Your question: What is the bank interest rate in Thailand?

Interest Rate in Thailand is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Interest Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.

Which country has the highest bank interest rate?

As of May 2021, the country with the highest deposit interest rate worldwide was Venezuela, where the interest rate was as high as 36 percent. Second in the list came another South American country, Argentina, where the interest rate reach 34 percent.

Which country has no bank interest?

Hence, banks offer a negative interest rate on customer deposits, making customers pay to deposit money with banks, to encourage spending and discourage saving. The eurozone, Switzerland, Denmark, Sweden and Japan have allowed rates to fall below zero.

Which bank is highest paying interest?

Fixed Deposit Interest Rates by Different Banks

Bank Tenure Interest rate
ICICI Bank 7 days to 10 years 4% to 7.25%
Punjab National Bank 7 days to 10 years 5.70% to 6.85%
HDFC Bank 7 days to 10 years 3.5% to 7.40%
Axis Bank 7 days to 10 years 3.5% to 7.25%

What is the rate of interest in saving account?

Latest Savings Account Interest Rates from Top Banks

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Bank Name Interest Rate
ICICI Bank Savings Account 3.5% – 4.00%
Axis Bank Savings Account 3.50% p.a. – RBI’s Repo Rate plus 0.85%
Kotak Mahindra Bank Savings Account 4.00% – 6.00% p.a.
Yes Bank Savings Account 5.00% – 6.25% p.a.

Can a foreigner open a bank account in Thailand?

In principle, a foreigner who has no proof of residence in Thailand can only open a non-resident bank account; however, some Thai-based banks may, depending on their internal policy and discretion, accommodate requests from non-resident customers in opening a resident account with no proof of residence.

Which country is best for savings?

Top 10 Countries With Highest Rates of Personal Savings

  • Luxembourg.
  • Switzerland.
  • Sweden.
  • Germany.
  • Netherlands.
  • South Korea.
  • Hungary.
  • Ireland.

Do Swiss banks pay interest?

The main benefits of Swiss bank accounts include the low levels of financial risk and high levels of privacy they offer. … Accounts held in Swiss Francs will earn a small amount of interest, but they’ll also have to pay the Swiss withholding tax.

Which bank is best for monthly interest?

Interest rates on Monthly Income FD Schemes

Top banks monthly income FD interest rates
Bank Interest rate Tenure range
Kotak Mahindra Bank 4.50% to 5.25% 365 days to 389 days
IDFC FIRST Bank 5.25% to 7.00% 181 days to less than 1 year
Union Bank of India 4.50% 181 days to less than 1 year
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