ttb the exclusive savings | TMBThanachart (ttb)

ttb the exclusive savings can be opened at ttb Branch only.
The Depositor must have life insurance products prescribed by the Bank and purchased via the Bank and life insurance policy must have been approved in order to be eligible for opening ttb the exclusive savings account. In this regard, life insurance products are provided by Prudential Life Assurance (Thailand) Public Company Limited. TMBThanachart Bank Public Company Limited serves exclusively as a licensed life insurance broker and bears responsibility solely in that capacity. In this regard, life insurance products are provided by Prudential Life Assurance (Thailand) Public Company Limited. TMBThanachart Bank Public Company Limited serves exclusively as a licensed life insurance broker and bears responsibility solely in that capacity.
Eligible life insurance products: ttb the treasure exclusive (88/8) life insurance product or ttb infinity wealth (99/9) life insurance product
The Depositor can open ttb the exclusive savings account based on the policy number of life insurance in possession, which is set at 1 account per 1 policy. The account so opened must be a private individual account and can be either a single account or joint account. In this regard, the person who opens the single account or joint account must have the same name as the policy owner (the insured) or the premium payer and the person who opens the account must meet the eligibility criteria set by the Bank. The Depositor is not permitted to use an alias for account opening or open the account on behalf of a third person or allow any other person to use such account.
The Depositor is required to open the account and make a single deposit transaction. The deposit amount must equal to the remaining life insurance premium to be paid, (excluding the first year’s premium which has already been paid).
The account can be opened and the deposit either by cash, cheque or fund transfer must be made within 30 days from the approval date of life insurance policy.
The Depositor must have ttb all free or ttb basic account as a linked account for transfer transactions with ttb the exclusive savings account. The linked account must bear the same name as ttb the exclusive savings account, thereby enabling the Bank to transfer money from ttb the exclusive savings to the linked account for further direct debit of life insurance premium in equal amount on an annually basis. In this regard, money will be transferred 1 business day before the premium payment’s due date throughout the policy life. The Bank will also transfer the interest from ttb the exclusive savings to the linked account twice a year in June and December of each year.
Cannot be used in conjunction with debit cards of all types, or to apply for SMS alert/Promptpay/direct debit/direct credit as well as automatic transfer system services.
ttb the exclusive savings cannot be used to receive money transfer from other deposit accounts.
Partial withdrawal is not allowed. Withdrawal must be in full amount as deposited and account closing must be made at the Branch only.
Upon full payment of the remaining life insurance premiums in accordance with the life insurance product held by the depositor, the Bank shall transfer the last installment of outstanding interest after deducting withholding tax (if any) according to the Revenue Department’s regulations to the linked account and automatically close ttb the exclusive savings account.
Interest rates and other conditions shall be as announced by the Bank. Changes, if any, shall be notified to the service users via the Bank’s Office and website.

Interest rate

Check interest rate at menu interest rate and fee

Interest Payment

Interest is calculated on a daily basis and shall be credited to the Depositor’s account semi-annually in June and December of each year.

Application Documents

National ID card.
ttb all free or ttb basic passbook to be used as linked account for transferring premium payment and receiving deposit interest from ttb the exclusive savings.

Account Information

product fact sheet of ttb the exclusive savings account

Terms and Conditions for Use of ttb the exclusive savings account