Thairath Online
Thairath Online

What is an e-Savings Account? Key Features, Conditions for Opening and Transactions

Society10 Mar 2026 11:33 GMT+7

Share article

What is an e-Savings Account? Key Features, Conditions for Opening and Transactions

Bangkok Bank What is the "e-Savings Accumulated Deposit Account," what are its benefits and key features, and how does it differ from regular bank accounts? Who can openan accountand performtransactions?

Regarding the case where "Bangkok Bank" announced the indefinite postponement of the 2,000 baht minimum balance requirement for digital accounts, including the e-Savings Accumulated Deposit Account and the Bualuang Extra Digital Savings Account, after assessing that this measure was intended to help prevent fraudsters from using digital deposit accounts as mule accounts to reduce illegal transaction channels.

However, the bank considered that this measure might inconvenience customers, so it postponed the implementation indefinitely and apologized for any inconvenience, as previously reported (Bangkok Bank indefinitely postpones 2,000 baht minimum balance requirement for digital accounts)

Many people may wonder what the "e-Savings Accumulated Deposit Account" is and how its features differ from regular accounts. Thairath Online has compiled the following information.

What is an e-Savings Account?

The e-Savings Accumulated Deposit Accountis a passbook-free savings deposit account that can be opened independently via Bangkok Bank's mobile banking, with no minimum or maximum deposit limits.

Interest rate per year

  • For deposits up to 1 million baht, the interest rate is 1.35% per annum.
  • For deposits exceeding 1 million baht, the interest rate is 0.35% per annum (interest rates follow the bank's announced deposit rates).

Interest is paid twice a year (at the end of June and December each year).

Key features of the "e-Savings Accumulated Deposit Account"

  • Open an account conveniently anywhere through Bangkok Bank's mobile banking.
  • No fees for inter-provincial transactions.
  • Transactions can be conveniently conducted digitally and at bank branches without requiring a passbook.

Conditions for opening a new account

  • Account holders must be Thai nationals aged 15 or older.
  • Accounts can only be opened in the name of one individual.
  • Each customer is allowed to open only one account.
  • Accounts can be opened daily from 07:00 to 22:00 via Bangkok Bank's mobile banking.

Precautions

  • Inter-provincial or cross-provider transactions may incur additional fees.
  • Accounts can be closed at any branch of the bank.
  • Principal and interest are protected by the Deposit Protection Agency under the Deposit Protection Agency Act B.E. 2551 (2008) and its amendments, within legal limits.
  • The bank reserves the right to change the product type from e-Savings Accumulated Deposit Account to other deposit account types.
  • Applicants should fully understand the details and conditions before making any decisions.

Notification of changes in service conditions or important alerts

If there are changes affecting customer services, the bank will communicate or notify customers of significant changes at least 30 days in advance through various bank channels.




Source of information from the website:bangkokbank