What's on offer

Your Money - Tuesday December 18, 2007

What's on offer

Bills of exchange and rates currently offered by banks.

- Kasikornbank offers three- and a six-month B/E at an annualised interest rate of 2.75% for 1-10 million baht and 2.8% for amounts above 10 million. The offer lasts until Dec 28.

For three-and six-month fixed deposit accounts, the bank offers 2% annualised for less than five million baht and 2.25% for deposits above five million.

- ACL Bank offers a 20-month B/E with an annualised return of 4%. The minimum investment is 500,000 baht.

Holders will not face penalty fees and can still earn some interest if they sell back the B/E before maturity. They will still receive an annualised interest rate of 3% if they hold the B/E for three months, 3.25% for six months, 3.3% for nine months, 3.5% for 12 months, 3.75% for 18 months and 4% for 20 months. Applications are being accepted until Dec 28.

- Thanachart Bank offers varying maturities. It offers an annualised return of 2.875% for a three-month B/E, 3.125% for four months, 2.875% for six months, 3.25% for eight months and 3% for 12 months. The minimum investment is one million baht.The bank also offers an annualised interest rate of 3% for three-, nine- and 12-month fixed-deposit account. The minimum investment is 100,000 baht. The offers last until Dec 31.

- Krung Thai Bank has a one-month B/E offering 2.6% annualised for an investment of more than 100,000 baht. Its three- and six-month B/E carry an annualised interest rate of 2.6% for an investment up to one million baht and 2.8% for an investment over one million baht. The bank also offers a 10-month fixed-deposit rate of 2.8% for a minimum deposit of 10,000 baht.

- Tisco Bank B/E products range from one to 36 months with annualised interest of 3%. Its eight-month fixed-deposit account offers 3% annualised interest. The minimum investment is one million baht.

- Siam Commercial Bank has introduced Combo Set, special interest rates for savings accounts. It offers annualised interest of 2.7% for three-month fixed-deposit accounts and 2.4% for 12 months. The initial minimum deposit is 50,000 baht and each subsequent deposit must be at least 10,000 baht.

Bangkok Post