Krungsri Bank (Bank of Ayuddhaya)

Banking
Krungsri Bank (Bank of Ayuddhaya)

Krungsri Journey:
Bank of Ayudhya Public Company Limited [symbol in SET: BAY] was established on January 27, 1945, and its ordinary shares were listed on the Stock Exchange of Thailand in 1977. The Bank is currently the fifth-largest bank in Thailand in terms of loans and deposits. Krungsri provides a full range of banking services to both commercial and individual customers.

Services:

Retail Banking:
  • Offers a range of personal banking services, including savings and current accounts.
  • Provides various types of loans, such as personal loans and home loans.
  • Offers credit cards with different features and benefits.

Corporate Banking:
  • Provides banking solutions for businesses, including corporate loans and financing.
  • Offers business accounts and treasury services.
  • Supports companies with international trade and investment services.

Investment and Wealth Management:
  • Provides investment products and services, including mutual funds and wealth management solutions.
  • Offers financial advisory services to help clients manage and grow their wealth.

Digital Banking:
  • Offers online and mobile banking services for convenient account management.
  • Provides digital payment solutions and online transactions.

International Banking:
  • Facilitates international money transfers and foreign exchange services.
  • Supports import and export businesses with trade finance solutions.

Insurance Services:
  • Offers various insurance products, including life insurance and general insurance.

Branch and ATM Network:
  • Operates a widespread network of branches and ATMs across Thailand for easy accessibility.

How to Apply for a Private Bank Account:

Passport:
  • A valid passport is typically required.

Non-Immigrant Visa:
  • A non-immigrant visa may be necessary.

Residence Certificate:
  • Some banks may request a residence certificate or confirmation from the Immigration Bureau.

Work Permit (for Employment):
  • If you’re employed in Thailand, a work permit may be required.

Proof of Address:
  • Documentation verifying your address in Thailand.

Initial Deposit:
  • An initial deposit is usually required.