Services

Opening a New Account

Investors who wish to invest in funds managed by TMBAM can open a new account by completing the following forms and submitting required documents to TMBAM or our selling agents nationwide. Investors are encouraged to carefully review the fund prospectus and other related documents which can be obtained at TMBAM or any of our selling agents.



Application Forms for Opening a New Account

  1. Account Opening Application Form
    • Complete account opening form and submit at TMBAM
    • Complete account opening form and submit at TMB Bank or our selling agents
  2. Direct Debit Form
    Investors may link their accounts with TMB, TBANK, KBANK, LHBANK (all branches nationwide), and KTB, SCB, BAY, UOB, BBL (only in Bangkok and its vicinity) to purchase the fund units by completing the direct debit form. Investors can designate more than one bank account by filling one direct debit form per account. TMBAM will request for approval permission from the investor’s host bank and this process normally takes up around 3 weeks. TMBAM will notify the investors once the host bank has permit the direct debit arrangement.

  3. Internet Application Form (for online transactions)
    Get the ultimate in convenience by going online. With the online services, investors can purchase, sell, or switch funds by themselves 24 hours a day. Investors can also keep track of their latest investment values in their portfolio, check transaction histories, and proceed with other transactions. Those wishing to transact online should have a direct debit with a bank account approved by the host bank before placing orders.

Documents Required for Opening a New Account
Investors applying for an account must submit the following required documents shown in the below table, including copies of bank accounts they wish to use in conjunction with the new fund account.

