Thai Bank Deposit Account With Reasonable Interest Rate

[ianc66]

A month or so ago a number of banks were offering Baht term deposits with reasonable rates they seem to have vanished.

Any know of any still available and your experiences good or bad?

Thanks

[hereforgood]

5.375 % at TMB on Pattaya Klang here in Pattaya. Not sure the required term though.

[naka]

Most banks have long term investment accounts, 9-12 months fixed term.

with rates of 4.5 - 5%.

Just walk in and ask.

Naka.

[stevehaigh]

http://www.bot.or.th/bothomepage/databank/.../interest_e.asp

[jbaldwin]

Have you considered short term bond mutual funds.

Bangkok Bank offers these about every month. They have a fixed life of around 11 months, invest in government bonds and pay a guaranteed return. The last issue guaranteed 4.85% tax free.

[farangene]

Have you considered short term bond mutual funds.

Bangkok Bank offers these about every month. They have a fixed life of around 11 months, invest in government bonds and pay a guaranteed return. The last issue guaranteed 4.85% tax free.

Good advice.

Just got a call this morning from banker at Bkk Bank who advised they have "mutual funds" for 6 or 8 or 10 months. Minimum is 100k baht and interest is 4.85% tax free. I think they also offfered one year.

[farangene]

Have you considered short term bond mutual funds.

Bangkok Bank offers these about every month. They have a fixed life of around 11 months, invest in government bonds and pay a guaranteed return. The last issue guaranteed 4.85% tax free.

Good advice.

Just got a call this morning from banker at Bkk Bank who advised they have "mutual funds" for 6 or 8 or 10 months. Minimum is 100k baht and interest is 4.85% tax free. I think they also offfered one year.

My wife just told me that the rate was for a term of 11 or 12 months and interest is paid every 6 months.

I stand corrected