Tax - Free Taveesin

A Tax Exempt Deposit That let's all your money work for you.

	Features
	Criteria
	Privileges
	Applicant Requirements
	Supporting Documents
	Fee

Features

• Deposits that remain properly maintained throughout their maturity, accrue interest at higher rates and are exempt from withholding tax. Thereafter, the same sum must be deposited each month for a total of 24 months. You can open a Tax-Free taveesin Account on behalf of children under 15 years of age as well.
  

Criteria

• A minimum of 1,000 Baht. up to a maximum of 25,000 Baht.
  
• You can open a Tax - Free Taveesin Account on behalf of children under 15 years of age as well.
  

Privilege

• If you deposit 5,000 Baht or more each month, you will receive 24-hour Personal Accident insurance during the 24-month term, wherever you may be in the world! The policy is valued at double the amount that must be deposited after the accident until the completion of the 24-month term, but not to exceed 1.2 million Baht.
  
• Free processing of a Tax Identification Card. If you do not already possess a Tax ID Card, Bank of Asia will handle your request for a Tax ID Card through the Customs Department without any service charge.
  

Applicant requirement

• New born child.

Supporting document

• Please bring along a certified identification (ID) card and a copy of the child's birth certificate and a certified registration certificate.