity on the accounts an average of twice a year to let them know the account owner is still breathing, which wasn't meant to be a joke.

 

So it sounds like I can just continue keeping low balances, around 20 Baht, and make occasional transfers every six months. That should be enough to avoid low balance fees and prevent the accounts from being closed.

 

    

On 7/30/2025 at 2:54 AM, FriscoKid said:

I have a couple of Thai bank savings accounts that I rarely use, but I keep them open in case I need them someday. Each account has a balance of ฿20, and a couple times a year I move ฿100 in and out of the accounts just to show some activity and to let them know that the account owner is still breathing.

 

So far, I’ve never been charged a monthly service fee or had either bank threaten to close an account. From what I understand, most Thai banks require a ฿2,000 minimum average daily balance on savings accounts to avoid service fees, but in my experience, that requirement hasn’t been enforced.

 

Has anyone here had a different experience with Thai banks charging low balance or inactivity fees?

They certainly close your account because of withdrawn fees on a dormant account below 2000 baht. It happened to me, I had only a few hundred baht left on it when I left Thailand some years ago. They started charging a fee after a year or so, I think it was 50 baht, until it was zero. Then they closed it. This was Bangkok Bank.

If you maintain it every 6 months or so, you would be fine.

  • Popular Post

I don't understand keeping only 20 baht in a bank account in the hopes of keeping it alive.

 

Why not 500?  Difficult for you?

On 7/30/2025 at 10:51 AM, msbkk said:

The minimum opening balance for most banks is 500 Baht, for some 1,000 Baht. I have only seen one bank who charged customers for a low balance and that was the former Citibank Thailand.

I have 3 Thai bank accounts and occasionally one of them may drop into the tens or hundreds of baht until I can arrange a transfer, they are always debited for low balance amounts.

 

I once had a BBL account that was closed in Bangkok for the very fact it wasn't used but then I wasn't living here.

The account gradually reduced from a few hundred baht until it hit 0 and was then cancelled. This was many moons ago but I think under used accounts are treated with suspicion.

  • Author
6 hours ago, CanadaSam said:

I don't understand keeping only 20 baht in a bank account in the hopes of keeping it alive.

 

Why not 500?  Difficult for you?

 

Sorry, but I don’t follow your logic. It’s not a matter of difficulty, but where exactly does this 500 figure come from? If you ask any of the major banks in Thailand what the minimum balance requirement is to avoid monthly service charges, they’ll all tell you it’s 2,000. That aside, why keep more money than necessary in accounts that I’m not actively using?
 

So far, maintaining only a 20 Baht balance, together with creating some deposit and withdrawal activity on the accounts every six months, has worked just fine. I haven’t received any warnings from the banks about account closure, and I haven’t been charged any low balance fees. If that ever changes and I still want to keep the accounts open, I can always reconsider having a higher balance.

 

The original point was simply to find out whether anyone else has had a different experience or not.

On 7/30/2025 at 10:51 AM, msbkk said:

The minimum opening balance for most banks is 500 Baht, for some 1,000 Baht. I have only seen one bank who charged customers for a low balance and that was the former Citibank Thailand.

 

Aha, Citibank, the bank which introduced a fee every time a customer entered the branch, I think it was 40Baht. 

 

Bank of Thailand got wind of this after a couple of months and then demanded Citibank stop it.  

2 hours ago, Andycoops said:

I have 3 Thai bank accounts and occasionally one of them may drop into the tens or hundreds of baht until I can arrange a transfer, they are always debited for low balance amounts.

 

I once had a BBL account that was closed in Bangkok for the very fact it wasn't used but then I wasn't living here.

The account gradually reduced from a few hundred baht until it hit 0 and was then cancelled. This was many moons ago but I think under used accounts are treated with suspicion.

Do you have bank cards for your accounts? Because the cards will lead to yearly service charges.

