Remarks:
For gold retail shop shall have supporting documents for opening additional accounts as follows:
- 1 set of company certificate documents
- 1 set of statement on the Tax Status of the Business (ภ.พ.20)
- Copy of ID card of every company director
- A copy of the first page of the bank passbook
Before buying and selling, you must first open an account with the company and make a 10% deposit of the value of the gold you want to buy or sell (minimum amount of gold to place a buy-sell collateral is 5 baht).
For example:
The customer planned to enter a 5 baht gold trading account. As of the account opening date, the value of gold is 20,000 baht per gold baht, making a total of 100,000 baht. When buying and selling gold worth 5 baht, the customer must put down a minimum collateral deposit of 10,000 baht,which is 10% of the total amount of 100,000 baht.