Thai Banks

[zoolander]

Can anyone tell me the best thai bank for interest rates..................cheers

[BEENTHEREDONETHAT]

Bank of Ayudhya gave us their blackboard special (for over 1,000,000 Baht) it was a staggering 2.6% for 90days. From that they automaticly deduct 15% tax. Probably not the best place to get rich from interest.

[naka]

They all pay about the same ... two thirds of SFA.

Naka.

[dr_Pat_Pong]

They all pay about the same ... two thirds of SFA.

Naka.

That much Bloody good.

[BEENTHEREDONETHAT]

Let me clearify that a bit. It is annual rate of 2.6% for 3 month fixed term.

[willi2006]

Bank of Thailand's table of interest rates of Thai banks http://www.bot.or.th/BOThomepage/databank/.../interest_e.asp

[roskruge]

I have heard some banks do not pay intrest to foreigners. rumour or fact I don’t know. So it would be best to check beforehand. But if anyone can confirm or deny please post.

[Naam]

I have heard some banks do not pay intrest to foreigners. rumour or fact I don’t know. So it would be best to check beforehand. But if anyone can confirm or deny please post.

i'm a foreigner. banking with SCB. get interest. don't ask how much

[roskruge]

When you deposit money with a Stock Broker/Securities until you buy shares, and you are under no obligation to buy shares. They will pay at quite a high interest rate, your money is absolutely safe, but they don’t like you making to many withdrawals. I did this for a while, while I studied the Thai stock market.

[billaaa777]

My Siam Commercial Money market account is paying 2.4 now, with 15% deducted for taxes monthly. It has been as high as 4% about a year ago. There are no restrictions on using your funds; it takes about a day for it to be transferred into your savings account so you can have access to it.