33 minutes ago, FriscoKid said:

 

Sorry, but I don’t follow your logic. It’s not a matter of difficulty, but where exactly does this 500 figure come from? If you ask any of the major banks in Thailand what the minimum balance requirement is to avoid monthly service charges, they’ll all tell you it’s 2,000. That aside, why keep more money than necessary in accounts that I’m not actively using?
 

So far, maintaining only a 20 Baht balance, together with creating some deposit and withdrawal activity on the accounts every six months, has worked just fine. I haven’t received any warnings from the banks about account closure, and I haven’t been charged any low balance fees. If that ever changes and I still want to keep the accounts open, I can always reconsider having a higher balance.

 

The original point was simply to find out whether anyone else has had a different experience or not.

If I were you, my concern would be if they did charge you say a 50B fee, then your 20B balance would immediately go to zero without you knowing, and they could possibly close the account for having zero balance. I guess, that would be the only reason I would keep a little more than what the monthly fee would be just in case they ever did charge you that monthly fee. Hey, but to each his own. I get a written notice in the mail from Bangkok Bank every month saying that the minimum average balance is $250 USD in my FCD account, so I keep $300 just to be safe. I don't get any notice on my THB account, but I use it regularly and keep much more than the minimum balance. I only use my FCD account a few times per year.

36 minutes ago, FriscoKid said:

f you ask any of the major banks in Thailand what the minimum balance requirement is to avoid monthly service charges, they’ll all tell you it’s 2,000.

NOT true for BKK bank!

I have three accounts with them. One FD for my Retirement extension. My working monthly expenditure account which often drops to less then 100 baht during the month and my standby account, loss of other debit card etc, which on average has 10 baht in it which I add or remove 10 baht every six months just to keep active. 

No monthly fees on any of the accounts.

 

I will not keep more money than necessary in a Thai bank account.

  • Author
1 hour ago, JohnnyBD said:

If I were you, my concern would be if they did charge you say a 50B fee, then your 20B balance would immediately go to zero without you knowing, and they could possibly close the account for having zero balance. I guess, that would be the only reason I would keep a little more than what the monthly fee would be just in case they ever did charge you that monthly fee.

 

Yes, that does make practical sense. But what I believe is true is that when your account has almost a zero balance, they’re not going to charge you any fees and risk driving the account into a negative balance. In fact, I think you might actually be more likely to get charged a monthly fee if your balance is slightly under the minimum required, say if it's at ฿1500, simply because there’s more there to deduct from. So perhaps in this case, “less is more.”

 

That aside, I’ve never actually been charged a fee with these two ฿20 balance accounts. One of them had a fairly sizable balance up until about two-three years ago when I withdrew everything and moved the funds to another bank. Since then, it’s stayed at a very low balance and I’ve had no problems.
 

The other account I haven’t used in many years, it's been so long that I honestly can’t remember how long it’s been. And they have never charged me any fees. That’s the one that they froze temporarily several years ago when I went more than a year without any account activity. I think they just wanted to verify that I was still alive. But as long as I make a couple of small transfers in and out of the account each year, I don't think there will be any issues with either fees or closure.

 

In fact, based on everything I’ve read in the various responses above, it seems like the key factor isn’t the balance itself but maintaining at least a little bit of account activity. Most of the people who’ve been hit with monthly service charges or account closures seem to have run into those problems mainly because of dormancy.

  • Author
1 hour ago, DezLez said:

NOT true for BKK bank!

I have three accounts with them. One FD for my Retirement extension. My working monthly expenditure account which often drops to less then 100 baht during the month and my standby account, loss of other debit card etc, which on average has 10 baht in it which I add or remove 10 baht every six months just to keep active. 

No monthly fees on any of the accounts.

 

I will not keep more money than necessary in a Thai bank account.

 

According to the Bangkok Bank website, you only need ฿500 to open a THB savings account. They don’t mention a required minimum balance.

 

Dormancy rules apply though if your account has no activity for 12 months and the balance is below ฿2,000. In that case, they’ll charge a ฿50 monthly maintenance fee. If the balance reaches zero, the account may be closed after another year.

