News Column

BTMU launches 'Krungsri Thai Benefit Package,' an overseas account opening intermediary service

July 9, 2014

ENP Newswire - 09 July 2014

Release date- 08072014 - BTMU launches 'Krungsri Thai Benefit Package,' an overseas account opening intermediary service.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) (President: Nobuyuki Hirano) is pleased to announce that it will launch the 'Krungsri*1 Thai Benefit Package' with Bank of Ayudhya Public Company Limited (Krungsri) on July 15, 2014. Krungsri became a consolidated subsidiary of BTMU in December 2013.

(*1) 'Krungsri' is part of the name of Bank of Ayudhya in the Thai language, meaning 'great capital.'

A large number of Japanese companies have penetrated the Thai market, and it is likely that more Japanese companies will expand their business there. With more and more Japanese taking up residence in Thailand, we have received many requests from customers hoping to open savings accounts, necessary in daily life in Thailand, before leaving Japan. 'Krungsri Thai Benefit Package' is a service designed to meet the growing needs of customers by allowing them to apply for financial services necessary for daily life in Thailand, including Krungsri deposit accounts, before relocating.

Major features of the service are:

1. Customers can apply to open a Krungsri savings account and wire funds to this account before leaving Japan.

2. Customers can conveniently apply for financial services including credit cards and internet banking.

3. Customers can receive Japanese language support for opening Krungsri accounts through a joint BTMU-Krungsri support system.

[Package Overview]

Service Krungsri Thai Benefit Package

Eligible customers

Japanese residents aged 20 or over possessing BTMU accounts who will enter

Thailand on non-immigrant visas (incl. official and diplomatic visas).

Intermediary services

Standard Savings account, cash card with debit card service

Optional Credit card, internet banking (incl. mobile banking), SMS notification service*2


Customers can apply for the service by completing an application form and mailing it to BTMU. Customers can request the application package via BTMU's website or call center (Toll free: 0120-786-125).

BTMU call center service hours : 9AM - 7PM (JST)

Launch date July 15, 2014

(*2) A service to notify customers of account activities via SMS, or short message service.

Krungsri is working to enhance Japanese language support for other services in Thailand by adding Japanese language options on its approximately 2,200 ATMs, primarily in Japanese residential areas in the capital Bangkok, and by setting up the Japanese Service Desk with Japanese-speaking staff at the Siam Paragon Branch.

BTMU is committed to meeting a broad range of customer needs by providing high quality products and services.

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Source: ENP Newswire

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