Siam Commercial Bank (SCB) is among Thailand's oldest and largest banks, boasting a heritage dating back to 1907. It has played a vital role in the nation's economic progress and has transformed into a modern, innovative financial institution. SCB is renowned for its wide array of banking services tailored to individuals, businesses, and corporations.
Siam Commercial Bank Services:
Retail Banking:
Offers various deposit accounts, including savings and current accounts.
Provides personal loans, home loans, and other retail banking products.
Issues a diverse range of credit cards with different features and rewards.
Corporate Banking:
Provides comprehensive financial solutions for businesses, including corporate loans and trade finance.
Offers treasury and cash management services to meet the needs of corporate clients.
International Banking:
Facilitates international trade and investment with a suite of services.
Offers foreign exchange, trade finance, and cross-border banking services.
Investment and Wealth Management:
Provides investment products such as mutual funds, wealth management, and financial planning services.
Offers advisory services to assist clients in achieving their financial objectives.
Digital Banking:
Invests in digital technology to offer online and mobile banking services for convenient account management.
Provides digital payment solutions, including online transfers and mobile payments.
Innovation and Technology:
SCB has been a pioneer in adopting technological innovations, including fintech partnerships and digital initiatives aimed at enhancing customer experience.
Sustainability and Social Responsibility:
SCB is actively involved in various initiatives focusing on sustainability and social responsibility, demonstrating a commitment to ethical banking practices.
How to Apply for a Private Bank Account:
Passport: A valid passport is generally required.
Non-Immigrant Visa: A non-immigrant visa, such as a work visa or retirement visa, may be necessary.
Residence Certificate: Some banks may request a residence certificate or confirmation letter from the Immigration Bureau.
Work Permit (for Employment): If applicable, a work permit may be required.
Proof of Address: Documentation confirming your address in Thailand.
Initial Deposit: An initial deposit is typically required.
Please note that specific requirements for opening a bank account in Thailand, including at banks like Kasikorn Bank, Bangkok Bank, Krungthai Bank, Krungsri Bank, and Siam Commercial Bank, may vary. It's advisable to check with the respective banks for the most up-to-date information, as requirements can change over time.