 

So, low balance alone doesn’t trigger fees. The account must also be inactive. As long as you do at least one transaction per year, you can keep a low balance without being charged by BBL. This likely applies to most Thai banks.

 

In short, no activity for 12 months at most Thai banks, plus a balance under ฿2,000 will lead to dormancy, service fees, and eventually account closure if not resolved. Otherwise, do your 1-2 transactions per year on the account then there's nothing more to worry about and account balance seems largely irrelevant.

19 minutes ago, FriscoKid said:

 

Yes, that does make practical sense. But what I believe is true is that when your account has almost a zero balance, they’re not going to charge you any fees and risk driving the account into a negative balance. In fact, I think you might actually be more likely to get charged a monthly fee if your balance is slightly under the minimum required, say if it's at ฿1500, simply because there’s more there to deduct from. So perhaps in this case, “less is more.”

 

That aside, I’ve never actually been charged a fee with these two ฿20 balance accounts. One of them had a fairly sizable balance up until about two-three years ago when I withdrew everything and moved the funds to another bank. Since then, it’s stayed at a very low balance and I’ve had no problems.
 

The other account I haven’t used in many years, it's been so long that I honestly can’t remember how long it’s been. And they have never charged me any fees. That’s the one that they froze temporarily several years ago when I went more than a year without any account activity. I think they just wanted to verify that I was still alive. But as long as I make a couple of small transfers in and out of the account each year, I don't think there will be any issues with either fees or closure.

 

In fact, based on everything I’ve read in the various responses above, it seems like the key factor isn’t the balance itself but maintaining at least a little bit of account activity. Most of the people who’ve been hit with monthly service charges or account closures seem to have run into those problems mainly because of dormancy.

I agree, it's not the balance itself, but the non-activity that comes into play for THB accts. My FCD accts are different, they require a minimum balance regardless of activity. The problem I had with having as many as 9 accts (THB Individual, USD Individual & Joint THB accts), was that I had to report all of them to the US gov't every year, so it wasn't worth me keeping the ones I didn't use or need. I never had a problem opening accts, so if I ever need another one, I will just open it at that time.

  • Author
1 minute ago, JohnnyBD said:

I agree, it's not the balance itself, but the non-activity that comes into play for THB accounts. My FCD accounts are different, they require a minimum balance regardless of activity. The problem I had with having as many as 9 accts (THB Individual, USD Individual & Joint accts), is that I had to report all of them to the US gov't every year, so it wasn't worth me keeping the ones I didn't use or need. I never had a problem opening accts, so if I ever need another one, I will just open it at that time.


Yeah, I had FCD accounts in the past, at least at two Thai banks. They were always more trouble than they were worth. High minimum balances. Always a nuisance to transfer money in and out. Eventually, I got tired of it and just closed them all. Better to keep it elsewhere anyway, bank accounts in Thailand, generally pay some of the lowest interest rates compared to opportunities in the various other domiciles. 

On 7/30/2025 at 12:33 PM, CallumWK said:

I only have savings accounts with all banks, except Kasikorn, as I don't see the point in maintaining an account that pays 0.2%.

The Kasikorn account is the one I do all transactions with.

 

I have 1 savings account with SCB since June 2021, and the highest balance it has ever got is 505.04 Baht, and never had any fee deducted.

It has been dormant multiple times, but moving 1 baht from or to another SCB account, forgot which is the correct method, makes it active again

 

image.jpeg.a6b75c285448fad6ccd93db69da9b760.jpeg

Saving loads I see.

  • Author
3 hours ago, FritsSikkink said:

Saving loads I see.

 

That low bank balance might be strategic. Could be the backup passbook he pulls out when women start asking for money.

 

16 hours ago, CanadaSam said:

I don't understand keeping only 20 baht in a bank account in the hopes of keeping it alive.

 

Why not 500?  Difficult for you?

Maybe we can have a bake sale to raise money 

4 hours ago, FriscoKid said:

 

That low bank balance might be strategic. Could be the backup passbook he pulls out when women start asking for money.

 

Can just say no.

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.

Account

Navigation

Search

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.