Transfer of Rights in Bonds

Investors interested in bonds must thoroughly research the details of their investment. Initially, those intending to hold bond rights must meet various criteria as follows:

1. The rights holder is an individual, including persons authorized to manage debt securities such as legal representatives of minors, guardians of quasi-incompetent persons, custodians of incompetent persons, or estate managers.
2. The rights holder is a legal entity.
3. The rights holder qualifies as an investor in securities with transfer restrictions (According to the announcement of the Securities and Exchange Commission No. 4/2560 on defining institutional investors, special large investors, and large investors, announced on February 8, 2560, and any amendments).

If an individual or legal entity holding rights in the bond certificates intends to transfer their bond rights to another person, they must submit a letter requesting a transfer of rights in bonds, signed in accordance with the signature specimen given to the Bank of Thailand, along with supporting documents for consideration, such as:

1. Identification card
2. Civil servant card or state organization employee card
   Passport, or a valid alien registration certificate can be used instead (in the case of foreigners)
3. Legal entity certification letter, issued by the Ministry of Commerce, not older than 1 month, or a letter indicating the legal entity status issued by a government agency
4. Letter requesting a transfer of rights in bonds
5. Bond certificate
6. First page of savings/current account book (certified copy by the transferor)
7. Signature specimen (if a specimen has not been provided)
8. Certification of qualification as an investor in securities with transfer restrictions, and documents indicating assets, income, or investment (in case of accepting the transfer of securities with transfer restrictions)

     The process of transferring of rights in bonds will take about 50 minutes, depending on several factors such as the completeness and correctness of the documents, the inspector's consideration, and the time taken to correct the application. Once the entire process is complete, the result will be immediately notified to the applicant at the agency. In the case of submitting the application by post, the result will be notified within 7 days from the completion of the review, and there will be a fee for submitting the following requests:

• The transfer of rights for a legal entity incurs a fee of 100 baht per bond certificate
• The transfer of rights for individuals incurs a fee of 20 baht per bond certificate

Service Channels:
In person at the office / Submitting documents by mail.
Bonds Department, Payment and Bond Section,
Bank of Thailand, Head Office, 273 Samsen Road,
Wat Sam Phraya Sub-district, Phra Nakhon District, Bangkok 10200.
Open Monday - Friday (except public holidays)
Time: 08.30 - 16.30 hrs. (with a lunch break).

Data updated on June 29, 2023
Source: Bank of Thailand
Tel. 1213