Type of Customer
Documents Supporting the Identity of Customer
Individuals:
Thai Nationality
  • National ID card.
Foreign Individuals:
Non-Thai Nationality
  • Passport.
Individuals - Military Officers
  • National ID card; or
  • Military service card and copy of house registration.
Buddhist Monks, Novices, Priests or Clergy of Other Religions
  • Identity certificate of monk/novice and copy of house registration; or
  • New version of identity certificate of monk/novice which contains national ID number, address, date of birth, and nationality; or
  • National ID card of monk, novice, priest or clergy of other religion.
Disabled Persons (with walking disability or deafness or two-eyed blindness)
  • National ID card; or
  • ID Card for People with Disabilities issued by the Social Development and Human Security Office held by the disabled person and ID card of the disabled person’s witness (In the case of a disabled person with two-eyed blindness, the identification documents of his witness are required).
Group of Persons
  • Same documents as those of an individual with the following additional documents:
    • Copy of contract for establishing the group of persons;
    • Copy of taxpayer ID card of the group of persons.
General Shops (Registered by individuals)
  • National ID card or passport (for foreigner) of the shop owner;
  • Copy of house registration (in case where the address is not shown on the identification card);
  • Commercial registration certificate specifying the name of the person applying for registration;
  • Request letter for opening an account;
  • Power of attorney/conditions (if any);
  • Taxpayer ID card (if any);
  • VAT registration certificate (if any).
Ordinary Partnership/Juristic Ordinary Partnership/Limited Partnership/Joint Ventures
  • National ID card or passport (for foreigner) of the managing partner, partners, the authorized signatories, top executive, and the person authorized to establish business relationship with the Management Company;
  • Copy of house registration of the managing partner, the authorized signatories, and the shareholders holding 20% and above of the total shares (in case where the address is not shown on the identification card);
  • Certificate issued by the Office of the Company Limited and Partnership Registration certifying the name and authorities of the managing partner;
  • Partnership agreement or regulations of the partnership;
  • Request letter for opening an account;
  • Power of attorney/conditions (if any);
  • Taxpayer ID card (if any).
Limited Companies
  • Certificate issued by the Office of the Company Limited and Partnership Registration not exceeding 6 months prior to submission;
  • Shareholder register;
  • Minutes of the Board of Directors’ meeting resolving to open an account with the Management Company which specify the names and conditions of authorized signatories; or request letter for opening an account;
  • Power of attorney/conditions (if any);
  • National ID card or alien ID card or passport (for foreigner) together with the photocopy of such documents that are duly signed and certified as true copy of the following persons:
    • (1) Authorized signatories on behalf of the juristic person who are authorized to establish business relationship/make transaction and the persons who are granted the ultimate authority to establish business relationship and/or make transaction.
    • (2) Persons authorized to undertake a transaction on behalf of the juristic person prescribed in the Certificate of Incorporation or other equivalent document for other type of juristic person.
    • (3) Top executive (CEO/MD).
    • (4) Guarantor (if any);
  • Copy of house registration of the authorized signatories on behalf of the company (in case where the address is not shown on the identification card);
  • VAT registration certificate (if any);
  • Taxpayer ID card (if any).
Associations
  • Permit for Establishment;
  • Regulations of the association;
  • Commercial registration certificate (if any);
  • Minutes of the Board of Directors’ meeting resolving to or a letter requesting to establish business relationship/make transaction with the Company;
  • National ID card or alien ID card or passport (for foreigner) of the authorized signatories on behalf of the association, top executive, and the person who is authorized to establish business relationship with the Management Company;
  • Copy of house registration of the authorized signatories on behalf of the association (in case where the address is not shown on the identification card);
  • Power of attorney/conditions (if any);
  • Taxpayer ID card (if any);
  • Certification statement for tax exemption (if any).
Foundations
  • Permit for Establishment;
  • Regulations of the foundation;
  • Minutes of the Board of Directors’ meeting resolving to or a letter requesting to establish business relationship/make transaction with the Company;
  • National ID card or alien ID card or passport (for foreigner) of the authorized signatories on behalf of the foundation, top executive, and the person who is authorized to establish business relationship with the Management Company;
  • Copy of house registration of the authorized signatories on behalf of the foundation (in case where the address is not shown on the identification card);
  • Power of attorney/conditions (if any);
  • Taxpayer ID card (if any);
  • Certification statement for tax exemption (if any).
Temples
  • Certificate of temple status;
  • Certificate of abbot appointment;
  • Identity certificate of monk/novice;
  • Power of attorney/conditions (if any);
  • Request letter for opening an account;
  • National ID card or alien ID card or passport (for foreigner) of the authorized signatories on behalf of the temple and the person who is authorized to establish business relationship with the Management Company;
  • Details of the board members of the temple.
Educational Institutions of Government/Private Sector that are Juristic Persons such as Schools, Colleges, Universities
  • Certification of Establishment issued by the Ministry of Education or the Ministry of University Affairs;
  • Letter of appointment of the top executive;
  • Minutes of the Board of Directors’ meeting resolving to or a letter requesting to establish business relationship/make transaction;
  • Power of attorney/conditions (if any);
  • National ID card or passport (for foreigner) of the authorized signatories, the top executive, and the person authorized to establish business relationship with the Management Company;
  • Copy of house registration (in case where the address is not shown on the identification card).
Embassies
  • Request letter for opening an account which specifies the names and conditions of authorized signatories (original copy);
  • Appointment letter of the top executive;
  • Passport of the authorized persons and the name list of authorized persons.
Government Agencies, Government Organizations, State Enterprises, State Agencies that are not Pubic Limited Companies or Limited Companies.
  • Act pertaining to establishment of such organization;
  • Request letter for opening an account;
  • Power of attorney/conditions (if any);
  • National ID card of authorized signatories, the top executive, and the person authorized to establish business relationship with the Management Company;
  • Copy of house registration of the authorized signatories (in case where the address is not shown on the identification card);
  • Order to establish business relationship/make transaction which specifies the names and conditions of authorized signatories.
Cooperatives/Clubs/Churches/Mosques/Shrines/Political parties/The Red Cross Society/ Public Charitable Organizations that are Tax-Exempt/Other Juristic Persons
  • Permit for establishment;
  • Regulations of the organization;
  • Letter of appointment of the top executive;
  • Commercial registration certificate (if any);
  • Minutes of the Board of Directors’ meeting resolving to or a letter requesting to establish business relationship/make transaction;
  • National ID card or alien ID card or passport (for foreigner) of the authorized signatories on behalf of the cooperative, the top executive, and the person who is authorized to establish business relationship with the Management Company;
  • Copy of house registration of the authorized signatories on behalf of the foundation (in case where the address is not shown on the identification document);
  • Power of attorney/conditions (if any);
  • Taxpayer ID card (if any);
  • Certification statement for tax exemption (if any).
Collective Investment Scheme (CIS)
  • Approval letter for the establishment of the CIS;
  • Registration statement of the CIS;
  • Statement certifying that the CIS operator is authorized to undertake securities business in the category of mutual fund management;
  • National ID card or photo ID card issued by government authorities or passport (for foreigner) of the authorized signatories of the CIS and the letter of authorization;
  • Power of attorney/conditions of authorized signatories (if any).


Remarks:


  1. All supporting documents for establishing business relationship/making transaction must be certified as true copy and duly signed by the customer.
  2. The certificate of incorporation of a juristic person must be certified by the Registrar not exceeding 6 months from the issuance date until the date on which the customer applies for establishing business relationship/making transaction.
  3. The national ID card shall remain valid as from the expiry date specified on the card until the birthdate of the cardholder in that year or the following year, as the case may be, by deeming that the birthdate of the cardholder is the actual expiry date of his national ID card.
  4. The documents listed in the above table are the minimum requirements for supporting the application for establishing business relationship/making transaction with the Company. If the operational guidelines of relevant work units or products require more documents or impose stricter requirements, the customer shall be subject to the stricter requirements.


Documents Received After Opening Account



Successful applicants will receive the following documents:
A copy of account opening and copies of other services applications



Recommendations by TMBAM


  1. The name of the new account opened must be identical to the name shown on the saving account in order to prevent the case that commercial banks refuse to transfer the proceeds of sales into the account.
  2. Applicants can link the TMBAM accounts with their TMB Bank accounts for their conveniences of account deductions from the fund purchases or automatic transfers of the sales proceeds into the account.
  3. Investors residing outside Bangkok and its vicinity should designate TMB Bank accounts for sales proceeds deposits.